372 Silver Springs Drive, Banner Elk NC

  • 4 Bed
  • 3 Bath
  • 2966 ft2
  • 0.3 ac

For Sale $689,900

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Remarks:

Welcome to your mountain retreat in the heart of Banner Elk! Nestled in a quiet, peaceful neighborhood at the base of Beech Mountain and just minutes from downtown, this 4-bedroom, 3-bathroom single-family home offers the perfect blend of privacy, comfort, and convenience. As one of only two stand-alone homes in the community, you'll enjoy a unique sense of space and serenity — all while being close to skiing, dining, shopping, and year-round outdoor adventures. Features include: Stunning long-range mountain views Spacious open-concept living and dining areas 4 generously sized bedrooms and 3 full bathrooms Quiet community setting with very limited standalone homes Prime location near Beech Mountain Resort, downtown Banner Elk, and hiking trails Whether you’re looking for a full-time residence, vacation home, or rental investment, this rare property offers a little bit of everything — all in one of the High Country's most desirable locations.

General Information:

List Price: $689,900
Status: For Sale
Bedrooms: 4
Type: Single Family Residence
Approx Sq. Ft.: 2966 sqft
Parking: Driveway, Attached Garage
MLS Number: CAR4275590
Subdivision: Silver Springs Farm
Bathrooms: 3
Year Built: 2005
Sewer Type: Public Sewer

Assigned Schools:

Elementary: Banner Elk
Middle: Avery County
High: Avery County

Price & Sales History

Date Event Price $/SQFT
08-23-2025 Listed $689,900 $233

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Grandfather Academy 1 miles 01-07 1
Valle Crucis Elementary 7 miles PK-05 8
Bethel Elementary 9 miles KG-06 5

Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.

Properties For Sale Nearby

Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.

Street Address Distance Status List Price Days on Market
372 Silver Springs Drive, Banner Elk NC 0 mi $689,900 days
706 Silver Springs Drive, Banner Elk NC 0.1 mi $2,950,000 days
750 Silver Springs Drive, Banner Elk NC 0.3 mi $1,550,000 days
520 Penny Lane, Banner Elk NC 0.7 mi $582,000 days
552 Penny Lane, Banner Elk NC 0.7 mi $749,900 days
344 & 348 Tumbling Brook Drive, Banner Elk NC 1 mi $1,998,000 days
1 to 6 of 6 Result

Sold Properties Nearby

Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.

Street Address Distance Property Type Sold Price Property Details

Commute Distance & Time

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  • Down Payment Amount $990,000
    Mortgage Amount $3,960,000
    Monthly Payment (Principal & Interest Only) $19,480

    * Expand Calculator (incl. monthly expenses)

    Property Taxes
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    H.O.A. / Maintenance
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    Property Insurance
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    Total Monthly Payment $20,941

    Demographic Data For Zip 28604

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    Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.

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    Property Listing Information

    A Courtesy Listing Provided By Western Piedmont Real Estate, LLC

    372 Silver Springs Drive, Banner Elk NC is a 2966 ft2 on a 0.250 acres Appraisal lot. This is for $689,900. This has 4 bedrooms, 3 baths, and was built in 2005.

    Based on information submitted to the MLS GRID as of 2025-08-23 11:00:36 EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS. Click here for more information

    Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.