For Sale $689,900
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.
| 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 |
| Elementary: | Banner Elk |
| Middle: | Avery County |
| High: | Avery County |
| Date | Event | Price | $/SQFT |
| 08-23-2025 | Listed | $689,900 | $233 |
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.
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 |
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 |
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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 |
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Transportation to Work |
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.
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.
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