For Sale $299,000
Charming Historic Farmhouse! Listed at 491 sq ft due to ceiling heights under 7 ft, this home actually offers over 1,500 sq ft of functional, inviting living space that has been lovingly used and enjoyed for generations. While today’s standards may not count every inch, you certainly will—from cozy bedrooms to charming gathering spaces, there's room to live, relax, and create new memories. Step into the heart of Banner Elk history with this captivating early 1900s farmhouse, nestled just minutes from the town center. This home offers the warmth of a bygone era, thoughtfully maintained and full of character you won’t find in modern builds. Fully furnished and ready to enjoy, this home is ideal as a weekend retreat, short-term rental, or full-time residence for those who appreciate craftsmanship, charm, and simpler living. If you're looking for something unique with soul, substance, and a story—you’ve found it.
| List Price: | $299,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 491 sqft |
| Parking: | None |
| MLS Number: | CAR4299402 |
| Subdivision: | None |
| Bathrooms: | 1 |
| Year Built: | 1909 |
| Sewer Type: | Septic Installed |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 08-30-2025 | Price Decrease | $299,000-7.97% | $609 |
| 07-25-2025 | Price Decrease | $324,900-4.16% | $662 |
| 06-17-2025 | Listed | $339,000 | $691 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Grandfather Academy | 2 miles | 01-07 | 1 |
| Valle Crucis Elementary | 5 miles | PK-05 | 8 |
| Cove Creek Elementary | 9 miles | PK-05 | 7 |
| 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 |
| 40 Painter Road, Banner Elk NC | 0 mi | $299,000 | days | |
| 1697 Balm Highway, Banner Elk NC | 0.4 mi | $480,000 | days | |
| 584 Grey Fox Ridge, Banner Elk NC | 1 mi | $1,695,000 | days | |
| 438 Sky Rock Trail, Banner Elk NC | 1.2 mi | $1,100,000 | 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)
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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 High Country Resort Properties
40 Painter Road, Banner Elk NC is a 491 ft2 on a 0.950 acres Appraisal lot. This is for $299,000. This has 2 bedrooms, 1 baths, and was built in 1909.
Based on information submitted to the MLS GRID as of 2025-06-17 09:15:54 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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