4968 Hickory Nut Gap Road, Banner Elk NC

  • 3 Bed
  • 6 Bath
  • 2261 ft2
  • 1.3 ac

For Sale $1,300,000

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Remarks:

IDEALLY LOCATED, MOUNTAIN CABIN is located in Banner Elk, less than 4 miles from downtown, nestled between Sugar Mountain Ski Resort (about 6 miles away) and Ski Beech (about 9 miles away). This beautifully crafted 4-bedroom, 4.5-bath mountain retreat, built in 2007, offers quality construction, impressive finishes, and a versatile layout ideal as a primary residence, second home, or investment property. The main level showcases a STUNNING GREAT ROOM with STONE FIREPLACE, soaring character, and beautiful solid OAK FLOORING flowing through the great room, kitchen, dining areas, foyer, and powder room. The oversized kitchen features abundant workspace and bar seating, complemented by a convenient kitchen dining area and elegant formal dining room with a STRIKING COFFERED WOOD CEILING. The spacious primary suite offers a private sitting area, massive bath, and exceptional closet space, while custom hardwood stair rails add another layer of craftsmanship. Upstairs, a generous loft provides the perfect space for reading, relaxing, or a home office. TWO OVERSIZED BEDROOMS each feature EN-SUITE BATHROOMS and extensive wall-to-wall closet space. The EXPANSIVE LOWER LEVEL offers incredible flexibility with room for multiple bunk beds, recreation, or additional guest space, plus a full bath. There is a generator to provide backup power and peace of mind during mountain weather. Outdoor living is equally impressive with THREE LARGE DECKS—one on the front and two overlooking the back, connected by stairs and providing plenty of room for entertaining or relaxing in the mountain air. From the THOUGHTFUL FLOOR PLAN and quality finishes to the abundant sleeping space. This property delivers the MOUNTAIN GETAWAY buyers are looking for. The home has been in a rental program. Words truly cannot do it justice—experience the 3D tour, explore the photos, and come see this remarkable home in person.

Exterior Features:

Fire Pit

Interior Features:

Open Floorplan

General Information:

List Price: $1,300,000
Status: For Sale
Bedrooms: 3
Type: Single Family Residence
Approx Sq. Ft.: 2261 sqft
Parking: Driveway, Garage Faces Side
MLS Number: CAR4424631
Subdivision: None
Bathrooms: 6
Year Built: 2007
Sewer Type: Private Sewer

Assigned Schools:

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

Price & Sales History

Date Event Price $/SQFT
09-21-2026 Listed $1,300,000 $575
01-10-2026 Price Increase $360,900+1.12% $160
12-13-2025 Listed $356,900 $158

Nearby Schools

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 9 miles PK-05 8

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
4968 Hickory Nut Gap Road, Banner Elk NC 0 mi $1,300,000 days
100 Summersweet Drive, Banner Elk NC 0.4 mi $345,000 days
419 Summit Trail, Banner Elk NC 0.4 mi $2,299,000 days
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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

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

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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 Realty One Group Results

    4968 Hickory Nut Gap Road, Banner Elk NC is a 2261 ft2 on a 1.340 acres Appraisal lot. This is for $1,300,000. This has 3 bedrooms, 6 baths, and was built in 2007.

    Based on information submitted to the MLS GRID as of 2026-09-21 19:35:49 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.