4968 Hickory Nut Gap Road
Banner Elk, NC, 28604 $ 1,200,000
Bedrooms3 Baths5.1 Sq 4,253 Monthly Estimate*
$ 8,288
for $1,200,000 with 3 bedrooms and 5 full baths, 1 half bath. This 4,253 square foot home was built in 2007 on a lot size of 1.34.
PRICE IMPROVEMENT!!! 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.
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FeaturesGeneralLiving Area 4253
Sewer Private Sewer
Heating Forced Air Propane
Cooling Central Air
Utilities Electricity Connected Fiber Optics Propane
Roof Architectural Shingle
Appliances Dishwasher Dryer Electric Cooktop Microwave Wall Oven Washer
Garage Spaces 1
Patio/Porch Features Covered Deck Porch
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Wood
Year Built 2007
View Mountain(s)
Levels Two
Property Subtype Single Family Residence
Parcel Number 1847-01-39-1368-00000
Elevation 4000
County Avery
New Construction N
Property Type Residential
HOA N
Subdivision Name None
Garage Y/N Y
Full Baths 5
Directions From Tynecastle Hwy take Hickory Nut Gap Rd approximately 2.5 miles to the driveway on the left.
High School Avery County
City Banner Elk
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Elementary School Banner Elk
Middle/Junior High School Avery County
Additional Parcels Y/N N
Virtual Tour https://mls.cloudpano.com/tours/foxuri3b_?mls=1 https://mls.cloudpano.com/tours/foxuri3b_?mls=1
Standard Status Active
Construction Type Site Built
Restrictions No Restrictions
Tax Assessed Value 815300
Listing Terms Cash Conventional
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InteriorInterior Amenities Open Floorplan
Basement Finished
Flooring Carpet Tile Wood
Fireplace Features Gas Vented Great Room
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 3363
Half Baths 1
Laundry Features Main Level
Total Bedrooms 3
Below Grade Finished Area 890
Total Baths 6
SqFt Main 2261
SqFt Lower 0
SqFt Upper 1102
Bedroom 1
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ExteriorExterior Amenities Fire Pit
Parking Features Driveway Garage Faces Side
Water Source Well
Lot Size Area 1.34
Foundation Details Basement
Road Surface Type Asphalt Paved
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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* Excluded FeaturesList ByRealty One Group ResultsBroker
Affordability Calculator
- Monthly Principal & Interest
- $8,288
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Banner Elk, NC
Average List Price $2,186,332
Percent of Sale Price 82%
About Banner Elk, NC 902 Population
25% Since 2002
$ 51,966 Median Income
33.26 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
1897826 Elementary School
2164537 Middle School
Avery County High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/15/2026 | $1,200,000 | -7.69% | Price Down |
| 9/21/2026 | $1,300,000 | | Listed Price |