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$999,999

Listing Price

3beds

2.5baths

2,215sqft

107,158sqft lot

321 Grays Shadow Ln, Banner Elk, NC 28604

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

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For Sale

Off Market

Single Family

Home type

451.47

Price / sqft

2002

Year built

Home Details

RARE 7.33-ACRE MOUNTAIN RETREAT near Banner Elk consisting of two parcels and adjoining Grandfather Mountain State Park land. Recent $10,000+ driveway improvements enhance access to this unrestricted property offering an existing furnished log cabin, creek, seasonal mountain views, and potential additional building sites. With no HOA or deed restrictions and short-term rentals permitted, the possibilities range from a private mountain estate to a family compound, guest cabins, or investment property.nnThe centerpiece of the property is a furnished 3-bedroom, 2.5-bath log cabin offering more than 2,200 square feet of living space with a desirable open floor plan and convenient one-level living. The main living area features vaulted ceilings, warm wood accents, abundant windows for natural light, and a gas fireplace that creates a comfortable mountain atmosphere. The main level also includes a generously sized living room, dining area, pantry, laundry room, guest half bath, and spacious primary suite with en-suite bathroom and walk-in closet.nnA large 550+ square foot deck is accessible from both the main living area and primary bedroom, providing excellent outdoor living space surrounded by the property's natural mountain setting. Wiring is already in place for a hot tub. Upstairs are two additional bedrooms, a full bathroom, and a large loft area offering flexible space for guests, an office, game room, or second living area.nnA basement garage/workshop offers valuable space

Interior Details

Square Feet
  • 2215

Bedrooms
  • 3

Bathrooms
  • 2.5

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Heat Pump

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Electric

Basement
  • Has Basement:

    No

  • Basement Type:

    Partial

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 107158

Water
  • Yes

Sewer
  • No

Parking
  • Type:

    Garage, Basement

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    1

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Rustic

Exterior
  • Logs

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$1,308

$26,600

$244,700

--%

$271,300

2019

$1,308

$26,600

$244,700

--%

$271,300

2017

$1,173

$26,600

$244,700

--%

$271,300

2017

$1,173

$26,600

$244,700

--%

$271,300

2015

$1,064

$26,600

$244,700

--%

$271,300

2014

$1,064

$26,600

$244,700

--%

$271,300

2013

$1,015

$26,600

$229,100

--%

$255,700

2011

$1,015

$26,600

$229,100

--%

$255,700

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Average Home Price in 28604

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$999,999

3 Beds

2.5 Baths

2,215 Sqft

107,158 Lot (sqft)

Sold 10/06/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
999,999
$
Down payment
199,999.80
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
5,999.99
$
HOA (Monthly)
0
$
PMI
0
$
$6,473
Your Payment
Total Monthly Payment:$6,473
Percent of Income:111%
Affordable:No

Details for 321 GRAYS SHADOW LN

Property Debt

Foreclosure Contact Details