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$1,790,000

Listing Price

5beds

5baths

2,500sqft

115,870sqft lot

7583 Hickory Nut Gap Rd, Banner Elk, NC 28604

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

489.92

Price / sqft

1990

Year built

Home Details

Downtown Banner Elk Retreat with Panoramic Mountain Views & Dual Living Spaces Discover this rare opportunity in the heart of Banner Elk, just one minute from downtown, perfectly positioned on 2.66 acres overlooking Lees-McRae College, Grandfather Mountain, and the surrounding Blue Ridge peaks. This beautifully manicured property sits atop a gentle hill, offering privacy, rolling green space, and the peaceful sounds of nature all while being just moments from local dining, shops, and outdoor adventures. Its common to spot deer, black bear, and native wildlife roaming the property, and a hiking trail at the edge of the land connects to a stream leading directly to the Lees-McRae duck pond, adding to the tranquil mountain charm. The home is thoughtfully designed with two distinct living spaces think large family home, a multi-generational retreat, or a turnkey short-term rental investment. Main Level (Primary Residence) Enter through the welcoming front porch into a spacious living room with vaulted ceilings, a stone fireplace, and sweeping mountain views from the back porch. The main level includes: 3 bedrooms Kitchen and dining area Walk-in pantry Sauna envision aprs-ski relaxation Upper Level (Short-Term Rental Suite) With a separate entrance and dedicated parking, the upstairs is fully equipped as a separate rental or guest suite. Features include: Open living room and kitchen Small office/flex space 3 bedrooms, each with en-suite bathroom Outside, enjoy a storage shed for

Interior Details

Square Feet
  • 2500

Bedrooms
  • 5

Bathrooms
  • 5

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    None

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Carpet

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 115870

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    0

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • Multi-level

Exterior
  • Stone

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

percent-home-icon

Average Home Price in 28604

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$1,790,000

5 Beds

5 Baths

2,500 Sqft

115,870 Lot (sqft)

Sold 10/06/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,790,000
$
Down payment
358,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
10,740
$
HOA (Monthly)
0
$
PMI
0
$
$11,587
Your Payment
Total Monthly Payment:$11,587
Percent of Income:199%
Affordable:No

Details for 7583 HICKORY NUT GAP RD

Property Debt

Foreclosure Contact Details

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