Price $272,500
Status Active
Beds 2
Baths 1 Bath
Home size 491 sqft
Lot Size 41,382 sqft
Historic Farmhouse in Banner Elk with Strong Short Term Rental Performance. This early 1900s farmhouse offers far more usable space than the 491 sq ft listed on paper. Due to ceiling heights under 7 feet, only a portion is counted, yet the home provides over 1,500 sq ft of functional living space. From practical bedrooms to flexible gathering areas, the layout delivers comfort, efficiency, and plenty of room to accommodate guests. Located just minutes from Banner Elk town center, the property blends historic character with modern-day appeal. Guests consistently rave about the central location, with Banner Elk Winery only 1 mile away and two ski slopes within 5 miles. It's been well maintained, retains its original charm, and offers a unique setting that continues to attract travelers looking for something memorable and authentic. For investors, the numbers speak for themselves. This home is already established on Airbnb and VRBO. It holds all 5 star reviews on Airbnb and benefits from an experienced Superhost who has built strong visibility and consistent demand. The next owner steps into a turnkey short term rental with proven performance and immediate income potential. The home is being sold fully furnished, making onboarding simple whether you plan to continue operating it as a high performing short term rental, use it as a personal getaway, or both. Its proximity to recreation, restaurants, wineries, and year round attractions further strengthens its rental appeal. If you're looking for a well positioned investment with character, reliable returns, and room to grow, this Banner Elk farmhouse deserves a close look. It's a unique asset with a story, strong momentum, and the kind of charm guests continue to rave about.
Property Type(s): Single Family
Tract None Year Built 1909
Community None County Avery

SCHOOLS

Elementary School Banner Elk
Jr. High School Avery County
High School Avery County

Additional Details

AIR Ductless
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Electric Range, Microwave
BASEMENT Crawl Space
FIREPLACE Yes
HEAT Baseboard, Ductless
LOT 0.95 acre(s)
LOT DIMENSIONS 0.95
MLS STATUS Active
PARKING Driveway
SEWER Septic Tank
STORIES 2
SUBDIVISION None
WATER Well

Location

 

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Listed with High Country Resort Properties
Date last updated: 1/17/26 2:07 PM PST

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