Address
473 Double Knob Road, Banner Elk, NC
Price
$ 699,500
Property Attributes
- ID#264120
- TypeSingle Family
- Listing Status Contingent
- CountyAvery
- CityBanner Elk
- Area8-Banner Elk
- NeighborhoodRiver Run
- Zip28604
- Style
- Year Built1993
- Taxes$ 1991
- Price$ 699,500
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms1
- Sqr Footage1960
- Lot Size6.47 Acres
Data Source:
High Country Association of REALTORS® (HCAOR)
Property Description
Privacy, acreage and convenience—this Banner Elk log cabin offers a combination that is increasingly hard to find. Tucked away on 6.47 wooded acres, the property feels like a true mountain retreat, surrounded by woods and nature, yet downtown Banner Elk is only about 10 minutes away. The generous acreage is one of the property's greatest assets, providing exceptional privacy while giving you control over maintaining or enhancing the long-range mountain views. River Run is a small gated community with private access to the Elk River and its trout waters. Inside, the cabin has all the warmth and character you'd expect from a mountain log home. The open floor plan is filled with natural light from dramatic floor-to-ceiling windows, while a beautiful stone wood-burning fireplace anchors the great room. The farmhouse-style kitchen features granite countertops, a large center island, gas range and stainless appliances. The adjoining dining area opens directly onto a spacious covered rear deck—an ideal place to relax, entertain and take in the peaceful mountain setting. The main level offers a spacious primary bedroom and private bath with separate vanities, along with a convenient half bath for guests. Upstairs are two additional bedrooms, a full bath and a large loft overlooking the living area. Approximately 1,320 square feet of unfinished basement offers tremendous potential for future expansion, with a walkout entrance and plenty of space for a game room, theater, recreation area, workshop or additional living space. The home is also equipped with a Generac whole-home on-demand generator, central dehumidifier and Tar Heel Basement Systems moisture-control system—valuable features for added comfort, protection and peace of mind in a mountain home. Whether you're searching for a full-time mountain home, private getaway or property with tremendous short-term rental potential, 473 Double Knob Road stands out for what matters most: 6.47 acres, long-range mountain views, exceptional privacy and a location just minutes from the heart of Banner Elk.
| Elementary School | High School |
|---|---|
| Banner Elk Elementary School | Avery County High School |
| Price History | |
|---|---|
| 9/3/2026 | Listed $699,500 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 28604
Price
Taxes
Year Built
High Country Association of REALTORS (HCAOR) © Information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Last Update: September 20, 2026 9:23 PM UTC
Mountain Lakes Board of Realtors® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
