Single Family Home $ 1,100,000

321 Grays Shadow LN

Banner Elk, NC 28604

  • 3 Beds
  • 3 Baths
    Full Baths: 2 Half Baths: 1
  • 2,215 SqFt
  • 7.33 Lot Size
  • 2002 Year Built
Unique Foscoe log cabin opportunity on 7.33 acres backing up to Grandfather Mountain State Park land. Ideally located between Boone and Banner Elk, this 3 bedroom, 2.5 bathroom cabin offers over 2,200 square feet of living space, an oversized 2-car garage, seasonal mountain views, and room to enjoy, expand, or create a true High Country retreat. With no HOA, no deed restrictions, light Foscoe-Grandfather zoning, and short- and long-term rentals permitted, this property offers excellent flexibility for personal use, investment, or future buildout.

The cabin features a desirable open floor plan with one-level living, vaulted ceilings, warm wood accents, abundant windows for natural light, and a gas fireplace in the main living area. The main level 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. A large 550+ square foot deck is accessed from both the main living area and primary bedroom, creating a great outdoor living space with wiring already in place for a hot tub. Upstairs offers two additional bedrooms, a full bathroom, and a large loft area, providing excellent space for guests, office use, or a second living area.

The land is a special part of this offering, with a mix of flat and sloping terrain, a natural wooded setting, beautiful rock outcroppings, a creek, and additional potential building sites. Seasonal mountain views may be enhanced with selective tree work. The oversized basement garage offers room for two vehicles stacked, storage, workshop space, or mountain toys. Whether you envision a generational homeplace, guest cabins, rental opportunities, or simply keeping the acreage natural and private, this property provides a rare combination of acreage, location, flexibility, and proximity to Grandfather Mountain State Park. Minutes from grocery, restaurants, parks, Grandfather Vineyard, and more, with Boone and Banner Elk approximately 15 minutes away.
Listed by Wright Brokers with Hyatt in the High Country

PROPERTY DETAIL

  • Key Details

    Property Type Single Family Home

    Sub Type Single Family Residence

    Listing Status Active

    Purchase Type For Sale

    Square Footage 2, 215 sqft

    Price per Sqft $496

    MLS Listing ID 263081

    Style Log Home, Mountain

    Bedrooms 3

    Full Baths 2

    Half Baths 1

    HOA Y/N No

    Abv Grd Liv Area 2,215

    Year Built 2002

    Annual Tax Amount $1,717

    Lot Size 7.330 Acres

    Acres 7.33

    Property Sub-Type Single Family Residence

  • Location

    State NC

    County Watauga

    Community Long Term Rental Allowed, Short Term Rental Allowed

    Area 5-Watauga, Shawneehaw

  • Rooms

    Basement Other, See Remarks, Unfinished

  • Building

    Story 2

    Entry Level Two

    Foundation Basement

    Sewer Septic Tank

    Water Other, See Remarks, Well

    Architectural Style Log Home, Mountain

    Level or Stories Two

  • Interior

    Interior Features Furnished, Vaulted Ceiling(s)

    Heating Electric, Fireplace(s), Heat Pump

    Cooling Heat Pump

    Fireplaces Type Gas, Propane

    Fireplace Yes

    Appliance Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer

    Laundry Washer Hookup, Dryer Hookup, Main Level

  • Exterior

    Exterior Feature Gravel Driveway

    Parking Features Basement, Driveway, Garage, Two Car Garage, Gravel, Other, Private, Shared Driveway, See Remarks

    Garage Spaces 2.0

    Garage Description 2.0

    Community Features Long Term Rental Allowed, Short Term Rental Allowed

    Utilities Available Cable Available, High Speed Internet Available, Septic Available

    View Y/N Yes

    Water Access Desc Other,See Remarks,Well

    View Mountain(s), Seasonal View

    Roof Type Asphalt,Shingle

    Porch Open

  • Schools

    Elementary Schools Valle Crucis

    High Schools Watauga

  • Others

    Tax ID 1878418765000

    Acceptable Financing Cash, Conventional, New Loan

    Listing Terms Cash, Conventional, New Loan

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CONTACT

Nate Wright

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