321 Grays Shadow LN, Banner Elk, NC 28604
321 Grays Shadow LN, Banner Elk, NC 28604
321 Grays Shadow LN, Banner Elk, NC 28604
321 Grays Shadow LN, Banner Elk, NC 28604
321 Grays Shadow LN, Banner Elk, NC 28604
321 Grays Shadow LN, Banner Elk, NC 28604
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 949,900
Est. payment | /mo

3 Beds

3 Baths

2,215 SqFt


$ 949,900
Est. payment | /mo

3 Beds

3 Baths

2,215 SqFt

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 $428

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

Property Description

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.

The 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.

A 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.

A basement garage/workshop offers valuable space for vehicles, outdoor equipment, hobbies, or recreational gear. Outdoor living areas provide opportunities to relax and take in the surrounding woods, seasonal mountain scenery, and natural beauty of the property.

The land is an especially distinctive part of this offering, with a mix of flat and gently sloping terrain, mature woods, beautiful rock outcroppings, a mountain creek, and potential additional building sites. Seasonal mountain views may be enhanced with selective tree work. The property's two-parcel configuration provides additional flexibility for future use or expansion, subject to applicable approvals.

Located approximately midway between Boone and Banner Elk, this Foscoe property offers convenient access to many of the High Country's most popular destinations, including Grandfather Mountain, the Blue Ridge Parkway, Valle Crucis, skiing, hiking, dining, shopping, vineyards, and year-round recreation.

With light Foscoe-Grandfather zoning, no HOA, no deed restrictions, and both short- and long-term rentals permitted, this property offers unusual flexibility for personal use, investment, or future buildout. Whether you are searching for acreage, privacy, unrestricted mountain property, development flexibility, or a furnished cabin with room to grow, 321 Grays Shadow Lane offers a rare opportunity to own a substantial piece of the High Country in an exceptional location.

Location

State NC

County Watauga

Community Long Term Rental Allowed, Short Term Rental Allowed

Area 5-Watauga, Shawneehaw

Rooms

Basement Other, See Remarks, Unfinished

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

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

Schools

Elementary Schools Valle Crucis

High Schools Watauga

Others

Tax ID 1878418765000

Acceptable Financing Cash, Conventional, New Loan

Listing Terms Cash, Conventional, New Loan

Virtual Tour https://youtu.be/eCMfMU3g9uI

High Country MLS
Listed by Wright Brokers with Hyatt in the High Country

NEARBY SCHOOLS & PROPERTIES

Nate Wright

+1(828) 457-5104

nate@wrightbrokers.com

304 Trillium Ridge, Unite States

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

321 Grays Shadow LN