160 Old Turnpike East RD, Banner Elk, NC 28604
160 Old Turnpike East RD, Banner Elk, NC 28604
160 Old Turnpike East RD, Banner Elk, NC 28604
160 Old Turnpike East RD, Banner Elk, NC 28604
160 Old Turnpike East RD, Banner Elk, NC 28604
160 Old Turnpike East RD, Banner Elk, NC 28604
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Nate Wright

Nate Wright

+1(828) 457-5104
$ 1,100,000
Est. payment | /mo

5 Beds

7 Baths

2,698 SqFt

Save
$ 1,100,000
Est. payment | /mo
Save

5 Beds

7 Baths

2,698 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,698 sqft

Price per Sqft $407

MLS Listing ID 263840

Style Farmhouse,Mountain

Bedrooms 5

Full Baths 4

Half Baths 3

HOA Y/N No

Abv Grd Liv Area 2,698

Year Built 1912

Annual Tax Amount $2,001

Lot Size 0.370 Acres

Acres 0.37

Property Sub-Type Single Family Residence

Property Description

Historic Banner Elk Estate: The Pink House A Distinguished Mountain Legacy Dating to 1912 Originally constructed as The Banner Elk Inn, this architecturally significant residence—affectionately known as “The Pink House”—represents a rare opportunity to own a piece of Banner Elk's storied heritage. This renovated estate seamlessly marries period authenticity with contemporary luxury, creating an exceptional mountain retreat of unparalleled character. Prime Downtown Location Positioned just 0.3 miles from Banner Elk's vibrant downtown corridor, this property offers the coveted combination of historic significance and modern convenience. Banner Elk's finest restaurants, boutique shopping, and cultural attractions are within an easy stroll. Thoughtfully Curated Interiors The residence encompasses 5 bedrooms, 4 full bathrooms, and 3 half baths across three distinctive levels. The home's historic soul reveals itself in the original parlor, where authentic beadboard walls and period lighting transport guests to a bygone era. The expansive living room, anchored by a gas fireplace and appointed with built-in bookcases, offers both grandeur and comfort with dual-function overhead lighting and ceiling fans. The main floor also features a generously proportioned primary suite with ensuite bathroom and walk-in closet. A mudroom entry provides integrated laundry facilities, complete with washer, dryer, and utility sink. A culinary centerpiece, the reimagined kitchen features custom cabinetry, premium Cafe appliances, and Italian soapstone countertops. A concealed walk-in pantry adds both functionality and intrigue, while the adjacent dining area provides an elegant setting for entertaining. The second level houses four additional bedrooms—two with private ensuite bathrooms—plus a shared full bathroom and convenient half bath. The third level provides two flexible spaces ideal for home offices, guest quarters, or creative pursuits, serviced by an additional half bath. Distinctive Outdoor Spaces Multiple exterior living areas enhance the property's appeal. Original stone steps descend directly to Main Street, while a covered side porch with swing provides the perfect vantage point for mountain air contemplation. The thoughtfully landscaped grounds feature historic water fountains and an outdoor fireplace, creating intimate gathering spaces. A newly constructed rear patio, enclosed by custom fencing, offers additional privacy and entertaining opportunities. Investment Potential This exceptional property presents multiple ownership possibilities: establish a distinguished primary residence, create an enviable vacation retreat, or explore restoration as a boutique bed and breakfast with appropriate municipal permitting. The combination of prime location, historic provenance, and modern amenities creates a truly singular investment opportunity in Banner Elk's prestigious real estate market. Broker Interest

Location

State NC

County Avery

Community Long Term Rental Allowed, Short Term Rental Allowed

Area 8-Banner Elk

Rooms

Basement Unfinished

Interior

Heating Baseboard, Electric, Heat Pump

Cooling Central Air, 1 Unit

Fireplaces Number 2

Fireplaces Type Two, Free Standing, Gas, Stone, Wood Burning

Fireplace Yes

Appliance Dryer, Dishwasher, Electric Cooktop, Electric Range, Disposal, Gas Water Heater, Refrigerator, Washer, Water Heater

Laundry Main Level

Exterior

Exterior Feature Fire Pit, Gravel Driveway

Parking Features Driveway, Gravel, Private

Community Features Long Term Rental Allowed, Short Term Rental Allowed

Utilities Available Cable Available, High Speed Internet Available

Water Access Desc Public

Roof Type Metal

Porch Covered

Building

Story 3

Entry Level Three Or More

Foundation Basement

Sewer Public Sewer

Water Public

Architectural Style Farmhouse, Mountain

Level or Stories Three Or More

Schools

Elementary Schools Banner Elk

Middle Schools Avery

High Schools Avery County

Others

Tax ID 1859-18-31-8136-00000

Acceptable Financing Cash, Conventional, New Loan

Listing Terms Cash, Conventional, New Loan

High Country MLS
Listed by Howard Hanna Allen Tate Real Estate Blowing Rock

NEARBY SCHOOLS & PROPERTIES

Nate Wright

+1(828) 457-5104

nate@wrightbrokers.com

304 Trillium Ridge, Unite States

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160 Old Turnpike East RD