5539 NC 105 Highway, Banner Elk, NC 28604 - Avery County

Located directly on NC-105 between Boone and Banner Elk, this 1.5-acre property offers prime visibility and potential for a variety of uses… residential, commercial, or both. The existing 2-bedroom, 1-bath home (approximately 960 sq ft) was originally built in 1963 and will need extensive renovations, but it sits on a valuable stretch of highway frontage with a view of Grandfather Mountain.

Use it as a base for a small business, turn it into affordable workforce housing, renovate for a short-term rental, or clear the way for something entirely new. Zoned without restrictions and outside of a POA, short-term rentals are allowed. There’s no current water source. A spring was historically shared with a neighbor, but that arrangement is no longer in place, so buyers will need to establish a new one. Whether you’re looking to create affordable workforce housing, establish a shop or office with high traffic exposure, or take on a full-scale renovation project, this could be your canvas.

With 5-minute access to Sugar Mountain, 10 to Banner Elk, and 15 to Boone, the location speaks for itself. This is a project with vision, upside, and options, so bring your sketch book and imagination!

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