40 Painter RD, Banner Elk, NC 28604 – 4337403 - Kelly Myers

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Kelly Myers - MrLakeNorman

kelly@mrlakenorman.com +1(704) 621-5000

$ 272,500

Est. payment | -/mo

2 Beds

1 Bath

491 SqFt

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$ 272,500

Est. payment | -/mo

Save Virtual Tour

2 Beds

1 Bath

491 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 491 sqft

Price per Sqft $554

MLS Listing ID 4337403

Bedrooms 2

Full Baths 1

Abv Grd Liv Area 491

Year Built 1909

Lot Size 0.950 Acres

Acres 0.95

Property Sub-Type Single Family Residence

Property Description

Historic Farmhouse in Banner Elk with Strong Short Term Rental Performance. This early 1900s farmhouse offers far more usable space than the 491 sq ft listed on paper. Due to ceiling heights under 7 feet, only a portion is counted, yet the home provides over 1,500 sq ft of functional living space. From practical bedrooms to flexible gathering areas, the layout delivers comfort, efficiency, and plenty of room to accommodate guests. Located just minutes from Banner Elk town center, the property blends historic character with modern-day appeal. Guests consistently rave about the central location, with Banner Elk Winery only 1 mile away and two ski slopes within 5 miles. It's been well maintained, retains its original charm, and offers a unique setting that continues to attract travelers looking for something memorable and authentic. For investors, the numbers speak for themselves. This home is already established on Airbnb and VRBO. It holds all 5 star reviews on Airbnb and benefits from an experienced Superhost who has built strong visibility and consistent demand. The next owner steps into a turnkey short term rental with proven performance and immediate income potential. The home is being sold fully furnished, making onboarding simple whether you plan to continue operating it as a high performing short term rental, use it as a personal getaway, or both. Its proximity to recreation, restaurants, wineries, and year round attractions further strengthens its rental appeal. If you're looking for a well positioned investment with character, reliable returns, and room to grow, this Banner Elk farmhouse deserves a close look. It's a unique asset with a story, strong momentum, and the kind of charm guests continue to rave about.

Location

State NC

County Avery

Zoning ETJ

Rooms

Primary Bedroom Level Main

Main Level Bedrooms 1

Main Level Primary Bedroom

Upper Level Bathroom-Full

Interior

Heating Baseboard, Ductless

Cooling Ductless

Fireplace true

Appliance Dishwasher, Electric Range, Microwave

Laundry Mud Room, Main Level

Exterior

Street Surface Gravel

Garage false

Building

Dwelling Type Site Built

Foundation Crawl Space

Sewer Septic Installed

Water Well

Level or Stories Two

Structure Type Wood

New Construction false

Schools

Elementary Schools Banner Elk

Middle Schools Avery County

High Schools Avery County

Others

Senior Community false

Special Listing Condition None

Virtual Tour https://listings.jaybirdaerials.com/sites/40-painter-rd-banner-elk-nc-28604-13837348/branded

Listed by Michelle Griffin • High Country Resort Properties • Michelle@HighCountryResortProperties.com

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Kelly Myers - MrLakeNorman

+1(704) 621-5000

Broker/Owner/Trainer/Coach | License ID: 300067

Broker/Owner/Trainer/Coach License ID: 300067

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40 Painter RD Banner Elk, NC 28604

Kelly Myers - MrLakeNorman

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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