Hospitality

Banner Elk, NC Hospitality Properties for Sale

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Beech Mountain, NC Elk Park, NC Sugar Mountain, NC Lenoir, NC Linville, NC Seven Devils, NC Sugar Grove, NC Newland, NC
Mixed-Use Property with Guest Quarters
Updated: Feb 28
Mixed-Use Property with Guest Quarters

1644 Broadstone Road, Banner Elk, NC 28604

$995,000
2.91 AC lot
5,100 SQ FT mixed‑use property on approximately 2.91 acres
Separate living quarters provide additional accommodation or rental functionality
12+ parking spaces plus two outbuildings
Outdoor brick terrace with stone fireplace
Multiple HVAC systems and tankless gas water heater
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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 1 Active listings in Banner Elk, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Bed & Breakfast Property
Bed & Breakfast Property

181 Maple Street, Blowing Rock, NC 28605

$2,225,000
0.56 AC lot

A level downtown parcel supports an existing bed-and-breakfast operation.

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Boutique Hotel Portfolio With 67 Keys
Boutique Hotel Portfolio With 67 Keys

315 SUNSET DR, Blowing Rock, NC 28605

Contact for pricing

Three established lodging properties totaling 67 keys near downtown Blowing Rock and outdoor attractions.

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Creston, NC Campsites Land
Creston, NC Campsites Land

Beechwood Circle lot: 56, Creston, NC 28615

Contact for pricing
0.11 AC lot

Land with 56 campsites near Three Top Mountain Game Lands.

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Creston, NC Campsites Land
Creston, NC Campsites Land

Beechwood Circle lot: 57, Creston, NC 28615

Contact for pricing
0.11 AC lot

Land with campsites near Three Top Mountain Game Lands.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Boone Homesite with Shared Well
Boone Homesite with Shared Well

Indian Springs Road lot: 36B, Boone, NC 28607

$70,000
0.62 AC lot

Homesite near Boone with shared well and possible views.

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Blowing Rock Land with Permits
Blowing Rock Land with Permits

Ski Acres Drive lot: 37, Blowing Rock, NC 28605

$69,000
0.71 AC lot

Land with survey, well permit, and septic permit near slopes.

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Mountain Recreation Land
Mountain Recreation Land

243+/- Dobbin Road, Banner Elk, NC 28604

$11,500,000
241.00 AC lot

Wooded mountain tract with a recently added road and proximity to skiing, golf, restaurants, shopping, and the Blue Ridge Parkway.

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Blowing Rock 1.3 Acre Lot
Blowing Rock 1.3 Acre Lot

Hews Circle, Blowing Rock, NC 28605

$60,000
1.30 AC lot

1.3 acre lot in Blowing Rock, short term rentals allowed.

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Off-Market Properties in Banner Elk, NC

Consider similar Off-Market properties in Banner Elk, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

875 Main W St
HOTEL/MOTEL

875 Main W St, Banner Elk, NC 28604-7719

Estimated value:
$790,000
7,878 sqft 5.72 AC lot
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45 Jackalopes Way
HOTEL/MOTEL

45 Jackalopes Way, Banner Elk, NC 28604

Estimated value: by Request
6,676 sqft 2.92 AC lot
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95 Eagle Park Cir
CAMPGROUND, RV PARK

95 Eagle Park Cir, Banner Elk, NC 28604

Estimated value:
$325,000
247 sqft 0.36 AC lot
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1615 Tynecastle Hwy
HOTEL/MOTEL

1615 Tynecastle Hwy, Banner Elk, NC 28604-9708

Estimated value:
$705,000
44,983 sqft 3.78 AC lot
View details
194 Haw Rdg Ofc Hwy
HOTEL/MOTEL

194 Haw Rdg Ofc Hwy, Banner Elk, NC 28604-4800

Estimated value:
$465,000
11,020 sqft 0.69 AC lot
View details

Banner Elk, NC Hospitality Properties Market Trends and Statistics

Explore 6 hospitality properties for sale in Banner Elk, NC on our real estate platform.

Sale prices for hospitality properties in Banner Elk, NC average $995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bed & breakfasts 1

Demographics Overview

Population 7,280
Population Growth (5Y) -4.7%
Median Household Income $64,052
College Educated 31.0%

High-Yield Neighborhoods for Investment

Identify Banner Elk submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
28604 $995K

Taxes & Financing

Tax Rate (average for all types) 0.40%
Property Tax per SF $7.60 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Avery County

New Delisted

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