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 Blowing Rock, NC Sugar Grove, NC
Mixed-Use Property with Second Living Quarters
Updated: Feb 28
Mixed-Use Property with Second Living 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
12+ parking spaces and two outbuildings
Second living‑quarters area included; property offered furnished
Main residence‑business configuration with flex rooms, workshops, and storage
Updates include new roofing, multiple HVAC systems, and a tankless gas water heater
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Bed & Breakfast Cabin with Suites
Updated: Apr 11
Bed & Breakfast Cabin with Suites

1709 Broadstone Road, Banner Elk, NC 28604

Contact for pricing
Custom‑built commercial‑style bed & breakfast in Valle Crucis with a rental history over $50,000
5 large master suites, each with a full ensuite bathroom
Grand open floor plan with a great room and sunroom featuring a double‑sided fireplace
Main level includes a large covered deck, formal dining room, and a large gourmet kitchen with dining area
Second level offers 3 additional master suites with full bathrooms, plus an office/reading room and a large open loft
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Historic Bed & Breakfast Inn
Historic Bed & Breakfast Inn

4584 NC Highway 194, Banner Elk, NC 28604

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Historic inn features 9 guest rooms, furnished operation, and a large commercial-grade kitchen.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 3 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.

Six-Cabin Mountain Resort
Six-Cabin Mountain Resort

158 Alpine Village Drive, Blowing Rock, NC 28605

$2,300,000
4.69 AC lot

Guest accommodations feature private hot tubs and gas fireplaces, with Middle Fork Creek/New River frontage across the grounds.

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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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Mountain Top Development Land
Mountain Top Development Land

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

$11,500,000
241.00 AC lot

241+/- acres of wooded mountain-top land with recent road access and elevations from 3,800 to 4,500+ feet.

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Buildable Land with Mountain Views
Buildable Land with Mountain Views

Yasmine Lane lot: 9, Vilas, NC 28692

$30,000
1.82 AC lot

1.82-acre lot near Boone, NC, ready for your vision.

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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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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

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

45 Jackalopes Way, Banner Elk, NC 28604

Value Estimation 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

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

1615 Tynecastle Hwy, Banner Elk, NC 28604-9708

$705,000
Estimated value
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

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

Banner Elk, NC Hospitality Properties Market Trends and Statistics

Explore 8 hospitality properties for sale in Banner Elk, NC, showcased through 3 active listings 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 3

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 $1.1M

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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