4968 Hickory Nut Gap Road, Banner Elk, NC
$1,200,000 · 3 bedrooms · 6 baths · 4,253 sq ft · built 2007
Listing courtesy of Realty One Group Results (James Condrey). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.
About the home
PRICE IMPROVEMENT!!! IDEALLY LOCATED, MOUNTAIN CABIN is located in Banner Elk, less than 4 miles from downtown, nestled between Sugar Mountain Ski Resort (about 6 miles away) and Ski Beech (about 9 miles away). This beautifully crafted 4-bedroom, 4.5-bath mountain retreat, built in 2007, offers quality construction, impressive finishes, and a versatile layout ideal as a primary residence, second home, or investment property. The main level showcases a STUNNING GREAT ROOM with STONE FIREPLACE, soaring character, and beautiful solid OAK FLOORING flowing through the great room, kitchen, dining areas, foyer, and powder room. The oversized kitchen features abundant workspace and bar seating, complemented by a convenient kitchen dining area and elegant formal dining room with a STRIKING COFFERED WOOD CEILING. The spacious primary suite offers a private sitting area, massive bath, and exceptional closet space, while custom hardwood stair rails add another layer of craftsmanship. Upstairs, a generous loft provides the perfect space for reading, relaxing, or a home office. TWO OVERSIZED BEDROOMS each feature EN-SUITE BATHROOMS and extensive wall-to-wall closet space. The EXPANSIVE LOWER LEVEL offers incredible flexibility with room for multiple bunk beds, recreation, or additional guest space, plus a full bath. There is a generator to provide backup power and peace of mind during mountain weather. Outdoor living is equally impressive with THREE LARGE DECKS—one on the front and two overlooking the back, connected by stairs and providing plenty of room for entertaining or relaxing in the mountain air. From the THOUGHTFUL FLOOR PLAN and quality finishes to the abundant sleeping space. This property delivers the MOUNTAIN GETAWAY buyers are looking for. The home has been in a rental program. Words truly cannot do it justice—experience the 3D tour, explore the photos, and come see this remarkable home in person.
Price in context
- Asking $282 per square foot.
- That is 60% below the $704 median across 17 active $1.5M+ homes in Banner Elk.
- 16th highest asking price of 17 active $1.5M+ homes in Banner Elk.
- 8th largest by living area of the 15 with a recorded size.
- Reduced $100,000 (7.7%) from the original $1,300,000 asking price.
- 24 days on the market, listed 2026-09-21.
- County tax assessment $815,300; the asking price is 1.47× the assessed value.
Location
Neighborhood: None, Avery County, ZIP 28604.
Assigned schools
- Elementary: Banner Elk
- Middle: Avery County
- High: Avery County
School assignments come from the listing and can change; confirm with the district.
Features
- Levels
- Two
- Construction
- Wood
- Roof
- Architectural Shingle
- Bathrooms
- 5 full, 1 half
- Basement
- Finished
- Fireplace
- Yes
- Interior
- Open Floorplan
- Flooring
- Carpet, Tile, Wood
- Kitchen & appliances
- Dishwasher, Dryer, Electric Cooktop, Microwave, Wall Oven, Washer
- Heating
- Forced Air, Propane
- Cooling
- Central Air
- Garage
- 1 spaces
- Parking
- Driveway, Garage Faces Side
- Exterior
- Fire Pit
- View
- Mountain(s)
- County
- Avery
Comparable homes on the market
- 419 Summit Trail, Banner Elk — $2,099,000, 6 bd, 2,982 sq ft, 0.4 mi away
- 301 Highland Circle, Sugar Mountain — $1,475,000, 4 bd, 4,473 sq ft, 2.1 mi away
- 1226 Grouse Moor Drive, Sugar Mountain — $1,950,000, 4 bd, 5,185 sq ft, 2.4 mi away
- 5023 Elk Park Highway, Elk Park — $1,750,000, 4 bd, 2,636 sq ft, 3.3 mi away
- Tbd White Eagle Trail, Banner Elk — $2,163,000, 4 bd, 3,233 sq ft, 3.4 mi away
- 6 Valley Watch Court, Banner Elk — $4,250,000, 6 bd, 6,634 sq ft, 3.4 mi away
See it privately
Nicholas and Miriam Peters show every home personally. Peters & Associates, 4401 Barclay Downs Dr #132, Charlotte, NC 28209. Office 704-264-4572. Request a private showing.