321 Grays Shadow Lane , Banner Elk, NC 28604

$1,100,000
  • 321 Grays Shadow Lane , Banner Elk, NC 28604 Main Photo

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New to the Market Active
BEDS3 BATHS2 full 1 partial SQUARE FEET2,215 MLS#4402280
STATUSActive PROPERTY TYPEResidential - Single Family

Property Description

Unique Foscoe log cabin opportunity on 7.33 acres backing up to Grandfather Mountain State Park land. Ideally located between Boone and Banner Elk, this 3 bedroom, 2.5 bathroom cabin offers over 2,200 square feet of living space, an oversized 2-car garage, seasonal mountain views, and room to enjoy, expand, or create a true High Country retreat. With no HOA, no deed restrictions, light Foscoe-Grandfather zoning, and short- and long-term rentals permitted, this property offers excellent flexibility for personal use, investment, or future buildout. The cabin features a desirable open floor plan with one-level living, vaulted ceilings, warm wood accents, abundant windows for natural light, and a gas fireplace in the main living area. The main level includes a generously sized living room, dining area, pantry, laundry room, guest half bath, and spacious primary suite with en-suite bathroom and walk-in closet. A large 550+ square foot deck is accessed from both the main living area and primary bedroom, creating a great outdoor living space with wiring already in place for a hot tub. Upstairs offers two additional bedrooms, a full bathroom, and a large loft area, providing excellent space for guests, office use, or a second living area. The land is a special part of this offering, with a mix of flat and sloping terrain, a natural wooded setting, beautiful rock outcroppings, a creek, and additional potential building sites. Seasonal mountain views may be enhanced with selective tree work. The oversized basement garage offers room for two vehicles stacked, storage, workshop space, or mountain toys. Whether you envision a generational homeplace, guest cabins, rental opportunities, or simply keeping the acreage natural and private, this property provides a rare combination of acreage, location, flexibility, and proximity to Grandfather Mountain State Park. Minutes from grocery, restaurants, parks, Grandfather Vineyard, and more, with Boone and Banner Elk approximately 15 minutes away.

321 Grays Shadow Lane | MLS# 4402280

This single family home located at 321 Grays Shadow Lane , Banner Elk, NC 28604 is currently listed for sale with an asking price of $1,100,000. This property was built in 2002 and has 3 bedrooms and 2 full and 1 partial baths with 2215 sq. ft. Search Banner Elk real estate on deving.lakenormanrealty.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Heating: Heat Pump
Home Style: Cabin
Lot Size: 7.33 Acres
Roof Type: Architectural Shingle
Year Built: 2002

Feature Descriptions

Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer, Washer/Dryer
Days on Site: 5
Exterior: Log, Wood
Fireplace: Family Room, Gas Log, Gas Unvented
Foundation: Basement, Other - See Remarks
Laundry: Main Level
Lot: Adjoins Forest, Hilly, Level, Sloped, Creek/Stream, Views, Wooded
Parcel#: 1878418765000
Parking: Basement
Patio/Porch: Deck
Sewer: Septic Installed
Special View Info: Mountain(s), Winter
Utilities: Cable Available, Fiber Optics
Water: Well, Other - See Remarks

Local Schools

High School: Watauga
Middle School: Valle Crucis
Elementary School: Valle Crucis

Listed By / Shown By

Listed By

Agency Name: Wright Brokers with Hyatt in the High Country
Agency Contact: nate@wrightbrokers.com

Shown By

Agent Name: Devin Gracely
Agent Phone: Cell: (704) 914-5652
Agency Title: Lake Norman Realty

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Estimated Payment

$ 6,175.50 per month $5,854.66 Principal & Interest $0.00 Property Tax (data not provided by mls) $320.83 Homeowner's Insurance

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