Real Estate Investment Properties for Sale in Banner Elk, NC

Looking for investment property in Banner Elk, NC with high ROI ?

Explore a variety of short-term homes & houses in Banner Elk, NC. Invest wisely with VRBO & Banner Elk, NC Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Banner Elk, NC

Search for properties for Sale in Banner Elk, North Carolina. Browse all of Mashvisor’s listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 372 listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
280 Isle Of Skye Banner Elk, NC Drastic price reduction. MOTIVATED SELLER!! Bring ALL offers! Prepare to be wowed with stu...	3 beds \| 3 baths \| 2,983 sq.ft.	$599,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 2.89% Airbnb Rental Income: $1474 Traditional Rental Income: $2557 Airbnb ROI: 0.17% Traditional ROI: 2.89%
101 Courtside Ln #A2 Banner Elk, NC Beautifully renovated 2-bedroom, 2-bathroom condo with long-range views located on top of ...	2 beds \| 2 baths \| 1,128 sq.ft.	$313,900	Airbnb cash on cash: 0.06% Traditional cash on cash: 0.57% Airbnb Rental Income: $1428 Traditional Rental Income: $1151 Airbnb ROI: 0.06% Traditional ROI: 0.57%
1193 Oliver Hill Rd Banner Elk, NC Fully remodeled 1910 farmhouse on one of the original Matney homesteads with stunning moun...	2 beds \| 2 baths \| 1,236 sq.ft.	$494,500	Airbnb cash on cash: 0.13% Traditional cash on cash: 0.57% Airbnb Rental Income: $1428 Traditional Rental Income: $1207 Airbnb ROI: 0.13% Traditional ROI: 0.57%
196 Trout Pond Ln #2 Banner Elk, NC Handyman Special in Mill Ridge â Great Investment Opportunity! This 1 bedroom, 1.5 bath...	1 beds \| 1 baths \| 669 sq.ft.	$259,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 3.04% Airbnb Rental Income: $1133 Traditional Rental Income: $1479 Airbnb ROI: 0.08% Traditional ROI: 3.04%
141 Snowflake Rd Banner Elk, NC Tucked away in the Mill Ridge community at the base of Grandfather Mountain, this 2-bedroo...	2 beds \| 1 baths \| 600 sq.ft.	$315,000	Airbnb cash on cash: 1.27% Traditional cash on cash: 1.93% Airbnb Rental Income: $1428 Traditional Rental Income: $1199 Airbnb ROI: 1.27% Traditional ROI: 1.93%
132 Heather Lane Banner Elk, NC Located approx a mile from the Town of Banner Elk, this charming mountain cottage sits in ...	5 beds \| 4 baths \| 2,337 sq.ft.	$630,000	Airbnb cash on cash: 3.11% Traditional cash on cash: 3.48% Airbnb Rental Income: $3414 Traditional Rental Income: $2878 Airbnb ROI: 3.11% Traditional ROI: 3.48%
1122 Summit Park Dr Banner Elk, NC Rarely does a home become available with a setting as sought-after as 1122 Summit Park Dri...	4 beds \| 4 baths \| 5,009 sq.ft.	$3,950,000	Airbnb cash on cash: -1.51% Traditional cash on cash: -1.28% Airbnb Rental Income: $2503 Traditional Rental Income: $2743 Airbnb ROI: -1.51% Traditional ROI: -1.28%
564 Nettles Ridge Road Banner Elk, NC Welcome to Eagles View Cabin, a classic log cabin retreat tucked just outside Foscoe and V...	3 beds \| 2 baths \| 1,976 sq.ft.	$659,900	Airbnb cash on cash: -0.46% Traditional cash on cash: 0.93% Airbnb Rental Income: $1474 Traditional Rental Income: $1890 Airbnb ROI: -0.46% Traditional ROI: 0.93%
321 Grays Shadow Ln Banner Elk, NC Unique Foscoe log cabin opportunity on 7.33 acres backing up to Grandfather Mountain State...	3 beds \| 2 baths \| 2,215 sq.ft.	$999,999	Airbnb cash on cash: -0.82% Traditional cash on cash: 0.03% Airbnb Rental Income: $1474 Traditional Rental Income: $1826 Airbnb ROI: -0.82% Traditional ROI: 0.03%
3441 Beech Mountain Pkwy #B5 Banner Elk, NC Easy access with great view. Immaculate 2 bedroom/2 bath condo. Just a few steps into you ...	2 beds \| 2 baths \| 1,270 sq.ft.	$475,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 0.49% Airbnb Rental Income: $1428 Traditional Rental Income: $1527 Airbnb ROI: -0.69% Traditional ROI: 0.49%
160 Bagpipe Way Banner Elk, NC Tucked into the quiet beauty of the High Country, between Boone and Banner Elk, this mount...	3 beds \| 3 baths \| 2,491 sq.ft.	$815,500	Airbnb cash on cash: -0.77% Traditional cash on cash: 0.78% Airbnb Rental Income: $1474 Traditional Rental Income: $2215 Airbnb ROI: -0.77% Traditional ROI: 0.78%
10 Eaglewood Trl Banner Elk, NC First time on the market gorgeously upgraded Balsam Village Home. This Balsam is extraordi...	2 beds \| 2 baths \| 2,542 sq.ft.	$1,380,000	Airbnb cash on cash: -1.56% Traditional cash on cash: -0.08% Airbnb Rental Income: $1428 Traditional Rental Income: $2908 Airbnb ROI: -1.56% Traditional ROI: -0.08%
38 Eagle Cottage Ln #10 Banner Elk, NC Beautifully appointed cabin at sought after River Club at Eagles Nest. Easy access to the ...	2 beds \| 2 baths \| 1,350 sq.ft.	$1,110,000	Airbnb cash on cash: -0.85% Traditional cash on cash: 0.05% Airbnb Rental Income: $1428 Traditional Rental Income: $1927 Airbnb ROI: -0.85% Traditional ROI: 0.05%
148 River Haven Dr Banner Elk, NC Beautiful new construction on the Elk River. This well appointed home was designed to high...	3 beds \| 2 baths \| 2,118 sq.ft.	$1,450,000	Airbnb cash on cash: -1.34% Traditional cash on cash: -0.46% Airbnb Rental Income: $1474 Traditional Rental Income: $2222 Airbnb ROI: -1.34% Traditional ROI: -0.46%
76 Valley Watch Ct Banner Elk, NC This brand new Tom Eggers home is located in the highly sought after Great Camp section of...	4 beds \| 3 baths \| 3,556 sq.ft.	$2,700,000	Airbnb cash on cash: -1.34% Traditional cash on cash: -1.16% Airbnb Rental Income: $2503 Traditional Rental Income: $2344 Airbnb ROI: -1.34% Traditional ROI: -1.16%
52 Eagle Cottage Ln #8 Banner Elk, NC Completely transformed and professionally interior decorated, this stunning River Club cot...	1 beds \| 1 baths \| 1,174 sq.ft.	$699,000	Airbnb cash on cash: -1.12% Traditional cash on cash: 0.18% Airbnb Rental Income: $1133 Traditional Rental Income: $1605 Airbnb ROI: -1.12% Traditional ROI: 0.18%
24 Creekside Dr #A Banner Elk, NC Cozy, cute and charming!!! This light filled home has that rustic mountain vibe you're loo...	1 beds \| 1 baths \| 509 sq.ft.	$214,900	Airbnb cash on cash: 0.95% Traditional cash on cash: 2.89% Airbnb Rental Income: $1133 Traditional Rental Income: $1150 Airbnb ROI: 0.95% Traditional ROI: 2.89%
239 Dutch Treat Road Banner Elk, NC Discover the perfect mountain retreat just 3 miles from the Lodge at Sugar Mountain Resort...	2 beds \| 2 baths \| 1,514 sq.ft.	$409,000	Airbnb cash on cash: 1.18% Traditional cash on cash: 2.72% Airbnb Rental Income: $1428 Traditional Rental Income: $1593 Airbnb ROI: 1.18% Traditional ROI: 2.72%
25 Reuben Wooten Rd Banner Elk, NC Charming Banner Elk home with a flat yard, abundant outdoor living, and plenty of inside s...	3 beds \| 2 baths \| 1,442 sq.ft.	$249,900	Airbnb cash on cash: 2.85% Traditional cash on cash: 7.08% Airbnb Rental Income: $1474 Traditional Rental Income: $2036 Airbnb ROI: 2.85% Traditional ROI: 7.08%
1644 Broadstone Road Banner Elk, NC RESIDENTIAL OR COMMERCIAL OPPORTUNITIES! Discover the epitome of mountain luxury at Broads...	4 beds \| 5 baths \| 5,100 sq.ft.	$995,000	Airbnb cash on cash: 0.67% Traditional cash on cash: 3.56% Airbnb Rental Income: $2503 Traditional Rental Income: $4569 Airbnb ROI: 0.67% Traditional ROI: 3.56%
35 Crestview Ln Banner Elk, NC Where mountain elegance meets modern innovation, this exceptional Elk River Club residence...	4 beds \| 4 baths \| 4,801 sq.ft.	$2,975,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 0.15% Airbnb Rental Income: $2503 Traditional Rental Income: $3918 Airbnb ROI: -0.58% Traditional ROI: 0.15%
442 Aldridge Rd Banner Elk, NC FULLY FURNISHED, TURNKEY, newly painted! Indulge in the epitome of luxury and investment p...	3 beds \| 5 baths \| 5,005 sq.ft.	$1,290,000	Airbnb cash on cash: -0.39% Traditional cash on cash: 2.22% Airbnb Rental Income: $1474 Traditional Rental Income: $4180 Airbnb ROI: -0.39% Traditional ROI: 2.22%
214 Sugar Bear Ridge Ln Banner Elk, NC Nestled amidst the rugged grandeur of the Blue Ridge Mountains, this enchanting stone moun...	2 beds \| 2 baths \| 1,721 sq.ft.	$665,000	Airbnb cash on cash: -0.37% Traditional cash on cash: 0.87% Airbnb Rental Income: $1428 Traditional Rental Income: $1770 Airbnb ROI: -0.37% Traditional ROI: 0.87%
20 Cabin Ridge Ln Banner Elk, NC Updated turn key Banner Elk log cabin! 20 Cabin Ridge has been updated throughout includi...	2 beds \| 2 baths \| 1,306 sq.ft.	$499,999	Airbnb cash on cash: 0.11% Traditional cash on cash: 1.58% Airbnb Rental Income: $1428 Traditional Rental Income: $1691 Airbnb ROI: 0.11% Traditional ROI: 1.58%
870 Clubhouse Drive B2 Banner Elk, NC Beautifully remodeled and thoughtfully updated, this spacious condo is perfectly positione...	3 beds \| 4 baths \| 2,355 sq.ft.	$1,600,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 0.94% Airbnb Rental Income: $1474 Traditional Rental Income: $3175 Airbnb ROI: -0.5% Traditional ROI: 0.94%
344 & 348 Tumbling Brook Dr Banner Elk, NC Nestled in the NC Appalachian Mountains, this historic 16-acre farm at 4,000 ft elev, idea...	3 beds \| 1 baths \| 1,428 sq.ft.	$1,249,000	Airbnb cash on cash: -1.02% Traditional cash on cash: 0.07% Airbnb Rental Income: $1474 Traditional Rental Income: $2303 Airbnb ROI: -1.02% Traditional ROI: 0.07%
762 George Eggers Rd Banner Elk, NC *HUGE, HUGE, HUGE PRICE REDUCTION* Enjoy views of rolling meadows, pasture land, neigh...	2 beds \| 2 baths \| 1,632 sq.ft.	$549,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 2.81% Airbnb Rental Income: $1428 Traditional Rental Income: $2205 Airbnb ROI: 0.46% Traditional ROI: 2.81%
407 Signature Ridge Road Banner Elk, NC Welcome to Signature Ridge Lodge! Located in the Blue Ridge Mountains just outside of Bann...	4 beds \| 4 baths \| 3,541 sq.ft.	$1,289,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 1.07% Airbnb Rental Income: $2503 Traditional Rental Income: $2872 Airbnb ROI: 0.25% Traditional ROI: 1.07%
140 Library Lane Banner Elk, NC $100K REDUCTION! 140 Library Lane is an iconic in-town historic estate offering nearly 3 p...	4 beds \| 3 baths \| 3,335 sq.ft.	$1,595,000	Airbnb cash on cash: 0.09% Traditional cash on cash: 0.58% Airbnb Rental Income: $2503 Traditional Rental Income: $2622 Airbnb ROI: 0.09% Traditional ROI: 0.58%
2181 Broadstone Rd Banner Elk, NC Custom Builder's Home - Quality & Charm in Every Detail! Welcome to your dream retreat in ...	2 beds \| 2 baths \| 1,977 sq.ft.	$879,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 2.15% Airbnb Rental Income: $1428 Traditional Rental Income: $2707 Airbnb ROI: 0.06% Traditional ROI: 2.15%
404 Silver Eagle Trl Banner Elk, NC Seize the Rare Opportunity to own "Sunset in Paradise", a $4.5 million Masterpiece nestled...	5 beds \| 4 baths \| 4,959 sq.ft.	$3,650,000	Airbnb cash on cash: -0.44% Traditional cash on cash: -0.04% Airbnb Rental Income: $3414 Traditional Rental Income: $4017 Airbnb ROI: -0.44% Traditional ROI: -0.04%
555 Highland Dr Banner Elk, NC Charming Mountain Retreat with Guest Apartment & Breathtaking Views, nestled at the base o...	3 beds \| 2 baths \| 2,813 sq.ft.	$899,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 1.85% Airbnb Rental Income: $1474 Traditional Rental Income: $2702 Airbnb ROI: -0.13% Traditional ROI: 1.85%
584 Grey Fox Ridge Road Banner Elk, NC "Escape to 'Amazing View Lodge,' a big, beautiful 4-bedroom 4.5-bathroom (each bedroom has...	4 beds \| 5 baths \| 2,558 sq.ft.	$1,545,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 1.51% Airbnb Rental Income: $2503 Traditional Rental Income: $3842 Airbnb ROI: 0.16% Traditional ROI: 1.51%
487 Klonteska Drive Banner Elk, NC Motivated Seller!!! Located just minutes from Downtown Banner Elk, this exceptional custom...	4 beds \| 4 baths \| 3,367 sq.ft.	$1,495,000	Airbnb cash on cash: -0.54% Traditional cash on cash: 0.36% Airbnb Rental Income: $2503 Traditional Rental Income: $3135 Airbnb ROI: -0.54% Traditional ROI: 0.36%
123 High Country Overlook Banner Elk, NC 123 High Country Overlook, Deep Gap, NC 28604 \| Single Family Residential	2 beds \| 3 baths \| 1,677 sq.ft.	$1,075,000	Airbnb cash on cash: -1.45% Traditional cash on cash: -0.33% Airbnb Rental Income: $1474 Traditional Rental Income: $2157 Airbnb ROI: -1.45% Traditional ROI: -0.33%
131 Eagle Roost Banner Elk, NC 131 Eagle Roost, Boone, NC 28604 \| Other	N/A beds \| N/A baths \| N/A	$299,900	Airbnb cash on cash: -1.34% Traditional cash on cash: 0.39% Airbnb Rental Income: $844 Traditional Rental Income: $1003 Airbnb ROI: -1.34% Traditional ROI: 0.39%
2910 Eagles Nest Trl Banner Elk, NC 2910 Eagles Nest Trl, Banner Elk, NC 28604 \| Single Family Residential	8 beds \| 8 baths \| 7,249 sq.ft.	$9,000,000	Airbnb cash on cash: -1.58% Traditional cash on cash: -1.19% Airbnb Rental Income: $3414 Traditional Rental Income: $5917 Airbnb ROI: -1.58% Traditional ROI: -1.19%
294 Silver Eagle Trl Banner Elk, NC 294 Silver Eagle Trl, Banner Elk, NC 28604 \| Single Family Residential	5 beds \| 5 baths \| 7,055 sq.ft.	$5,650,000	Airbnb cash on cash: -1.43% Traditional cash on cash: -0.81% Airbnb Rental Income: $3414 Traditional Rental Income: $5913 Airbnb ROI: -1.43% Traditional ROI: -0.81%
270 Elk Hill Dr Banner Elk, NC Beautiful 4PLEX w/BIG VIEWS of Banner Elk, Sugar Mountain and Beech Mountain! High Vaulted...	6 beds \| 6 baths \| 3,302 sq.ft.	$875,000	Airbnb cash on cash: 1.25% Traditional cash on cash: 5.25% Airbnb Rental Income: $3414 Traditional Rental Income: $5917 Airbnb ROI: 1.25% Traditional ROI: 5.25%
21 Creekside Rd #A Banner Elk, NC Fantastic Opportunity! Own a full-time residence or vacation getaway at a great price in a...	1 beds \| 1 baths \| 459 sq.ft.	$199,000	Airbnb cash on cash: 0.52% Traditional cash on cash: -0.14% Airbnb Rental Income: $1133 Traditional Rental Income: $632 Airbnb ROI: 0.52% Traditional ROI: -0.14%

Banner-elk, NC Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 372 investment properties available for sale in Banner-elk.

In 2026, the best neighborhood to buy investment property is Banner Elk.

The ROI for Short-Term is higher than the Long-Term in Banner-elk with average rental income of $null.

Your search for investment property begins and ends here

Investment Property for Sale in Banner Elk, NC

280 Isle Of Skye

Banner Elk, NC

3 beds | 3 baths | 2,983 sq.ft.

$599,000

Airbnb cash on cash: 0.17%

Traditional cash on cash: 2.89%

Airbnb Rental Income: $1474

Traditional Rental Income: $2557

Airbnb ROI: 0.17%

Traditional ROI: 2.89%

101 Courtside Ln #A2

Banner Elk, NC

2 beds | 2 baths | 1,128 sq.ft.

$313,900

Airbnb cash on cash: 0.06%

Traditional cash on cash: 0.57%

Airbnb Rental Income: $1428

Traditional Rental Income: $1151

Airbnb ROI: 0.06%

Traditional ROI: 0.57%

1193 Oliver Hill Rd

Banner Elk, NC

2 beds | 2 baths | 1,236 sq.ft.

$494,500

Airbnb cash on cash: 0.13%

Traditional cash on cash: 0.57%

Airbnb Rental Income: $1428

Traditional Rental Income: $1207

Airbnb ROI: 0.13%

Traditional ROI: 0.57%

196 Trout Pond Ln #2

Banner Elk, NC

1 beds | 1 baths | 669 sq.ft.

$259,000

Airbnb cash on cash: 0.08%

Traditional cash on cash: 3.04%

Airbnb Rental Income: $1133

Traditional Rental Income: $1479

Airbnb ROI: 0.08%

Traditional ROI: 3.04%

141 Snowflake Rd

Banner Elk, NC

2 beds | 1 baths | 600 sq.ft.

$315,000

Airbnb cash on cash: 1.27%

Traditional cash on cash: 1.93%

Airbnb Rental Income: $1428

Traditional Rental Income: $1199

Airbnb ROI: 1.27%

Traditional ROI: 1.93%

132 Heather Lane

Banner Elk, NC

5 beds | 4 baths | 2,337 sq.ft.

$630,000

Airbnb cash on cash: 3.11%

Traditional cash on cash: 3.48%

Airbnb Rental Income: $3414

Traditional Rental Income: $2878

Airbnb ROI: 3.11%

Traditional ROI: 3.48%

1122 Summit Park Dr

Banner Elk, NC

4 beds | 4 baths | 5,009 sq.ft.

$3,950,000

Airbnb cash on cash: -1.51%

Traditional cash on cash: -1.28%

Airbnb Rental Income: $2503

Traditional Rental Income: $2743

Airbnb ROI: -1.51%

Traditional ROI: -1.28%

564 Nettles Ridge Road

Banner Elk, NC

3 beds | 2 baths | 1,976 sq.ft.

$659,900

Airbnb cash on cash: -0.46%

Traditional cash on cash: 0.93%

Airbnb Rental Income: $1474

Traditional Rental Income: $1890

Airbnb ROI: -0.46%