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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
280 Isle Of Skye Banner Elk, NC Prepare to be wowed with stunning views of Grandfather Mountain, and over 1000 square feet...	3 beds \| 3 baths \| 2,983 sq.ft.	$684,900	Airbnb cash on cash: -0.44% Traditional cash on cash: 2.21% Airbnb Rental Income: $1111 Traditional Rental Income: $2433 Airbnb ROI: -0.44% Traditional ROI: 2.21%
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: 1.38% Traditional cash on cash: 3.21% Airbnb Rental Income: $2200 Traditional Rental Income: $2718 Airbnb ROI: 1.38% Traditional ROI: 3.21%
144 Grandfather Farms Road Banner Elk, NC Stunning and Serene. Wake up to Grandfather Mountain perfectly framed in your primary bed...	3 beds \| 2 baths \| 2,003 sq.ft.	$625,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 2.64% Airbnb Rental Income: $1111 Traditional Rental Income: $2429 Airbnb ROI: -0.26% Traditional ROI: 2.64%
311 Penny Lane 2D Banner Elk, NC Luxury mountain living at its finest where unobstructed long-range views of Grandfather an...	3 beds \| 3 baths \| 2,264 sq.ft.	$749,000	Airbnb cash on cash: -1.47% Traditional cash on cash: 1.95% Airbnb Rental Income: $1111 Traditional Rental Income: $3124 Airbnb ROI: -1.47% Traditional ROI: 1.95%
5349 Hickory Nut Gap Road Banner Elk, NC Charming 2 BR / 2 BA mountain home located just a few miles outside of Banner Elk, NC. Thi...	2 beds \| 2 baths \| 1,290 sq.ft.	$374,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 3.3% Airbnb Rental Income: $948 Traditional Rental Income: $1667 Airbnb ROI: 0.26% Traditional ROI: 3.3%
24 Creekside Drive #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.	$219,000	Airbnb cash on cash: -1.04% Traditional cash on cash: 2.27% Airbnb Rental Income: $647 Traditional Rental Income: $1035 Airbnb ROI: -1.04% Traditional ROI: 2.27%
25 Reuben Wooten Road Banner Elk, NC 25 Reuben Wooten Road is a 3 bedroom, 2 bath home with a bonus room HUGE living room, a di...	3 beds \| 2 baths \| 1,442 sq.ft.	$275,000	Airbnb cash on cash: 1.34% Traditional cash on cash: 6.03% Airbnb Rental Income: $1111 Traditional Rental Income: $1953 Airbnb ROI: 1.34% Traditional ROI: 6.03%
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.	$1,200,000	Airbnb cash on cash: -0.14% Traditional cash on cash: 2.7% Airbnb Rental Income: $1795 Traditional Rental Income: $4476 Airbnb ROI: -0.14% Traditional ROI: 2.7%
870 Clubhouse Drive B2 Banner Elk, NC This newly remodeled condo is nestled on hole #10 of the sought after Elk River Club Golf ...	3 beds \| 4 baths \| 2,355 sq.ft.	$1,495,000	Airbnb cash on cash: -0.68% Traditional cash on cash: 0.89% Airbnb Rental Income: $1111 Traditional Rental Income: $2919 Airbnb ROI: -0.68% Traditional ROI: 0.89%
644 Teaster Valley Lane Banner Elk, NC This 29.84-acre property located on Teaster Valley Lane in Banner Elk, NC, is listed for $...	4 beds \| 2 baths \| 1,421 sq.ft.	$3,500,000	Airbnb cash on cash: -0.67% Traditional cash on cash: -0.54% Airbnb Rental Income: $1795 Traditional Rental Income: $1730 Airbnb ROI: -0.67% Traditional ROI: -0.54%
140 Library Lane Banner Elk, NC 140 Library Lane is an iconic in-town historic estate offering nearly 3 private acres in t...	4 beds \| 3 baths \| 3,335 sq.ft.	$1,695,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 0.33% Airbnb Rental Income: $1795 Traditional Rental Income: $2383 Airbnb ROI: -0.35% Traditional ROI: 0.33%
2181 Broadstone Road Banner Elk, NC Custom Builderâs Home - Quality & Charm in Every Detail! Welcome to your dream retreat...	2 beds \| 3 baths \| 1,977 sq.ft.	$925,000	Airbnb cash on cash: -0.45% Traditional cash on cash: 1.9% Airbnb Rental Income: $948 Traditional Rental Income: $2631 Airbnb ROI: -0.45% Traditional ROI: 1.9%
56 Eagle Cottage Lane Banner Elk, NC Welcome to 56 Eagle Cottage Lane, a fly-fisher's dream retreat nestled in the premier Rive...	2 beds \| 2 baths \| 1,348 sq.ft.	$879,000	Airbnb cash on cash: -1.27% Traditional cash on cash: 0.35% Airbnb Rental Income: $948 Traditional Rental Income: $1926 Airbnb ROI: -1.27% Traditional ROI: 0.35%
555 Highland Drive Banner Elk, NC Charming Mountain Retreat with Guest Apartment & Breathtaking Views, nestled at the base o...	3 beds \| 3 baths \| 2,813 sq.ft.	$950,000	Airbnb cash on cash: -0.52% Traditional cash on cash: 1.52% Airbnb Rental Income: $1111 Traditional Rental Income: $2542 Airbnb ROI: -0.52% Traditional ROI: 1.52%
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.	$1,645,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 1.14% Airbnb Rental Income: $1795 Traditional Rental Income: $3502 Airbnb ROI: -0.3% Traditional ROI: 1.14%
617 Eagle Creek Trail Banner Elk, NC Discover an architectural masterpiece on a rare and expansive 8.8 acre parcel within the g...	4 beds \| 5 baths \| 3,977 sq.ft.	$3,950,000	Airbnb cash on cash: -1.5% Traditional cash on cash: -0.76% Airbnb Rental Income: $1795 Traditional Rental Income: $4038 Airbnb ROI: -1.5% Traditional ROI: -0.76%
White Eagle Trail Banner Elk, NC Discover unparalleled mountain living in this stunning new construction home, perfectly si...	4 beds \| 5 baths \| 3,233 sq.ft.	$2,163,000	Airbnb cash on cash: -1.51% Traditional cash on cash: -0.34% Airbnb Rental Income: $1795 Traditional Rental Income: $3656 Airbnb ROI: -1.51% Traditional ROI: -0.34%
108 Northridge Road unit: 1-B Banner Elk, NC Charming Ski Retreat: Your Perfect Mountain Getaway in Beech Mountain! Welcome to your...	1 beds \| 1 baths \| 608 sq.ft.	$186,800	Airbnb cash on cash: -2.33% Traditional cash on cash: 1.7% Airbnb Rental Income: $647 Traditional Rental Income: $1065 Airbnb ROI: -2.33% Traditional ROI: 1.7%
731 River Run Banner Elk, NC RIVER RUN AT BANNER ELK - A PRIVATE BLUE RIDGE TURN KEY RETREAT WITH FAMOUS ELK RIVER ACCE...	5 beds \| 5 baths \| 3,584 sq.ft.	$1,595,000	Airbnb cash on cash: -0.84% Traditional cash on cash: 1.12% Airbnb Rental Income: $2200 Traditional Rental Income: $4543 Airbnb ROI: -0.84% Traditional ROI: 1.12%
131 Hemlock Road Banner Elk, NC Tucked into the scenic beauty of the Blue Ridge Mountains of North Carolina, this inviting...	2 beds \| 2 baths \| 1,618 sq.ft.	$387,000	Airbnb cash on cash: -0.97% Traditional cash on cash: 3.18% Airbnb Rental Income: $948 Traditional Rental Income: $2109 Airbnb ROI: -0.97% Traditional ROI: 3.18%
560 Laurel Ridge Road Banner Elk, NC Tucked among the trees with a true treehouse feel, this charming roundhouse retreat in Mil...	2 beds \| 1 baths \| 600 sq.ft.	$349,900	Airbnb cash on cash: -0.29% Traditional cash on cash: 1.21% Airbnb Rental Income: $948 Traditional Rental Income: $1093 Airbnb ROI: -0.29% Traditional ROI: 1.21%

Real Estate investment in Banner-elk, NC

There are 21 properties for sale in the city of Banner Elk . The median list price in Banner Elk is $879,000 and the average price per square foot is $411. In April 2026, the average monthly cash on cash return in Banner Elk is 2.00%. The average monthly rental income in Banner Elk is $2,296.

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

There are 21 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 $1,111.

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.

$684,900

Airbnb cash on cash: -0.44%

Traditional cash on cash: 2.21%

Airbnb Rental Income: $1111

Traditional Rental Income: $2433

Airbnb ROI: -0.44%

Traditional ROI: 2.21%

132 Heather Lane

Banner Elk, NC

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

$630,000

Airbnb cash on cash: 1.38%

Traditional cash on cash: 3.21%

Airbnb Rental Income: $2200

Traditional Rental Income: $2718

Airbnb ROI: 1.38%

Traditional ROI: 3.21%

144 Grandfather Farms Road

Banner Elk, NC

3 beds | 2 baths | 2,003 sq.ft.

$625,000

Airbnb cash on cash: -0.26%

Traditional cash on cash: 2.64%

Airbnb Rental Income: $1111

Traditional Rental Income: $2429

Airbnb ROI: -0.26%

Traditional ROI: 2.64%

311 Penny Lane 2D

Banner Elk, NC

3 beds | 3 baths | 2,264 sq.ft.

$749,000

Airbnb cash on cash: -1.47%

Traditional cash on cash: 1.95%

Airbnb Rental Income: $1111

Traditional Rental Income: $3124

Airbnb ROI: -1.47%

Traditional ROI: 1.95%

5349 Hickory Nut Gap Road

Banner Elk, NC

2 beds | 2 baths | 1,290 sq.ft.

$374,000

Airbnb cash on cash: 0.26%

Traditional cash on cash: 3.3%

Airbnb Rental Income: $948

Traditional Rental Income: $1667

Airbnb ROI: 0.26%

Traditional ROI: 3.3%

24 Creekside Drive #A

Banner Elk, NC

1 beds | 1 baths | 509 sq.ft.

$219,000

Airbnb cash on cash: -1.04%

Traditional cash on cash: 2.27%

Airbnb Rental Income: $647

Traditional Rental Income: $1035

Airbnb ROI: -1.04%

Traditional ROI: 2.27%

25 Reuben Wooten Road

Banner Elk, NC

3 beds | 2 baths | 1,442 sq.ft.

$275,000

Airbnb cash on cash: 1.34%

Traditional cash on cash: 6.03%

Airbnb Rental Income: $1111

Traditional Rental Income: $1953

Airbnb ROI: 1.34%

Traditional ROI: 6.03%

1644 Broadstone Road

Banner Elk, NC

4 beds | 5 baths | 5,100 sq.ft.

$1,200,000

Airbnb cash on cash: -0.14%

Traditional cash on cash: 2.7%

Airbnb Rental Income: $1795

Traditional Rental Income: $4476

Airbnb ROI: -0.14%