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

Q: How many investment properties are available for sale in Banner-elk?

There are 407 investment properties available for sale in Banner-elk

Q: Which neighborhoods in Banner-elk to invest in 2026?

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

Q: Long-Term vs. Short-Term Rentals in Banner-elk,NC: Which will earn the best returns?

The ROI for Long-Term is higher than the Short-Term in Banner-elk with average rental income of $888

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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.	$619,900	Airbnb cash on cash: 0.09% Traditional cash on cash: 2.76% Airbnb Rental Income: $1444 Traditional Rental Income: $2557 Airbnb ROI: 0.09% Traditional ROI: 2.76%
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: -0.24% Traditional cash on cash: 0.57% Airbnb Rental Income: $1320 Traditional Rental Income: $1151 Airbnb ROI: -0.24% Traditional ROI: 0.57%
230 Hawks Bill Dr Banner Elk, NC Beautiful cabin with amazing views of Grandfather Mountain. Great investment property with...	3 beds \| 3 baths \| 2,318 sq.ft.	$675,000	Airbnb cash on cash: -0.47% Traditional cash on cash: 1.08% Airbnb Rental Income: $1444 Traditional Rental Income: $1992 Airbnb ROI: -0.47% Traditional ROI: 1.08%
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: -0.06% Traditional cash on cash: 0.57% Airbnb Rental Income: $1320 Traditional Rental Income: $1207 Airbnb ROI: -0.06% Traditional ROI: 0.57%
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.	$330,000	Airbnb cash on cash: 0.88% Traditional cash on cash: 1.8% Airbnb Rental Income: $1320 Traditional Rental Income: $1199 Airbnb ROI: 0.88% Traditional ROI: 1.8%
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: 3.89% Traditional cash on cash: 3.48% Airbnb Rental Income: $3965 Traditional Rental Income: $2878 Airbnb ROI: 3.89% Traditional ROI: 3.48%
1122 Summit Park Dr Banner Elk, NC 1122 Summit Park Dr, Banner Elk, NC 28604 is a single family home built in 1993. <br&gt...	4 beds \| 4 baths \| 5,009 sq.ft.	$3,950,000	Airbnb cash on cash: -1.52% Traditional cash on cash: -1.28% Airbnb Rental Income: $2443 Traditional Rental Income: $2743 Airbnb ROI: -1.52% Traditional ROI: -1.28%
462 Penny Ln #1B Banner Elk, NC THE VISTAS AT BANNER ELK. 2 Bedroom 2 Bath high quality luxury condo with GRANDFATHER AND ...	2 beds \| 2 baths \| 1,583 sq.ft.	$585,000	Airbnb cash on cash: -1.05% Traditional cash on cash: 1.45% Airbnb Rental Income: $1320 Traditional Rental Income: $2274 Airbnb ROI: -1.05% Traditional ROI: 1.45%
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: -0.5% Traditional cash on cash: 0.93% Airbnb Rental Income: $1444 Traditional Rental Income: $1890 Airbnb ROI: -0.5% Traditional ROI: 0.93%
747 Whitetail Trl #2 Banner Elk, NC Rare opportunity! Finding a three-bedroom mountain townhome with long-range views and a ga...	3 beds \| 2 baths \| 1,739 sq.ft.	$599,000	Airbnb cash on cash: -1.29% Traditional cash on cash: -0.17% Airbnb Rental Income: $1444 Traditional Rental Income: $1641 Airbnb ROI: -1.29% Traditional ROI: -0.17%
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.	$1,100,000	Airbnb cash on cash: -0.93% Traditional cash on cash: -0.14% Airbnb Rental Income: $1444 Traditional Rental Income: $1826 Airbnb ROI: -0.93% Traditional ROI: -0.14%
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: -0.89% Traditional cash on cash: 0.49% Airbnb Rental Income: $1320 Traditional Rental Income: $1527 Airbnb ROI: -0.89% 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.	$849,500	Airbnb cash on cash: -0.85% Traditional cash on cash: 0.67% Airbnb Rental Income: $1444 Traditional Rental Income: $2215 Airbnb ROI: -0.85% Traditional ROI: 0.67%
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: -1.63% Traditional cash on cash: -0.08% Airbnb Rental Income: $1320 Traditional Rental Income: $2908 Airbnb ROI: -1.63% 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 \| 1,400 sq.ft.	$1,110,000	Airbnb cash on cash: -0.94% Traditional cash on cash: 0.05% Airbnb Rental Income: $1320 Traditional Rental Income: $1927 Airbnb ROI: -0.94% Traditional ROI: 0.05%
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: -1.36% Traditional cash on cash: -1.16% Airbnb Rental Income: $2443 Traditional Rental Income: $2344 Airbnb ROI: -1.36% 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: -1.18% Traditional cash on cash: 0.18% Airbnb Rental Income: $1085 Traditional Rental Income: $1605 Airbnb ROI: -1.18% 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: 0.76% Traditional cash on cash: 2.89% Airbnb Rental Income: $1085 Traditional Rental Income: $1150 Airbnb ROI: 0.76% Traditional ROI: 2.89%
549 Clubhouse Dr Banner Elk, NC Welcome to 549 Clubhouse Drive, a beautifully renovated mountain retreat tucked inside the...	3 beds \| 3 baths \| 2,826 sq.ft.	$699,900	Airbnb cash on cash: -0.06% Traditional cash on cash: 1.44% Airbnb Rental Income: $1444 Traditional Rental Income: $1991 Airbnb ROI: -0.06% Traditional ROI: 1.44%
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.	$419,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 2.63% Airbnb Rental Income: $1320 Traditional Rental Income: $1593 Airbnb ROI: 0.9% Traditional ROI: 2.63%
1644 Broadstone Rd Banner Elk, NC RESIDENTIAL OR COMMERCIAL OPPORTUNITIES! Discover the epitome of mountain luxury at Broads...	4 beds \| 4 baths \| 5,109 sq.ft.	$995,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 3.56% Airbnb Rental Income: $2443 Traditional Rental Income: $4569 Airbnb ROI: 0.62% 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: -0.6% Traditional cash on cash: 0.15% Airbnb Rental Income: $2443 Traditional Rental Income: $3918 Airbnb ROI: -0.6% 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: -0.42% Traditional cash on cash: 2.22% Airbnb Rental Income: $1444 Traditional Rental Income: $4180 Airbnb ROI: -0.42% 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.	$699,950	Airbnb cash on cash: -0.58% Traditional cash on cash: 0.73% Airbnb Rental Income: $1320 Traditional Rental Income: $1770 Airbnb ROI: -0.58% Traditional ROI: 0.73%
20 Cabin Ridge Ln Banner Elk, NC Updated turn key Banner Elk log cabin! 20 Cabin Ridge has been updated throughout includi...	3 beds \| 2 baths \| 1,306 sq.ft.	$549,999	Airbnb cash on cash: -0.04% Traditional cash on cash: 1.28% Airbnb Rental Income: $1444 Traditional Rental Income: $1691 Airbnb ROI: -0.04% Traditional ROI: 1.28%
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: -1.04% Traditional cash on cash: 0.07% Airbnb Rental Income: $1444 Traditional Rental Income: $2303 Airbnb ROI: -1.04% Traditional ROI: 0.07%
762 George Eggers Rd Banner Elk, NC Enjoy views of rolling meadows, pasture land, neighboring ponds and Grandfather Mountain f...	2 beds \| 2 baths \| 1,632 sq.ft.	$549,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 2.81% Airbnb Rental Income: $1320 Traditional Rental Income: $2205 Airbnb ROI: 0.28% 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: 0.21% Traditional cash on cash: 1.07% Airbnb Rental Income: $2443 Traditional Rental Income: $2872 Airbnb ROI: 0.21% 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: 0.05% Traditional cash on cash: 0.58% Airbnb Rental Income: $2443 Traditional Rental Income: $2622 Airbnb ROI: 0.05% 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.	$899,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 2.08% Airbnb Rental Income: $1320 Traditional Rental Income: $2707 Airbnb ROI: -0.07% Traditional ROI: 2.08%
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: -0.3% Traditional cash on cash: -0.04% Airbnb Rental Income: $3965 Traditional Rental Income: $4017 Airbnb ROI: -0.3% 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.	$950,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 1.7% Airbnb Rental Income: $1444 Traditional Rental Income: $2702 Airbnb ROI: -0.21% Traditional ROI: 1.7%
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: 0.12% Traditional cash on cash: 1.51% Airbnb Rental Income: $2443 Traditional Rental Income: $3842 Airbnb ROI: 0.12% Traditional ROI: 1.51%
487 Klonteska Dr Banner Elk, NC Located just minutes from Downtown Banner Elk, this exceptional custom log home offers a r...	4 beds \| 3 baths \| 3,367 sq.ft.	$1,495,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 0.36% Airbnb Rental Income: $2443 Traditional Rental Income: $3135 Airbnb ROI: -0.57% Traditional ROI: 0.36%
123 High Country Overlook Banner Elk, NC 123 High Country Overlook, Deep Gap, NC 28604 \| Single Family Residential	3 beds \| 3 baths \| 1,677 sq.ft.	$1,075,000	Airbnb cash on cash: -1.47% Traditional cash on cash: -0.33% Airbnb Rental Income: $1444 Traditional Rental Income: $2157 Airbnb ROI: -1.47% Traditional ROI: -0.33%
C-125 Springwater Ln Banner Elk, NC C-125 Springwater Ln, Boone, NC 28604 \| Other	N/A beds \| N/A baths \| N/A	$249,000	Airbnb cash on cash: -1.18% Traditional cash on cash: 0.84% Airbnb Rental Income: $859 Traditional Rental Income: $1003 Airbnb ROI: -1.18% Traditional ROI: 0.84%
131 Eagle Roost Banner Elk, NC 131 Eagle Roost, Boone, NC 28604 \| Other	N/A beds \| N/A baths \| N/A	$324,000	Airbnb cash on cash: -1.33% Traditional cash on cash: 0.23% Airbnb Rental Income: $859 Traditional Rental Income: $1003 Airbnb ROI: -1.33% Traditional ROI: 0.23%
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: -1.53% Traditional cash on cash: -1.19% Airbnb Rental Income: $3965 Traditional Rental Income: $5917 Airbnb ROI: -1.53% Traditional ROI: -1.19%
11 Cabin Cove Ln Banner Elk, NC 11 Cabin Cove Ln, Banner Elk, NC 28604 \| Single Family Residential	3 beds \| 2 baths \| 1,904 sq.ft.	$599,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 1.08% Airbnb Rental Income: $1444 Traditional Rental Income: $1725 Airbnb ROI: -0.19% Traditional ROI: 1.08%
774 Aldridge Rd Banner Elk, NC 774 Aldridge Rd, Banner Elk, NC 28604 \| Single Family Residential	7 beds \| 6 baths \| 6,628 sq.ft.	$3,850,000	Airbnb cash on cash: -0.99% Traditional cash on cash: -0.35% Airbnb Rental Income: $3965 Traditional Rental Income: $5391 Airbnb ROI: -0.99% Traditional ROI: -0.35%

Real Estate investment in Banner-elk, NC

There are 407 properties for sale in the city of Banner Elk . The median list price in Banner Elk is $715,072 and the average price per square foot is $326. In August 2026, the average monthly cash on cash return in Banner Elk is N/A%. The average monthly rental income in Banner Elk is $888.

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

There are 407 investment properties available for sale in Banner-elk.

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

The ROI for Long-Term is higher than the Short-Term in Banner-elk with average rental income of $888.

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.

$619,900

Airbnb cash on cash: 0.09%

Traditional cash on cash: 2.76%

Airbnb Rental Income: $1444

Traditional Rental Income: $2557

Airbnb ROI: 0.09%

Traditional ROI: 2.76%

101 Courtside Ln #A2

Banner Elk, NC

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

$313,900

Airbnb cash on cash: -0.24%

Traditional cash on cash: 0.57%

Airbnb Rental Income: $1320

Traditional Rental Income: $1151

Airbnb ROI: -0.24%

Traditional ROI: 0.57%

230 Hawks Bill Dr

Banner Elk, NC

3 beds | 3 baths | 2,318 sq.ft.

$675,000

Airbnb cash on cash: -0.47%

Traditional cash on cash: 1.08%

Airbnb Rental Income: $1444

Traditional Rental Income: $1992

Airbnb ROI: -0.47%

Traditional ROI: 1.08%

1193 Oliver Hill Rd

Banner Elk, NC

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

$494,500

Airbnb cash on cash: -0.06%

Traditional cash on cash: 0.57%

Airbnb Rental Income: $1320

Traditional Rental Income: $1207

Airbnb ROI: -0.06%

Traditional ROI: 0.57%

141 Snowflake Rd

Banner Elk, NC

2 beds | 1 baths | 600 sq.ft.

$330,000

Airbnb cash on cash: 0.88%

Traditional cash on cash: 1.8%

Airbnb Rental Income: $1320

Traditional Rental Income: $1199

Airbnb ROI: 0.88%

Traditional ROI: 1.8%

132 Heather Lane

Banner Elk, NC

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

$630,000

Airbnb cash on cash: 3.89%

Traditional cash on cash: 3.48%

Airbnb Rental Income: $3965

Traditional Rental Income: $2878

Airbnb ROI: 3.89%

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: -1.52%

Traditional cash on cash: -1.28%

Airbnb Rental Income: $2443

Traditional Rental Income: $2743

Airbnb ROI: -1.52%

Traditional ROI: -1.28%

462 Penny Ln #1B

Banner Elk, NC

2 beds | 2 baths | 1,583 sq.ft.

$585,000

Airbnb cash on cash: -1.05%

Traditional cash on cash: 1.45%

Airbnb Rental Income: $1320

Traditional Rental Income: $2274

Airbnb ROI: -1.05%