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40 Painter Road, Banner Elk, NC 28604

Local realty services provided by:CENTURY 21 Heritage Realty
40 Painter Road,Banner Elk, NC 28604
$272,500
  • 2 Beds
  • 1 Baths
  • 491 sq. ft.
  • Single family
  • Active
Listed by: michelle griffin
Office: high country resort properties
MLS#:253593
Source:NC_HCAR

Price summary

  • Price:$272,500
  • Price per sq. ft.:$554.99

About this home

Historic Farmhouse in Banner Elk with Strong Short Term Rental Performance This early 1900s farmhouse offers far more usable space than the 491 sq ft listed on paper. Due to ceiling heights under 7 feet, only a portion is counted, yet the home provides over 1,500 sq ft of functional living space. From practical bedrooms to flexible gathering areas, the layout delivers comfort, efficiency, and plenty of room to accommodate guests. Located just minutes from Banner Elk town center, the property blends historic character with modern-day appeal. Guests consistently rave about the central location, with Banner Elk Winery only 1 mile away and two ski slopes within 5 miles. It’s been well maintained, retains its original charm, and offers a unique setting that continues to attract travelers looking for something memorable and authentic. For investors, the numbers speak for themselves. This home is already established on Airbnb and VRBO, generating more than $23,000 in 2025 to date. It holds

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Home facts

  • Year built:1909
  • Listing ID #:253593
  • Added:359 day(s) ago
  • Updated:January 27, 2026 at 04:48 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:491 sq. ft.

Heating and cooling

  • Heating:Baseboard, Ductless, Electric

Structure and exterior

  • Roof:Metal
  • Year built:1909
  • Building area:491 sq. ft.
  • Lot area:0.95 Acres

Schools

  • High school:Avery County
  • Elementary school:Banner Elk

Utilities

  • Water:Private

Finances and disclosures

  • Price:$272,500
  • Price per sq. ft.:$554.99
  • Tax amount:$447

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