Historic House Listings

TWO houses in Banner Elk, NC in the mountains! $80,000 in revenue a year! Being sold furnished. $587,500

December 11, 2021

Banner Elk is such a great area in the North Carolina. These two houses are very successful Airbnb’s, bringing in $80,000 a year in revenue. The log home was built in 1888, but locals say it was 1848. They are located on 1.09 acres in Banner Elk, North Carolina. The home features original hardwood floors, log walls, wood ceilings with exposed beams and the home is being sold furnished. There is a screened in back porch with swing. The second home on the property is cute! There is a fire pit area in the back. The homes are rented out for larger groups and also individually. Two bedrooms, two bathrooms and 1,148 square feet. $587,500

Contact Cynthia Carlson with Allen Tate Real Estate

From the Zillow listing:

 

This home is a true marvel of history, frozen in time, lovingly maintained, and located in a very convenient area of Watauga County. There is something magical about this place, a comforting desire that draws you in and makes you feel at home. Built around 1888 (or 1848 according to some stories), this log home sits on about one acre of flat land and has been expanded upon since it was originally built. These additions complement the original simple log home floor plan. Think of what this home has seen in the past 133+ years! The main home has two bedrooms and one and one-half baths with an updated kitchen and bathrooms. There is even a washer and dryer upstairs, something that definitely was not there when it was originally built! The additional guest cottage on the property is a true gem and has been extensively updated. Step out either back door, have a seat by around the campfire and enjoy the sound of the nearby river and ponds. Both are powerhouse vacation rentals, grossing around $80,000/year. The sellers rent the homes together for larger groups, and separately as well. Sold furnished with a few personal exceptions. No drive-by’s, homes are usually rented.

 

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