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165 Leighway Lane, Banner Elk, NC 28604

$1,450,000
  • 165 Leighway Lane, Banner Elk, NC 28604 Main Photo

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Active Price Reduced by $150,000 on August 7th, 2026
BEDS3 BATHS3 full SQUARE FEET4,398 MLS#4409555
STATUSActive PROPERTY TYPEResidential - Single Family

Property Description

Now priced below appraised value! Tucked away at the end of a tree-lined lane in the beautiful community of Valle Crucis, this thoughtfully updated mountain modern farmhouse offers the perfect blend of privacy, comfort, and timeless mountain living. Take in colorful sunset mountain views, unwind beside the trickling stream, and enjoy the gently rolling, partially fenced yard, well suited for lawn games, evening strolls, winter sledding, or simply watching deer, fox, and wild turkey wander by from the covered front porch. Inside, the beautifully renovated interior is equally inviting. The updated kitchen and three fully renovated bathrooms pair effortlessly with warm gathering spaces that include two family rooms, each with a gas fireplace, a spacious rec room, and four separate sleeping areas. Whether you're preparing a quiet breakfast or hosting friends and family for the holidays, the home's open, welcoming layout is designed for both everyday living and entertaining. With comfortable accommodations for at least eight guests, and the potential to sleep 12 or more with the addition of built-in bunks in the large upper-level bedroom, this property offers exceptional flexibility as a full-time residence, mountain retreat, or income-producing vacation rental. Perfectly situated just 1.5 miles from the iconic Mast General Store and the picturesque Valle Crucis Community Park, and only half a mile from Watauga River access, you'll enjoy easy access to some of the High Country's most cherished destinations while still feeling worlds away. Recent improvements include fresh exterior paint and a new roof on both the home and workshop, completed in June 2026, three fully renovated bathrooms, an updated kitchen, and numerous additional upgrades. Please see the attached documents for a complete list of renovations and improvements. Whether you're searching for a place to put down roots, a peaceful mountain escape, or a property with excellent investment potential, this home offers the rare combination of natural beauty, thoughtful updates, and an unbeatable Valle Crucis location. Come experience the quiet charm, breathtaking sunsets, and mountain lifestyle that make this property so special. List of items that convey available upon request.Seller is licensed NC Realtor.**Home cannot be seen from the main road. Please feel free to drive down Leighway Ln. to take a look. There's plenty of room to turn around.

165 Leighway Lane | MLS# 4409555

This single family home located at 165 Leighway Lane, Banner Elk, NC 28604 is currently listed for sale with an asking price of $1,450,000. This property was built in 2004 and has 3 bedrooms and 3 full baths with 4398 sq. ft. Search Banner Elk real estate on www.lakenormanrealty.com today.

Property Features

Property Type: Residential - Single Family
Fenced: Yes
Garage: 2 car attached
Heating: Forced Air, Heat Pump, Propane
Home Style: Farmhouse, Traditional
Lot Size: 4.00 Acres
Roof Type: Architectural Shingle
Year Built: 2004

Feature Descriptions

Appliances: Convection Oven, Dishwasher, Disposal, Double Oven, Dryer, Electric Oven, Electric Range, Filtration System, Gas Water Heater, Refrigerator with Ice Maker, Self Cleaning Oven, Tankless Water Heater, Washer, Washer/Dryer
Days on Site: 12
Exterior: Wood
Fireplace: Family Room, Gas, Gas Log, Gas Unvented, Living Room
Flooring: Tile, Wood
Foundation: Crawl Space
Laundry: Inside, Laundry Room, Main Level, Sink
Lot: Creek Front, Green Area, Level, Private, Rolling Slope, Creek/Stream, Wooded, Views
Other Equipment: Fuel Tank - Leased
Other Structures: Workshop
Parcel#: 1980-66-2608-000
Parking: Driveway, Attached Garage, Detached Garage, Garage Door Opener, Garage Faces Side, Garage Shop
Patio/Porch: Covered, Front Porch, Patio
Sewer: Septic Installed
Special View Info: Mountain(s), Year Round
Utilities: Electricity Connected, Fiber Optics, Propane, Satellite Internet Available, Underground Power Lines, Underground Utilities
Water: Well

Local Schools

High School: Watauga
Middle School: Valle Crucis
Elementary School: Valle Crucis

Listed By / Shown By

Listed By

Agency Name: Keller Williams High Country
Agency Contact: 828-266-5525

Shown By

Agency Title: Lake Norman Realty
Agency Phone: 704-450-1175

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Estimated Payment

$ 8,140.43 per month $7,717.51 Principal & Interest $0.00 Property Tax (data not provided by mls) $422.92 Homeowner's Insurance

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