321 Grays Shadow LN, Banner Elk, NC 28604
See all 48 photos
321 Grays Shadow LN, Banner Elk, NC 28604
321 Grays Shadow LN, Banner Elk, NC 28604
321 Grays Shadow LN, Banner Elk, NC 28604
321 Grays Shadow LN, Banner Elk, NC 28604
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 999,999
Est. payment /mo
Save
Active

321 Grays Shadow LN Banner Elk, NC 28604

3 Beds

3 Baths

2,215 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,215 sqft

Price per Sqft $451

MLS Listing ID 4402280

Style Cabin

Bedrooms 3

Full Baths 2

Half Baths 1

Abv Grd Liv Area 2,215

Year Built 2002

Lot Size 7.330 Acres

Acres 7.33

Property Sub-Type Single Family Residence

Property Description

RARE 7.33-ACRE FOSCOE RETREAT consisting of two parcels and adjoining Grandfather Mountain State Park land. Recent $10,000+ driveway improvements enhance access to this unrestricted property offering an existing furnished log cabin, creek, seasonal mountain views, and potential additional building sites. With no HOA or deed restrictions and short-term rentals permitted, the possibilities range from a private mountain estate to a family compound, guest cabins, or investment property.

The centerpiece of the property is a furnished 3-bedroom, 2.5-bath log cabin offering more than 2,200 square feet of living space with a desirable open floor plan and convenient one-level living. The main living area features vaulted ceilings, warm wood accents, abundant windows for natural light, and a gas fireplace that creates a comfortable mountain atmosphere. The main level also includes a generously sized living room, dining area, pantry, laundry room, guest half bath, and spacious primary suite with en-suite bathroom and walk-in closet.

A large 550+ square foot deck is accessible from both the main living area and primary bedroom, providing excellent outdoor living space surrounded by the property's natural mountain setting. Wiring is already in place for a hot tub. Upstairs are two additional bedrooms, a full bathroom, and a large loft area offering flexible space for guests, an office, game room, or second living area.

A basement garage/workshop offers valuable space for vehicles, outdoor equipment, hobbies, or recreational gear. Outdoor living areas provide opportunities to relax and take in the surrounding woods, seasonal mountain scenery, and natural beauty of the property.

The land is an especially distinctive part of this offering, with a mix of flat and gently sloping terrain, mature woods, beautiful rock outcroppings, a mountain creek, and potential additional building sites. Seasonal mountain views may be enhanced with selective tree work. The property's two-parcel configuration provides additional flexibility for future use or expansion, subject to applicable approvals.

Located approximately midway between Boone and Banner Elk, this Foscoe property offers convenient access to many of the High Country's most popular destinations, including Grandfather Mountain, the Blue Ridge Parkway, Valle Crucis, skiing, hiking, dining, shopping, vineyards, and year-round recreation.

With light Foscoe-Grandfather zoning, no HOA, no deed restrictions, and both short- and long-term rentals permitted, this property offers unusual flexibility for personal use, investment, or future buildout. Whether you are searching for acreage, privacy, unrestricted mountain property, development flexibility, or a furnished cabin with room to grow, 321 Grays Shadow Lane offers a rare opportunity to own a substantial piece of the High Country in an exceptional location.

Location

State NC

County Watauga

Zoning Res

Rooms

Primary Bedroom Level Main

Main Level Bedrooms 1

Main Level Primary Bedroom

Main Level Kitchen

Main Level Living Room

Main Level Dining Room

Main Level Bathroom-Half

Main Level Bathroom-Full

Main Level Laundry

Upper Level Bedroom(s)

Upper Level Bedroom(s)

Upper Level Bathroom-Full

Upper Level Loft

Interior

Heating Heat Pump

Cooling Central Air, Heat Pump

Fireplaces Type Family Room, Gas Log, Gas Unvented

Fireplace true

Appliance Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer, Washer/Dryer

Laundry Main Level

Exterior

Utilities Available Cable Available, Fiber Optics

View Mountain(s), Winter

Roof Type Architectural Shingle

Street Surface Gravel

Porch Deck

Garage false

Building

Lot Description Adjoins Forest, Hilly, Level, Sloped, Creek/Stream, Views, Wooded

Dwelling Type Site Built

Foundation Basement, Other - See Remarks

Sewer Septic Installed

Water Well, Other - See Remarks

Architectural Style Cabin

Level or Stories One and One Half

Structure Type Log,Wood

New Construction false

Schools

Elementary Schools Valle Crucis

Middle Schools Valle Crucis

High Schools Watauga

Others

Senior Community false

Restrictions Other - See Remarks

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None


Listed by Nate Wright • Wright Brokers with Hyatt in the High Country • nate@wrightbrokers.com

Nearby Locations

GET MORE INFORMATION

Name

Name

Phone*

Phone

Message

Message
Shatina Allison

+1(980) 418-8332

shatina.allison@exprealty.com

Go tour this home

321 Grays Shadow LN