CoolingCentral Air, Ductless, Window Unit(s), Other
FireplaceGas, Wood Burning Stove, Other - See Remarks
ViewOther, Mountain(s)
MLS #4125963
StatusAccepting Backup Offers (Active Under Contract)
About 129 Alnic Ln
Don't miss this captivating 5-cabin property on 9 acres, including 6 buildable acres on the ridge, centrally located between Boone and Banner Elk. The property boasted strong rental income in 2022 & 2023— and its new, boutique rental program offers passive ownership with a high-ROI venture from day one and room to grow! One studio cabin, one 1BD/1BA cabin, two 2BD/1BA cabins, and a deluxe 2BD/2BA cabin—all within a 1/2 mile to the iconic Mast General Store Annex & Valle Crucis Park. Lighted pathways will guide your guests to the neighboring inn for delightful evenings of fine dining and live music. Flexible and spacious for family reunions, corporate retreats, event stays, or individual vacation rentals. Current 6 BR septic and well permits for the undeveloped ridge. Utilize the roughed-in drive and available build sites for your dream residence or explore further revenue growth with additional cabin builds, added amenities, or event space. Come see this fantastic property today!
Property Details
Property Features
Property Information:
Year Built: 2000
Living Area: 1,208 SqFt
Listing Office:
Office Name: Keller Williams High Country
Interior Features
Interior Information:
Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Range, Microwave, Refrigerator, Washer
Basement: No
Flooring Type: Carpet, Vinyl, Wood
Interior: Vaulted Ceiling(s)
Fireplace: Gas, Wood Burning Stove, Other - See Remarks
Bedroom and Bathroom Information:
Full Bathrooms: 6
Total Bedroom Count: 8
Exterior Features
Exterior Information:
View: Other, Mountain(s)
Exterior: Fence, Fire Pit, Outdoor Shower, Other - See Remarks
Cooling: Central Air, Ductless, Window Unit(s), Other
School Info
Assigned Schools Information:
Watauga High School, Public District Grades 9-12
Valle Crucis Elementary School, Public District Grades PK-8
Other
Directions Information:
Directions: From Boone or Banner Elk, take Hwy 105 to Broadstone Rd. Follow Broadstone Rd 2.5 miles to left onto Maple Spring Rd and then take an immediate left onto Alnic Lane. No Drive-Bys Please.
Price Information
Listing Price Info
Price Summary:
List Price: $2,750,000
Price Per SqFt: $2,276/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Banner Elk, NC.
This property is $2.4M more than the Median Sold Price and $1.9K/SqFt more than other homes in Banner Elk, NC.
Based on homes sold in March 2024
MLS Details
MLS Information:
MLS Number: #4125963
Listing Office:
Office Name: Keller Williams High Country
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
7
/10
Valle Crucis Elementary School
2998 Broadstone Rd
Distance between this listing and this school4.39 miles
Public District Grades PK-8
High School
7
/10
Watauga High School
300 Go Pioneers Dr
Distance between this listing and this school8.93 miles
Public District Grades 9-12
Nearby Schools
8
/10
Banner Elk Elementary School
155 Orchard Ln
Distance between this listing and this school4.23 miles
Public District Grades PK-5
7
/10
Newland Elementary School
750 Linville St
Distance between this listing and this school8.91 miles
Public District Grades PK-5
9
/10
Freedom Trail Elementary School
6110 N Us Highway 19e
Distance between this listing and this school10.05 miles
Public District Grades PK-5
Assigned Schools
7
/10
Valle Crucis Elementary School
2998 Broadstone Rd
Distance between this listing and this school4.39 miles
Public District Grades PK-8
Nearby Schools
8
/10
Blowing Rock Elementary School
165 Morris St
Distance between this listing and this school6.02 miles
Public District Grades PK-8
7
/10
Cove Creek Elementary School
930 Vanderpool Rd
Distance between this listing and this school8.15 miles
Public District Grades PK-8
Assigned Schools
7
/10
Watauga High School
300 Go Pioneers Dr
Distance between this listing and this school8.93 miles
Public District Grades 9-12
Nearby Schools
5
/10
Avery County High School
401 High School Rd
Distance between this listing and this school9.32 miles
Public District Grades 9-12
9
/10
Avery High STEM Academy
401 High School Rd
Distance between this listing and this school9.32 miles
The neighbors living near this home have an average income of $37,440. Residents of Banner Elk, NC typically earn less than $35k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 129 Alnic Ln
What is the listing price of this property?
The listing price of 129 Alnic Ln property is $2,750,000.
What type of property is this?
The property 129 Alnic Ln is a house located in Banner Elk, North Carolina, 28604.
Is this property for sale now?
Accepting Backup Offers: 129 Alnic Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What are the assigned schools for this property?
The assigned schools for 129 Alnic Ln are: Valle Crucis Elementary School: GreatSchools Rating 7/10Watauga High School: GreatSchools Rating 7/10
How many bedrooms and bathrooms does this property have?
The property at 129 Alnic Ln has 8 bedrooms and 6 bathrooms.
What is the square footage of this property?
The property 129 Alnic Ln is 1,208 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 129 Alnic Ln is 2000.
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This home is located at 129 Alnic Ln in Banner Elk, NC and zip code 28604. This 1,208 square foot home was built in 2000. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $2,750,000.
While more than 1 listings in Banner Elk, NC in March 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 2 were sold below. The number of homes for sale in Banner Elk, NC increased by 7.1% between February 2024 and March 2024. While the average time on the market in March 2024 was 113 days, the median list price was $287,650.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. 
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