321 Grays Shadow Ln, Banner Elk, NC

Name: 321 Grays Shadow Ln, For Sale in Banner Elk - eXp Realty
Brand: Wright Brokers with Hyatt in the High Country
SKU: 263081
Price: 1100000 USD

House

For Sale

Listed price in listed location currency (USD).

$1,100,000

332

MLS® 263081

Key Facts
Description
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 2215 sqft

Garage Yes

Taxes $1,717

Days Active 1

Lot Size 7.33 Acres

Approx. Age 2002

Avg. Price Per Sqft $496

MLS® Number 263081

Property Address: 321 Grays Shadow Ln, Banner Elk, NC, 28604-6949

Average square foot calculated using Size range provided by listing agent.

Description

Unique Foscoe log cabin opportunity on 7.33 acres backing up to Grandfather Mountain State Park land. Ideally located between Boone and Banner Elk, this 3 bedroom, 2.5 bathroom cabin offers over 2, 200 square feet of living space, an oversized 2-car garage, seasonal mountain views, and room to enjoy, expand, or create a true High Country retreat. With no HOA, no deed restrictions, light Foscoe-Grandfather zoning, and short- and long-term rentals permitted, this property offers excellent flexibility for personal use, investment, or future buildout. The cabin features a desirable open floor plan with one-level living, vaulted ceilings, warm wood accents, abundant windows for natural light, and a gas fireplace in the main living area. The main level 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 accessed from both the main living area and primary bedroom, creating a great outdoor living space with wiring already in place for a hot tub. Upstairs offers two additional bedrooms, a full bathroom, and a large loft area, providing excellent space for guests, office use, or a second living area. The land is a special part of this offering, with a mix of flat and sloping terrain, a natural wooded setting, beautiful rock outcroppings, a creek, and additional potential building sites. Seasonal mountain views may be enhanced with selective tree work. The oversized basement garage offers room for two vehicles stacked, storage, workshop space, or mountain toys. Whether you envision a generational homeplace, guest cabins, rental opportunities, or simply keeping the acreage natural and private, this property provides a rare combination of acreage, location, flexibility, and proximity to Grandfather Mountain State Park. Minutes from grocery, restaurants, parks, Grandfather Vineyard, and more, with Boone and Banner Elk approximately 15 minutes away.

MLS® Number263081

Laundry LevelMain

Central VacNo

FireplaceYes

Acreage

Exterior

GarageYes

Approx. Age2002

BasementOther, See Remarks, Unfinished

DrivewayBasement, Driveway, Garage, Two Car Garage, Gravel, Other, Private, Shared Driveway, See Remarks

Garage Spaces

HeatElectric, Fireplaces, Heat Pump

A/CHeat Pump

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jul 7, 2026List Date

$1,100,000List Price

Commute

Commute

Starting Address

Destination Address

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