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Back 132 Heather Ln
Off Market

132 Heather Ln

Banner Elk NC 28604

5
4
2336 sq. ft.
0.95 ac.
Single-Family
Last sold for $600,000
George PociskGeorge Pocisk, last sold this property on 07 May 2026 after 55 days on market.

Overview

Located approx a mile from the Town of Banner Elk, this charming mountain cottage sits in the highly sought-after Highlands community and offers proven income-producing potential as a high-performing short-term rental for the past three years. This fully furnished 5-bedroom, 3.5-bath Cape Cod-style home rests on nearly one acre (.95) and features a spacious open floor plan designed for comfort and entertaining. The main level includes a fully equipped kitchen, large dining area accommodating all guests at one table, and a bright living room filled with windows. A main-level bedroom with attached full bath and double closets provides convenient single-level living. Two decks on the main floor—one off the dining area and one off the living room—extend the living space outdoors. Upstairs features two bedrooms, including the primary suite with full bath, closet, and dormer seating with built-in storage. An additional bedroom offers a half bath, closet, and dormer bench/storage. The finished walkout basement adds two more bedrooms, a full bath, stackable laundry, and a converted one-car garage now serving as a game room with arcade games and movie space. Two separate basement entrances provide excellent functionality. The hot tub conveys and remains a favorite amenity for guests. This home appraised $10,000 above list price and generated $72,000 in rental income in 2024 despite significant fourth-quarter cancellations due to Hurricane Helene, projecting revenue potential near $100,000 annually. 2025 performance has remained strong, even with substantial owner use during peak summer months. P&L's are included in the attachments. Ideal as a turnkey investment property, second home, or full-time mountain retreat—minutes to dining, shopping, skiing, and year-round recreation.

Features

5 bedrooms
4 bathrooms
2336 sq. ft. floor area
0.95 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Banner Elk over the last 12 months, the estimated median property value of 132 Heather Ln is $1.03m.

Median value
$1.03m
Estimated value range
$480k - $2.8m
Median days on market
81
Estimated value trend
36%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Banner Elk. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 132 Heather Ln

2026
Sold
$600,000
07 May 2026 by George Pocisk
2022
Sold
$458,000
27 Jun 2022 by Melissa Condrey
2020
Sold
$250,000
05 Feb 2020 by Nate Wright, of Hyatt In The High Country, Inc.

Happy sellers in Banner Elk

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We have insufficient information to provide an overview of customer satisfaction for Banner Elk. Viewing the agent profiles, reviews and sales for Banner Elk can provide insights for this location.

Local market activity for 5 bedroom single-family properties in Banner Elk

In the last 12 months, 18 five-bedroom single-family properties similar to 132 Heather Ln, have been sold.

This represents a 10% increase in five-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Banner Elk

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Theresa Gatewood

Sellers who recommend Theresa Gatewood have praised them for being local expert, clear communication, responsive, well-prepared, friendly, detail-oriented, and strategic

  •   5   (100 reviews)
  •  7 Reviews in Banner Elk
  •  8 Sales in Banner Elk
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Jon Gatewood

Sellers who recommend Jon Gatewood have praised them for being local expert, clear communication, responsive, detail-oriented, great negotiation, attentive, and supportive

  •   5   (80 reviews)
  •  6 Reviews in Banner Elk
  •  9 Sales in Banner Elk
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Lyn Hunter

Sellers who recommend Lyn Hunter have praised them for being local expert, responsive, clear communication, patient, supportive, hard-working, and dedicated

  •   5   (75 reviews)
  •  3 Reviews in Banner Elk
  •  4 Sales in Banner Elk
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Traci Artus

Sellers who recommend Traci Artus have praised them for being local expert, responsive, clear communication, dedicated, detail-oriented, reliable, and hard-working

  •   5   (59 reviews)
  •  3 Reviews in Banner Elk
  •  3 Sales in Banner Elk
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