Back 473 Double Knob Rd
Off Market

473 Double Knob Rd

Banner Elk NC 28604

3
3
1
1960 sq. ft.
6.47 ac.
Single-Family
Last sold for $699,500
Chad GryderChad Gryder, last sold this property on 25 September 2026 after 21 days on market.

Overview

Privacy, acreage and convenience—this Banner Elk log cabin offers a combination that is increasingly hard to find. Tucked away on 6.47 wooded acres, the property feels like a true mountain retreat, surrounded by woods and nature, yet downtown Banner Elk is only about 10 minutes away. The generous acreage is one of the property's greatest assets, providing exceptional privacy while giving you control over maintaining or enhancing the long-range mountain views. River Run is a small gated community with private access to the Elk River and its trout waters. Inside, the cabin has all the warmth and character you'd expect from a mountain log home. The open floor plan is filled with natural light from dramatic floor-to-ceiling windows, while a beautiful stone wood-burning fireplace anchors the great room. The farmhouse-style kitchen features granite countertops, a large center island, gas range and stainless appliances. The adjoining dining area opens directly onto a spacious covered rear deck—an ideal place to relax, entertain and take in the peaceful mountain setting. The main level offers a spacious primary bedroom and private bath with separate vanities, along with a convenient half bath for guests. Upstairs are two additional bedrooms, a full bath and a large loft overlooking the living area. Approximately 1,320 square feet of unfinished basement offers tremendous potential for future expansion, with a walkout entrance and plenty of space for a game room, theater, recreation area, workshop or additional living space. The home is also equipped with a Generac whole-home on-demand generator, central dehumidifier and Tar Heel Basement Systems moisture-control system—valuable features for added comfort, protection and peace of mind in a mountain home. Whether you're searching for a full-time mountain home, private getaway or property with tremendous short-term rental potential, 473 Double Knob Road stands out for what matters most: 6.47 acres, long-range mountain views, exceptional privacy and a location just minutes from the heart of Banner Elk.

Features

3 bedrooms
3 bathrooms
1 carspace
1 garage space
1960 sq. ft. floor area
6.47 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Banner Elk over the last 12 months, the estimated median property value of 473 Double Knob Rd is $717.5k.

Median value
$717.5k
Estimated value range
$265k - $2.21m
Median days on market
89
Estimated value trend
10%
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 473 Double Knob Rd

2026
Sold
$699,500
25 Sep 2026 by Chad Gryder, of Appalachian Properties
2020
Sold
$469,000
30 Jul 2020 by Cindy Giarrusso, of Blue Ridge Realty & Inv. - Banner Elk
2020
Sold
$390,000
07 Feb 2020 by Scott Warren, of Boone Realty

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 3 bedroom single-family properties in Banner Elk

In the last 12 months, 142 three-bedroom single-family properties similar to 473 Double Knob Rd, have been sold.

This represents a 14% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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