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John KurtzCharlotte · NC

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Banner Elk · Banner Elk, NC

4584 & 4582 NC Highway 194 None S

Banner Elk, NC · 4,853 sqft

$1,350,000

Reduced from $1,499,000

  • 7Beds
  • 7.5Baths
  • 4,853SqFt
  • 1911Year
  • 320Days on market

About this home

The Taylor House Inn ~ an important piece of Valle Crucis history and an iconic High Country property, brimming with storybook-like charm and offering potential for a number of uses. Nestled just down the street from the original Mast General Store and in close proximity to Valle Crucis Park and the Watauga River, this 3.9+ acre property offers a 7-bedroom/7.5-bath main home, 2 bedroom/2 bath guest home, additional guest cottage, storage & multi-use building, and a detached garage on flat, usable yards with wooded acreage behind (trail potential!) & the sites & sounds of Crab Orchard Creek just across the road. The Taylor House or main home, originally built ~1911 by Squire Taylor himself, lies on the National Register of Historic Places. The perfect place for a homestead, family estate/legacy property, turnkey Inn or B&B, commercial office, or more, this property offers easy access year-round on state-maintained roads and level driveway. The large farmhouse front porch of the Taylor House Inn is the perfect place for overlooking the yards and pastoral mountain views. On the main level, find a formal entry/foyer, living room, den/study, formal dining room, commercial kitchen, primary suite, office, and mudroom – just across the stone patio from the ‘Milk House’, an unfinished storage building housing the laundry room. Off the second level landing, find four bedroom/bathroom suites as well as an additional bedroom and full bath. The third level offers a spacious suite with full bath open to a sitting area. The guest home or ‘Red Cottage’ offers living & kitchenette, primary suite with jetted tub/tiled shower, + guest suite. The other guest cottage, or ‘Flower Cottage,’ offers bonus space + full bath - set up as sleeping area. A detached garage sits next to the flat, usable yards that surround the structures. Fully furnished - minor exceptions! Amenities: high-speed internet, security system, gazebo, some original glass windows & tubs (~1911).

Property details

Beds
7
Baths
7.5
SqFt
4,853
Lot
Year built
1911
Type
Single Family
Days on market
320
Garage
1
Style
Cottage, Farmhouse, Traditional
Heating
Baseboard, Electric, Forced Air, Oil
Cooling
Window Unit(s), None
Foundation
Crawl Space
Flooring
Carpet, Tile, Wood
View
Mountain(s)

Features

  • Entrance Foyer
  • Kitchen Island

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$9,935/ month

Principal & interest
$8,360
Property tax (~1.05%)
$1,181
Homeowners insurance
$393
HOA dues

Down payment

$67,500 down · $1,282,500 financed

Income to qualify (28% rule)

~$425,826 / year household

A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.

Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.

Location

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Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.