$699,000
 $3,752 est/mo Sourced by Back At You

150 Watauga River Road,Banner Elk, NC 28604

Banner Elk, NC 28604

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Description

Spectacular Watauga Riverfront Estate - Dual Living Quarters & Ultimate Waterfront Decks Discover the ultimate riverfront retreat on the pristine waters of the Watauga River. This expansive property is an entertainer's dream, offering an unparalleled waterfront lifestyle, exceptional space, and incredible value-add potential. Designed to comfortably sleep 12+ guests, this estate functions as a 6-bedroom, 3-bathroom haven featuring two separate, fully equipped living quarters- great for multi-generational living, a premier vacation rental, or a high-capacity mountain-river getaway. The Ultimate Riverfront Experience Step outside onto an incredible multi-tiered series of decks that cascade seamlessly from the main house all the way down to the rushing waters of the Watauga River. Whether you are hosting massive gatherings, soaking in the mountain air, or stepping right off your lower deck to fly-fish, kayak, or just play in the fresh mountain water, this outdoor living space offers a riverfront experience that is truly second to none. Dual Living Quarters & Versatile Layout Main & Upper Levels: Feature spacious living areas framed by river views, a functional layout, and multiple sleeping areas to accommodate large groups. All furniture conveys with the house. Finished Lower Level: A fully finished basement serves as the second independent living quarters. It provides excellent privacy, additional recreation space, and direct access to the outdoor deck systems. All furniture conveys with the house. (Note: Basement square footage (1705 sq ft) reflects unpermitted work; finished to a high standard but sold as-is). Sewer/Septic Note: The home offers the functionality and layout of a 6-bedroom home but is serviced by a 2-bedroom septic system. Detached 2-Car Garage with Unmatched Value-Add Potential The massive detached two-car garage is a hobbyist's or investor's dream, offering two major bonus features: 1. Plumbed for a Half-Bath: Main-level garage plumbing is already stubbed out and ready for easy installation. 2. Unfinished Man Cave / Lady Lair: Construction has already begun on a massive bonus space above the garage. All on-site wood building materials convey with the sale, giving the next owner a massive head start on creating a detached game room, home office, or additional guest suite. Imagination is yours! Whether you are looking for a lucrative premier rental property that can host a crowd, or a family compound on one of the region's most desirable rivers, this Watauga River gem offers space, functionality, and upside that you won't find anywhere else. Schedule your tour today to experience the decks and the river in person!

Details

MLS #264716
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
Year1986
Days On Site19
Listing Provided ByKeller Williams High Country | Billie Rogers

Features

Bed(s)2
Bath(s) 3 Total
SQ Feet3,410
Garage2
BasementY
Story(s)2
ZoningNone
Acreage0.84
Water FrontYes
Property ViewYes

Interior

Cooling Yes / NoYes
CoolingCentral Air
Heating Yes / NoNo
HeatingElectric, Forced Air, None
Interior FeaturesCarbon Monoxide Detector, Furnished, Second Kitchen
Window FeaturesDouble Hung
AppliancesDryer, Dishwasher, Exhaust Fan, Electric Range, Gas Range, Gas Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Washer
Fireplace FeaturesNone
Fireplace Yes / NoNo
Laundry FeaturesIn Basement

Exterior

Exterior FeaturesOut Buildings, Gravel Driveway
RoofArchitectural, Shingle
Construction MaterialsWood Siding, Wood Frame
Foundation DetailsBasement

Parking

Garage Yes / NoYes
Attached Garage Yes / NoNo
Parking FeaturesDriveway, Detached, Garage, Two Car Garage, Gravel, Other, Oversized, Private, See Remarks

Utilities

UtilitiesHigh Speed Internet Available
SewerSeptic Permit2Bedroom

Taxes

Tax Annual Amount1132
Tax Book Number546/1029

Location

Community FeaturesFishing, River, Long Term Rental Allowed, Short Term Rental Allowed

Area Information

StateNC
CountyAvery
CityBanner Elk
Zip Code28604
Area8 Banner Elk
SubareaBanner Elk
School DistrictAvery County
Elementary SchoolBanner Elk
High SchoolAvery County
Listing VS Median (in 28604)
Price:
$699,000
low | high
Med:
$546,800
71.773962804006% of Average
sqft:
3,410
low | high
Med:
1,207
100% of Average
$ / sqft:
$205
low | high
Med:
$453
71.003137397134% of Average
On site:
19
low | high
Med:
26
73.076923076923% of Average
Sourced by Back At You

Market Activity 28604

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Learn More About This Property

StateNC
CountyAvery
CityBanner Elk
Zip Code28604
Area8 Banner Elk
SubareaBanner Elk
School DistrictAvery County
Elementary SchoolBanner Elk
High SchoolAvery County
Listing VS Median (in 28604)
Price:
$699,000
low | high
Med:
$546,800
71.773962804006% of Average
sqft:
3,410
low | high
Med:
1,207
100% of Average
$ / sqft:
$205
low | high
Med:
$453
71.003137397134% of Average
On site:
19
low | high
Med:
26
73.076923076923% of Average
Sourced by Back At You
Listing Updated: October 15, 2026 at 11:16:35 AM PDT