Elk Park Homes under $1.25 million

Welcome to Elk Park, North Carolina, a hidden gem nestled in the heart of Avery County. This enchanting town is surrounded by the breathtaking Blue Ridge Mountains, offering a tranquil escape for those seeking a harmonious blend of natural beauty and small-town charm. With its rich history, friendly community, and stunning landscapes, Elk Park is the perfect place to call home.

Elk Park boasts a variety of outdoor recreational opportunities, from hiking and biking along scenic trails to fishing in pristine rivers. The area is renowned for its vibrant fall foliage, making it a popular destination for leaf-peepers and nature enthusiasts alike. The town's proximity to larger cities such as Boone and Banner Elk provides residents with access to shopping, dining, and cultural events while maintaining the peaceful atmosphere of a close-knit community.

For those looking to invest in their dream home, Elk Park offers an impressive selection of properties under $1.25 million. Whether you're searching for a cozy cabin with mountain views, a spacious family home, or a charming cottage in a serene setting, you'll find a variety of options that cater to diverse tastes and lifestyles. Many of these homes feature modern amenities while embracing the rustic charm that the region is known for.

In Elk Park, you can enjoy the best of both worlds—a serene, picturesque environment with a welcoming community atmosphere. Discover the possibilities that await you in this idyllic town and make Elk Park your new home today!

Newest Elk Park Homes under $1.25 million

89 Springhouse Dr Drive Unit #A-4, Elk Park

$599,999

3 Beds ⋅ 3 Baths ⋅ 264598 MLS

Turn-key luxury condo in the gated Headwaters at Banner Elk community, offering privacy, beautiful finishes, and a peaceful wooded setting. One of only three 4-unit condo buildings situated on over 11 acres. The main level features two bedroom suites with private baths, a light-filled great room with hardwood floors and gas fireplace, and a gourmet kitchen with granite countertops, gas range, and high-end finishes. The lower level provides additional living space with a spacious den, bedroom, full bath, and private covered deck—perfect for family and guests. Relax and enjoy the cool mountain air and sounds of nature from two private covered decks. Extra parking and 21 wide, gently descending steps lead to the front entrance. Headwaters amenities include a mountaintop clubhouse with fitness center, game room, theater and gourmet kitchen, plus Lakeside Pavilion, parks, dog park, walking trails, tennis courts, and a natural waterfall. Just minutes from downtown Banner Elk, skiing, golf, hiking, dining, shopping, and High Country attractions. If you’ve been waiting for a private mountain retreat with luxury finishes, generous living space, outstanding amenities, and an unbeatable High Country location, this is one you won’t want to miss. Schedule your showing and experience Headwaters at Banner Elk for yourself!

89 Springhouse Dr Drive Unit #A-4, Elk Park

154 Falls Creek Parkway Unit 4, Elk Park

$785,000

3 Beds ⋅ 3 Baths ⋅ 264260 MLS

A rare opportunity in Headwaters of Banner Elk—one of just four townhomes tucked into an approximately 3.5-acre setting, offering the ease of level entry, generous living space, and the privacy and beauty buyers come to the High Country to find. Beautifully updated and move-in ready, this three-bedroom mountain retreat combines comfort with effortless mountain living. High ceilings and abundant natural light create an open, inviting feel, while custom closets and generous storage make the home as functional as it is welcoming. Recent improvements include new interior paint, new carpet, a new roof, and a whole-home generator, along with additional storage in the storage shed/garage. Step outside and you'll understand what makes this home special. An expanded lower-level deck creates even more room to relax and entertain while enjoying the peaceful mountain surroundings. After a day on the slopes, hiking the trails, or exploring Banner Elk and Beech Mountain, come home to your private hot tub and settle in for a quiet mountain evening. Additional finished space with a sleeping area and full bath provides wonderful flexibility for family and guests. This approximately 313-square-foot area was completed by a licensed contractor but was not permitted and is therefore not included in the home's advertised heated living area. And then there is Headwaters itself. This established gated mountain community offers two lakes encompassing more than 20 acres of water, a lakeside pavilion, hiking trails, a waterfall, tennis and pickleball courts, an outdoor basketball court, and a spectacular clubhouse showcasing layered mountain views. Inside the clubhouse, owners enjoy a game room, dining room, fitness room, and theater. Whether you're searching for a full-time residence, second home, or mountain escape, this is the kind of property that makes enjoying the mountains easy—level entry, spacious bedrooms, exceptional storage, extensive updates, inviting outdoor living, and outstanding community amenities, all within easy reach of Banner Elk, Beech Mountain, skiing, dining, shopping, and year-round recreation. Arrive, unpack, and start living the mountain life you've been waiting for.

154 Falls Creek Parkway Unit 4, Elk Park

$965,000

3 Beds ⋅ 4 Baths ⋅ 264321 MLS

Mountain living at its best in the gated community of Headwaters at Banner Elk! This beautifully updated 3-bedroom, 3.5-bath FURNISHED mountain home offers a wonderful combination of comfort, character, and exceptional outdoor living. The open main level features a bright, inviting living area with soaring cathedral ceilings, a spacious kitchen with quartzite countertops and updated appliances, and an easy flow into the dining and living spaces—great for gathering with family and friends. The main-level primary suite provides convenience and privacy, and has 2 walk in closets. The expansive wraparound porch creates an ideal place to relax and take in the peaceful mountain surroundings. A covered outdoor living area with a wood-burning fireplace extends the living space and makes cool evenings especially inviting. Upstairs, an open loft provides flexible space for a home office, sitting area, game room, or additional gathering space, along with two spacious guest bedrooms and a full bath. The lower level adds even more versatility with a den, bonus space, full bath, and laundry area, providing plenty of room for guests, recreation, or a second living area. Outside, enjoy a fire-pit area, and a fenced space for you dog. The property also borders Deer Creek Park, offering a beautiful park-like setting just beyond your doorstep. Headwaters at Banner Elk offers an impressive collection of amenities, including a clubhouse with fitness center, theater, game room, gourmet kitchen and great room, lakes for fishing and paddling, tennis, hiking trails, parks, and a dog park. Conveniently located just minutes from Banner Elk and an easy drive to Beech Mountain and Sugar Mountain, this is an ideal mountain retreat, full-time residence, or vacation property. Come experience the relaxed mountain lifestyle and all that 65 Beaver Dam Road has to offer! Home comes with a 14 month free home warranty.

65 Beaver Dam Road, Elk Park

$649,000

3 Beds ⋅ 3 Baths ⋅ 264136 MLS

Experience the best unobstructed view in the High Country from this beautifully appointed luxury three bedroom, three bathroom condo in the prestigious Headwaters community. This move-in ready condo offers refined mountain living with elegant finishes and inviting spaces designed to showcase the breathtaking scenery. The gourmet kitchen features granite countertops, a gas range, high end cabinetry, and premium appliances, perfect for those who love to cook and entertain. The great room boasts soaring ceilings, a stunning stone fireplace with gas logs, and expansive walls of windows framing the sweeping long-range mountain views. Two bedrooms are located on the main level, including a serene primary suite, while a spacious guest suite and open loft upstairs provide additional room for guests to relax. Step outside to the large deck to enjoy cool summer breezes or gather around the outdoor stone fireplace under the stars. Residents of Headwaters enjoy access to an impressive array of amenities including a clubhouse with fitness center, game room, theater room, gourmet kitchen, and elegant gathering spaces that feature their own mountain views. The community also offers a lakeside pavilion, scenic parks, waterfall, hiking, tennis court, and even a dedicated dog park. Just a short drive from downtown Banner Elk, this remarkable property offers an exceptional blend of luxury, comfort, and panoramic mountain beauty. For more information on the The Headwaters at Banner Elk, visit https://headwatersatbannerelk.com/.

138 Springhouse Drive Unit C2, Elk Park

$120,000

2 Beds ⋅ 2 Baths ⋅ 263907 MLS

If you are looking for a project, then this house is for you! This two bedroom, two full bath home is in need of a some work and renovation, but with a little vision, creativity and investment, it could be something special. Situated on a flat lot, with a creek, there is plenty of yard for outdoor activities. Tons of potential! Features include a one car garage, large deck, spacious living room and plenty of room in the kitchen. The ceiling height in the living room, kitchen and one bedroom is 6'9". The square footage of the house is 1807, but due to the ceiling height, only 793 is listed. Located just 15 minutes to either Banner Elk or Elizabethton, TN, and 15 minutes to the beautiful Elk River Falls. Bring your contractor, your imagination and see what you can do with this property today!

636 Dark Hollow Road, Elk Park

$199,900

3 Beds ⋅ 1 Baths ⋅ 263732 MLS

Cute country cottage on over 3 acres that has been recently upgraded on the interior and awaiting its new owner! Sit on your covered front porch and enjoy the cool summer breeze as you look over the expansive lawn with plenty of room for a garden. Babbling stream flows along the edge of the yard providing the sounds that make you drift to sleep or the water for the animals that you could keep around the house. Inside find all new laminate flooring throughout, an updated bathroom and kitchen, and a living area accented by a wood stove that will keep you cozy through the winter months. Property includes a wooded area perfect for hunting, hiking, or clearing for additional space. Easy state maintained paved access all the way into Boone which is an easy 30 minute drive. Don't miss a fantastic opportunity to add a little love and have the perfect primary, vacation, or rental home, come and see today!

4815 Flat Springs Road, Elk Park

$349,900

3 Beds ⋅ 2 Baths ⋅ 263865 MLS

Custom log home on two wooded acres on the backside of Beech Mountain, with convenient access via paved state roads. This three-bedroom, two-bath cabin combines rustic charm with comfortable mountain living in a peaceful High-Country setting. The main level features vaulted ceilings and a kitchen with a large center island with a built-in bar sink, making it an inviting gathering space for entertaining. The kitchen and living areas are divided by the primary suite on one side, and the two guest beds with a bath on the other. In the unfinished downstairs, you’ll find abundant storage space and plenty of potential to expand and personalize the home to suit your vision, with some of the work already underway. Enjoy the large deck space that creates an exceptional outdoor living area, waiting for summer cookouts, crisp autumn afternoons, relaxing with family and friends, and simply taking in the fresh mountain air. Outdoor adventure is just minutes away, with Beech Mountain’s slopes roughly 20 minutes from the property, Guy Ford public access on the Watauga River only 5 minutes away, and the shores of Watauga Lake 15 minutes away. Please note that some boards on the side decks need to be replaced, so use those areas with caution.

2417 Russ Norris Road, Elk Park

$549,000

2 Beds ⋅ 2 Baths ⋅ 263479 MLS

Escape to where the only sounds are the breeze through the trees and the crackle of the fire. Tucked away in a peaceful, private setting, Little Elk Lodge is the mountain retreat so many dream of but few ever find. This charming 2-bedroom, 2-bath log cabin offers incredible long-range mountain views, timeless log cabin character, and the kind of quiet that reminds you why you came to the mountains in the first place. Inside, warm wood floors, soaring tongue-and-groove vaulted ceilings, and a stone gas-fireplace create an inviting space to gather after a day of adventure. The open-concept living and kitchen area is perfect for entertaining. A double set of sliding glass doors frame the mountain views, and the spacious deck provides the perfect place to enjoy sunrise coffee, afternoon breezes, or star-filled evenings. The main level features a comfortable primary suite, while the upper level offers a second bedroom, full bath, and loft overlooking the great room. The unfinished basement provides abundant storage or future expansion potential, with a 3-bedroom septic permit already in place should you decide to grow the space. Offered fully furnished and managed by Carolina Cabin Rentals, Little Elk Lodge is ready to be enjoyed from day one. While it feels wonderfully secluded, you're just 17 minutes from downtown Banner Elk and within easy reach of Sugar Mountain, Beech Mountain, the Elk River, Grandfather Mountain, the Blue Ridge Parkway, and countless hiking trails and waterfalls. Whether you're searching for a weekend escape, a vacation home or an investment property, Little Elk Lodge captures everything people love about mountain living... privacy, peaceful surroundings, breathtaking views, and an authentic log cabin experience that makes it easy to leave the everyday behind.

122 Shadow Stream Lane, Elk Park

$900,000

4 Beds ⋅ 3 Baths ⋅ 263343 MLS

This beautiful newer mountain-style home blends wood, stone, and modern finishes for a warm, inviting feel. The two-story layout offers comfortable living spaces and quality craftsmanship throughout, all set in a peaceful wooded setting. Conveniently located near Banner Elk, it’s a great option for a full-time home, vacation getaway, or investment property.

780 Woodland Hills Drive, Elk Park

$275,000

3 Beds ⋅ 1 Baths ⋅ 263314 MLS

NEW PRICE! DON’T MISS THIS OPPORTUNITY! Rare opportunity to own 8.17 unrestricted acres! Enjoy mountain views and a peaceful setting from this updated, unrestricted farmhouse featuring rolling pastureland and numerous recent improvements. Updates include new roof, windows, plumbing, electrical, water heater, luxury vinyl plank flooring, full insulation, a renovated bathroom, and a rebuilt front porch. A Buck wood stove provides an additional heat source, and the chimney has been professionally cleaned and capped. The upper level offers approximately 325 square feet of additional finished space. New vinyl siding has been installed. The property includes southern exposure, streams, pasture, a horse barn, and multiple outbuildings suitable for storage, agricultural use, or other permitted uses. Conveniently located within 20-30 minutes of Beech Mountain Ski Resort and community, Banner Elk, Watauga Lake, Buckeye Lake, and Boone. With easy access to year round recreation and everything the High Country has to offer! With no known restrictions, this property offers a variety of potential uses, including a primary residence, second home, agricultural property, or investment opportunity. The possibilities are endless. See attachments for additional information on nearby Western North Carolina destinations and attractions.

244 Flat Springs Road, Elk Park

$299,000

2 Beds ⋅ 2 Baths ⋅ 262587 MLS

Enjoy the expansive, multi state, long range views from this rustic log cabin in Elk Park! The cozy cabin features an open concept living area and a bedroom and full bath on the main level. Upstairs is a loft bedroom and full bath. Step out onto the spacious deck and take in the never ending mountain views or the glistening star filled nights. Just 15 minutes to Banner Elk or Elizabethton, TN, this cabin offers tranquility off the beaten path, yet a short drive to shopping and dining. A nearby trail is a convenient for hiking enthusiasts. Water is through a cistern for sustainable living. Sold with an extra one acre lot, for a total of 2.06 acres, on top of the mountain. This quaint cabin would make a great mountain getaway, to get away from it all!

402 Turkey Knob Lane, Elk Park

$1,199,000

4 Beds ⋅ 4 Baths ⋅ 262199 MLS

BEAUTY, LUXURY & PRIVACY! Move in ready! Walk in, sit down & relax! This well appointed home was built by the neighborhood's builder for himself and he went all out! A well laid out kitchen with granite countertops and gorgeous cabinets & wood floors overlooks the great room with inviting fireplace and dining area. Just a few steps away is a large primary suite with an elegant bathroom. You can exit the family room though the front door to the covered portion of the wrap around porch that extends across the whole front of the home for enjoying those cool mountain evenings! Beautiful wood floors, stunning doors & closets, lots of room to spread out, plus plenty of storage! There is a large family room upstairs between the large primary suite and 2 guest rooms, and a bonus room in the basement for kid's play space, games, music, exercise, whatever you want! This home comes with almost 10 acres of privacy and you could even subdivide it. Spacious 2 car garage, as well as a large carport! With a little tree clearing you could have even better views!

386 Billy Goat Bluff, Elk Park

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The information from this search is provided by the High 'Country Multiple Listing Service. Please be aware that not all listings produced from this search will be of this real estate company. All information is deemed reliable, but not guaranteed. Please verify all property information before entering into a purchase.”