Headwaters At Banner Elk Homes under $1.25 million

Headwaters At Banner Elk Homes under $1.25 million

Welcome to Headwaters at Banner Elk, a serene subdivision nestled in the picturesque Avery County of North Carolina. Located just a stone's throw from the charming city of Elk Park, this community offers an idyllic blend of natural beauty and modern living, making it a perfect retreat for families and nature enthusiasts alike.

Headwaters at Banner Elk is renowned for its stunning mountain vistas, lush landscapes, and a tranquil atmosphere that invites you to unwind and enjoy the great outdoors. The subdivision features a variety of beautifully designed homes, with options available under $1.25 million, ensuring that you can find the perfect residence that suits your lifestyle and budget. Each home is thoughtfully crafted to harmonize with the surrounding environment, offering spacious layouts, high-quality finishes, and the latest amenities.

Living in Headwaters at Banner Elk means embracing a lifestyle filled with adventure and relaxation. Explore the nearby hiking trails, indulge in thrilling outdoor activities like skiing and mountain biking, or simply bask in the beauty of the changing seasons. The community also fosters a sense of camaraderie, with neighbors who share a passion for the great outdoors and a commitment to maintaining the area's natural charm.

Whether you are seeking a permanent residence or a vacation getaway, Headwaters at Banner Elk is the perfect place to call home. Experience the tranquility of mountain living while enjoying easy access to the vibrant culture and recreational opportunities that Avery County has to offer. Discover your dream home today in this enchanting subdivision!

Newest Headwaters At Banner Elk 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. Brand New Roof Oct 2026! Short Term Rentals Now Allowed - 7 Day Rental Minimum. 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
65 Beaver Dam Road, Elk Park
$950,000
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 which currently is functioning as a 4th bedroom, 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. This home also had a full pre listing home in inspection in September with impressive results. The stand up, encapsulated crawl space offers even more storage with shelving in place and an extra refrigerator and chest freezer that goes with the house.

65 Beaver Dam Road, Elk Park
485 Woodlake Loop Road, Elk Park
$679,000
3 Beds ⋅ 3 Baths ⋅ 261499 MLS
This charming cottage, crafted by Barnette Builders, offers outstanding value within a prestigious gated community. Thoughtfully designed, the unique floor plan maximizes every inch, while soaring vaulted tongue-and-groove ceilings create an open, airy feel well beyond its footprint. Expansive windows invite abundant natural light throughout the home. Offered furnished (with a few exclusions), each bedroom features its own private bath for added comfort and privacy. The kitchen is well-appointed with Bosch appliances, a gas range, granite countertops, custom cabinetry, and built-in seating with hidden storage. Nestled in a private wooded setting, the home also includes a cozy fire pit area—perfect for relaxing evenings. Beneath the home, you’ll find a partially floored storage space ideal for additional needs. In 2025, a new electric hot water heater and whole-home filtration system were installed. The deck railing and front step handrails were refinished, and a driveway motion-activated flood light was added to the roof. Located in Headwaters at Banner Elk, a luxury gated community in the Blue Ridge Mountains, this home sits conveniently near the entrance while maintaining a peaceful, secluded feel. A circular driveway allows easy access, and there is potential to add a garage. Residents enjoy six community parks, including a dog park, tennis court, two lakes, hiking trails, and a stunning mountaintop clubhouse featuring a theater, fitness center, game room, dining area, gourmet kitchen, and spacious gathering areas. Take in breathtaking long-range mountain views from the decks.

485 Woodlake Loop Road, Elk Park
no property photo
$849,900
3 Beds ⋅ 3 Baths ⋅ 261835 MLS
Nestled within the premier gated community of Headwaters at Banner Elk, this beautifully crafted mountain cottage offers the perfect blend of privacy, comfort, and convenience. Being sold turn-key with only a few seller exclusions, this 3-bedroom, 3 full bath retreat is ready for you to enjoy from day one. Thoughtfully designed and well built, the home features warm mountain charm, inviting living spaces, and an extended outdoor deck where you can relax and take in the peaceful mountain views surrounded by nature. Headwaters at Banner Elk offers exceptional amenities including a clubhouse with a movie theater, game room, and fitness center, along with two community lakes for fishing and canoeing, a dog park, tennis courts, and pickleball courts. Ideally located just minutes from Beech Mountain and downtown Banner Elk, you’ll enjoy easy access to skiing, hiking, mountain biking, fly fishing, live music, dining, shopping, and all the High Country has to offer. Whether you're seeking a full-time residence, mountain getaway, or investment property, this private escape delivers the best of mountain living.

405 Woodlake Loop Road, 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.”