About This Home

This 2-bedroom, 3-bathroom single family at 150 Watauga River Road in Banner Elk, NC is listed for $699,000 ($205 per sqft). Built in 1986, the home offers 3,410 sqft of living space on a 0.84 acres lot.

Key Features

  • Built in 1986
  • 0.84 acre lot

Property Details

3 full
1986
Listing 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 th

e 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!

Monthly Cost Estimate

$3,738/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,029
Insurance$204

Estimates only. Actual payments may vary.

Location

150 Watauga River Road

Banner Elk, NC 28604

Questions & Answers

This 2-bedroom, 3-bathroom single family at 150 Watauga River Road is listed at $699,000 ($205/sqft). The estimated monthly payment is $3,739 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1986, 0.84 acre lot.

This property is listed by Billie Rogers and can be reached at 8289640746.

BR

Billie Rogers

Agent at Keller Williams High Country

(828) 964-0746
Agent website

Listed by Keller Williams High Country · Broker phone: (404) 277-3545 · View on Broker Site · Broker website

MLS# 264716· Source: High Country Association of Realtors· 2 days on PropertySimple

Copyright © 2026 High Country Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

150 Watauga River Road, Banner Elk, NC 28604

Open this listing in: