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This property is a rare find in Valle Crucis! It can be classified as commercial, residential, historical, or farm land. There is a move-in ready cottage, another building that could be an office or business, udated to be a Air B&B, or guest house. An extra special option is the 2+ acres of FLAT land (unique find in the mountains) that already has a 4 bedroom permit - can be used as a single house, 2 two bedroom houses or 4 tiny houses...a lucrative benefit for the investor. Now some details for the existing home. Charming is too inadequate to describe this cottage! Cutest little house you ever did see! It is situated on 3 flat acres just before the heart of the Valle and is within walking distance to the infamous Mast General Store (circa 1882) and the Valle Crucis public park on the Watauga River. (Enjoy free concerts there in the summer months). The cottage is decorated beautifully and once you walk in the front door, you'll want to stay. The living room and kitchen are separated by a stone fireplace. The hallway on the right leads to 2 bedrooms separated by a bathroom. Step out the dining area to an enchanting & secluded area where you might expect to see gnomes and fairies. The landscaping is soothing and the firepit enticing. Also you'll find a small building that could used as a bunk room (with some updating), a "she shed", hobby space, or office. Behind the cottage is a huge barn/garage, which could be used as hobby haven or a workshop, an insulated insulated chicken house (keeping those hens warm in the winter) with a fenced run, a fenced in garden area with raised beds - just in time to plant your vegetable garden! In the pasture area (approximately 2 acres) is ample space for horses, cows, goats or sheep, best of all, it has been perked for 4 bedrooms so another house could be built on this land if desired. To the right of the house at road front there is a small building with a variety of possibilities - guest cottage, office, or Air B&B. This place could your dream come true! Other feature of this location is the easy access to area attractions. 3 ski areas for winter fun are with 30-40 minutes, canoeing, kayaking, tubing & fly fishing, farmer's market, hiking, casual & fine dining ASU for football games and concerts, plays and exhibits, Daniel Boone Park with outdoor historical drama in the summer, many hiking opportunies, Valle Country fair, Banner Elk Wooly Worm Festival, stunning Fall colors and downtown Boone for purusing unique shops. This is a special place for part time and full time living.
| DAYS ON MARKET | 2 | LAST UPDATED | 5/5/2026 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 1971 |
| COMMUNITY | 8-Banner Elk | GARAGE SPACES | 1.0 |
| COUNTY | Watauga | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Valle Crucis |
|---|---|
| High School | Watauga |
| ADDITIONAL DETAILS | |
| AIR | Ductless |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Electric Water Heater, Gas Range, Refrigerator, Washer |
| AREA | 8-Banner Elk |
| BARN/EQUESTRIAN | Yes |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Frame, Other, See Remarks, Wood Siding |
| EXTERIOR | Fire Pit, Storage |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Ductless, Fireplace(s) |
| LOT | 3.27 acre(s) |
| LOT DIMENSIONS | 3.27 |
| PARKING | Gravel, Driveway, Detached, Garage, Private |
| STORIES | 1 |
| STYLE | Cottage |
| SUBDIVISION | None |
| TAXES | 234.68 |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s), Pasture |
| WATER | Private, Well |
| ZONING | Historic District |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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