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$1,100,000
31 Days On Site

321 Grays Shadow Lane
Banner Elk, NC 28604

For Sale|Single Family Residence|Active
3
Beds
3
Total Baths
2
Full Baths
1
Partial Bath
2,215
SqFt
$497
/SqFt
2002
Built
Subdivision:
none
County:
Watauga
321 Grays Shadow Lane321 Grays Shadow Lane321 Grays Shadow Lane321 Grays Shadow Lane
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Monthly Payment (Est.)

$5,019
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Unique Foscoe log cabin opportunity on 7.33 acres backing up to Grandfather Mountain State Park land. Ideally located between Boone and Banner Elk, this 3 bedroom, 2.5 bathroom cabin offers over 2,200 square feet of living space, an oversized 2-car garage, seasonal mountain views, and room to enjoy, expand, or create a true High Country retreat. With no HOA, no deed restrictions, light Foscoe-Grandfather zoning, and short- and long-term rentals permitted, this property offers excellent flexibility for personal use, investment, or future buildout. The cabin features a desirable open floor plan with one-level living, vaulted ceilings, warm wood accents, abundant windows for natural light, and a gas fireplace in the main living area. The main level includes a generously sized living room, dining area, pantry, laundry room, guest half bath, and spacious primary suite with en-suite bathroom and walk-in closet. A large 550+ square foot deck is accessed from both the main living area and primary bedroom, creating a great outdoor living space with wiring already in place for a hot tub. Upstairs offers two additional bedrooms, a full bathroom, and a large loft area, providing excellent space for guests, office use, or a second living area. The land is a special part of this offering, with a mix of flat and sloping terrain, a natural wooded setting, beautiful rock outcroppings, a creek, and additional potential building sites. Seasonal mountain views may be enhanced with selective tree work. The oversized basement garage offers room for two vehicles stacked, storage, workshop space, or mountain toys. Whether you envision a generational homeplace, guest cabins, rental opportunities, or simply keeping the acreage natural and private, this property provides a rare combination of acreage, location, flexibility, and proximity to Grandfather Mountain State Park. Minutes from grocery, restaurants, parks, Grandfather Vineyard, and more, with Boone and Banner Elk approximately 15 minutes away.

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Listing Snapshot
Price 
$1,100,000
Days On Site 
31 Days
Bedrooms 
3
Inside Area (SqFt) 
2,215 sqft
Total Baths 
3
Full Baths 
2
Partial Baths 
1
Lot Size 
7.33 Acres
Year Built 
2002
MLS® Number 
4402280
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing first seen on site
a month agoListing updated with changes from the MLS®
General Features
Levels 
One and One Half
Parking 
Basement
Property Sub Type 
Single Family Residence
Sewer 
Septic Tank
SqFt Above 
2215
SqFt Total 
2215
Style 
Cabin
Utilities 
Cable Available
Water Source 
Well
Zoning 
Res
Interior Features
Appliances 
DishwasherDryerElectric RangeMicrowaveRefrigeratorWasherWasher/Dryer
Cooling 
Central AirHeat Pump
Fireplace 
Yes
Fireplace Features 
GasFamily RoomGas Log
Heating 
Heat Pump
Laundry Features 
Main Level
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Exterior Features
Construction Details 
Log
Lot Features 
Rolling SlopeLevelSlopedViewsWooded
Patio And Porch 
Deck
Roof 
Shingle
View 
Mountain(s)
Waterview 
Mountain(s)
Community Features
Financing Terms Available 
CashConventional
Roads 
Gravel
Schools
School District
Unknown
Elementary School
Valle Crucis
Middle School
Valle Crucis
High School
Watauga
Listing courtesy of Wright Brokers with Hyatt in the High Country nate@wrightbrokers.com


Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {last_incremented_at}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS. ©2026 Canopy MLS.

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Last checked - 2026-08-10 11:17 PM UTC

Neighborhood & Commute
Source: Walkscore
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