150 Watauga River Road, Banner Elk, NC

$699,000

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2

Beds

3

Baths

3,410

Square feet

0.84

Acres

About 150 Watauga River Road

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 the 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!

Features of 150 Watauga River Road

MLS® # 264716
Price $699,000
Bedrooms 2
Bathrooms 3.00
Full Baths 3
Square Footage 3,410
Acres 0.84
Year Built 1986
Type Residential
Sub-Type Single Family Residence
Style Cottage, Mountain
Status Active

Community Information

Address 150 Watauga River Road
Area 8-Banner Elk
Subdivision None
City Banner Elk
County Avery
Province NC
Postal Code 28604

Amenities

Utilities High Speed Internet Available
Parking Driveway, Detached, Garage, Two Car Garage, Gravel, Other, Oversized, Private, See Remarks
# of Garages 2
Garages Driveway, Detached, Garage, Two Car Garage, Gravel, Other, Oversized, Private, See Remarks
View River
Is Waterfront No
Waterfront River Front, River Access
Has Pool No

Interior

Interior Features Carbon Monoxide Detector, Furnished, Second Kitchen
Appliances Dryer, Dishwasher, Exhaust Fan, Electric Range, Gas Range, Gas Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Washer
Heating Electric, Forced Air, None
Cooling Central Air
Fireplace Yes
Fireplaces None
# of Stories 2
Stories Two
Has Basement Yes
Basement Finished, Interior Entry, Bath/Stubbed, Walk-Out Access

Exterior

Exterior Wood Siding, Wood Frame
Exterior Features Out Building(s), Gravel Driveway
Windows Double Hung
Roof Architectural, Shingle
Construction Wood Siding, Wood Frame
Foundation Basement

School Information

Elementary Banner Elk
Middle Avery
High Avery County

Additional Information

Date Listed October 6th, 2026
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams High Country
Contact Info(828) 964-0746

Listing Map

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