116 Grassy Gap Loop, Banner Elk, NC 28604
OFF MARKET

116 Grassy Gap Loop
Banner Elk, NC 28604

  • 3 Beds
  • 3 Baths
  • 1,452 sqft (on 0.45 acres)

$553,700

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $3,084/mo*
Refinance Your Home

$553,700

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $3,084/mo*
Refinance Your Home
3 Beds
3 Baths
1,452 sqft
(on 0.45 acres)

Home Value

Trulia Estimate
$554K
Since last month
Increased$6K (+1.1%)
Since last year
Decreased$5K (-0.9%)
Since last sale
Increased$3K (+0.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +208% in the last 10 years
MonthEstimated value
2026
August 2026$553K
July 2026$547K
June 2026$547K
May 2026$546K
April 2026$557K
March 2026$549K
February 2026$545K
January 2026$545K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
207 Lake Road, Banner Elk, NC
0.14
Single-Family Home
$555,000
12/04/25
3
2
1,540
100 Northridge Road, Beech Mountain, NC
0.21
Single-Family Home
$528,500
12/31/25
4
2.5
2,189
133 Locust Ridge Rd, Banner Elk, NC
0.41
Single-Family Home
$515,000
07/27/26
3
3
1,561
109 Old Field Road, Banner Elk, NC
0.24
Single-Family Home
$622,500
11/12/25
3
3
2,441
111 Village Cluster Road, Banner Elk, NC
0.32
Single-Family Home
$649,000
03/23/26
3
2.5
1,501
110 Hilltop Road, Banner Elk, NC
0.22
Single-Family Home
$1,021,000
07/02/26
3
3
2,710
133 & 135 Locust Ridge Road, Banner Elk, NC
0.41
Single-Family Home
$515,000
07/27/26
3
3
1,507
122 Saint Andrews Road, Banner Elk, NC
0.42
Single-Family Home
$475,000
08/29/25
4
2
1,518
106 Hawthorne Road, Banner Elk, NC
0.39
Single-Family Home
$612,500
04/20/26
3
2
2,095
114 W Blueberry Lane, Banner Elk, NC
0.56
Single-Family Home
$550,000
03/13/26
3
3
2,552

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
112 Grassy Gap Loop #Gggc, Banner Elk, NC 28604
0.02
$585,500
4
3
1,812
Off Market
139 Chestnut Way, Banner Elk, NC 28604
0.08
-
-
-
-
Off Market
107 Grassy Gap Loop Road, Banner Elk, NC 28604
0.07
$650,000
4
3
1,961
For Sale
105 Grassy Gap Loop Road, Banner Elk, NC 28604
0.08
$902,300
4
3
2,138
Off Market
131 Chestnut Way, Banner Elk, NC 28604
0.08
-
-
-
-
Off Market
122 Chestnut Way Road, Banner Elk, NC 28604
0.09
$833,800
3
2.5
2,661
Off Market
216 Lakeledge Road, Banner Elk, NC 28604
0.18
-
-
-
-
Off Market
106 Hilltop Road, Banner Elk, NC 28604
0.17
$911,700
5
3.5
2,288
Off Market
207 Lake Road, Banner Elk, NC 28604
0.14
$555,000
3
2
1,540
Recently Sold
159 Chestnut Way, Banner Elk, NC 28604
0.21
-
-
-
-
Off Market
101 Foxgrape Hollow Road, Banner Elk, NC 28604
0.16
$59,000
-
-
-
For Sale
122 Lakeledge Cir, Banner Elk, NC 28604
0.21
$596,300
3
3
3,207
Off Market

Local Information

  • Map ViewExplore the area around 116 Grassy Gap Loop.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1969
Lot Size
0.45 acres
Living Area
1,452 sqft
Price/Sqft
$381

About this House

This single-family home is located at 116 Grassy Gap Loop, Banner Elk, NC. 116 Grassy Gap Loop is in Banner Elk, NC and in ZIP code 28604. This property has 3 bedrooms, 3 bathrooms and approximately 1,452 sqft of floor space. This property has a lot size of 0.45 acres and was built in 1969.
116 Grassy Gap Loop, Banner Elk, NC 28604 is a 3 bedroom, 3 bathroom, 1,452 sqft single-family home built in 1969. It last sold for $550,000 on Jan 31, 2025. It is currently off market. The Trulia Estimate is $553,700, with a rent estimate of $2,399/month.

Home Details for 116 Grassy Gap Loop

Interior Features

Heating & Cooling
Heating: Baseboard, GasHeating Fuel: Baseboard
Levels, Entrance, & Accessibility
Stories: 2
Interior Details
Number of Rooms: 5
Appliances & Utilities
DishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: VinylFoundation Type: Crawl Raised
Parking & Garage
Parking: Off Street

Property Information

Year Built
Year Built: 1969
Property Type / Style
Property Type: Single Family HomeArchitecture: Conventional

Community

Units in Building: 1

Lot Information

Lot Area: 0.45 acres

Price and Tax history

DateEventPrice
Jan 31, 2025
Source: N/A
Sold
$550,000
Feb 1, 2022
Source: N/A
Sold
$430,000
Nov 28, 2017
Source: N/A
Sold
$172,500
Oct 18, 2017
Source: Agent Provided
PriceChange
$179,000
Price decreased by 3%
Jun 3, 2017
Source: Agent Provided
PriceChange
$184,000
Price decreased by 3%

Market trends in Beech Mountain

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$428K
Sale-to-List Price
—
Price per sq ft
$287
Available listings
151
20MoM

Around this home

What Locals Say about Beech Mountain

At least 12 Trulia users voted on each feature.

  • 100 % Say it's quiet

  • 100 % Say there's wildlife

  • 92 % Say car is needed

  • 88 % Say it's dog friendly

  • 87 % Say parking is easy

  • 77 % Say they plan to stay for at least 5 years

  • 75 % Say yards are well-kept

  • 68 % Say people would walk alone at night

  • 65 % Say there's holiday spirit

  • 60 % Say neighbors are friendly

  • 57 % Say there are community events

  • 47 % Say it's walkable to restaurants

  • 38 % Say kids play outside

  • 13 % Say streets are well-lit

  • 11 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Lj The Raccoon
    "Its a great place go live with lots of vegitation. not alot of places to eat or buy groceries on the mountain."
    0
    Flag
  • Michelle Cavallaro Lattke
    "Beautiful mountain town with summer hiking and winter skiing. Rural and requires 4 wheel drive for year round access. But the views are epic!"
    0
    Flag
  • Tammy
    "Great holiday spirit, summer and winter activities. There is a really nice dog park too for pet lovers. "
    0
    Flag
  • Trulia User
    "The amazing mountain, land of Oz, Beech Mountain Resort and Club. There’s something for everyone. Skiing, hiking, golf, Tennis, and much much more"
    3
    Flag
  • Millerskennel3
    "Small town, family feel, most folks know the permanent residents.... wholesome environment. There are outdoor activities and the high country offers a diverse balance of most types of activities and sports. "
    0
    Flag
  • Danddharris66
    "We've had home here for over two years and love it. A lot of community activities, great people, and beautiful scenery. "
    1
    Flag
  • Jbgardner
    "We have a vacation home on Beech Mountain. This is a ski and golf resort with cool summer temps and beautiful winter snows, great hiking trails and mountain biking."
    3
    Flag
  • mur68
    "It is a great area to relax and play some golf. Number of courses nearby. "
    0
    Flag
  • Dirtman1993
    "Have been in the area and vacationed here for years. Great rental if wish to as home was reserved for the entire first summer. Let the renters buy your vacation home. Christmas is the best on Beech "
    3
    Flag
  • Jim B.
    "Great location - high altitude, one block to main road, Ski Area & Mtn Bike Park, 5 blocks to Club recreation park - without traffic & noise of other neighborhoods. "
    2
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 116 Grassy Gap Loop

  • What is 116 Grassy Gap Loop estimated to be worth?
    Trulia's estimated value for 116 Grassy Gap Loop in Banner Elk, NC is $553,700.
  • What is the price history for 116 Grassy Gap Loop?
    116 Grassy Gap Loop in Banner Elk, NC last sold for $550,000 in January 2025.
  • Is Banner Elk a buyer's or seller's market?
    Banner Elk is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Banner Elk?
    The median sale price in Banner Elk is $428K.
  • Does 116 Grassy Gap Loop have laundry facilities?
    Yes, 116 Grassy Gap Loop in Banner Elk, NC has in-unit laundry.
  • How big is the lot at 116 Grassy Gap Loop?
    The lot at 116 Grassy Gap Loop in Banner Elk, NC is about 0.45 acres (19,602 sq ft).

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