159 Matthew Rd, Banner Elk, NC 28604
Property image
Property image
OFF MARKET

$901,500

Trulia Estimate
  • 4 Beds
  • 3 Baths
  • 2,873 sqft (on 2 acres)

159 Matthew Rd, Banner Elk, NC 28604

Est. Refi. Payment $5,042/mo*
Refinance Your Home

Home Value

Trulia Estimate
$902K
Since last month
Increased$3K (+0.3%)
Since last year
Decreased$23K (-2.4%)
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 +112% in the last 10 years
MonthEstimated value
2026
August 2026$903K
August 2026$902K
July 2026$901K
June 2026$929K
May 2026$921K
April 2026$912K
March 2026$904K
February 2026$884K
January 2026$869K
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
129 Keeth Drive, Banner Elk, NC
0.16
Single-Family Home
$633,750
09/18/25
3
2.5
2,693
165 Keeth Dr, Banner Elk, NC
0.15
Single-Family Home
$500,000
11/25/25
3
3
2,756
1393 Berry Road, Banner Elk, NC
0.40
Single-Family Home
$399,000
09/09/25
2
3
1,113
405 Sleepy Hollow Lane, Banner Elk, NC
0.35
Single-Family Home
$445,000
02/05/26
2
2
1,576
133 Cliffwood Drive, Banner Elk, NC
0.40
Single-Family Home
$480,000
03/31/26
2
3
1,300
136 Hemlock Road, Banner Elk, NC
0.60
Single-Family Home
$377,900
10/08/25
3
2
2,534
535 Tweetsie Ln E, Banner Elk, NC
0.79
Single-Family Home
$635,000
11/21/25
3
3
2,160
529 Laurel Ridge Road, Banner Elk, NC
0.56
Single-Family Home
$370,000
01/20/26
3
2
1,442
144 Spice Apple Way, Banner Elk, NC
1.02
Single-Family Home
$533,000
01/13/26
3
3
1,881
549 Clubhouse Drive, Banner Elk, NC
0.71
Single-Family Home
$651,000
08/11/26
3
3.5
2,826

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
163 Grandfather Knolls Drive, Banner Elk, NC 28604
0.13
$1,184,600
4
4
3,488
Off Market
161 Grandfather Knolls, Banner Elk, NC 28604
0.15
$1,046,500
4
3
3,383
Off Market
129 Keeth Drive, Banner Elk, NC 28604
0.16
$634,400
3
2.5
2,693
Off Market
442 Aldridge Road, Banner Elk, NC 28604
0.23
$1,290,000
3
6
5,005
For Sale
615 Sleepy Hollow Lane, Banner Elk, NC 28604
0.29
$624,000
3
2.5
2,010
Off Market
396 Cliffwood Drive, Banner Elk, NC 28604
0.29
$541,400
2
2
1,656
Off Market
405 Sleepy Hollow Lane, Banner Elk, NC 28604
0.35
$445,000
2
2
1,576
Recently Sold
1393 Berry Road, Banner Elk, NC 28604
0.40
$427,700
2
3
1,113
Off Market
133 Cliffwood Drive, Banner Elk, NC 28604
0.40
$480,000
2
3
1,300
Recently Sold
10221 NC Highway 105 S, Banner Elk, NC 28604
0.43
$325,000
3
2
1,792
For Sale
317 Basswood, Banner Elk, NC 28604
0.43
$797,500
3
2.5
1,952
Off Market
304 Covered Bridge Ln, Banner Elk, NC 28604
0.44
$415,600
3
2
1,263
Off Market

Local Information

  • Map ViewExplore the area around 159 Matthew Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2003
2 acre lot
2,873 sqft
$314/sqft

About this House

Beautiful cabin on top of the hill. Second lot cleared/graveled for extra parking. 2.48 acre total. Master suite with walk-in closet, water jet tub, marble shower and double sink vanity. Roomy kitchen with gas stove and granite countertops. Main den with vaulted ceiling and loft sitting area. Two gas log fireplaces. Big downstairs bedroom, pool table, wet bar, laundry, bath and den.
159 Matthew Rd, Banner Elk, NC 28604 is a 4 bedroom, 3 bathroom, 2,873 sqft single-family home built in 2003. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $901,500, with a rent estimate of $3,432/month.

Home Details for 159 Matthew Rd

Interior Features

Interior Details
BasementNumber of Rooms: 7Types of Rooms: Walk In Closet, Family Room, Laundry Room, Master Bath, PantryWet BarCeiling Fan
Heating & Cooling
Heating: Forced Air, Propane ButaneAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1.7000000476837158Floors: Tile, Carpet, Hardwood, Slate
Appliances & Utilities
DishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
FireplaceHot Tub or SpaJetted Bath Tub

Exterior Features

Exterior Home Features
Roof: Asphalt, OtherDeckExterior: WoodPorch
Parking & Garage
Parking: Off Street

Property Information

Year Built
Year Built: 2003
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 2.00 acres

Price and Tax history

DateEventPrice
Sep 8, 2023
Source: N/A
ListingRemoved
Jun 10, 2023
Source: N/A
Pending
$874,900
Apr 8, 2023
Source: N/A
Listed For Sale
$874,900

Market trends in Banner Elk

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
176
4MoM

Around this home

What Locals Say about Banner Elk

At least 28 Trulia users voted on each feature.

  • 89 % Say car is needed

  • 87 % Say parking is easy

  • 84 % Say there's wildlife

  • 83 % Say there's holiday spirit

  • 76 % Say yards are well-kept

  • 71 % Say people would walk alone at night

  • 71 % Say it's quiet

  • 67 % Say it's dog friendly

  • 67 % Say they plan to stay for at least 5 years

  • 54 % Say kids play outside

  • 52 % Say neighbors are friendly

  • 50 % Say streets are well-lit

  • 40 % Say there are community events

  • 33 % Say it's walkable to restaurants

  • 29 % Say there are sidewalks

  • 25 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Dslarson1983
    "Valle Crucis park is great for the family! There are great play areas for kids, walking paths, and fishing right on the Watauga River. There are great Mast General Store is an awesome place to visit with the family. There is a great beaf jerky shop nearby as well in Valle Crucis. There are 3 ski resorts within striking distance, plus lots of hiking. "
    0
    Flag
  • Emma N.
    "Lived in the area most my life. Called the closest place to heaven. No longer the same like to visit on occasion but no longer a place I would live. "
    0
    Flag
  • James Behan
    "We love the rural community, the people are friendly, lots of farms, beautiful in all seasons , you need to like mountain roads"
    1
    Flag
  • Suzie S.
    "Great area if you dont have to drive & you can afford it. Mostly students, retirees, tourists, contruction workers, loggers, and wealthy 4th homes. Over 3,000 short-term rentals. No place for service workers to live. Very congested with roadwork and tourists in the summer. Nice weather, but it pretends to be the Aspen of Dixie. Housing is same cost as California, but no jobs."
    3
    Flag
  • Suzie S.
    "I have seen the High Country change tremendously since 2010. Itt saddens me that we cater mostly to tourists & so many summer residents are incredibly rude. No housing for middle income. It is a huge issue. Beautiful views & weather despite Mack trucks, Loggers, and constant roadwork & traffic. If you are uber wealthy & don't have to commute or work, it is the bees knees as any place would be."
    2
    Flag
  • Ambur F.
    "We have block parties on every 4th of July. They have things for adults and children. I also know all my neighbors by their first names. "
    0
    Flag
  • Cindyduckworth
    "we have a pool and great neighborhood the people are very friendly and everyone has a pet . I hope to get to know everyone better."
    0
    Flag
  • Melinda_kolar
    "Great schools & colleges, amazing neighborhoods and very family oriented & pet friendly. It’s an incredible place to live."
    2
    Flag
  • Greeneyedgirl0027
    "We have block parties on major holidays. With food drinks and games for kids including face painting."
    0
    Flag
  • Kjbutchko
    "I see a lot of dog friendly venues. People are dining outside with their fur babies. Many services for pets - groomers, vets, pet supply stores. I have not seen any dog parks."
    0
    Flag
  • Greeneyedgirl0027
    "There is a lot of grass and hills for the dogs to have fun on and sniff. The only downside is it's a busy street and dogs can easily be hurt by oncoming traffic."
    0
    Flag
  • Acutabove
    "I have lived in my neighborhood for almost 18 years and find it quiet and friendly. We are close to 105 therefore are close to all amenities in the High Country."
    1
    Flag
  • Sonhamby
    "I have lived at my address for 8+years! It is truly amazing. Summer is awesome here! Winter is brutal!"
    4
    Flag
  • Dmtvbh
    "We love the nice cool weather, and everyone we have met have been completely amazing and helpful in any way! We walk to the park daily with our 4yr old and our dog it’s so beautiful!! "
    14
    Flag
  • russellfamilyhk
    "We have a second home in Chestnut Falls and absolutely love it.....great area to get away from it all but still be accessible. Love it."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 159 Matthew Rd

  • What is 159 Matthew Rd estimated to be worth?
    Trulia's estimated value for 159 Matthew Rd in Banner Elk, NC is $901,500.
  • 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 do residents say about Banner Elk?
    Residents describe Banner Elk, NC as easy to park in, well-kept, and quiet. Most residents say you need a car. See recently sold homes in Banner Elk, NC.
  • What are the closest schools to 159 Matthew Rd?
    The closest schools to 159 Matthew Rd in Banner Elk, NC are Valle Crucis Elementary (Pre-K/Middle, rated 7/10), Watauga High (rated 8/10).
  • Does 159 Matthew Rd have air conditioning?
    Yes, 159 Matthew Rd in Banner Elk, NC has air conditioning.
  • Does 159 Matthew Rd have laundry facilities?
    Yes, 159 Matthew Rd in Banner Elk, NC has in-unit laundry.

Explore by feature - Pet Friendly

6 pet-friendly rentals in Banner Elk, NC

Explore by feature - Air Conditioning

7 rentals with air conditioning in Banner Elk, NC

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14 rentals with a washer/dryer in Banner Elk, NC

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