4584 & 4582 NC Highway 194 None, Banner Elk, NC 28604

$1.5M · 7 bd · 8 ba · 4853 sqft

About This Property

The Taylor House Inn ~ an important piece of Valle Crucis history and an iconic High Country property, brimming with storybook-like charm and offering potential for a number of uses. Nestled just down the street from the original Mast General Store and in close proximity to Valle Crucis Park and the Watauga River, this 3.9+ acre property offers a 7-bedroom/7.5-bath main home, 2 bedroom/2 bath guest home, additional guest cottage, storage & multi-use building, and a detached garage on flat, usable yards with wooded acreage behind (trail potential!) & the sites & sounds of Crab Orchard Creek just across the road. The Taylor House or main home, originally built ~1911 by Squire Taylor himself, lies on the National Register of Historic Places. The perfect place for a homestead, family estate/legacy property, turnkey Inn or B&B, commercial office, or more, this property offers easy access year-round on state-maintained roads and level driveway. The large farmhouse front porch of the Taylor House Inn is the perfect place for overlooking the yards and pastoral mountain views. On the main level, find a formal entry/foyer, living room, den/study, formal dining room, commercial kitchen, primary suite, office, and mudroom – just across the stone patio from the ‘Milk House’, an unfinished storage building housing the laundry room. Off the second level landing, find four bedroom/bathroom suites as well as an additional bedroom and full bath. The third level offers a spacious suite with full bath open to a sitting area. The guest home or ‘Red Cottage’ offers living & kitchenette, primary suite with jetted tub/tiled shower, + guest suite. The other guest cottage, or ‘Flower Cottage,’ offers bonus space + full bath - set up as sleeping area. A detached garage sits next to the flat, usable yards that surround the structures. Fully furnished - minor exceptions! Amenities: high-speed internet, security system, gazebo, some original glass windows & tubs (~1911).

Location

4584 & 4582 NC Highway 194 None, Banner Elk, NC 28604

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Property Details

Overview

Property TypeSingle Family Residence

Year Built1911

Lot Size3.977 Acres

Stories/LevelsThree

Interior

Bedrooms7

Bathrooms (Full)7

Bathrooms (Half)1

Total Rooms14

Sqft4,853

HeatingBaseboard, Electric, Forced Air, Oil

Cooling / A/CWindow Unit(s), None

FlooringCarpet, Tile, Wood

Exterior

Garage Spaces1

ExteriorWood

FoundationCrawl Space

RoofMetal, Other - See Remarks

Financial

List Price$1.5M

Original Price$1.5M

Location

Address4584 & 4582 NC Highway 194 None, Banner Elk, NC 28604

CityBanner Elk

CountyWatauga

StateNC

Zip28604

Listed by Berkshire Hathaway HomeServices Vincent Properties · jay@vincentproperties.com MLS# CAR4269014

Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 03/16/2026, 06:31:04 PM. 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.

Information deemed reliable but not guaranteed. Buyer to verify all information.

Brian Jones

Compass

Founder of Luxury Communities and a seasoned luxury real estate advisor in Asheville and Western North Carolina. Brian specializes in private gated communities, luxury estates, and second-home destinations, with a strategic and technology-driven approach to matching buyers with the right communities and opportunities.