The Perry House Bed & Breakfast $1,300,000

Historic B&B plus multi-family development tract plus prime commercial real estate frontage with restaurant tenant. All 2.6 acres and 2 buildings in the heart of Banner Elk, North Carolina are being sold virtually turn-key, providing opportunities to sub-divide or develop. Let’s take a closer look.
Nestled in the Blue Ridge Mountains between Beech and Sugar Mountain is the quaint resort village of Banner Elk, North Carolina and its historic centerpiece, The Perry House Bed & Breakfast. Built in 1903 and totally renovated in 1999 as a modern bed and breakfast, The Perry House is the most prominent home and business in the village. The wrap-around front porch offers commanding views of Grandfather and Sugar Mountains; the Inn’s southern exposure allows for year-round comfort. The historic 3,000 sq. ft. home occupies approximately ½ acre of the 2.6 acres in the very center of town. It has 5 guest bedrooms, each with private baths; one bedroom suite is located on the first floor for ease of access. The Innkeeper’s apartment with bedroom, bath, living/dining, laundry and office area is also located on the first floor. The Perry House is literally adjacent to Lees-McRae College; its many cultural, academic, and athletic activities provide year around enjoyment. Upscale boutique shopping and an inviting range of dining options are all easily reached on foot. Several excellent golf courses are nearby.
Banner Elk is a true 4-season resort community. At an elevation of 3,800 feet, visitors and residents enjoy cool summers filled with concerts and music festivals, hiking, biking, fishing, golf, antiquing, winery tours, and much more. Winters are spectacular, with the largest ski areas in the Blue Ridge Mountains just minutes away. Since its opening in 2001, The Perry House B&B has enjoyed steady growth while garnering a reputation for excellent customer service and comfort. The Perry House is a unique turn-key opportunity in a prominent High Country, North Carolina community.
But that’s not the whole opportunity. Surrounding The Perry House is a beautiful tract of gently sloping to level undeveloped land, perfect for multi-family resort or collegiate development. In addition, there is valuable commercial property with no parking restrictions fronting Main Street. The anchor tenant on this frontage is the town’s mid-day dining favorite, Dunn’s Deli, which occupies the 1,400 sq. ft. retail building included in the sale.
This unique property is conveniently located 20 minutes from Boone, 30 minutes from Blowing Rock and 15 minutes from Grandfather Mountain and the Blue Ridge Parkway. Sugar & Beech Mountain ski resorts are less than a 10 minute drive. Driving from Asheville, Charlotte and Winston-Salem will take less than 3 hours. Raleigh-Durham is just 3.5 hours and Johnson City, Tennessee barely 45 minutes away.
Buy the entire package or a portion of this incredible property. The seller will consider sub-dividing if a buyer’s interest is only The Perry House. Please call the Innkeepers with your interest; Robin or Mike Dunn, 828-898-3535 or email
2.6 acres
3,000 sq. ft. B&B built in 1903
Renovated in 1999
5 guest bedrooms
5 guest bathrooms
Innkeeper’s Apartment
10 parking places adjacent
Municipal water & sewer
1,400 sq. ft. retail Deli building
11 parking spaces adjacent
Original price $1,750,000
Now $1,300,000
Seller may sub-divide


  • Built in 1903
  • 13 years as B&B
  • Last renovation in 1999
  • MLS #I185003
  • For Sale By Owner
  • 5 Guest Rooms
  • 5 Guest Bathrooms
  • 3000 sq ft
  • Lot size: 2.60 acres
  • 11 Parking Spots
  • Has owner's quarters
  • $1,300,000
  • For Sale By Owner
  • $109.00 avg daily rate

Listing Agent

Mike or Robin Dunn
PO Box 2512
Banner Elk, NC 28604

Phone: 1.828.8983500
Cell: 1.877.8064280


153 Klonteska Drive PO Box 2512 Banner Elk, NC 28604-2512

Photos (click to enlarge)

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