Description
Unique Foscoe log cabin opportunity on 7.33 acres backing up to Grandfather Mountain State Park land. Ideally located between Boone and Banner Elk, this 3 bedroom, 2.5 bathroom cabin offers over 2, 200 square feet of living space, an oversized 2-car garage, seasonal mountain views, and room to enjoy, expand, or create a true High Country retreat. With no HOA, no deed restrictions, light Foscoe-Grandfather zoning, and short- and long-term rentals permitted, this property offers excellent flexibility for personal use, investment, or future buildout. The cabin features a desirable open floor plan with one-level living, vaulted ceilings, warm wood accents, abundant windows for natural light, and a gas fireplace in the main living area. The main level includes a generously sized living room, dining area, pantry, laundry room, guest half bath, and spacious primary suite with en-suite bathroom and walk-in closet. A large 550+ square foot deck is accessed from both the main living area and primary bedroom, creating a great outdoor living space with wiring already in place for a hot tub. Upstairs offers two additional bedrooms, a full bathroom, and a large loft area, providing excellent space for guests, office use, or a second living area. The land is a special part of this offering, with a mix of flat and sloping terrain, a natural wooded setting, beautiful rock outcroppings, a creek, and additional potential building sites. Seasonal mountain views may be enhanced with selective tree work. The oversized basement garage offers room for two vehicles stacked, storage, workshop space, or mountain toys. Whether you envision a generational homeplace, guest cabins, rental opportunities, or simply keeping the acreage natural and private, this property provides a rare combination of acreage, location, flexibility, and proximity to Grandfather Mountain State Park. Minutes from grocery, restaurants, parks, Grandfather Vineyard, and more, with Boone and Banner Elk approximately 15 minutes away.
Address
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Address: 321 Grays Shadow Lane
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City: Banner Elk
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State/county: NC
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Zip/Postal Code: 28604
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Area: NONE
Details
Updated on July 11, 2026 at 9:02 am-
Property ID 4402280
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Price $1,100,000
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Bedrooms 3
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Bathrooms 3
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Year Built 2002
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Property Type Single Family Residence, Residential
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Property Status Active, For Sale
Additional details
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Listing Terms Cash, Conventional
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Roof Architectural Shingle
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Utilities Cable Available, Fiber Optics
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Sewer Septic Installed
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Cooling Central Air, Heat Pump
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Heating Heat Pump
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County Watauga
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Property Type Residential
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Parking Basement
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Elementary School Valle Crucis
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Middle School Valle Crucis
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High School Watauga
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Architectural Style Cabin
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Contact Information
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