Banner Elk is located in Avery County in North Carolina. The Woolly Worm Festival is named after the caterpillars found throughout Banner Elk. Consider booking a room at a local family friendly B&B establishment so you and your children can be close to this thrilling festival. It is held the third weekend in October and has woolly worm races and entertainment. Lees-McRae College Performing Arts hosts a variety of summer performances each year in the area. Smith Quarter Horse Farm is in Banner Elk and offers guided horseback rides. It's open year round. The Lue Ridge parkway, Grandfather Mountain, Linville Falls and Linville Gorge are some scenic landmarks in the area that are must-see attractions. If you are planning to go sight-seeing in the area, consider booking a room at a Banner Elk bed and breakfast or Banner Elk inn. Dan'l Boone Inn Restaurant in Boone offers huge portions. The quality of the food is great! Los Arcoiris Mexican Restaurant offers two locations - one in Boone and another in Banner Elk. It offers authentic Mexican cuisine. Less