2981 Banner Elk Highway Banner Elk, NC $ 5,200,000
2981 Banner Elk Highway
$ 5,200,000
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2981 Banner Elk Highway

Banner Elk, NC, 28604
$ 5,200,000
Bedrooms6 Baths6.1 Sq 6,292

Monthly Estimate*

$ 34,561

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View a Virtual Tour

Single Family Home for sale in Banner Elk, NC

for $5,200,000 with 6 bedrooms and 6 full baths, 1 half bath. This 6,292 square foot home was built in 2009 on a lot size of 10.05.

Introducing a majestic mountain lodge on 10 acres of land bordering both sides of the Elk River, a haven for trout fishing enthusiasts. Boasting over 7000 square feet of rustic elegance, this retreat offers six-bedroom suites plus a large bunk room with eight beds. The grandeur of the great room with its two-story stone fireplace is stunning and at the same time, a welcoming space. Culinary delights await in the expansive gourmet kitchen accompanied by a butler’s pantry equipped with a commercial refrigerator, separate freezer and an extra dishwasher, seamlessly catering to your every need. One of two laundries is adjacent to the pantry, ensuring effortless convenience. A primary suite is on the main level with two guest suites on the second level at either end of the loft library. Downstairs are three more guest suites and a full kitchen in the large family/bunk room. Experience unparalleled outdoor living on the sprawling 1,700-square-foot upper deck, complete with a full kitchen, large stone wood-burning fireplace and a rejuvenating hot tub. Enveloped by the soothing sounds of nature, a firepit area beckons along a winding path. Additional highlights include an oversized two-car garage with a large laundry in the back room and a charming apartment on the second floor. This home is crafted from laminated white pine logs, renowned for their superior construction that resists shrinkage and checking and is energy efficient. Resting on a solid pour foundation, every detail reflects meticulous craftsmanship and enduring quality. Embrace the epitome of luxury living in this exquisite sanctuary where every detail is crafted to perfection. This magnificent property operates as a bed and breakfast but would make a terrific private residence for a large family or perhaps a fractional with several owners. Please note there is a discrepancy between the professional measurements and tax records for total heated square footage.

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Single Family Active

Price

$ 5,200,000

Bedrooms

6

Full Bath

6

Half Bath

1

Property Type

Single Family

Taxes

$ 6,765

Style

Single Family

Lot Size

10.05

Year Built

2009

Town/City

Banner Elk

County/Region

Avery

MLS | Web ID

248713

Features
General
Interior Features WetBar CarbonMonoxideDetector CentralVacuum Furnished HotTubSpa SecondKitchen VaultedCeilings WindowTreatments JettedTub
Sewer SepticPermit5orMoreBedroom SewerAppliedforPermit SepticTank
Heating Fireplaces Geothermal
Cooling CentralAir HeatPump
Utilities HighSpeedInternetAvailable SepticAvailable
Roof Metal
Appliances DoubleOven Dryer Dishwasher ExhaustFan GasRange GasWaterHeater Microwave Refrigerator Washer
Exterior Features FirePit HotTubSpa OutdoorGrill OutdoorKitchen Storage GravelDriveway
Garage Spaces 2.0
Patio/Porch Features Covered Multiple Open
Architectural Style Craftsman LogHome Mountain
Construction Materials Log StoneVeneer WoodFrame
Year Built 2009
Electric Generator
View Mountains River
Stories 3
Levels ThreeOrMore
Property SubType SingleFamilyResidence
Waterfront Features RiverFront RiverAccess Stream
Community Features River LongTermRentalAllowed ShortTermRentalAllowed
Assoc Fee Paid Per Annually
County Avery
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage N
Subdivision Name None
Garage Y/N Y
Other Structures GuestHouse LivingQuarters Sheds
Status Active
High School Watauga
City Banner Elk
View Y/N Y
Senior Community Y/N N
Zoning Description None Residential
MLS Area 8-Banner Elk
Lot Size Units Acres
Waterfront Y/N N
Carport Y/N N
Street Name Banner Elk
Spa Features HotTub
Elementary School Banner Elk
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 6765.01
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 21
Standard Status Active
Virtual Tour https://www.youtube.com/watch?v=3Tfw42Ca_Uw
Property Sub Type Additional SingleFamilyResidence
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Interior
Basement Full Finished
Total Fireplaces 3
Fireplace Features Three Stone Outside Propane WoodBurning
Total Stories 3
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Window Features DoublePaneWindows WindowTreatments
Fireplace Y/N Y
Above Grade Finished Area 3720.0
Full Baths 6
Half Baths 1
Street Suffix Highway
Laundry Features WasherHookup DryerHookup InBasement MainLevel
Total Bedrooms 6
Below Grade Finished Area 2572.0
Electric On Property Y/N N
Total Baths 7
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Exterior
Parking Features Driveway Detached Garage TwoCarGarage Gravel Oversized PorteCochere Private
Water Source Private Well
Lot Size Area 10.05
Foundation Details Basement
Spa Y
Building Area Total 6406.0
Lot Size Acres 10.05
Road Surface Type Paved
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2981
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* Excluded Features
List By
Premier Sotheby's Int'l Realty

Broker

(828) 429-7011

Contact

Affordability Calculator

$35,125
Per Month
98%
2%
0%
Monthly Principal & Interest
$34,561
Monthly Property Taxes
$564
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4062273 Elementary School
4062211 Middle School
Watauga High School High School
Pricing History
DatePricePrice ChangeDescription
5/16/2024$5,200,000 Listed Price

Map


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2981 Banner Elk Highway, Banner Elk, NC, 28604 is a Single Family Home for sale at $5,200,000 with 6,292 sqft and a lot size of 10.05. 2981 Banner Elk Highway has 6 bedrooms, 6.1 baths, and was built in 2009. The property's zip code is 28604 which is in Banner Elk, NC