NOT LISTED FOR SALE

35 Crestview Ln Banner Elk, NC 28604

Estimated Value: $1,718,000 - $2,375,000

4 Beds
4.5 Baths
4,801 Sq Ft
$407/Sq Ft Est. Value

Last Sold November 07, 2024

Last sale price $1,950,000 $406 Per Sq Ft

Current estimated payment $11,653/month

330 Days on Market

Highlights

  • Airport or Runway
  • Golf Course Community
  • 24-Hour Security
  • Banner Elk Elementary School Rated A-
  • Equestrian Center
  • Gated Community

About This Home

As of November 2024

Welcome to this magnificent mountain estate perched at 3699 ft within the luxurious Elk River Club in the Blue Ridge Mountains! Offered fully furnished and decorated. This 4 bedroom and 4.5 bath home is meticulously maintained and landscaped and exceeds in quality, design and comfort. The entry level features an impressive great room with vaulted tongue-and-groove ceiling, floor-to-ceiling stone fireplace and grand windows picturing the beauty of the mountain views. The kitchen features custom cabinetry, a Wolf range/oven and a Sub_Zero Refrigerator/Freezer. and flows to the breakfast nook, dinning area, distinctive bar and great room.The primary and guest suites are elegantly and tastefully decorated with custom designed closets and high quality finishings in the bathrooms. The laundry and powder room are also on the main level. Walk out to the back porch to enjoy the stunning mountain and golf course views! Step up the beautiful warming maple staircase to catch the sense of quietness and tranquility in the elegant sitting room and guest suite. The downstairs finished basement is the delight of the guests featuring first class amenities like the wine tasting room, the full sized bar with top of the line bar stools, a den with a large game table, a stone fireplace and comfortable sitting area. Add to that an elegant office, a full bathroom and a gorgeous and spacious guest room. Massive windows allow plenty of natural light and bring in the views of the lush nature surrounding the house. The adjacent lot is included in the total of 1.09 acres. Elk River Club is a sought after luxurious gated subdivision sitting on 1200 acres of the Blue Ridge Mountains. Member Amenities include: a Jack Nicklaus Signature Golf Course, 50,000 sqft Clubhouse, Tennis, Fitness & Equestrian Centers and an on-site jetport. Owners can also enjoy the Sunset Park, the Dog Park and the new Pickleball Court. Call now to schedule a personal tour to see this hidden gem in Elk River!

Last Agent to Sell the Property

Rachel Swedlund

EXP Realty LLC Brokerage Phone: (704) 763-1114 Listed on: 10/23/2023

EXP Realty LLC

Last Buyer's Agent

Wendolyn Kulunas

Premier Sotheby's Int'l Realty

Premier Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,565

Year Built

  • Built in 2005

Lot Details

  • 1.09 Acre Lot
  • Property fronts a private road

HOA Fees

  • $511 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Golf Course
  • Mountain

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Shake Roof
  • Wood Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Furnished
  • Vaulted Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Crawl Space
  • Attic

Kitchen

  • Gas Cooktop
  • Recirculated Exhaust Fan
  • <<microwave>>
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Banner Elk Elementary School
  • Avery Middle School
  • Avery County High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Propane
  • Gas Water Heater
  • High Speed Internet

Additional Features

  • Covered patio or porch
  • Equestrian Center

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 1848-01-28-6299-00000

Community Details

Overview

  • Private Membership Available
  • Elk River Subdivision

Amenities

  • Airport or Runway
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Community Pool

Security

  • 24-Hour Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,565

Year Built

Built in 2005

Lot Details

0

HOA Fees

$511 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.09
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Elk River
  • Above Grade Finished Sq Ft: 2874.0
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2005
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (704) 763-1114
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Freezer, Gas Cooktop, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1927.0
  • Fireplace Features: Two, Gas, Stone, Vented, Wood Burning, Propane
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Attic, Wet Bar, Furnished, Vaulted Ceiling(s), Window Treatments
  • Living Area: 4801.0
  • Stories: 2
  • Window Features: Double Pane Windows, Screens, Window Treatments

Exterior Features

  • Pool Features: Community
  • View: Golf Course, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Stone, Wood Siding, Wood Frame
  • Exterior Features: Paved Driveway
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Shake, Wood

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Two Car Garage, Paved, Private

Utilities

  • Laundry Features: Main Level
  • Security: 24 Hour Security
  • Cooling: Electric, 2 Units
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Propane
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Equestrian Community, Golf, Gated, Pickleball, Pool, Airport/Runway, Tennis Court(s), Long Term Rental Allowed
  • Association Fee: 6137.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk
  • High School: Avery County
  • Middle Or Junior School: Avery

Lot Info

  • Parcel #: 1848-01-28-6299-00000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4565.21
  • Tax Book Number: 00393/3256

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2023
Closed on
Oct 15, 2024
Sold by
Kanipe Gary R and Kanipe Brenda H
Bought by
Mcfatter Clarence Gregory
Seller's Agent
Rachel Swedlund
EXP Realty LLC
Buyer's Agent
Wendolyn Kulunas
Premier Sotheby's Int'l Realty
List Price
$2,275,000
Sold Price
$1,950,000
Premium/Discount to List
-$325,000
-14.29%
Views
119
Current Estimated Value
$1,956,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,404
Avg. Annual Appreciation
0.49%

Purchase Details

Closed on
Aug 19, 2005
Sold by
Kanipe Gary R and Kanipe Brenda
Bought by
Jacobson Martin G
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcfatter Clarence Gregory $1,950,000 None Listed On Document
Jacobson Martin G $500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2024 11/07/24 Sold $1,950,000 -10.3% $406 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
06/18/2024 06/18/24 Price Changed $2,175,000 -4.4% $453 / Sq Ft
10/24/2023 10/24/23 For Sale $2,275,000 -- $474 / Sq Ft
Source: High Country Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $4,045 $1,011,300 $130,000 $881,300
2022 $4,045 $1,011,300 $130,000 $881,300
2021 $4,157 $755,900 $150,000 $605,900
2020 $4,157 $755,900 $150,000 $605,900
2019 $4,157 $755,900 $150,000 $605,900
2018 $4,157 $755,900 $150,000 $605,900
2017 $4,452 $809,500 $0 $0
2016 $3,620 $809,500 $0 $0
2015 $3,620 $809,500 $100,000 $709,500
2012 -- $56,300 $56,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 246495

High Country Association of REALTORS®

APN: 1848-01-28-6299-00000