NOT LISTED FOR SALE

365 Falcon View Dr Banner Elk, NC 28604

Estimated Value: $1,580,627 - $1,894,000

4 Beds
3.5 Baths
3,345 Sq Ft
$519/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $1,500,000 $448 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,664/month

14 Days on Market

Highlights

  • 3.26 Acre Lot
  • Mountain Architecture
  • Covered Patio or Porch
  • Valle Crucis Elementary School Rated A-
  • Attic
  • 2 Car Attached Garage

About This Home

As of June 2023

NEW CONSTRUCTION W/HUGE VIEWS! 3,400 +/- sq-ft luxury retreat nestled on a mountain top with long range layered mountain views including Howard's Knob, Snake Mountain, Rich Mountain, Dutch Creek & Valle Mountain. Cool summers at 3,900’ altitude & minutes from Banner Elk & Historic Valle Crucis. The spacious, open concept offers a custom wooden front door entrance, modern propane fireplace, unique interior poplar bark and other accents, custom kitchen w/full granite backsplash & countertops, modern industrial fixtures and a commercial gas stove. Energy-efficient amenities like a tankless propane water heater & 2 separate furnaces including dual fuel heating/cooling systems throughout the home. Offering 4 large bedrooms with oversized closets, 3.5 baths with granite and industrial fixtures, and an unfinished room over the garage ready for the perfect design. A full size laundry care center with mud room access to the oversized 2 car garage and spacious master suite offering big views and an oversized 2-head shower with window in the master bath. This 3+ acre estate includes a covered front porch and rear partially covered deck overlooking the mountain views of three different states

Last Agent to Sell the Property

Bill Aceto

Blue Ridge Realty & Inv. Boone 895 Listed on: 06/15/2023

Co-Listed By

Linda Cramblit

Blue Ridge Realty & Inv. - Banner Elk

Last Buyer's Agent

Colette Wakeman

Wakeman Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $197

Year Built

  • Built in 2023

Lot Details

  • 3.26 Acre Lot
  • Property fronts a private road

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Gravel Driveway

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,345 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Window Screens
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Gas Range
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Private Water Source
  • Well
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • Otherseeremarks Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 1879-07-8520-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$197

Year Built

Built in 2023

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.26
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Co List Office Mls Id: 3769
  • Co List Office Phone: 828-737-3100
  • Subdivision Name: OtherSeeRemarks
  • Above Grade Finished Sq Ft: 3345.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2023
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 828-737-3100
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Range, Gas Water Heater, Tankless Water Heater, Washer
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: One, Gas, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Attic
  • Living Area: 3345.0
  • Stories: 2
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Gravel Driveway
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Architectural, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Fireplace(s), Heat Pump, Propane, Zoned
  • Heating Yn: Yes
  • Sewer: Septic Permit 4 Bedroom
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1879-07-8520-000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 197.0
  • Tax Book Number: 1841/690
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Jun 29, 2023
Sold by
Palazzo Anthony
Bought by
Grimes Richard H and Grimes Allison
Seller's Agent
Bill Aceto
Blue Ridge Realty & Inv. Boone 895
Buyer's Agent
Colette Wakeman
Wakeman Properties
List Price
$1,700,000
Sold Price
$1,500,000
Premium/Discount to List
-$200,000
-11.76%
Views
17
Current Estimated Value
$1,737,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,314
Avg. Annual Appreciation
4.66%

Purchase Details

Closed on
Jan 4, 2016
Sold by
The Maria Accetturo Grantor Trust and Accetturo Maria A
Bought by
Palazzo Anthony
Source: Public Records

Range of Values:

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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
Grimes Richard H $1,500,000 None Listed On Document
Palazzo Anthony $500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palazzo Anthony $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $1,500,000 -11.8% $448 / Sq Ft
06/15/2023 06/15/23 For Sale $1,700,000 -- $508 / 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
2024 $2,955 $774,900 $108,000 $666,900
2023 $397 $673,500 $108,000 $565,500
2022 $397 $108,000 $108,000 $0
2021 $0 $62,000 $62,000 $0
2020 $281 $62,000 $62,000 $0
2019 $281 $62,000 $62,000 $0
2018 $250 $62,000 $62,000 $0
2017 $250 $62,000 $62,000 $0
2013 -- $62,000 $62,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Bill Aceto

    Seller's Agent in 2023

    Bill Aceto

    Blue Ridge Realty & Inv. Boone 895

    (828) 355-3311

    23 in this area

    241 Total Sales

    Bill Aceto
    Section Image
  • Linda Cramblit

    Seller Co-Listing Agent in 2023

    Linda Cramblit

    Blue Ridge Realty & Inv. - Banner Elk

    (828) 737-3100

    79 in this area

    189 Total Sales

    Linda Cramblit
    Section Image

  • C

    Buyer's Agent in 2023

    Colette Wakeman

    Wakeman Properties

    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 243623

High Country Association of REALTORS®

APN: 1879-07-8520-000

North Carolina Watauga County Banner Elk 28604

365 Falcon View Dr, Banner Elk, NC

This home is located at 365 Falcon View Dr, Banner Elk, NC 28604 since 15 June 2023 and is currently estimated at $1,737,314, approximately $519 per square foot. This property was built in 2023. 365 Falcon View Dr is a home located in Watauga County with nearby schools including Valle Crucis Elementary School and Watauga High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

High Country Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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