$1,100,000
NEW CONSTRUCTION $50K PRICE DROP

438 Sky Rock Trail Banner Elk, NC 28604

Estimated payment $6,208/month

Total Views 2,881
3 Beds
5 Baths
2,338 Sq Ft
$470 Price per Sq Ft

Highlights

  • New Construction
  • Open Floorplan
  • Deck
  • Valle Crucis Elementary School Rated A-
  • Mountain View
  • Wooded Lot

About This Home

Beautiful Modern Mountain New Construction Home located in the MontEagle Subdivision of Banner Elk, NC. This home is roughly a 7 to 10 minute drive to downtown Banner Elk and has mid and long range mountain views off the front and back of the home. This detailed home consists of poured concrete foundations walls, web truss flooring system, 2x6 constructed walls, foam insulation, sierra pacific high wind windows, timber framed porches & decks, 2 gas log fireplaces, 3/4" site finished hardwood floors, custom tile bathrooms, wood cabinets, quartz countertops, delta faucets, 3 bedrooms each having their own full bathroom attached, 2 powder rooms, 1 car garage w/ EV charger, tankless water heater, dual fuel HVAC system, hot tub engineered lower deck, vaulted ceilings in living room & kitchen area, walk in closets, walk in pantry, plenty of storage closets, drop zone, lower den area for bunk beds and exercise room/media room.

Listing Agent

Chris Martin

New Angle Realty Brokerage Email: chris@newanglerealty.com License #227543 Listed on: 06/11/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $673

Year Built

  • Built in 2024 | New Construction

Lot Details

  • Wooded Lot
  • Property is zoned R1

HOA Fees

  • $77 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Rustic Architecture
  • Slab Foundation
  • Wood Siding
  • Stone Veneer

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Gas Fireplace
  • Propane Fireplace
  • Insulated Windows
  • Mud Room
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Kitchen

  • Self-Cleaning Convection Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Basement Storage
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Outdoor Fireplace
  • Front Porch

Schools

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

Farming

  • Pasture

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Propane
  • Tankless Water Heater
  • Propane Water Heater
  • Septic Tank
  • Fiber Optics Available

Community Details

  • Monteagle Property Owners Association
  • Built by M Five Homes LLC
  • Monteagle Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 1869-17-9796-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$673

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$77 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Rustic, Traditional, Other
  • Year Built: 2024
  • Restrictions: Architectural Review,Deed,Square Feet
  • Proposed Completion Date: 2024-11-17
  • Road Surface Type: Gravel, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 470.49
  • Bedroom Lower: 1
  • Geocode Confidence: High
  • Attribution Contact: chris@newanglerealty.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Drop Zone, Kitchen Island, Open Floorplan, Pantry, Split Bedroom, Storage, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 1018
  • Main Level Sq Ft: 1320
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Lower: 365
  • Sq Ft Unheated Total: 365
  • Sq Ft Upper: 0
  • Appliances: Convection Oven, Dishwasher, Disposal, Electric Range, Gas Range, Microwave, Propane Water Heater, Refrigerator, Self Cleaning Oven, Tankless Water Heater
  • Other Equipment: Fuel Tank(s)
  • Above Grade Finished Sq Ft: 2338
  • Has Basement: Daylight, Finished, Interior Entry, Storage Space, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Door(s), Sliding Doors
  • Fireplace Features: Gas, Gas Log, Gas Unvented, Living Room, Outside, Propane
  • Living Area: 2338
  • Window Features: Insulated Window(s)
  • Bedroom Main: 2
  • Room Count: 13

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Long Range, Mountain(s), Year Round
  • Waterfront Elevation: 4000
  • Construction Type: Stone Veneer, Wood
  • Patio And Porch Features: Deck, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 365
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Parking Space(s)

Utilities

  • Heating: Central, Electric, Forced Air, Heat Pump, Propane
  • Sewer: Septic Installed
  • Laundry Features: In Basement
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Utilities: Electricity Connected, Fiber Optics, Propane, Underground Power Lines
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 925
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Monteagle Property Owners Association

Association/Amenities

  • Association Annual Expense: 925.00

Schools

  • Middle Or Junior School: Avery County
  • HOA Subject To: Required

Lot Info

  • Lot Features: Pasture, Wooded, Views
  • Lot Size Area: 1.26
  • Lot Size Units: Acres
  • Parcel Number: 1869-17-9796-000
  • Development Status: Completed
  • Additional Parcels: No
  • Zoning Specification: R1

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: M Five Homes LLC

MLS Schools

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

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $673 $182,800 $144,700 $38,100
2023 $533 $144,700 $144,700 $0
2022 $1,129 $144,700 $144,700 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 Price Changed $1,100,000 -3.1% $470 / Sq Ft
06/29/2025 06/29/25 Price Changed $1,135,000 -1.3% $485 / Sq Ft
06/11/2025 06/11/25 For Sale $1,150,000 -- $492 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $320 None Listed On Document
Warranty Deed $230,000 None Listed On Document
Warranty Deed $920 None Listed On Document
Warranty Deed $140,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $814,500 Construction
Closed $127,920 New Conventional
Closed $142,425 New Conventional
Source: Public Records

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4270077

Canopy MLS (Canopy Realtor® Association)

APN: 1869-17-9796-000