45 Dunvegan Rd Banner Elk, NC 28604
Estimated payment $13,880/month
Highlights
- Views of Ski Resort
- Guest House
- Home fronts a creek
- Banner Elk Elementary School Rated A-
- Spa
- Gated Community
About This Home
Just below awe-inspiring Dunvegan Peak, this exceptional estate, offering over 7,400 square feet of living space, boasts views of Sugar Mountain and Grandfather Mountain. The home’s gracious layout and upscale finishes are thoughtfully designed to support multi-generational living. Go into the expansive great room where vaulted ceilings, warm wood details and a floor-to-ceiling stone fireplace set the tone for timeless mountain elegance. Enjoy year-round views in the glass-enclosed sunroom, complete with a stunning stone fireplace. The gourmet kitchen is equally impressive, featuring stainless steel appliances, a large island and access to two decks. Included in this side of the south wing is a half bath, laundry room and elevator. The north wing boasts a luxurious primary suite with spa-inspired bath, jetted tub, glass-door shower and dual vanities, along with a walk-in closet. Two additional guest suites each feature onyx stone baths and walk-in closets. One of the suites also includes a light-filled office with views and direct access to a side deck. For large groups or guests, the lower level offers remarkable flexibility with a fourth bedroom suite, three additional bonus rooms used as sleeping quarters, two additional full baths, a second laundry room, full pantry, workshop, fitness room, cozy den, and an expansive family/game room complete with a bar. Additional highlights include some radiant-heated tile flooring on the lower level, bamboo flooring, multiple garages and carports, and storage. Gently graded steps lead to the lower carport, leading to two additional sleeping rooms, a full bath, electric baseboard heat and garage with select appliances. Ideally minutes from dining and grocery options, it is also a short drive to Sugar Mountain Resort & Golf and heart of downtown Banner Elk. Listing brokers are in the process of finding permits for the basement remodel and addition. Seller is working to finalize four outstanding permits with Avery Co. There is a pending lawsuit against POA for STR restrictions.
Listing Agent
Premier Sotheby's Int'l Realty Brokerage Phone: (828) 337-0221 Listed on: 04/21/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,194
Year Built
- Built in 1994
Lot Details
- 2.99 Acre Lot
- Home fronts a creek
- Property fronts a private road
HOA Fees
- $200 Monthly HOA Fees
Property Views
- Ski Resort
- Mountain
Home Design
- Mountain Architecture
- Wood Frame Construction
- Shingle Roof
- Architectural Shingle Roof
Interior Spaces
- 2-Story Property
- Living Quarters
- Vaulted Ceiling
- Skylights
- 3 Fireplaces
- Gas Fireplace
- Propane Fireplace
- Double Pane Windows
- Window Treatments
- Casement Windows
- Radiant Floor
Kitchen
- Built-In Oven
- Gas Cooktop
- Recirculated Exhaust Fan
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Secondary Bathroom Jetted Tub
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Laundry in Basement
Parking
- Garage
- Carport
- Basement Garage
- Driveway
Outdoor Features
- Spa
- Open Patio
- Fire Pit
- Outbuilding
- Porch
Additional Homes
- Guest House
Schools
- Banner Elk Elementary School
- Avery County High School
Utilities
- No Cooling
- Forced Air Zoned Heating System
- Heating System Uses Propane
- Baseboard Heating
- 220 Volts
- Power Generator
- Private Water Source
- Well
- Tankless Water Heater
- Gas Water Heater
- Septic Tank
- Septic System
- Private Sewer
- High Speed Internet
Listing and Financial Details
- Tax Lot 22
- Assessor Parcel Number 1867-05-27-2966-00000
Community Details
Overview
- Tynecastle Subdivision
Additional Features
- Gated Community
- Elevator
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,194 | $1,298,400 | $75,000 | $1,223,400 |
| 2023 | $4,315 | $1,298,400 | $75,000 | $1,223,400 |
| 2022 | $4,315 | $1,078,700 | $75,000 | $1,003,700 |
| 2021 | $6,013 | $1,093,300 | $150,000 | $943,300 |
| 2020 | $2,755 | $500,900 | $150,000 | $350,900 |
| 2019 | $2,584 | $469,800 | $150,000 | $319,800 |
| 2018 | $2,396 | $435,600 | $150,000 | $285,600 |
| 2017 | $2,498 | $454,200 | $0 | $0 |
| 2016 | $2,031 | $454,200 | $0 | $0 |
| 2015 | $2,031 | $454,200 | $150,000 | $304,200 |
| 2012 | -- | $696,500 | $200,000 | $496,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2025 06/27/25 | Price Changed | $2,450,000 | -10.9% | $330 / Sq Ft |
| 04/21/2025 04/21/25 | For Sale | $2,750,000 | +525.0% | $371 / Sq Ft |
| 11/13/2017 11/13/17 | Sold | $440,000 | 0.0% | $120 / Sq Ft |
| 10/14/2017 10/14/17 | Pending | -- | -- | -- |
| 04/23/2017 04/23/17 | For Sale | $440,000 | -- | $120 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $440,000 | None Available |
Source: High Country Association of REALTORS®
MLS Number: 254498
APN: 1867-05-27-2966-00000
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.
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.
- 86 Tyneridge Rd
- 45 Dunbarton Rd
- 185 Dunbarton Rd
- TBD Tynecastle Dr
- 155 & 89 Sugar Bear Ridge Ln
- Lot B Tyneridge Dr
- Lot 35 Tynecastle Dr
- 197 Arnett Rd
- 771 Arnett Rd
- 72 Arnett Rd
- 174 Grouse Moor Dr Unit 8
- 174 Grouse Moor Dr Unit 2
- 118 Paupers Ridge Ln
- 1222 Cranberry Ridge
- 110 Forest Run
- 150 Squirrel Corn Ln
- 116 Adams Apple Dr
- 76 Creekside Dr Unit B
- 64 Creekside Dr Unit A
- 64 Creekside Dr Unit B
- 58 Creekside Dr Unit B
- 2780 Tynecastle Hwy
- 100 Moss Ridge Unit FL9-ID1039609P
- 100 High Country Square
- 303 Sugar Top Dr Unit 2302
- 303 Sugar Top Dr Unit 2207
- 10884 Nc Highway 105 S
- 10882 N Carolina 105
- 360 Devils Lake Dr
- 150 Hornbeam Rd
- 116 Shagbark Rd
- 530 Marion Cornett Rd
- 682 Windridge Dr
- 135 Caleb Dr Unit 4
- 205 Houston Harmon Rd
- 615 Fallview Ln
- 187 Pine Village
- 187 Pine Village
- 156 Tulip Tree Ln
- 1121 Linville Creek Rd