514 Raven Ridge Rd Banner Elk, NC 28604
Estimated payment $14,226/month
Total Views
1,658
3
Beds
4.5
Baths
6,574
Sq Ft
$364
Price per Sq Ft
Highlights
- Airport or Runway
- Golf Course Community
- Fitness Center
- Banner Elk Elementary School Rated A-
- Equestrian Center
- 24-Hour Security
About This Home
Your Pristine Mountain Retreat Awaits.
Discover unparalleled luxury and tranquility in this newly renovated, move-in ready home, nestled on 5.3 acres of breathtaking natural beauty. With 3 plus bedrooms and 4.5 baths, this magnificent property offers an exquisite blend of modern comfort and serene privacy, all just waiting for you to unpack and enjoy. Step inside to find a home thoughtfully updated with a new composite roof and elegant tile flooring throughout. Vaulted ceilings create an airy, expansive feel, leading you into a comfortable living room where a wood-burning fireplace promises cozy evenings. The state-of-the-art kitchen is a chef's dream, boasting new cabinets, countertops, and stainless steel appliances, making meal preparation a delight. Adjacent, the spacious dining room provides a picturesque setting for gatherings, offering expansive mountain views that will inspire every meal. The exquisite primary suite is a true sanctuary, featuring a generous layout and a quiet sitting area perfect for unwinding. The luxurious ensuite bath offers a separate shower and a blissful soaking tub, while a private pergola balcony provides the ideal spot for your morning coffee, serenaded by the sounds of nature. Completing the main level is a beautifully decorated guest suite, ensuring comfort and privacy for visitors. The lower level is an entertainer's paradise. A bright sunroom with a wet bar is perfect for hosting, while a Redwood steam sauna and shower offer a spa-like experience at home. A welcoming family room with a fireplace provides another inviting space to relax. The lower level is an entertainer's paradise with a sunroom, wet bar, and a Redwood steam sauna. It includes one additional guest bedroom with an ensuite bath, plus a bonus room with its own full bath, ensuring every guest feels pampered. Outside, an expansive deck offers abundant space for outdoor entertaining, all while soaking in the stunning mountain views and feeling completely immersed in nature. Explore the meticulously manicured gardens and walking paths that wind through the grounds, inviting you to discover every hidden gem. This magnificent property is being offered fully furnished, making your transition seamless and allowing you to immediately start enjoying the mountain lifestyle you've always dreamed of.
Listing Agent
Elk River Realty Brokerage Phone: 828-898-9777 Listed on: 07/11/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,463
Year Built
- Built in 1985
Lot Details
- 5.3 Acre Lot
- Property fronts a private road
HOA Fees
- $913 Monthly HOA Fees
Parking
- 2 Car Garage
- Driveway
Property Views
- Trees
- Mountain
Home Design
- Traditional Architecture
- Wood Frame Construction
- Shingle Roof
- Architectural Shingle Roof
- Wood Siding
- Stucco Exterior
- Stone
Interior Spaces
- 2-Story Property
- Wet Bar
- Furnished
- Vaulted Ceiling
- 2 Fireplaces
- Wood Burning Fireplace
- Sauna
- Crawl Space
- Home Security System
Kitchen
- Double Oven
- Electric Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Outdoor Features
- Stream or River on Lot
- Covered Patio or Porch
Schools
- Banner Elk Elementary School
- Avery County High School
Horse Facilities and Amenities
- Equestrian Center
Utilities
- Multiple cooling system units
- Forced Air Heating System
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 57 & 58
- Assessor Parcel Number 1848-00-45-7391-00000
Community Details
Overview
- Elk River Subdivision
Amenities
- Airport or Runway
- Clubhouse
Recreation
- Golf Course Community
- Tennis Courts
- Pickleball Courts
- Fitness Center
- Community Pool
Security
- 24-Hour Security
- Gated Community
Map
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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 | $3,126 | $781,400 | $80,000 | $701,400 |
| 2023 | $3,126 | $781,400 | $80,000 | $701,400 |
| 2022 | $3,126 | $781,400 | $80,000 | $701,400 |
| 2021 | $4,416 | $802,900 | $80,000 | $722,900 |
| 2020 | $4,416 | $802,900 | $80,000 | $722,900 |
| 2019 | $4,416 | $802,900 | $80,000 | $722,900 |
| 2018 | $4,416 | $802,900 | $80,000 | $722,900 |
| 2017 | $5,443 | $989,700 | $0 | $0 |
| 2016 | $4,426 | $989,700 | $0 | $0 |
| 2015 | $4,426 | $989,700 | $75,000 | $914,700 |
| 2012 | -- | $1,497,400 | $112,500 | $1,384,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | For Sale | $2,395,000 | +194.2% | $364 / Sq Ft |
| 02/11/2021 02/11/21 | Sold | $814,000 | 0.0% | $143 / Sq Ft |
| 01/12/2021 01/12/21 | Pending | -- | -- | -- |
| 08/02/2019 08/02/19 | For Sale | $814,000 | -- | $143 / Sq Ft |
Source: High Country Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $814,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $900,000 | New Conventional | |
| Previous Owner | $395,000 | New Conventional |
Source: Public Records
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-
$2,300,000
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- 3.5 Baths
- 3,128 Sq Ft
- 324 Sugar View Trail
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Tucked into the mountains just minutes from Banner Elk, this exceptional custom log home offers the ultimate blend of rustic luxury, privacy, & sweeping long-range views. Offered fully furnished, the home welcomes you with wide plank heart of pine floors, soaring cathedral ceilings, & a dramatic stone fireplace framed by floor-to-ceiling windows to take in the breathtaking views! The kitchen is a
Margaret Holder Keller Williams High County
Source: High Country Association of REALTORS®
MLS Number: 256834
APN: 1848-00-45-7391-00000
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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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