$1,998,000
UNDER CONTRACT $277K PRICE DROP

527 Red Tailed Hawk Rd Banner Elk, NC 28604

Estimated payment $10,956/month

Total Views 2,852
4 Beds
5 Baths
4,920 Sq Ft
$406 Price per Sq Ft

Highlights

  • Spa
  • 6.2 Acre Lot
  • Mountain Architecture
  • Valle Crucis Elementary School Rated A-
  • Cathedral Ceiling
  • Steam Shower

About This Home

Perched above the Watauga River and only minutes from the Mast General Store and Valle Crucis Park, this New-England saltbox style estate offers over 6 acres. The setting promises rare privacy without surrendering the charm of one of the High Country’s most beloved communities. A gracious foyer opens to a dramatic great room where vaulted, timber-beamed ceilings soar above a stacked-stone fireplace. French doors invite gatherings onto an expansive rear deck, seamlessly knitting the indoor and outdoor living spaces. Centered on entertaining, the chef’s kitchen showcases granite worktops, stainless appliances, and a colossal island with bar seating and prep sink. Just a half flight up from the great room with it's own wing, the primary suite frames postcard views and offers a luxurious ensuite bath with heated flooring, dual vanities, soaking tub, and walk-in steam shower. A dual entry dining room with adjoining sitting area flow to a covered deck for al-fresco cocktails and conversation. Completing the main level a spacious guest room linked to a Jack-and-Jill full bath, along with a mud-laundry room with sink, storage, and exterior entry, perfect after time spent in the nearby garden shed. Just a few steps down, from the great room you’ll find access to the oversized two-car garage. Upstairs, 2 generous guest suites each boast an ensuite bath with tub and separate shower, while a charming dormered bonus room serves perfectly as extra sleeping quarters, studio, or study. Descending from the foyer, a shiplap-wrapped family room hosts movie nights, ping-pong, and card games. Two versatile rooms-ideal for overflow guests or hobbies flank a full bath. French doors open to a stone patio with a steaming hot tub. Only steps away, spend starlit evenings by the dancing flames of the natural stone fire pit. Timeless architecture, luxury finishes, and an unmatched Valle Crucis address make this estate equally suited as a primary residence, coveted retreat, or a vacation rental.

Listing Agent

April Weaver-Taracido

Howard Hanna Allen Tate Ashe High Country Realty Brokerage Phone: (336) 246-6348 Listed on: 06/20/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,355

Year Built

  • Built in 1984

Lot Details

  • 6.2 Acre Lot
  • Property fronts a private road

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Mountain Architecture
  • Cottage
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Tray Ceiling
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Stone Fireplace
  • Finished Basement

Kitchen

  • Gas Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms
  • Soaking Tub
  • Steam Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Covered Patio or Porch
  • Shed

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System
  • Shared Well
  • Fuel Tank Located in Ground
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 1980277814000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,355

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 6.2
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: Driving from Boone take HWY 105 Turn Right onto Broadstone Road, follow Broadstone for about 2.3 miles and then turn Right onto Dewitt Barnett Road. Driver over the low bridge over the Watauga River and then turn Left onto Red Tailed Hawk Road. Follow Red Tailed Hawk road and turn right to stay on Red Tailed Hawk Road when it splits to Joe Pye Ln. 527 is the first driveway on the left.
  • Above Grade Finished Sq Ft: 3334.0
  • Architectural Style: Cottage, Mountain, Saltbox
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 1984
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (336) 246-6348
  • General Property Information Below Grade Unfinished Area: 169.0
  • Special Features: 4224
  • Stories: 3

Interior Features

  • Furnished: Furnished
  • Private Spa: Yes
  • Appliances: Dryer, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1586.0
  • Fireplace Features: Stone, Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Tray Ceiling(s), Cathedral Ceiling(s), Furnished, Vaulted Ceiling(s)
  • Living Area: 4920.0
  • Stories: 3

Exterior Features

  • Disclosures: Buried Fuel Tanks
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Hot Tub/Spa, Paved Driveway
  • Foundation Details: Basement
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Open
  • Roof: Metal

Garage/Parking

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

Utilities

  • Laundry Features: Main Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Permit Unavailable
  • Utilities: High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1980277814000

Tax Info

  • Tax Annual Amount: 4355.0
  • Tax Book Number: 2141/187

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $4,355 $1,155,600 $130,900 $1,024,700
2023 $4,333 $1,155,600 $130,900 $1,024,700
2022 $4,333 $1,155,600 $130,900 $1,024,700
2021 $0 $637,700 $108,100 $529,600
2020 $2,968 $637,500 $107,900 $529,600
2019 $2,968 $637,500 $107,900 $529,600
2018 $2,649 $637,500 $107,900 $529,600
2017 $2,649 $637,500 $107,900 $529,600
2013 -- $743,900 $154,300 $589,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2025 07/27/25 Price Changed $1,998,000 -12.2% $406 / Sq Ft
06/20/2025 06/20/25 For Sale $2,275,000 +85.7% $462 / Sq Ft
11/10/2020 11/10/20 Sold $1,225,000 0.0% $249 / Sq Ft
10/11/2020 10/11/20 Pending -- -- --
06/27/2020 06/27/20 For Sale $1,225,000 -- $249 / Sq Ft
Source: High Country Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,225,000 None Available
Quit Claim Deed -- None Available
Source: Public Records

Source: High Country Association of REALTORS®

MLS Number: 256339

High Country Association of REALTORS®

APN: 1980-27-7814-000