527 Red Tailed Hawk Rd Banner Elk, NC 28604
4
Beds
5
Baths
4,920
Sq Ft
6.24
Acres
Highlights
- River Access
- Spa
- Waterfall on Lot
- Valle Crucis Elementary School Rated A-
- Fishing
- Views of Trees
About This Home
As of November 2020Captivating Valle Crucis home that offers the mountain lifestyle you've been searching for! This luxurious home has been completely remodeled and redesigned. Sitting on over 6 beautifully landscaped acres, this home is located just across the Watauga River from the Original Mast Store & Valle Crucis Community Park. An elegant dining room with generous seating, a cooking enthusiasts dream kitchen with stainless appliances & granite countertops, and heart pine wood floors highlight the first level.The primary bedroom on main is impeccable, offering a spacious master bath with a whirlpool tub overlooking the gardens. The walk-in closet is impressive in size and offers plenty of storage. An additional full bath & guest bedroom are on the main floor along with laundry. As you climb the stairs to the second level you will find two more master suites and at the very top an adorable bonus space! The lower level is designed for FUN! Enjoy movies, games, ping-pong, exercise, music, and another bedroom & bathroom. Walkout to the hot tub with a lovely view of the valley. Impressive rental income history makes this an ideal investment property but can also make for a perfect primary residence.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,968
Year Built
- Built in 1983
Lot Details
- 6.24 Acre Lot
- Home fronts a stream
- Property fronts a private road
- Southern Exposure
- Partially Wooded Lot
Parking
- 2 Car Attached Garage
- Driveway
Property Views
- Trees
- Pasture
- Mountain
- Seasonal
Home Design
- Traditional Architecture
- Mountain Architecture
- Slab Foundation
- Wood Frame Construction
- Metal Roof
- Wood Siding
- Cedar
- Stone
Interior Spaces
- 3-Story Property
- Wet Bar
- Furnished
- Vaulted Ceiling
- 3 Fireplaces
- Wood Burning Fireplace
- Gas Fireplace
- Propane Fireplace
- Window Treatments
Kitchen
- Built-In Double Oven
- Gas Range
- Recirculated Exhaust Fan
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 5 Full Bathrooms
- Secondary Bathroom Jetted Tub
Laundry
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Outdoor Features
- Spa
- River Access
- Stream or River on Lot
- Covered patio or porch
- Waterfall on Lot
- Fire Pit
- Shed
- Outbuilding
Schools
- Valle Crucis Elementary School
- Watauga High School
Utilities
- Two Cooling Systems Mounted To A Wall/Window
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Propane
- Heat Pump System
- Hot Water Heating System
- 220 Volts
- Private Water Source
- Well
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Short Term Rentals Allowed
- Long Term Rental Allowed
- Assessor Parcel Number 1980-27-7814-000
Community Details
Overview
- No Home Owners Association
Recreation
- Fishing
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 27, 2020
Closed on
Nov 9, 2020
Sold by
Bullard Melanie Irene and Waters Randall Allen
Bought by
Three Monkeys Ventures Llc
Seller's Agent
Susan Stelling
EXP Realty LLC
Buyer's Agent
Sarah Long
828 Real Estate
List Price
$1,225,000
Sold Price
$1,225,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Purchase Details
Closed on
Jan 18, 2007
Sold by
Petts Deidre B and Petts William Ronald
Bought by
Petty Deidre B and The Deidre B Petts Revocable Living Trus
Similar Homes in Banner Elk, NC
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,225,000 | None Available | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $424,100 | New Conventional | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $200,000 | Stand Alone Second |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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®
Tax History Compared to Growth
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
Agents Affiliated with this Home
-
April Weaver-Taracido
Seller's Agent in 2025
April Weaver-Taracido
Allen Tate Ashe High Country Realty
(828) 266-8055
3 in this area
168 Total Sales
-
Susan Stelling
Seller's Agent in 2020
Susan Stelling
EXP Realty LLC
(828) 208-2094
21 in this area
102 Total Sales
-
Sarah Long
Buyer's Agent in 2020
Sarah Long
828 Real Estate
(828) 773-2413
26 in this area
146 Total Sales
Map
Source: High Country Association of REALTORS®
MLS Number: 222264
APN: 1980-27-7814-000
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