534 Farm Loop Rd Banner Elk, NC 28604
Banner Elk AreaEstimated payment $20,552/month
Highlights
- Popular Property
- Home fronts a pond
- 3.28 Acre Lot
- Views of Ski Resort
- Gated Community
- Outdoor Fireplace
About This Home
First Time on the Market! Welcome to this Exceptional Custom One-Level Living Mountain Estate situated on 3.28 acres, thoughtfully designed and built by a renowned custom home builder as his own personal summer residence. Completed in April 2023, this one-of-a-kind home showcases superior craftsmanship, premium materials, and meticulous attention to detail throughout. Perfectly positioned on one of the highest and largest homesites in The Farm at Banner Elk, this spectacular property sits at approximately 4,000 feet in elevation, offering breathtaking Grandfather Mountain profile views while providing the rare combination of in-town convenience and the peaceful feel of a private gated country retreat. Designed for both luxury and longevity, the home features a maintenance-free exterior—a significant advantage over many traditional mountain homes—as well as top-of-the-line Pella Architectural Low-E DP50 top wind rated insulated windows and doors for outstanding energy efficiency and comfort. Quartz or Granite countertops throughout the home. Premium Thermador appliances. Offering approximately 4,200 square feet of heated living space, this 4-bedroom, 4.5-bath residence is ideal for everyday living and entertaining. *Only the large Family Room fireplace can be converted to woodburning if new owner chooses to do so. Enjoy the comfort of a heated master bathroom floor. Outdoor living is elevated with an incredible 1,000-square-foot covered view deck complete with a summer kitchen featuring a built-in grill, refrigerator, sink, stone fireplace, and television—perfect for enjoying the cool mountain air and unforgettable sunsets. Car enthusiasts and hobbyists will appreciate the impressive 1,500+-square-foot garage, accommodating 4 to 6 vehicles, garage has a 50 amp hookup for EV charging while the home encompasses an impressive 6,877 square feet under roof including deck. Being offered fully furnished and professionally decorated (excluding seller-designated items), this turnkey mountain retreat also includes the adjacent homesite, providing added privacy, the opportunity to build another home, or the flexibility to sell the additional lot in the future. This is a rare opportunity to own one of Banner Elk's finest custom homes—where luxury, quality, location, and spectacular mountain views come together in an extraordinary offering.
Listing Agent
Blue Ridge Realty & Inv. - Banner Elk Brokerage Phone: (828) 737-3100 Listed on: 07/27/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,898
Year Built
- Built in 2023
Lot Details
- 3.28 Acre Lot
- Home fronts a pond
- Property fronts a private road
HOA Fees
- $175 Monthly HOA Fees
Property Views
- Ski Resort
- Trees
- Mountain
Home Design
- Mountain Architecture
- Wood Frame Construction
- Frame Construction
- Shingle Roof
- Architectural Shingle Roof
- Block And Beam Construction
- Stone Veneer
- Hardboard
- Masonry
Interior Spaces
- 4,260 Sq Ft Home
- 1-Story Property
- Central Vacuum
- Furnished
- 3 Fireplaces
- Wood Burning Fireplace
- Stone Fireplace
- Gas Fireplace
- Propane Fireplace
- Double Pane Windows
- Window Treatments
- Window Screens
- Pull Down Stairs to Attic
- Home Security System
Kitchen
- Double Oven
- Gas Cooktop
- Recirculated Exhaust Fan
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Unfinished Basement
- Exterior Basement Entry
- Crawl Space
Parking
- 3 Car Attached Garage
- Electric Vehicle Home Charger
- Driveway
Outdoor Features
- Covered Patio or Porch
- Outdoor Fireplace
- Outdoor Kitchen
- Outdoor Storage
- Outdoor Grill
Schools
- Banner Elk Elementary School
- Avery County High School
Utilities
- Cooling System Powered By Gas
- Two Cooling Systems Mounted To A Wall/Window
- Forced Air Zoned Heating System
- Heating System Uses Gas
- Heating System Uses Propane
- Heating System Uses Wood
- Hot Water Heating System
- 220 Volts
- Power Generator
- Private Water Source
- Well
- Tankless Water Heater
- Gas Water Heater
- Private Sewer
- High Speed Internet
Listing and Financial Details
- Long Term Rental Allowed
- Assessor Parcel Number 1858-07-58-4989-00000
Community Details
Overview
- The Farm At Banner Elk Subdivision
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $13,898 | $1,616,000 | $187,500 | $1,428,500 |
| 2024 | $6,464 | $1,616,000 | $187,500 | $1,428,500 |
| 2023 | $500 | $1,623,400 | $187,500 | $1,435,900 |
| 2022 | $500 | $125,000 | $125,000 | $0 |
| 2021 | $1,018 | $185,000 | $185,000 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/27/2026 07/27/26 | For Sale | $3,500,000 | -- | $822 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $84,000 | None Listed On Document |
Source: High Country Association of REALTORS®
MLS Number: 263235
APN: 18580758498900000
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