$1,795,000

665 Raven Ridge Rd Banner Elk, NC 28604

Estimated payment $10,471/month

Total Views 7,713
3 Beds
4 Baths
4,031 Sq Ft
$445 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

A timeless retreat awaits. This single-level home, nestled within the serene Elk River Club, offers three bedrooms, four full baths, and a circular driveway. The elegant foyer sets the tone for the spacious interiors, featuring a cozy fireplace, wet bar, and sunroom. Expansive covered decks provide breathtaking vistas of the surrounding mountains and golf course. The primary suite and two guest suites offer luxurious comfort and privacy. The Elk River Club is a luxurious community that encompasses 1200 acres of the Blue Ridge mountains. In addition to a Jack Nicklaus Signature golf course, members can enjoy the 50,000 square foot clubhouse, tennis, fitness, and equestrian centers plus an on-site private jetport. Imagine your mountain home and you will find it at Elk River. Property located within the Elk River Club subdivision with gated access.

Listing Agent

Richard Foster Ii

Elk River Realty Brokerage Phone: 828-898-9777 Listed on: 12/02/2024

Co-Listing Agent

Kylie Clark

Elk River Realty Brokerage Phone: 828-898-9777

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,029

Year Built

  • Built in 1988

Lot Details

  • 1.27 Acre Lot
  • Property fronts a private road

HOA Fees

  • $541 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway

Property Views

  • Golf Course
  • Mountain

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Shake Roof
  • Wood Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Convection Oven
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Central Air
  • Hot Water Heating System
  • Electric Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet

Additional Features

  • Covered Patio or Porch
  • Equestrian Center

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number 1848-00-55-1876-00000

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,029

Year Built

Built in 1988

Lot Details

0

HOA Fees

$541 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.27
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 464
  • Co List Office Phone: 828-898-9777
  • Subdivision Name: Elk River
  • Above Grade Finished Sq Ft: 4031.0
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1988
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 828-898-9777
  • General Property Information Below Grade Unfinished Area: 238.0
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Convection Oven, Dishwasher, Exhaust Fan, Electric Water Heater, Gas Cooktop, Disposal, Refrigerator
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Stone, Vented, Propane
  • Fireplace: Yes
  • Interior Amenities: Wet Bar
  • Living Area: 4031.0
  • Stories: 1

Exterior Features

  • Pool Features: Community
  • View: Golf Course, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Stone, Wood Siding, Wood Frame
  • Exterior Features: Paved Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple
  • Roof: Shake, Wood

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Security: 24 Hour Security
  • Cooling: Central Air, 2 Units
  • Cooling Y N: Yes
  • Heating: Electric, Fireplace(s), Hot Water
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: High Speed Internet Available, Septic Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Dog Park, Equestrian Community, Fitness Center, Golf, Gated, Pickleball, Pool, Airport/Runway, Tennis Court(s)
  • Association Fee: 6490.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk
  • High School: Avery County

Lot Info

  • Parcel #: 1848-00-55-1876-00000

Tax Info

  • Tax Annual Amount: 2029.21
  • Tax Book Number: 521/1360
  • Tax Lot: 42

Map

Range of Values:

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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 $2,029 $507,300 $75,000 $432,300
2023 $2,029 $507,300 $75,000 $432,300
2022 $0 $507,300 $75,000 $432,300
2021 $3,451 $627,400 $100,000 $527,400
2020 $3,451 $627,400 $100,000 $527,400
2019 $3,451 $627,400 $100,000 $527,400
2018 $0 $627,400 $100,000 $527,400
2017 $0 $765,800 $0 $0
2016 $0 $765,800 $0 $0
2015 $3,990 $765,800 $100,000 $665,800
2012 -- $1,138,800 $225,000 $913,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Price Changed $1,795,000 -7.9% $445 / Sq Ft
02/07/2025 02/07/25 Price Changed $1,950,000 -9.3% $484 / Sq Ft
12/02/2024 12/02/24 For Sale $2,150,000 +347.9% $533 / Sq Ft
06/12/2018 06/12/18 Sold $480,000 0.0% $121 / Sq Ft
05/13/2018 05/13/18 Pending -- -- --
05/05/2018 05/05/18 For Sale $480,000 -- $121 / Sq Ft
Source: High Country Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $480,000 None Available
Warranty Deed -- None Available
Source: Public Records

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Source: High Country Association of REALTORS®

MLS Number: 252859

High Country Association of REALTORS®

APN: 1848-00-55-1876-00000