706 Silver Springs Dr Banner Elk, NC 28604
Estimated payment $16,762/month
Total Views
2,420
5
Beds
6
Baths
3,979
Sq Ft
$741
Price per Sq Ft
Highlights
- Gated Community
- Mountain View
- Outdoor Fireplace
- Banner Elk Elementary School Rated A-
- Vaulted Ceiling
- Mountain Architecture
About This Home
Welcome to one of Banner Elk’s most distinctive luxury residences-where modern elegance meets urban-industrial sophistication. Conceived and curated by Academy Award–winning producers, this bespoke home showcases the perfect harmony between natural mountain warmth and cutting-edge design. From hand-selected local timber beams to artisan-crafted furniture, fixtures, & lighting sourced from top makers across the country, every detail was chosen with intention and aesthetic precision. Privately nestled at the end of a 300-foot driveway in a beautiful gated enclave, the home offers rare, uninterrupted panoramic views of the High Country completely unspoiled by neighboring rooftops-yet only 3 minutes from downtown Banner Elk and less than 10 minutes to the ski lifts. Designed as a sanctuary for both people and pets, the property features nearly an acre of beautifully landscaped grounds wrapped in a discreet privacy fence—creating the ultimate off-leash haven for your dogs to roam freely. Luxury meets functionality in every room. Highlights include: intelligent bidet toilets, heated bathroom floors, custom closets throughout, spa-style rain showers, designer subway tile, and electric layered blinds. Three natural gas fireplaces add cozy ambiance throughout the home and multiple outdoor covered spaces. Smart living is seamlessly integrated with Samsung Frame TVs throughout and a tankless water heater for on-demand comfort. Even the garage exudes polish with a pristine epoxy floor. Enjoy the outdoors year-round with multiple covered and fully furnished outdoor living spaces—perfect for entertaining, morning coffee, or sunset mountain views in complete comfort. This is not just a home—it’s a turn-key lifestyle, offered fully furnished and equipped, ready for immediate enjoyment. A rare offering for those seeking privacy, style, proximity to town and ski slopes, and a showpiece home designed with soul. Don’t miss the opportunity to own this modern mountain unicorn.
Listing Agent
Blue Ridge Realty & Inv. - Banner Elk Brokerage Phone: (828) 737-3100 Listed on: 06/20/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,258
Year Built
- Built in 2021
Lot Details
- 1.16 Acre Lot
- Property fronts a private road
- Partially Fenced Property
HOA Fees
- $250 Monthly HOA Fees
Parking
- 2 Car Garage
- Gravel Driveway
Home Design
- Mountain Architecture
- Wood Frame Construction
- Shingle Roof
- Architectural Shingle Roof
- Wood Siding
- Stone
Interior Spaces
- 2-Story Property
- Furnished
- Vaulted Ceiling
- 3 Fireplaces
- Stone Fireplace
- Gas Fireplace
- Mountain Views
- Crawl Space
Kitchen
- Built-In Oven
- Gas Cooktop
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Laundry on upper level
- Dryer
- Washer
Outdoor Features
- Covered Patio or Porch
- Outdoor Fireplace
Schools
- Banner Elk Elementary School
- Avery County High School
Utilities
- Central Air
- Heating System Uses Gas
- Private Water Source
- Well
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 1849-00-71-9486-00000
Community Details
Overview
- Silver Springs Farm Subdivision
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 | $5,258 | $1,314,400 | $45,000 | $1,269,400 |
| 2023 | $5,258 | $1,314,400 | $45,000 | $1,269,400 |
| 2022 | $5,258 | $1,314,400 | $45,000 | $1,269,400 |
| 2021 | $151 | $704,400 | $27,500 | $676,900 |
| 2020 | $151 | $27,500 | $27,500 | $0 |
| 2019 | $151 | $27,500 | $27,500 | $0 |
| 2018 | $151 | $27,500 | $27,500 | $0 |
| 2017 | $138 | $25,000 | $0 | $0 |
| 2016 | $112 | $25,000 | $0 | $0 |
| 2015 | $112 | $25,000 | $25,000 | $0 |
| 2012 | -- | $62,500 | $62,500 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2025 06/20/25 | For Sale | $2,950,000 | -- | $741 / Sq Ft |
Source: High Country Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $1,306,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $548,250 | New Conventional |
Source: Public Records
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-
$2,300,000
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- 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: 256221
APN: 1849-00-71-9486-00000
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