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Sold for $1,700,000
  • $1,700,000

    1158 Equestrian Drive, Banner Elk, NC 28604

    4beds
    7,008sqft
    Single Family Residence
    Built in 1992
    2.96 Acres Lot
    $1,704,700 Zestimate®
    $243/sqft
    $4,918 Estimated rent

    Home value

    $1,704,700

    Estimated sales range

    Not available

    $4,918/mo

    Zestimate® history
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    What's special

    Magnificent fireplaceSpecial built waterfallVaulted ceilingsCrown moldingCustom oak hardwood floorsTranquil sunroomDedicated game room
    Timeless Elegance and Mountain Grandeur Awaits on Equestrian Drive. Discover a truly exceptional mountain retreat in this custom-built home, perfectly situated on 2.96 acres along one of Elk River's most desirable streets, Equestrian Drive. With its distinguished stone and drystack exterior, this residence seamlessly blends classic charm with contemporary comforts, offering an unparalleled living experience just moments from the Elk River Club's state-of-the-art Equestrian Center and all community amenities. Step inside to be greeted by a grand living space, featuring vaulted ceilings and an abundance of natural light streaming through floor-to-ceiling windows that perfectly frame the Beech Mountain vistas. The warmth of custom oak hardwood floors flows throughout, complementing the cozy ambiance created by a magnificent fireplace. The elegant dining room, complete with a wet bar, is ideal for entertaining, while the large kitchen, equipped with custom Banner Cabinets, is a culinary haven perfect for preparing memorable family meals. Crown molding and custom cabinetry throughout underscore the home's meticulous craftsmanship. Start your mornings in the tranquil sunroom, the perfect spot for a peaceful coffee. The main level is completed by a very large and luxurious master suite, a true sanctuary featuring built-ins, a fireplace for cozy evenings, and an opulent bathroom with heated floors for ultimate comfort. Ascend to the upper level to find a versatile large family/exercise room complete with an office and a full bathroom, offering flexible space for all your needs. The lower level is designed for ultimate relaxation and entertainment. Here, you'll discover a spacious family room with custom built-ins and another inviting fireplace, a dedicated game room, and a convenient wet bar. Two comfortable bedroom suites and a versatile bonus room complete this level, providing ample space for family and guests. This home is equipped with an array of thoughtful features for convenience and peace of mind, including a central vacuum system, a certified lightning protection system, a whole-house sound system, and an alarm system. Outdoors, an entertainer's paradise awaits with both expansive covered and open decks, providing abundant space for al fresco dining and enjoying the stunning surroundings. A truly unique feature is the special built waterfall trickling down the side of the property, adding a serene natural element to your private oasis. Experience the epitome of mountain living in this magnificent custom home, where every detail has been thoughtfully designed for comfort, luxury, and the enjoyment of its spectacular natural setting.

    Zillow last checked:

    Listing updated:

    Listed by:

    Richard Foster 828-898-9777,

    Elk River Realty,

    Kylie Clark 828-387-0222,

    Elk River Realty

    Bought with:

    Kylie Clark, 227864

    Elk River Realty

    Source: High Country AOR,MLS#: 256800MLS LogoOriginating MLS: High Country Association of Realtors Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Baseboard, Electric, Zoned
    Cooling
    • None
    Appliances
    • Included: Built-In Oven, Gas Cooktop
    • Laundry: Washer Hookup, Dryer Hookup, Main Level
    Features
    • Attic, Wet Bar, Central Vacuum, Sound System, Vaulted Ceiling(s), Wired for Sound
    • Basement: Crawl Space
    • Attic: Floored
    • Number of fireplaces: 3
    • Fireplace features: Three, Gas, Stone, Vented
    Interior area
    • Total structure area: 7,008
    • Total interior livable area: 7,008 sqft
    • Finished area above ground: 4,228
    • Finished area below ground: 2,780

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Driveway, Garage, Oversized, Paved, Private, Three or more Spaces
    • Has attached garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Covered, Multiple, Open
    • Exterior features: Paved Driveway
    • Pool features: Community
    • Has view: Yes
    • View description: Mountain(s), Seasonal View, Trees/Woods
    Lot
    • Size: 2.96 Acres
    Details
    • Parcel number: 18380299244300000
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Stone, Wood Siding, Wood Frame
    • Roof: Shake,Wood
    Condition
    • Year built: 1992

    Utilities & green energy

    • Sewer: Septic Permit 4 Bedroom
    • Water: Community/Coop
    • Utilities for property: High Speed Internet Available

    Community & HOA

    Community
    • Features: Clubhouse, Dog Park, Equestrian Community, Fitness Center, Golf, Gated, Pickleball, Pool, River, Airport/Runway, Tennis Court(s)
    • Security: Security System, 24 Hour Security
    • Subdivision: Elk River
    HOA
    • Has HOA: Yes
    • HOA fee: $6,490 annually
    Location
    • Region: Banner Elk

    Financial & listing details

    • Price per square foot: $243/sqft
    • Tax assessed value: $959,400
    • Annual tax amount: $3,657
    • Date on market: 7/11/2025
    • Listing terms: Cash,New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/25/2025Sold$1,700,000-29%$243/sqft
    Source: High Country AOR #256800 Report a problem
    8/29/2025Pending sale$2,395,000$342/sqft
    Source: High Country AOR #256800 Report a problem
    8/21/2025Contingent$2,395,000$342/sqft
    Source: High Country AOR #256800 Report a problem
    7/11/2025Listed for sale$2,395,000$342/sqft
    Source: High Country AOR #256800 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,838 $959,400
    2024$3,838 $959,400
    2023$3,838 $959,400
    2022$3,838 -13.8%$959,400 +18.5%
    2021$4,453 $809,700
    2020$4,453 $809,700
    2019$4,453 $809,700
    2018$4,453 $809,700 -6%
    2017$4,453 +15.6%$861,600
    2016$3,853 $861,600
    2015$3,853 $861,600
    Find assessor info on the county website

    Neighborhood: 28604

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Banner Elk
    • High: Avery County

    Source: High Country AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $1,704,700
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    $1,738,794