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Sold for $3,200,000
    • $3,200,000

    1550 Falls Creek Parkway, Elk Park, NC 28622

    3beds
    6,237sqft
    Single Family Residence
    Built in 2008
    1.78 Acres Lot
    $3,223,700 Zestimate®
    $513/sqft
    $6,056 Estimated rent

    Home value

    $3,223,700

    Estimated sales range

    Not available

    $6,056/mo

    Zestimate® history
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    What's special

    Office spaceLarge gourmet kitchenHigh vaulted ceilingsPanoramic viewsMain level living
    One of the Best Views in Headwaters in this Well-Maintained Custom-Built Home! Sold Furnished! Once you step inside you will never want to leave. High Vaulted Ceilings, Panoramic Views, Large Gourmet Kitchen approx 25'x 29', Main Level Living complete with Office space. 5 1/2 Bathrooms allowing Every Bedroom & Bonus Room(s) to come complete with a Full Bathroom. Lots of gathering spaces for the entire family. Home is 6,237' heated w/ an Attached 3 Car Garage 838'. Bonus Room above the Garage is 30' x 21' w/ a Full Bath and the Bonus Room below the garage is approx. 19' x 48'. There is also a unique opportunity with home purchase to buy a 1/8th share in 170-Acre Nature Preserve adjacent to Headwaters. Here you can ride your UTV or hike straight from your driveway to the 170. There are 8 owners of this amazing property, all live in Headwaters. Miles of trails from Mild to Wild, Shooting Range, Hiking, Picnics, etc. Falls Creek meanders through the property. It's your own little slice of paradise. For Medical Emergencies a Helicopter can land in parking lot at Clubhouse. Inside the gates you'll have access to a Beautiful Mountaintop Clubhouse with Fitness Center, Game Room, Theater Room, Gourmet Kitchen, Dining Area, Great Room with Fireplace & Tennis/Pickle Ball Court. Within the development your family can also enjoy the Lakeside Pavilion, Stoney Creek Park, Deer Creek Park, Sunset Park, Mac N Tosh Dog Park, Natural Waterfall, etc. Just a short drive to downtown Banner Elk and all Area Attractions such as Skiing, Hiking, Whitewater Rafting, Plays, Concerts in the Park, Golf, etc. Virtual Tour Available & Floorplans! What Are You Waiting For! Schedule A Tour Today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Linda Cramblit (828)737-3100,

    Blue Ridge Realty & Inv. - Banner Elk

    Bought with:

    Wendolyn Kulunas, 306098

    Premier Sotheby's Int'l Realty

    Source: High Country AOR,MLS#: 257962MLS LogoOriginating MLS: High Country Association of Realtors Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Heating
    • Electric, Fireplace(s), Gas, Heat Pump, Radiant Floor, Wood
    Cooling
    • Central Air, 3+ Units, Zoned
    Appliances
    • Included: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Microwave, Other, Refrigerator, See Remarks, Tankless Water Heater, Warming Drawer, Washer
    • Laundry: Washer Hookup, Dryer Hookup, Main Level
    Features
    • Attic, Wet Bar, Carbon Monoxide Detector, Furnished, Sound System, Home Theater, Vaulted Ceiling(s), Wired for Sound, Window Treatments
    • Windows: Double Pane Windows, Screens, Window Treatments
    • Basement: Crawl Space
    • Number of fireplaces: 2
    • Fireplace features: Two, Gas, Stone, Vented, Propane
    • Furnished: Yes
    Interior area
    • Total structure area: 0
    • Total interior livable area: 6,237 sqft
    • Finished area above ground: 3,088
    • Finished area below ground: 3,149

    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: Outdoor Grill, Paved Driveway
    • Has view: Yes
    • View description: Long Range, Mountain(s)
    Lot
    • Size: 1.78 Acres
    Details
    • Parcel number: 19200095218800000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mountain
    • Property subtype: Single Family Residence
    Materials
    • Stone, Wood Siding, Wood Frame
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 2008

    Utilities & green energy

    • Electric: Generator
    • Sewer: Private Sewer, Septic Permit 4 Bedroom
    • Water: Shared Well
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Clubhouse, Dog Park, Fitness Center, Gated, Near National Forest, Pickleball, Tennis Court(s)
    • Security: Security System, Closed Circuit Camera(s)
    • Subdivision: Headwaters At Banner Elk
    HOA
    • Has HOA: Yes
    • HOA fee: $3,600 annually
    Location
    • Region: Elk Park

    Financial & listing details

    • Price per square foot: $513/sqft
    • Tax assessed value: $1,274,300
    • Annual tax amount: $5,097
    • Date on market: 9/17/2025
    • Listing terms: Cash,Conventional,New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/24/2025Sold$3,200,000-4.5%$513/sqft
    Source: High Country AOR #257962 Report a problem
    9/20/2025Contingent$3,350,000$537/sqft
    Source: High Country AOR #257962 Report a problem
    9/19/2025Listed for sale$3,350,000+1136.2%$537/sqft
    Source: High Country AOR #257962 Report a problem
    9/18/2007Sold$271,000$43/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,097 $1,274,300
    2024$5,097 $1,274,300
    2023$5,097 $1,274,300
    2022$5,097 -8.4%$1,274,300 +25.9%
    2021$5,567 $1,012,200
    2020$5,567 $1,012,200
    2019$5,567 $1,012,200
    2018$5,567 $1,012,200 +3.3%
    2017$5,567 +27%$980,300
    2016$4,384 $980,300
    2015$4,384 $980,300
    Find assessor info on the county website

    Neighborhood: 28622

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Freedom Trail
    • 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.

    Sell for more on Zillow
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    $3,223,700
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    +$64,474
    With Zillow Showcase(estimated)
    $3,288,174

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