This is a True Tynecastle Estate. 2.99 acres and over 7300 square feet of luxury. Words cannot do this home justice. Perched at one of the highest residential lots in Tynecastle, this home is surrounded by what can only be described as pristine landscaped grounds and awesome views. The owners of this home spared no expense when it came to transforming and expanding the original home. Take the 3D tour and see what is in store for the fortunate family who makes this their own. The 3D tour will speak for itself, showing everything this home has to offer. This home will become a true legacy in the mountains to be shared and enjoyed by generations to come. A true masterpiece of the High Country. Schedule a showing today. You and your client will not be disappointed.
For sale
$2,495,000
45 Dunvegan Road, Banner Elk, NC 28604
5beds
7,351sqft
Single Family Residence
Built in 1994
2.99 Acres Lot
$2,315,600 Zestimate®
$339/sqft
$200/mo HOA
What's special
Awesome views
- 5 hours
- 114
- 7
Zillow last checked:
Listing updated:
Listed by:
Jim Fitzpatrick 828-898-1880,
Peak Real Estate Llc,
Chris Wotell 828-260-1366,
Peak Real Estate Llc
Source: High Country AOR,MLS#: 264421
Originating MLS: High Country Association of Realtors Inc.
Originating MLS: High Country Association of Realtors Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Heating
- Forced Air, Gas
Cooling
- None
Appliances
- Included: Built-In Oven, Dryer, Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
Features
- Wet Bar, Cathedral Ceiling(s), Elevator, Furnished, Hot Tub/Spa
- Has fireplace: Yes
- Fireplace features: Stone
- Furnished: Yes
Interior area
- Total structure area: 7,351
- Total interior livable area: 7,351 sqft
- Finished area above ground: 3,532
- Finished area below ground: 3,819
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Asphalt, Carport, Driveway, Garage, Two Car Garage
- Garage spaces: 2
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Multiple
- Exterior features: Elevator, Hot Tub/Spa, Storage
- Has spa: Yes
- Spa features: Hot Tub
- Has view: Yes
- View description: Long Range
- Waterfront features: Creek
Lot
- Size: 2.99 Acres
Details
- Additional structures: Living Quarters, Shed(s)
- Parcel number: 18670527296600000
- Zoning description: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mountain
- Property subtype: Single Family Residence
Materials
- Fiber Cement, Stone, Wood Frame
- Foundation: Slab
- Roof: Architectural,Shingle
Condition
- Year built: 1994
Utilities & green energy
- Electric: Generator
- Sewer: Septic Tank
- Water: Private, Well
- Utilities for property: High Speed Internet Available, Septic Available
Community & HOA
Community
- Features: Gated
- Security: Security System, Closed Circuit Camera(s)
- Subdivision: Tynecastle
HOA
- Has HOA: Yes
- HOA fee: $2,400 annually
Location
- Region: Banner Elk
Financial & listing details
- Price per square foot: $339/sqft
- Tax assessed value: $1,298,400
- Annual tax amount: $5,193
- Date on market: 9/18/2026
- Listing terms: Cash,New Loan
- Road surface type: Paved
Estimated market value
$2,315,600
$2.20M - $2.43M
$4,669/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2026 | Listed for sale | $2,495,000+1.8%$339/sqft |
Source:  High Country AOR #264421 Report a problem | ||
| 3/20/2026 | Listing removed | $2,450,000$333/sqft |
Source: High Country AOR #254498 Report a problem | ||
| 6/27/2025 | Price change | $2,450,000-10.9%$333/sqft |
Source: High Country AOR #254498 Report a problem | ||
| 4/21/2025 | Listed for sale | $2,750,000-8.2%$374/sqft |
Source: High Country AOR #254498 Report a problem | ||
| 9/30/2024 | Listing removed | $2,995,000$407/sqft |
Source: High Country AOR #251094 Report a problem | ||
| 7/24/2024 | Listed for sale | $2,995,000+580.7%$407/sqft |
Source: High Country AOR #251094 Report a problem | ||
| 11/13/2017 | Sold | $440,000$60/sqft |
Source: High Country AOR #200231 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,194 | $1,298,400 |
| 2024 | $5,194 | $1,298,400 |
| 2023 | $5,194 +20.4% | $1,298,400 +20.4% |
| 2022 | $4,315 -28.2% | $1,078,700 -1.3% |
| 2021 | $6,013 +118.3% | $1,093,300 +118.3% |
| 2020 | $2,755 +6.6% | $500,900 +6.6% |
| 2019 | $2,584 +7.9% | $469,800 +7.9% |
| 2018 | $2,396 | $435,600 -4.1% |
| 2017 | $2,396 +18% | $454,200 |
| 2016 | $2,031 | $454,200 |
| 2015 | $2,031 | $454,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 28604
Nearby schools
Schools provided by the listing agent
- Elementary: Banner Elk
- Middle: Avery
- 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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