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Sold for $699,500
  • Zestimate®
    $699,500

    473 Double Knob Road, Banner Elk, NC 28604

    3beds
    1,960sqft
    Single Family Residence
    Built in 1993
    6.47 Acres Lot
    $699,500 Zestimate®
    $357/sqft
    $3,313 Estimated rent

    Home value

    $699,500

    $665,000 - $734,000

    $3,313/mo

    Zestimate® history
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    $4,945/mo

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    What's special

    Long-range mountain viewsDramatic floor-to-ceiling windowsSpacious covered rear deckLarge center islandFarmhouse-style kitchenGranite countertopsGas range
    Privacy, acreage and convenience—this Banner Elk log cabin offers a combination that is increasingly hard to find. Tucked away on 6.47 wooded acres, the property feels like a true mountain retreat, surrounded by woods and nature, yet downtown Banner Elk is only about 10 minutes away. The generous acreage is one of the property's greatest assets, providing exceptional privacy while giving you control over maintaining or enhancing the long-range mountain views. River Run is a small gated community with private access to the Elk River and its trout waters. Inside, the cabin has all the warmth and character you'd expect from a mountain log home. The open floor plan is filled with natural light from dramatic floor-to-ceiling windows, while a beautiful stone wood-burning fireplace anchors the great room. The farmhouse-style kitchen features granite countertops, a large center island, gas range and stainless appliances. The adjoining dining area opens directly onto a spacious covered rear deck—an ideal place to relax, entertain and take in the peaceful mountain setting. The main level offers a spacious primary bedroom and private bath with separate vanities, along with a convenient half bath for guests. Upstairs are two additional bedrooms, a full bath and a large loft overlooking the living area. Approximately 1,320 square feet of unfinished basement offers tremendous potential for future expansion, with a walkout entrance and plenty of space for a game room, theater, recreation area, workshop or additional living space. The home is also equipped with a Generac whole-home on-demand generator, central dehumidifier and Tar Heel Basement Systems moisture-control system—valuable features for added comfort, protection and peace of mind in a mountain home. Whether you're searching for a full-time mountain home, private getaway or property with tremendous short-term rental potential, 473 Double Knob Road stands out for what matters most: 6.47 acres, long-range mountain views, exceptional privacy and a location just minutes from the heart of Banner Elk.

    Zillow last checked:

    Listing updated:

    Listed by:

    Chad Gryder (828)719-6220,

    Appalachian Properties

    Bought with:

    Ike Franks, 333533

    RE/MAX Realty Group

    Source: High Country AOR,MLS#: 264120MLS LogoOriginating MLS: High Country Association of Realtors Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Fireplace(s), Propane
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Electric Water Heater, Gas Cooktop, Microwave, Refrigerator, Washer
    • Laundry: Washer Hookup, Dryer Hookup, In Basement
    Features
    • Furnished, Skylights, Vaulted Ceiling(s)
    • Windows: Double Pane Windows, Skylight(s)
    • Basement: Full
    • Attic: None
    • Number of fireplaces: 1
    • Fireplace features: One, Stone, Wood Burning
    • Furnished: Yes
    Interior area
    • Total structure area: 3,280
    • Total interior livable area: 1,960 sqft
    • Finished area above ground: 1,960
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Basement, Garage
    • Has garage: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Has view: Yes
    • View description: Long Range, Mountain(s)
    • Waterfront features: River Access
    Lot
    • Size: 6.47 Acres
    Details
    • Parcel number: 18390073569700000
    • Zoning description: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Log Home,Mountain
    • Property subtype: Single Family Residence
    Materials
    • Log
    • Roof: Metal
    Condition
    • Year built: 1993

    Utilities & green energy

    • Sewer: Septic Permit 3 Bedroom
    • Water: Private
    • Utilities for property: Cable Available, High Speed Internet Available

    Community & HOA

    Community
    • Features: Gated, River, Long Term Rental Allowed, Short Term Rental Allowed
    • Security: Radon Mitigation System
    • Subdivision: River Run
    HOA
    • Has HOA: Yes
    • HOA fee: $780 annually
    Location
    • Region: Elk

    Financial & listing details

    • Price per square foot: $357/sqft
    • Annual tax amount: $1,991
    • Date on market: 9/3/2026
    • Listing terms: Cash,Conventional,New Loan
    • Road surface type: Gravel

    Price history

    DateEventPrice
    9/25/2026Sold$699,500$357/sqft
    Source: High Country AOR #264120 Report a problem
    9/5/2026Contingent$699,500$357/sqft
    Source: High Country AOR #264120 Report a problem
    9/3/2026Listed for sale$699,500+49.1%$357/sqft
    Source: High Country AOR #264120 Report a problem
    7/30/2020Sold$469,000+20.3%$239/sqft
    Source: High Country AOR #222388 Report a problem
    2/7/2020Sold$390,000+20.4%$199/sqft
    Source: High Country AOR #219208 Report a problem
    2/17/2018Sold$324,000$165/sqft
    Source: Agent Provided Report a problem

    Public tax history

    Tax history is unavailable.

    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.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $699,500
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    +$13,990
    With Zillow Showcase(estimated)

    $713,490

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $699,500
    2% more
    +$13,990
    With Zillow Showcase(estimated)

    $713,490