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Sold for $1,750,000
  • $1,750,000

    520 Elk Creek Drive, Banner Elk, NC 28604

    4beds
    4,555sqft
    Single Family Residence
    Built in 2024
    0.5 Acres Lot
    $1,718,700 Zestimate®
    $384/sqft
    $5,724 Estimated rent

    Home value

    $1,718,700

    Estimated sales range

    Not available

    $5,724/mo

    Zestimate® history
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    What's special

    NEW CONSTRUCTION EXQUSITE HOME IN BANNER ELK. Located in the Elk Creek at Banner Elk Community with 180 degree Mountain Views!. This Mountain Modern Home features over 4,500 square feet of living space on 2 floors with 4 bedrooms and 4-1/2 baths including a large living space above the garage accessed from within the home. White Oak floors throughout. Three gas vented fireplaces including a floor to ceiling stone one in the living room, Primary bedroom and one on the large partially covered outside deck. Main level living with Primary bedroom, living room, dining room, kitchen & laundry on the 1st floor. ONLY 2 STEPS IN. Large Primary bedroom with a fireplace, huge walk in closet and spacious bath with double vanity & walk-in shower. The Great room features tall ceilings, a floor to ceiling stone fireplace and a wall of windows to take in the magnificent view. The gourmet kitchen features a 48” GE Cafe Stainless Steel Dual Fuel Gas Range with Double Ovens, GE Cafe Microwave with Convection, Cafe French Door Refrigerator, Cafe Dishwasher & large walk in pantry. Custom cabinets with Champagne Bronze hardware and a HUGE 9 foot island. Glass enclosed Wine room/bar. Enjoy the mountain air on your covered deck with a fireplace while gazing at Beech Mountain and Hanging Rock. Upstairs you will find an oversized loft, office area and 2 spacious en-suite bedrooms. The 4th bedroom is a 700+ s.f. studio over the garage set up for a bed, living area, mini kitchen and full bath with large walk-in shower. Mini Split provides AC & Heat. Flat paved circular driveway and an oversized 2 car garage with workshop area. Full Laundry room with sink. Hard Wood floors throughout. In Town location for easy access to shops, restaurants, supermarkets, ski slopes and more. You will not find a better value for a new large upscale home in Banner Elk priced at under $400 per square foot. Quick drive to Downtown Banner Elk, Sugar Mountain, shops, restaurants, 2 supermarkets & pharmacies and more. Natural gas, underground utilities, Town water and sewer and high speed internet.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ronald Kent (561)271-6853,

    EXP Realty LLC

    Bought with:

    Jay Harrill, 283737

    Foscoe Realty & Development

    Source: High Country AOR,MLS#: 258436MLS 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
    • Forced Air, Fireplace(s), Gas
    Cooling
    • Central Air, Ductless, 2 Units
    Appliances
    • Included: Double Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Gas Water Heater, Microwave, Other, Range, Refrigerator, See Remarks, Washer
    • Laundry: Main Level
    Features
    • Attic, Permanent Attic Stairs
    • Windows: Double Pane Windows
    • Basement: Crawl Space
    • Attic: Floored,Permanent Stairs,Walk-up
    • Number of fireplaces: 3
    • Fireplace features: Three, Stone, Vented, Gas
    Interior area
    • Total structure area: 4,555
    • Total interior livable area: 4,555 sqft
    • Finished area above ground: 4,555
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Garage, Two Car Garage, Oversized, Paved, Private
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Open
    • Exterior features: Paved Driveway
    • Has view: Yes
    • View description: Long Range, Mountain(s)
    • Waterfront features: River Access
    Lot
    • Size: 0.5 Acres
    Details
    • Parcel number: 18581035358100000
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mountain
    • Property subtype: Single Family Residence
    Materials
    • Cedar, Masonry, Shake Siding, Wood Siding, Wood Frame
    • Roof: Asphalt,Metal,Shingle
    Condition
    • Year built: 2024

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: High Speed Internet Available

    Community & HOA

    Community
    • Features: Fishing, River, Long Term Rental Allowed, Short Term Rental Allowed
    • Subdivision: Elk Creek
    HOA
    • Has HOA: Yes
    • HOA fee: $756 annually
    Location
    • Region: Banner Elk

    Financial & listing details

    • Price per square foot: $384/sqft
    • Tax assessed value: $331,900
    • Annual tax amount: $2,864
    • Date on market: 10/9/2025
    • Listing terms: Cash,Conventional,New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/29/2025Sold$1,750,000-2.7%$384/sqft
    Source: High Country AOR #258436 Report a problem
    10/28/2025Contingent$1,799,000$395/sqft
    Source: High Country AOR #258436 Report a problem
    10/13/2025Price change$1,799,000+0.2%$395/sqft
    Source: High Country AOR #258436 Report a problem
    10/10/2025Listed for sale$1,795,000-0.2%$394/sqft
    Source: High Country AOR #258436 Report a problem
    4/2/2025Contingent$1,799,000$395/sqft
    Source: High Country AOR #251845 Report a problem
    9/5/2024Listed for sale$1,799,000+1024.4%$395/sqft
    Source: High Country AOR #251845 Report a problem
    5/9/2022Sold$160,000+146.2%$35/sqft
    Source: Public Record Report a problem
    2/5/2015Sold$65,000$14/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,328 $331,900
    2024$1,328 +431%$331,900 +431%
    2023$250 -53.5%$62,501 +0%
    2022$538 -22.5%$62,500
    2021$694 $62,500
    2020$694 $62,500
    2019$694 +0.9%$62,500
    2018$688 +100%$62,500 +108.3%
    2017$344 +156.2%$30,000
    2016$134 $30,000
    2015$134 $30,000
    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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    $1,718,700
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    With Zillow Showcase(estimated)
    $1,753,074