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Sold for $2,700,000
  • $2,700,000

    64 Hanging Rock Knoll Place, Banner Elk, NC 28604

    4beds
    3,629sqft
    Single Family Residence
    Built in 2004
    1.48 Acres Lot
    $2,698,000 Zestimate®
    $744/sqft
    $4,120 Estimated rent

    Home value

    $2,698,000

    Estimated sales range

    Not available

    $4,120/mo

    Zestimate® history
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    What's special

    Manicured high-end landscapingUnparalleled privacyExpansive porchesSpacious walk-in showerHome theaterSpectacular long-range viewsLevel entry
    Behind the gates of the sought-after community of The Farm at Banner Elk, this exceptional custom home blends refined mountain luxury with breathtaking natural beauty. Positioned at end of a quiet cul-de-sac, the home sits on what is arguably one of the finest lots in the community, offering unparalleled privacy and panoramic views of Hanging Rock, Diamond Creek and Grandfather Mountain. A circular drive welcomes you to this stunning residence, where manicured, high-end landscaping creates an atmosphere of peace, serenity and timeless elegance. Expansive porches and thoughtfully designed outdoor living spaces immediately captivate, highlighted by a cozy stone, wood-burning fireplace, the ideal setting for cool mountain evenings and year-round entertaining. Go inside through a level entry into a gracious foyer that opens to a warm and inviting living room framed by spectacular long-range views. Custom built-in bookcases and a wood-burning fireplace anchor the space, while a Sonos system with built-in speakers throughout the main level and exterior porch enhances everyday living and entertaining. The main-level primary suite is a relaxing retreat, offering direct access to the deck and spa. The well-appointed en-suite bath features a double vanity and a spacious walk-in shower, creating a spa-like experience at home. The chef’s kitchen is equipped with high-end appliances and is filled with natural light from a stunning wall of windows surrounding the dining nook, a picturesque place to begin each day. Upstairs, a loft area serves as a mini theater, accompanied by two generously sized guest suites that provide comfort and privacy for family and visitors alike. The lower level offers a second living space designed for relaxation and entertainment, complete with a home theater, gas fireplace, full bath, and a fourth bedroom styled as a library and music room. With four bedrooms, four-and-a-half baths, exquisite finishes inside and out, and unforgettable mountain views from nearly every vantage point, this remarkable fully furnished home delivers elevated living in one of Banner Elk’s reputable gated communities.

    Zillow last checked:

    Listing updated:

    Listed by:

    Amy Pepin (828)898-3251,

    Premier Sotheby's International Realty- Banner Elk

    Bought with:

    Matt Lambert, 208820

    Premier Sotheby's International Realty- Banner Elk

    Source: High Country AOR,MLS#: 260115MLS 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, Propane
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Gas Range, Gas Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Washer
    • Laundry: Washer Hookup, Dryer Hookup, Main Level
    Features
    • Furnished, Hot Tub/Spa, Sound System, Wired for Sound, Window Treatments
    • Windows: Window Treatments
    • Basement: Crawl Space,Partial,Partially Finished
    • Number of fireplaces: 3
    • Fireplace features: Three, Gas, Stone, Vented, Wood Burning, Outside
    • Furnished: Yes
    Interior area
    • Total structure area: 3,807
    • Total interior livable area: 3,629 sqft
    • Finished area above ground: 2,814
    • Finished area below ground: 815

    Property

    Parking
    • Parking features: Driveway, Gravel, Private
    • Has uncovered spaces: Yes
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Covered, Multiple, Open
    • Exterior features: Hot Tub/Spa, Storage, Gravel Driveway
    • Has spa: Yes
    • Spa features: Hot Tub
    • Has view: Yes
    • View description: Long Range, Mountain(s), Southern Exposure
    • Waterfront features: Pond
    Lot
    • Size: 1.48 Acres
    Details
    • Additional structures: Shed(s)
    • Parcel number: 18580757298600000
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mountain
    • Property subtype: Single Family Residence
    Materials
    • Cedar, Wood Frame
    • Foundation: Basement
    • Roof: Slate
    Condition
    • Year built: 2004

    Utilities & green energy

    • Sewer: Septic Permit 4 Bedroom
    • Water: Private, Well
    • Utilities for property: Cable Available, High Speed Internet Available

    Community & HOA

    Community
    • Features: Gated, Long Term Rental Allowed, Short Term Rental Allowed
    • Subdivision: The Farm At Banner Elk
    HOA
    • Has HOA: Yes
    • HOA fee: $1,925 annually
    Location
    • Region: Banner Elk

    Financial & listing details

    • Price per square foot: $744/sqft
    • Tax assessed value: $1,274,900
    • Annual tax amount: $10,964
    • Date on market: 2/26/2026
    • Listing terms: Cash,Conventional,New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/9/2026Sold$2,700,000+4.7%$744/sqft
    Source: High Country AOR #260115 Report a problem
    3/11/2026Contingent$2,580,000$711/sqft
    Source: High Country AOR #260115 Report a problem
    2/26/2026Listed for sale$2,580,000+101.2%$711/sqft
    Source: High Country AOR #260115 Report a problem
    10/17/2016Sold$1,282,500+1.4%$353/sqft
    Source: High Country AOR #39201938 Report a problem
    12/21/2006Sold$1,265,000$349/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,100 $1,274,900
    2024$5,100 $1,274,900
    2023$5,100 -53.5%$1,274,900
    2022$10,964 -7.5%$1,274,900 +19.4%
    2021$11,857 $1,068,200
    2020$11,857 $1,068,200
    2019$11,857 +0.9%$1,068,200
    2018$11,750 +100%$1,068,200 +55.2%
    2017$5,875 +90.9%$688,300
    2016$3,078 $688,300
    2015$3,078 $688,300
    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.

    Sell for more on Zillow
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    $2,698,000
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    +$53,960
    With Zillow Showcase(estimated)
    $2,751,960