Welcome to one of Banner Elk’s most distinctive residences-modern elegance meets urban-industrial sophistication. Conceived & curated by Academy Award–winning producers, this bespoke home showcases perfect harmony between natural mountain warmth & cutting-edge design. From hand-selected local timber beams to artisan-crafted furniture, fixtures & lighting sourced from top makers across the country, every detail chosen with intention & aesthetic precision. Privately nestled at the end of a 300-ft driveway in a beautiful gated enclave, the home offers rare, uninterrupted panoramic views of the High Country completely unspoiled by neighboring rooftops-yet only 3 minutes from downtown Banner Elk & less than 10 minutes to the ski lifts. Designed as a sanctuary for both people & pets, property features nearly an acre of beautifully landscaped grounds wrapped in a discreet privacy fence—creating the ultimate off-leash haven for your dogs to roam freely. Luxury meets function in every room.
Closed
$2,700,000
706 Silver Springs Dr, Banner Elk, NC 28604
5beds
3,979sqft
Single Family Residence
Built in 2020
1.16 Acres Lot
$2,712,200 Zestimate®
$679/sqft
$5,521 Estimated rent
Home value
$2,712,200
Estimated sales range
Not available
$5,521/mo
Zestimate® history
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List your homeWhat's special
Modern eleganceBeautifully landscaped groundsNatural mountain warmthHand-selected local timber beamsUrban-industrial sophisticationArtisan-crafted furnitureDiscreet privacy fence
Zillow last checked:
Listing updated:
Listed by:
Lisa Holmes lholmes@brri.net,
Blue Ridge Realty & Investments
Bought with:
Non Member
Canopy Administration
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4275009
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: Basement
Bathroom full
- Level: Main
Bathroom half
- Level: Main
Bathroom full
- Level: Basement
Bathroom half
- Level: Basement
Bonus room
- Level: Upper
Dining room
- Level: Main
Family room
- Level: Basement
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Recreation room
- Level: Basement
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator with Ice Maker, Self Cleaning Oven, Washer
- Laundry: Laundry Room, Main Level
Features
- Basement: Walk-Out Access
Interior area
- Total structure area: 2,526
- Total interior livable area: 3,979 sqft
- Finished area above ground: 2,526
- Finished area below ground: 1,453
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Attached Garage, Garage on Main Level
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: 1 Story/F.R.O.G.
- Exterior features: Other - See Remarks
- Fencing: Partial
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 1.16 Acres
Details
- Parcel number: 18490071948600000
- Zoning: r
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Rustic
- Property subtype: Single Family Residence
Materials
- Stone Veneer, Wood
- Roof: Shingle
Condition
- New construction: No
- Year built: 2020
Utilities & green energy
- Sewer: Septic Installed
- Water: Well
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: Silver Springs Farm
HOA
- Has HOA: Yes
- HOA fee: $3,000 annually
- HOA name: Silver Springs Farm Estates
Location
- Region: Banner Elk
Financial & listing details
- Price per square foot: $679/sqft
- Tax assessed value: $1,314,400
- Date on market: 6/27/2025
- Cumulative days on market: 94 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Gravel, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2025 | Sold | $2,700,000-8.5%$679/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4275009 Report a problem | ||
| 9/29/2025 | Pending sale | $2,950,000$741/sqft |
Source: Canopy MLS as distributed by MLS GRID #4275009 Report a problem | ||
| 7/28/2025 | Contingent | $2,950,000$741/sqft |
Source:  High Country AOR #256221 Report a problem | ||
| 6/20/2025 | Listed for sale | $2,950,000+125.9%$741/sqft |
Source: High Country AOR #256221 Report a problem | ||
| 11/15/2021 | Sold | $1,306,000+0.8%$328/sqft |
Source: High Country AOR #227347 Report a problem | ||
| 6/28/2021 | Pending sale | $1,295,000$325/sqft |
Source:  RE/MAX International #227347 Report a problem | ||
| 6/26/2021 | Listing removed | -- |
Source: RE/MAX International Report a problem | ||
| 3/31/2021 | Price change | $1,295,000+29.6%$325/sqft |
Source: RE/MAX International #227347 Report a problem | ||
| 2/19/2021 | Price change | $999,000+2.5%$251/sqft |
Source: RE/MAX Executive #227347 Report a problem | ||
| 12/5/2020 | Listed for sale | $975,000$245/sqft |
Source: RE/MAX Executive #227347 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 28604
Nearby homes
- $2,700,0005 bd5 ba3.9k sqftSilver Springs Farm Rd, Banner elk, NC 28604Sold
- $45,0001.12 AcresSilver Fox Ln, Banner elk, NC 28604Off Market
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- $120,0001.06 AcresLOT 21 Silver Springs Dr, Banner Elk, NC 28604Lot/Land
- $275,0000.71 AcresLOT 26 Silver Fox Ln, Banner Elk, NC 28604Lot/Land
- $45,000-- bd-- ba-- sqftSilver Fox Ln, Banner elk, NC 28604Off Market
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- $635,0004 bd3 ba2.9k sqft372 Silver Springs Dr #20, Banner Elk, NC 28604Sold
Nearby schools
GreatSchools rating
- 8/10Banner Elk Elementary SchoolGrades: PK-5Distance: 2 mi
- 5/10Cranberry Middle SchoolGrades: 6-8Distance: 4.5 mi
- 3/10Avery County High SchoolGrades: 9-12Distance: 6.9 mi
Schools provided by the listing agent
- Elementary: Banner Elk
- Middle: Avery County
- High: Avery County
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- North Carolina
- Avery County
- Banner Elk
- 28604
- 706 Silver Springs Dr
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