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Sold for $2,360,000
  • $2,360,000

    950 Equestrian Drive, Banner Elk, NC 28604

    6beds
    5,434sqft
    Single Family Residence
    Built in 1997
    5.15 Acres Lot
    $2,588,100 Zestimate®
    $434/sqft
    $5,001 Estimated rent

    Home value

    $2,588,100

    $2.20M - $3.00M

    $5,001/mo

    Zestimate® history
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    What's special

    Welcome to this gorgeous mountain retreat located in the heart of the high county Elk River Club. As you enter through canopied driveway with trickling waterfall you arrive at 950 Equestrian. Warm wood and vaulted ceilings greet you upon entry. Chefs kitchen, open great room, stone fireplace and long range layered view set the scene for your new mountain getaway. This home is spacious enough for a large family Christmas, and laid out perfectly for one level living when it is just the two of you. Three full bedrooms suites on the main level and take elevator to lower level featuring three more bedrooms, second living area, 1000+ Bottle wine cellar, and additional outdoor living space. Features such as four wood burning fireplaces, chef kitchen, full house generac, in line tankless water heaters completed this home. Steps away from the gorgeous Elk River Club equestrian center and riding trails. In additional Elk River club boast Jack Nicklaus golf course, club house, restaurant, swimming pool, tennis courts, pickle ball, dog park, walking trails and much more. Schedule your showing today.

    Zillow last checked:

    Listing updated:

    Listed by:

    Peter Foote (828)898-3808,

    Engel & Volkers Banner Elk,

    Natalie Geist 336-880-4470,

    Engel & Volkers Banner Elk

    Bought with:

    Peter Foote, 327771

    Engel & Volkers Banner Elk

    Source: High Country AOR,MLS#: 249504MLS LogoOriginating MLS: High Country Association of Realtors Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Propane
    Cooling
    • 3+ Units
    Appliances
    • Included: Double Oven, Dryer, Dishwasher, Freezer, Disposal, Gas Range, Gas Water Heater, Microwave, Other, Refrigerator, See Remarks, Tankless Water Heater, Washer
    • Laundry: Main Level
    Features
    • Elevator
    • Windows: Double Hung
    • Basement: Crawl Space
    • Number of fireplaces: 3
    • Fireplace features: Three, Other, See Remarks, Stone, Wood Burning
    Interior area
    • Total structure area: 5,434
    • Total interior livable area: 5,434 sqft
    • Finished area above ground: 3,564
    • Finished area below ground: 1,870

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Garage, Two Car Garage, Paved, Private
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: None, Paved Driveway
    • Has view: Yes
    • View description: Long Range
    Lot
    • Size: 5.15 Acres
    • Features: Waterfall
    Details
    • Parcel number: 18380298982400000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stone, Wood Siding, Wood Frame
    • Roof: Shake,Wood
    Condition
    • Year built: 1997

    Utilities & green energy

    • Electric: Generator
    • Sewer: Septic Tank
    • Water: Community/Coop
    • Utilities for property: Septic Available

    Community & HOA

    Community
    • Features: Airport/Runway
    • Security: 24 Hour Security
    • Subdivision: Elk River
    HOA
    • Has HOA: Yes
    • HOA fee: $6,137 annually
    Location
    • Region: Elk Park

    Financial & listing details

    • Price per square foot: $434/sqft
    • Tax assessed value: $1,703,100
    • Annual tax amount: $6,812
    • Date on market: 5/7/2024
    • Listing terms: Cash,Conventional,New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/20/2024Sold$2,360,000-9.2%$434/sqft
    Source: High Country AOR #249504 Report a problem
    8/13/2024Contingent$2,600,000$478/sqft
    Source: High Country AOR #249504 Report a problem
    8/5/2024Price change$2,600,000-8.8%$478/sqft
    Source: High Country AOR #249504 Report a problem
    5/21/2024Listed for sale$2,850,000$524/sqft
    Source: High Country AOR #249504 Report a problem
    5/14/2024Contingent$2,850,000$524/sqft
    Source: High Country AOR #249504 Report a problem
    5/7/2024Listed for sale$2,850,000$524/sqft
    Source: High Country AOR #249504 Report a problem
    4/12/2023Listing removed--
    Source: Engel & Volkers Report a problem
    10/17/2022Listed for sale$2,850,000+78.1%$524/sqft
    Source: High Country AOR #240001 Report a problem
    3/15/2016Sold$1,600,000$294/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,812 $1,703,100
    2024$6,812 $1,703,100
    2023$6,812 $1,703,100
    2022$6,812 -18.3%$1,703,100 +12.3%
    2021$8,340 $1,516,400
    2020$8,340 $1,516,400
    2019$8,340 $1,516,400
    2018$8,340 $1,516,400 +25.1%
    2017$8,340 $1,212,000
    2016-- $1,212,000 +4.9%
    2015$5,167 $1,155,400
    Find assessor info on the county website

    Neighborhood: 28604

    Nearby schools

    GreatSchools rating
    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.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $2,588,100
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    +$51,762
    With Zillow Showcase(estimated)
    $2,639,862