Immerse yourself in paradise at the Elk River Dream Home. Imagine cascading twin waterfalls and enchanting gardens whispering secrets as you arrive at your firepit-lit entrance. This is not a dream, but the everyday reality at the Elk River Dream Home. Step inside and discover a haven of luxury crafted with the finest materials. A gourmet kitchen, complete with top-of-the-line appliances, awaits your culinary creations. Need a quiet space to work? The home office provides the perfect sanctuary. For movie nights or family gatherings, the recreational/theater room offers endless entertainment possibilities.
But the opulence extends far beyond functionality. Travertine marble, onyx, slate, and custom oak floors flow seamlessly throughout the home, creating an atmosphere of timeless elegance. Unwind in one of four luxurious bedroom suites, each a private oasis. A spacious bonus room on the lower level offers additional living space, while five and a half exquisite baths ensure everyone has a place to pamper themselves. The true crown jewel of this estate, however, lies outdoors. Expansive decks on this four-and-a-half-acre property, perched atop one of Elk River's highest elevations, offer breathtaking panoramic vistas that will leave you speechless. This is your chance to live the dream - where luxury meets nature's majesty.
Sold for $4,130,000
$4,130,000
977 Summit Park Drive, Banner Elk, NC 28604
4beds
5,602sqft
Single Family Residence
Built in 2002
4.56 Acres Lot
$4,287,300 Zestimate®
$737/sqft
$3,539 Estimated rent
Home value
$4,287,300
$3.82M - $4.76M
$3,539/mo
Zestimate® history
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$29,916/mo
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Zillow last checked:
Listing updated:
Listed by:
Richard Foster 828-898-9777,
Elk River Realty,
Kylie Clark 828-387-0222,
Elk River Realty
Bought with:
Sarah Whitfield, 214403
Premier Sotheby's International Realty- Banner Elk
Source: High Country AOR,MLS#: 250829
Originating MLS: High Country Association of Realtors Inc.
Originating MLS: High Country Association of Realtors Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Heating
- Electric, Forced Air, Fireplace(s), Gas, Heat Pump, Propane
Cooling
- Electric, Heat Pump, 3+ Units
Appliances
- Included: Dishwasher, Exhaust Fan, Electric Water Heater, Gas Cooktop, Disposal, Gas Range, Microwave, Refrigerator
- Laundry: Washer Hookup, Dryer Hookup, Main Level
Features
- Attic, Wet Bar
- Windows: Double Pane Windows, Screens
- Basement: Crawl Space
- Attic: Floored
- Number of fireplaces: 2
- Fireplace features: Two, Gas, Stone, Vented, Wood Burning, Propane
Interior area
- Total structure area: 6,987
- Total interior livable area: 5,602 sqft
- Finished area above ground: 2,801
- Finished area below ground: 2,801
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage, Two Car Garage, Paved, Private
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Covered, Multiple, Open
- Exterior features: Fire Pit, Paved Driveway
- Pool features: Community
- Has view: Yes
- View description: Long Range, Mountain(s)
Lot
- Size: 4.56 Acres
- Features: Waterfall
Details
- Parcel number: 18470118350700000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Stone, Wood Siding, Wood Frame
- Roof: Shake,Wood
Condition
- Year built: 2002
Utilities & green energy
- Sewer: Private Sewer, Septic Permit 4 Bedroom
- Water: Community/Coop
- Utilities for property: Cable Available, High Speed Internet Available
Community & HOA
Community
- Features: Clubhouse, Equestrian Community, Fitness Center, Golf, Gated, Pickleball, Pool, Airport/Runway, Tennis Court(s)
- Security: Security System, 24 Hour Security
- Subdivision: Elk River
HOA
- Has HOA: Yes
- HOA fee: $6,137 annually
Location
- Region: Banner Elk
Financial & listing details
- Price per square foot: $737/sqft
- Tax assessed value: $1,762,000
- Annual tax amount: $7,048
- Date on market: 7/8/2024
- Listing terms: Cash,Conventional,New Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2024 | Sold | $4,130,000-8.1%$737/sqft |
Source:  High Country AOR #250829 Report a problem | ||
| 8/16/2024 | Contingent | $4,495,000$802/sqft |
Source: High Country AOR #250829 Report a problem | ||
| 7/8/2024 | Listed for sale | $4,495,000+32.2%$802/sqft |
Source: High Country AOR #250829 Report a problem | ||
| 8/10/2023 | Listing removed | -- |
Source: High Country AOR #243651 Report a problem | ||
| 7/14/2023 | Contingent | $3,400,000$607/sqft |
Source: High Country AOR #243651 Report a problem | ||
| 6/20/2023 | Listed for sale | $3,400,000+100%$607/sqft |
Source: High Country AOR #243651 Report a problem | ||
| 10/21/2020 | Sold | $1,700,000-15%$303/sqft |
Source: High Country AOR #222167 Report a problem | ||
| 9/10/2020 | Pending sale | $1,999,999$357/sqft |
Source: Elk River Realty #222167 Report a problem | ||
| 6/2/2020 | Listed for sale | $1,999,999$357/sqft |
Source: Elk River Realty #222167 Report a problem | ||
| 6/3/2019 | Listing removed | $1,999,999$357/sqft |
Source: Elk River Realty #213820 Report a problem | ||
| 4/27/2019 | Listed for sale | $1,999,999-16.7%$357/sqft |
Source: Elk River Realty #213820 Report a problem | ||
| 12/2/2008 | Sold | $2,400,000+4.3%$428/sqft |
Source: Public Record Report a problem | ||
| 6/2/2008 | Sold | $2,300,000$411/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,048 | $1,762,000 |
| 2024 | $7,048 | $1,762,000 |
| 2023 | $7,048 | $1,762,000 |
| 2022 | $7,048 -6% | $1,762,000 +29.2% |
| 2021 | $7,501 | $1,363,800 |
| 2020 | $7,501 | $1,363,800 |
| 2019 | $7,501 | $1,363,800 |
| 2018 | $7,501 | $1,363,800 -3.7% |
| 2017 | $7,501 +18.4% | $1,416,200 |
| 2016 | $6,333 | $1,416,200 |
| 2015 | $6,333 | $1,416,200 |
Find assessor info on the county website
Neighborhood: 28604
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Nearby schools
GreatSchools rating
- 8/10Banner Elk Elementary SchoolGrades: PK-5Distance: 3.1 mi
- 2/10Avery MiddleGrades: 6-8Distance: 4.4 mi
- 3/10Avery County High SchoolGrades: 9-12Distance: 4.3 mi
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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- North Carolina
- Avery County
- Banner Elk
- 28604
- 977 Summit Park Drive
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