50 Hanging Rock Knoll Place, Banner Elk, NC 28604 (MLS # 246061)
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Exceptional craftsmanship is found in this one-of-a-kind, rustically elegant home in The Farm at Banner Elk. This spectacular home offers all the beauty and charm one could possibly want inside and out. The stone path through a beautiful garden leads you to the attractive covered stone entry. Once inside, you will find spacious, main-level living, hardwood floors, stone fireplace, access to multiple covered and open decks, gourmet kitchen and dining room with granite countertops, top-of-the-line appliances and custom cabinetry. You will also find two primary suites each with their own private deck, one on the main level and the second found upstairs with a double-sided fireplace. Additionally, the home features two oversized guest suites, each with their own custom baths, media room and abundance of storage, custom millwork and a single-car garage. Not to be overlooked, the views of Hanging Rock and lush landscaping highlight the property, which can be enjoyed from the flagstone patio with its own custom fire pit. The home is ideal for someone looking to entertain or relax. This prime location in Banner Elk is convenient for year-round or seasonal living. The gated community of The Farm at Banner Elk offers fabulous park-like amenities such as streams, stocked trout ponds, trails and outdoor pavilion with a fireplace. It is also conveniently and centrally located in the heart of Banner Elk, with its unique shops and restaurants, and within a short distance to Linville, Grandfather Mountain, The Blue Ridge Parkway, ASU, and Beech, Sugar and Appalachian ski mountains. House may be purchased furnished for $1,595,000. Note: There is a discrepancy between tax square footage and actual measurements. Landscaping has been updated, and new railings have been installed to house and walkway. Leak being repaired at main level shower. September 2024 Home inspection report available. $895/per lot assessment at The Farm At Banner Elk to be paid by 02/28/2025.
| DAYS ON MARKET | 460 | LAST UPDATED | 1/2/2025 |
|---|---|---|---|
| TRACT | The Farm At Banner Elk | YEAR BUILT | 2003 |
| COMMUNITY | 8-Banner Elk | GARAGE SPACES | 1.0 |
| COUNTY | Avery | STATUS | Sold |
| PROPERTY TYPE(S) | Single Family |
SCHOOLS
| Elementary School | Banner Elk |
|---|---|
| High School | Avery County |
| PRICE HISTORY | |
| Prior to Nov 20, '23 | $1,595,000 |
|---|---|
| Nov 20, '23 - Mar 18, '24 | $1,495,000 |
| Mar 18, '24 - Jun 25, '24 | $1,395,000 |
| Jun 25, '24 - Aug 16, '24 | $1,600,000 |
| Aug 16, '24 - Today | $1,200,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer |
| AREA | 8-Banner Elk |
| BASEMENT | Finished, Yes |
| CONSTRUCTION | Frame, Shake Siding, Stone, Wood Siding |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Fireplace(s), Forced Air, Natural Gas, Propane, Wood |
| HOA DUES | 1775 |
| INTERIOR | High Speed Internet, Vaulted Ceiling(s) |
| LOT | 0.51 acre(s) |
| PARKING | Gravel, Driveway, Garage, Private |
| SEWER | Private Sewer |
| STORIES | 3+ |
| STYLE | Mountain |
| SUBDIVISION | The Farm At Banner Elk |
| TAXES | 6888 |
| UTILITIES | Cable Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s) |
| WATER | Private, Well |
| WATERFRONT DESCRIPTION | Pond |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listing provided by Sarah Whitfield, Premier Sotheby's International Realty- Banner Elk, (828) 260-2929
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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Contact Information
3990 NC Highway 105 S. Suite C
Banner Elk, NC 28604
Banner Elk, NC 28604
Local: (828) 898.8965
Toll Free: 1 (800) 887.2446
Toll Free: 1 (800) 887.2446
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