50 Hanging Rock Knoll Place, Banner Elk, NC 28604 (MLS # 246061)

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PRICE$1,200,000 dsIDX morgage calculator
BEDS 4
BATHS 5
HOME SIZE 3,596 sqft
LOT SIZE 22,216 sqft

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 452 LAST UPDATED 12/16/2024
TRACT The Farm At Banner Elk YEAR BUILT 2003
COMMUNITY 8-Banner Elk GARAGE SPACES 1.0
COUNTY Avery STATUS Conditional
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary SchoolBanner Elk
High SchoolAvery 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
AIRCentral Air
AIR CONDITIONINGYes
APPLIANCESDishwasher, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
AREA8-Banner Elk
BASEMENTFinished, Yes
CONSTRUCTIONFrame, Shake Siding, Stone, Wood Siding
FIREPLACEYes
GARAGEYes
HEATFireplace(s), Forced Air, Natural Gas, Propane, Wood
HOA DUES1775
INTERIORHigh Speed Internet, Vaulted Ceiling(s)
LOT0.51 acre(s)
PARKINGGravel, Driveway, Garage, Private
SEWERPrivate Sewer
STORIES3+
STYLEMountain
SUBDIVISIONThe Farm At Banner Elk
TAXES6888
UTILITIESCable Available
VIEWYes
VIEW DESCRIPTIONMountain(s)
WATERPrivate, Well
WATERFRONT DESCRIPTIONPond
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TOTAL MONTHLY PAYMENT

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Listing provided by Sarah Whitfield, Premier Sotheby's International Realty- Banner Elk, (828) 260-2929

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This IDX solution is (c) Diverse Solutions 2024.