950 Equestrian Drive Banner Elk, NC $ 2,850,000
950 Equestrian Drive
$ 2,850,000
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950 Equestrian Drive

Banner Elk, NC, 28604
$ 2,850,000
Bedrooms6 Baths5.1 Sq 5,434

Monthly Estimate*

$ 19,908

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Single Family Home for sale in Banner Elk, NC

for $2,850,000 with 6 bedrooms and 5 full baths, 1 half bath. This 5,434 square foot home was built in 1997 on a lot size of 5.145.

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.

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Single Family Contingent

Price

$ 2,850,000

Bedrooms

6

Full Bath

5

Half Bath

1

Property Type

Single Family

Taxes

$ 6,812

Style

Single Family

Lot Size

5.145

Year Built

1997

Town/City

Banner Elk

County/Region

Avery

MLS | Web ID

249504

Features
General
Interior Features Elevator
Sewer SepticTank
Heating ForcedAir Propane
Cooling Item3Units
Utilities SepticAvailable
Roof Shake Wood
Appliances DoubleOven Dryer Dishwasher Freezer Disposal GasRange GasWaterHeater Microwave Other Refrigerator SeeRemarks TanklessWaterHeater Washer
Exterior Features None PavedDriveway
HOA 6137.0
Garage Spaces 2.0
Security Features Item24HourSecurity
Construction Materials Stone WoodSiding WoodFrame
Year Built 1997
Electric Generator
View LongRange
Stories 2
Levels Two
Property SubType SingleFamilyResidence
Community Features AirportRunway
Assoc Fee Paid Per Annually
County Avery
New Construction N
Property Type Residential
HOA / Comm Assn Y
Attached Garage N
Subdivision Name Elk River
Garage Y/N Y
Status ActiveUnderContract
High School Avery County
City Banner Elk
View Y/N Y
Senior Community Y/N N
MLS Area 8-Banner Elk
Waterfront Y/N N
Carport Y/N N
Street Name Equestrian
Elementary School Banner Elk
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 6812.41
Home Warranty Y/N N
Middle/Junior High School Avery
Lease Renewal Y/N N
MLS Area Minor Banner Elk
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://vimeo.com/759583758?share=copy
Days on Market 7
Standard Status ActiveUnderContract
Property Sub Type Additional SingleFamilyResidence
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Interior
Basement CrawlSpace
Total Fireplaces 3
Fireplace Features Three Other SeeRemarks Stone WoodBurning
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features DoubleHung
Fireplace Y/N Y
Above Grade Finished Area 3564.0
Full Baths 5
Half Baths 1
Street Suffix Drive
Laundry Features MainLevel
Total Bedrooms 6
Below Grade Finished Area 1870.0
Electric On Property Y/N N
Total Baths 6
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Exterior
Parking Features Driveway Garage TwoCarGarage Paved Private
Lot Features Waterfall
Water Source CommunityCoop
Lot Size Area 5.145
Spa N
Building Area Total 5434.0
Lot Size Acres 5.145
Road Surface Type Paved
Lot Size Units Acres
Road Frontage Type PrivateRoad
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 950
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* Excluded Features
List By
Engel & Volkers Banner Elk

Broker

828-898-3808

Contact

Affordability Calculator

$20,476
Per Month
97%
3%
0%
Monthly Principal & Interest
$19,908
Monthly Property Taxes
$568
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4062214 Elementary School
4062215 Middle School
Avery County High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2024$2,850,000 Listed Price

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950 Equestrian Drive, Banner Elk, NC, 28604 is a Single Family Home for sale at $2,850,000 with 5,434 sqft and a lot size of 5.145. 950 Equestrian Drive has 6 bedrooms, 5.1 baths, and was built in 1997. The property's zip code is 28604 which is in Banner Elk, NC