Under contract

Active Under Contract

50 Hanging Rock Knoll Place

Banner Elk NC, 28604

$1,200,000


$333.70 per sqft

Under contract

Active Under Contract

4 Beds

5 Baths

3,596 sqft

Residential

Built in 2003

Listing Courtesy of Premier Sotheby's International Realty- Banner Elk

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.

246061

MLS ID

September 28, 2023

Listed

December 16, 2024

Updated

Map

50 Hanging Rock Knoll Place
Banner Elk NC, 28604

Interior Features

Total Stories

3


Bedrooms

4


Total Bathrooms

5


Full Bathrooms

4


Half Bathrooms

1


Interior Features

Vaulted Ceiling(s), Window Treatments


Appliances

Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer


Laundry Description

Main Level


Fireplace

Yes


Fireplace Description

Two, Stone, Propane


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Fireplace(s), Gas, Propane, Wood

Exterior/Building Features

Lot Size

0.51 Acres


Exterior Features

Gravel Driveway


Architectual Style

Mountain


Roof

Asphalt, Shingle


Sewer

Private Sewer, Septic Permit 5 or More Bedroom

School Information

High School

Avery County


Elementary School

Banner Elk

Other Property Details

Area Name

8-Banner Elk


Taxes

$6,888


Tax Frequency

Annually


Days on Market

445


Association Fee

$1,775


Association Fee Frequency

Yearly


Garage

Yes


Garage Spaces

1


Parking

Driveway, Garage, One Car Garage, Gravel, Private


View

Yes


View Description

Mountain(s), Southern Exposure


County

Avery


Water Source

Private, Well


Pool

No


Waterfront

Yes

Listing History

Date

Event

Price

12/16/2024

Under contract

9/18/2024

Active

9/4/2024

Under contract

8/16/2024

Price change

$1,200,000

-25%

6/25/2024

Price change

$1,600,000

14%

3/18/2024

Price change

$1,395,000

-7%

11/20/2023

Price change

$1,495,000

-7%

 

The information from this search is provided by the High Country Association of REALTORS, Inc. Please be aware that not all listings produced from this search will be of this real estate company. All information is deemed reliable, but not guaranteed. Please verify all property information before entering into a purchase. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. This data is up-to-date as of 2:40 PM UTC 12/16/2024. For the most current information please contact Sybil Carpenter Hobbs at [email protected].

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