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Sold for $1,075,000 on 11/15/24
  • $1,075,000

    340 Farm Loop Road, Banner Elk, NC 28604

    3beds
    2,821sqft
    Single Family Residence
    Built in 2003
    0.86 Acres Lot
    $1,077,600 Zestimate®
    $381/sqft
    $4,725 Estimated rent

    Home value

    $1,077,600

    Estimated sales range

    Not available

    $4,725/mo

    Zestimate® history
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    $7,848/mo

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    What's special

    Welcome to 340 Farm Loop Road, a stunning mountain retreat located within the gated community of The Farm at Banner Elk. This charming mountain cottage offers the perfect blend of privacy and convenience, perched among the picturesque landscapes of the Blue Ridge Mountains. Situated on a spacious lot, this custom-built home features high-end finishes and modern amenities throughout. The open concept living area boasts vaulted ceilings, hardwood floors, and a stone fireplace, creating a warm and inviting atmosphere for entertaining guests or simply relaxing. The gourmet kitchen is a chef's dream, with top-of-the-line appliances, granite countertops, and a large island for meal prep and casual dining. The primary suite is a true retreat with its spa-like bath, oversized closet and private access to the open and covered deck overlooking the lush surroundings. Two additional bedrooms provide plenty of space for family and guests, while a bonus room offers versatile options for a home office, gym, or media room. There is approximately 1,602 square feet of unfinished space at the basement level with endless opportunities for additional space. The expansive decking on both the front and back of the home, overlooking the well-maintained grounds and yard space, offers additional outdoor living space. The Farm at Banner Elk offers residents access to a wealth of park-like amenities, such as streams, stocked trout ponds, trails and an outdoor pavilion with a fireplace. Just minutes from downtown Banner Elk, you'll have easy access to shopping, dining, and outdoor recreation opportunities throughout the year. Don't miss your opportunity to own a piece of mountain paradise at 340 Farm Loop Road. Schedule a showing today and discover the luxury and lifestyle this exceptional property has to offer. Note: There is a discrepancy between tax square footage and actual measurements. Home inspection and repair list is available with disclosures.

    Zillow last checked: 8 hours ago

    Listing updated: November 15, 2024 at 12:50pm

    Listed by:

    Sarah Whitfield (828)260-2929,

    Premier Sotheby's International Realty- Banner Elk

    Bought with:

    Sarah Whitfield, 214403

    Premier Sotheby's International Realty- Banner Elk

    Source: High Country AOR,MLS#: 248256MLS LogoOriginating MLS: High Country Association of Realtors Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Fireplace(s), Propane
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Range, Washer
    • Laundry: Main Level
    Features
    • Vaulted Ceiling(s), Window Treatments
    • Windows: Window Treatments
    • Basement: Crawl Space,Unfinished,Walk-Out Access
    • Number of fireplaces: 1
    • Fireplace features: One, Propane
    Interior area
    • Total structure area: 4,423
    • Total interior livable area: 2,821 sqft
    • Finished area above ground: 2,821
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Asphalt, Attached, Driveway, Garage
    • Has attached garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Covered, Multiple, Open
    • Waterfront features: Pond
    Lot
    • Size: 0.86 Acres
    Details
    • Parcel number: 18580768575800000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mountain
    • Property subtype: Single Family Residence
    Materials
    • Stone, Wood Siding, Wood Frame
    • Foundation: Basement
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 2003

    Utilities & green energy

    • Sewer: Septic Permit 3 Bedroom
    • Water: Private, Well
    • Utilities for property: High Speed Internet Available

    Community & neighborhood

    Security
    • Security features: Security System
    Community
    • Community features: Gated, Long Term Rental Allowed, Short Term Rental Allowed
    Location
    • Region: Banner Elk
    • Subdivision: The Farm At Banner Elk

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $1,775 annually

    Other

    Other facts
    • Listing terms: Cash,Conventional,New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    11/15/2024Sold$1,075,000-10%$381/sqft
    Source: High Country AOR #248256
    9/18/2024Contingent$1,195,000$424/sqft
    Source: High Country AOR #248256
    9/5/2024Price change$1,195,000-7.4%$424/sqft
    Source: High Country AOR #248256
    7/26/2024Listed for sale$1,290,000$457/sqft
    Source: High Country AOR #248256
    7/19/2024Contingent$1,290,000$457/sqft
    Source: High Country AOR #248256

    Public tax history

    YearProperty taxesTax assessment
    2024$2,885 $721,200
    2023$2,885 -53.5%$721,200
    2022$6,202 -7.3%$721,200 +19.6%

    Find assessor info on the county website

    Neighborhood: 28604

    Nearby schools

    GreatSchools rating
    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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