Just below awe-inspiring Dunvegan Peak, this exceptional estate, offering over 7,400 square feet of living space, boasts views of Sugar Mountain and Grandfather Mountain. The home’s gracious layout and upscale finishes are thoughtfully designed to support multi-generational living. Go into the expansive great room where vaulted ceilings, warm wood details and a floor-to-ceiling stone fireplace set the tone for timeless mountain elegance. Enjoy year-round views in the glass-enclosed sunroom, complete with a stunning stone fireplace. The gourmet kitchen is equally impressive, featuring stainless steel appliances, a large island and access to two decks. Included in this side of the south wing is a half bath, laundry room and elevator. The north wing boasts a luxurious primary suite with spa-inspired bath, jetted tub, glass-door shower and dual vanities, along with a walk-in closet. Two additional guest suites each feature onyx stone baths and walk-in closets. One of the suites also includes a light-filled office with views and direct access to a side deck. For large groups or guests, the lower level offers remarkable flexibility with a fourth bedroom suite, three additional bonus rooms used as sleeping quarters, two additional full baths, a second laundry room, full pantry, workshop, fitness room, cozy den, and an expansive family/game room complete with a bar. Additional highlights include some radiant-heated tile flooring on the lower level, bamboo flooring, multiple garages and carports, and storage. Gently graded steps lead to the lower carport, leading to two additional sleeping rooms, a full bath, electric baseboard heat and garage with select appliances. Ideally minutes from dining and grocery options, it is also a short drive to Sugar Mountain Resort & Golf and heart of downtown Banner Elk. Listing brokers are in the process of finding permits for the basement remodel and addition. Seller is working to finalize four outstanding permits with Avery Co. There is a pending lawsuit against POA for STR restrictions.
For sale
$2,450,000
45 Dunvegan Road, Banner Elk, NC 28604
4beds
7,414sqft
Est.:
Single Family Residence
Built in 1994
2.99 Acres Lot
$-- Zestimate®
$330/sqft
$200/mo HOA
What's special
Upscale finishesBonus roomsFitness roomGourmet kitchenVaulted ceilingsMultiple garages and carportsGracious layout
- 233 days |
- 641 |
- 17 |
Zillow last checked: 8 hours ago
Listing updated: October 04, 2025 at 07:32am
Listed by:
Maurice Williams (828)337-0221,
Premier Sotheby's Int'l Realty,
Anna Story 828-263-2740,
Premier Sotheby's Int'l Realty
Source: High Country AOR,MLS#: 254498
Originating MLS: High Country Association of Realtors Inc.
Originating MLS: High Country Association of Realtors Inc.Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Heating
- Baseboard, Electric, Forced Air, Fireplace(s), Propane, Radiant Floor, Zoned
Cooling
- None
Appliances
- Included: Built-In Oven, Dryer, Dishwasher, Exhaust Fan, Freezer, Gas Cooktop, Disposal, Gas Water Heater, Microwave Hood Fan, Microwave, Other, Refrigerator, See Remarks, Tankless Water Heater, Washer
- Laundry: Washer Hookup, Dryer Hookup, In Basement, Main Level
Features
- Elevator, Hot Tub/Spa, Skylights, Vaulted Ceiling(s), Window Treatments, Jetted Tub
- Windows: Casement Window(s), Double Pane Windows, Skylight(s), Window Treatments
- Basement: Full,Interior Entry,Walk-Out Access
- Number of fireplaces: 3
- Fireplace features: Three, Gas, Other, See Remarks, Vented, Propane
Interior area
- Total structure area: 7,414
- Total interior livable area: 7,414 sqft
- Finished area above ground: 3,343
- Finished area below ground: 4,071
Video & virtual tour
Property
Parking
- Parking features: Asphalt, Basement, Carport, Driveway, Detached, Garage, Other, Paved, Private, See Remarks
- Has garage: Yes
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Composite, Multiple, Open
- Exterior features: Elevator, Fire Pit, Hot Tub/Spa, Out Building(s), Paved Driveway
- Has spa: Yes
- Spa features: Hot Tub
- Has view: Yes
- View description: Mountain(s), Ski Area
- Waterfront features: Creek
Lot
- Size: 2.99 Acres
Details
- Additional structures: Guest House, Living Quarters, Outbuilding
- Parcel number: 18670527296600000
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mountain
- Property subtype: Single Family Residence
Materials
- Fiber Cement, Wood Frame
- Roof: Architectural,Shingle
Condition
- Year built: 1994
Utilities & green energy
- Electric: Generator, 220 Volts
- Sewer: Private Sewer, Septic Permit 5 or More Bedroom, Septic Tank
- Water: Private, Well
- Utilities for property: High Speed Internet Available, Septic Available
Community & HOA
Community
- Features: Gated, Long Term Rental Allowed
- Subdivision: Tynecastle
HOA
- Has HOA: Yes
- HOA fee: $2,400 annually
Location
- Region: Banner Elk
Financial & listing details
- Price per square foot: $330/sqft
- Tax assessed value: $1,298,400
- Annual tax amount: $5,193
- Date on market: 4/21/2025
- Listing terms: Cash,Conventional,New Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$7,446/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2025 | Price change | $2,450,000-10.9%$330/sqft |
Source:  High Country AOR #254498 Report a problem | ||
| 4/21/2025 | Listed for sale | $2,750,000-8.2%$371/sqft |
Source: High Country AOR #254498 Report a problem | ||
| 9/30/2024 | Listing removed | $2,995,000$404/sqft |
Source: High Country AOR #251094 Report a problem | ||
| 7/24/2024 | Listed for sale | $2,995,000+580.7%$404/sqft |
Source: High Country AOR #251094 Report a problem | ||
| 11/13/2017 | Sold | $440,000$59/sqft |
Source: High Country AOR #200231 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,194 | $1,298,400 |
| 2023 | $5,194 +20.4% | $1,298,400 +20.4% |
| 2022 | $4,315 -28.2% | $1,078,700 -1.3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$14,091/mo
Principal & interest
$12196
Home insurance
$858
Other costs
$1037
Climate risks
Neighborhood: 28604
Nearby schools
GreatSchools rating
- 7/10Banner Elk Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 2/10Avery MiddleGrades: 6-8Distance: 6.2 mi
- 4/10Avery County High SchoolGrades: 9-12Distance: 6.2 mi
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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