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Sold for $1,000,000 on 12/31/24
  • $1,000,000

    50 Hanging Rock Knoll Place, Banner Elk, NC 28604

    4beds
    3,596sqft
    Single Family Residence
    Built in 2003
    0.51 Acres Lot
    $1,009,700 Zestimate®
    $278/sqft
    $4,929 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: January 02, 2025 at 05:52am

    Listed by:

    Sarah Whitfield (828)260-2929,

    Premier Sotheby's International Realty- Banner Elk

    Bought with:

    Tim Holland, 47480

    Holland Realty

    Source: High Country AOR,MLS#: 246061MLS LogoOriginating MLS: High Country Association of Realtors Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Fireplace(s), Gas, Propane, Wood
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
    • Laundry: Main Level
    Features
    • Vaulted Ceiling(s), Window Treatments
    • Windows: Double Pane Windows, Window Treatments
    • Basement: Finished
    • Number of fireplaces: 2
    • Fireplace features: Two, Stone, Propane
    Interior area
    • Total structure area: 3,596
    • Total interior livable area: 3,596 sqft
    • Finished area above ground: 2,587
    • Finished area below ground: 1,009

    Property

    Parking
    • Total spaces: 1
    • Parking features: Driveway, Garage, One Car Garage, Gravel, Private
    • Garage spaces: 1
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Covered, Multiple, Open
    • Exterior features: Gravel Driveway
    • Has view: Yes
    • View description: Mountain(s), Southern Exposure
    • Waterfront features: Pond
    Lot
    • Size: 0.51 Acres
    Details
    • Parcel number: 185807581186

    Construction

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

    Utilities & green energy

    • Sewer: Private Sewer, Septic Permit 5 or More Bedroom
    • Water: Private, Well
    • Utilities for property: Cable Available, High Speed Internet Available

    Community & neighborhood

    Security
    • Security features: Security System
    Community
    • Community features: Clubhouse, Gated, River, 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
    Services availability
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