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Sold for $1,000,000
  • $1,000,000

    127 Raven Road, Banner Elk, NC 28604

    3beds
    2,017sqft
    Single Family Residence
    Built in 2006
    0.45 Acres Lot
    $999,800 Zestimate®
    $496/sqft
    $2,821 Estimated rent

    Home value

    $999,800

    $940,000 - $1.06M

    $2,821/mo

    Zestimate® history
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    What's special

    Imagine the luxury of owning a home that pays for itself—this IS an INVESTOR'S DREAM PROPERTY or the VACATION HOME you have been waiting for with OVER $400K in rental income over the last 4 years! Welcome HOME to "Raven Overlook Lodge," a stunning retreat perched high in the desirable Cliffs area of Beech Mountain! This unique property is a RARE GEM that encapsulates every amenity one could desire in a mountain home - LOCATION - VIEWS - CREEK - HOT TUB - SAUNA - GAME ROOM - GENERATOR - A/C & BEECH MOUNTAIN CLUB MEMBERSHIP! As you approach, be prepared to be captivated by the sweeping WESTERLY VIEWS and make sure to stay around for the exquisite sunsets that can be relished from the expansive timber frame decks and steaming hot tub. Picture family & friends gathering around the fire pit, sharing stories under a blanket of stars, where unforgettable memories will be created. "Raven Overlook Lodge" is meticulously maintained, offering 3 spacious bedrooms, 2 bathrooms, a game room and a convenient garage. The interior boasts a modern, mountain-chic design complemented by beautiful interior decor and furnishings. The main living area is bathed in natural light from the floor-to-ceiling windows and a gas log fireplace serving as the home's focal point. Also on this level, you'll find the primary bedroom suite with panoramic long-range views, while the updated kitchen (2022) is equipped with stainless appliances and granite counters including a center island bar. The lower level offers 2 guest bedrooms, 1 full bath and rec/game room furnished with pool table and 2 sets of murphy beds to accommodate visiting family & friends. The home features both A/C & heating mini-split systems (2022) ensuring year-round comfort, regardless of the season. The outdoor spaces are where you will spend MOST of your time, showcasing two new levels of expansive timber frame decking (2023), a hot tub for relaxation, a custom fire pit & SAUNA! Recent upgrades also include a new roof (2023), wifi thermostats and generator (2022) providing peace of mind for years to come. This retreat is nestled on a private lot with a gentle bubbling creek & beautiful rock formations & offers a sense of seclusion while still maintaining easy accessibility through a paved driveway and garage. In addition, this home comes fully furnished and with a CURRENT Beech Mountain Club membership ($25k value) granting you member only access to the premier golf course, tennis facilities, fitness room, outdoor heated pool and exquisite dining options. Whether you are seeking a lucrative turnkey investment opportunity or a 2nd home nestled in nature, "Raven Overlook Lodge" is sure to captivate you with its breathtaking VIEWS, desirable amenities and is sure to become your destination where every moment will become a wonderful memory.

    Zillow last checked: 7 hours ago

    Listing updated: February 26, 2026 at 10:56am

    Listed by:

    Cindy Giarrusso 828-964-2896,

    Blue Ridge Realty & Investment

    Bought with:

    NONMLS MEMBER, 800273

    NONMLS

    Source: High Country AOR,MLS#: 259576MLS LogoOriginating MLS: High Country Association of Realtors Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard, Ductless, Electric, Fireplace(s), Space Heater, Wall Furnace
    Cooling
    • Ductless
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Microwave Hood Fan, Microwave, Refrigerator, Washer
    • Laundry: Main Level
    Features
    • Cathedral Ceiling(s), Furnished, Hot Tub/Spa, Window Treatments
    • Windows: Window Treatments
    • Basement: Crawl Space
    • Number of fireplaces: 1
    • Fireplace features: One, Gas, Stone, Vented, Propane
    • Furnished: Yes
    Interior area
    • Total structure area: 2,017
    • Total interior livable area: 2,017 sqft
    • Finished area above ground: 2,017
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Driveway, Garage, One Car Garage, Other, Paved, Private, See Remarks
    • Garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Multiple
    • Exterior features: Fire Pit, Hot Tub/Spa, Paved Driveway
    • Pool features: Community
    • Has spa: Yes
    • Spa features: Hot Tub, Sauna
    • Has view: Yes
    • View description: Long Range, Creek/Stream
    • Has water view: Yes
    • Water view: Creek/Stream
    Lot
    • Size: 0.45 Acres
    Details
    • Parcel number: 1940746123000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mountain
    • Property subtype: Single Family Residence
    Materials
    • Cedar, Stone, Wood Frame
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 2006

    Utilities & green energy

    • Electric: Generator
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: High Speed Internet Available

    Community & neighborhood

    Community
    • Community features: Club Membership Available, Dog Park, Fitness Center, Golf, Lake, Pickleball, Pool, Skiing, Tennis Court(s), Trails/Paths, Long Term Rental Allowed, Short Term Rental Allowed
    Location
    • Region: Banner Elk
    • Subdivision: The Cliffs

    Other

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

    Price history

    DateEventPrice
    2/26/2026Sold$1,000,000+0.1%$496/sqft
    Source: High Country AOR #259576 Report a problem
    1/23/2026Contingent$999,500$496/sqft
    Source: High Country AOR #259576 Report a problem
    1/15/2026Listed for sale$999,500+66.9%$496/sqft
    Source: High Country AOR #259576 Report a problem
    11/12/2021Sold$599,000$297/sqft
    Source: High Country AOR #234068 Report a problem
    10/25/2021Contingent$599,000$297/sqft
    Source: High Country AOR #234068 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,017 +8.1%$601,900 +8.6%
    2023$1,865 +1.2%$554,200
    2022$1,842 +76.7%$554,200 +132%

    Find assessor info on the county website

    Neighborhood: 28604

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Valle Crucis
    • High: Watauga

    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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