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For sale
  • $1,475,000

    253 Farm Loop Road, Banner Elk, NC 28604

    4beds
    2,646sqft
    : 
    $8,447/mo
    Get pre-qualified
    Single Family Residence
    Built in 2021
    0.58 Acres Lot
    $-- Zestimate®
    $557/sqft
    $175/mo HOA

    What's special

    Mountain viewsFlexible floor planAbundance of windowsCentral air conditioning
    Mountain living feels effortless at 253 Farm Loop Road, where mountain views and an inviting sense of community come together in one of Banner Elk’s most sought-after gated neighborhoods, The Farm at Banner Elk. Built approximately four years ago and situated on a beautifully landscaped .58-acre corner lot, this three-plus-bedroom, three full and two half-bath home was thoughtfully designed for comfortable mountain living. A large covered front porch with two seating areas welcomes you home and provides the perfect place to slow down, enjoy the fresh mountain air, and take in the peaceful surroundings in this contemporary-style farmhouse. Inside, natural light fills the open kitchen, dining, and living areas through an abundance of windows, creating a bright and welcoming space for everyday living and entertaining. Gather around the dining table and look toward Sugar Mountain, where you see the ski lift at the top of the mountain, a wonderful reminder of just how close you are to everything this area has to offer. The flexible floor plan provides plenty of room for family and guests. Two ensuite guest rooms open from their own foyer; a primary suite with sliding doors to the south-facing back deck invites beautiful views with your morning coffee. A quiet office space with custom cabinetry is perfect for remote work. Upstairs, a bonus room offers even more versatility as a game room, media room, bunk space, or second living area. Just beyond is an impressive 524 square feet of unfinished space, offering an opportunity for future expansion and additional finished square footage. A one-car garage opens directly into a spacious utility and laundry room, making arrival home after a day on the trails or slopes especially convenient. Central air conditioning provides year-round comfort, while a newly installed whole-home generator adds peace of mind. Outside, beautiful landscaping surrounds the property and a fenced backyard creates a wonderful space for children, pets and outdoor enjoyment. The home is being offered partially furnished, making the transition to mountain living even easier. Life at The Farm at Banner Elk extends well beyond your front door. This gated community is known for its beautiful mountain setting and inviting amenities, including three ponds, a community pavilion with a stone fireplace and grill, and an expansive green space where family and friends can gather, play, and enjoy the outdoors. Whether spending a quiet morning on the covered front porch, watching the seasons change across the mountains from the back screened-in deck, gathering with neighbors by the pavilion fireplace, or heading into Banner Elk for dinner, 253 Farm Loop Road offers the opportunity to enjoy the High Country lifestyle from this move-in-ready home in a truly special community. NOTE: Waiting on updated professional measurements. The tax office counts the second-floor space, but it is not included in the tax total on the professional measurements.
    2 days
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    Zillow last checked:

    Listing updated:

    Listed by:

    Amy Pepin (828)898-3251,

    Premier Sotheby's International Realty- Banner Elk

    Source: High Country AOR,MLS#: 264217MLS LogoOriginating MLS: High Country Association of Realtors Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 3
      • 1/2 bathrooms: 2
      Heating
      • Forced Air, Propane
      Cooling
      • Central Air
      Appliances
      • Included: Built-In Oven, Dryer, Dishwasher, Exhaust Fan, Gas Cooktop, Gas Water Heater, Microwave, Other, Refrigerator, See Remarks, Washer
      • Laundry: Main Level
      Features
      • Cathedral Ceiling(s), Furnished
      • Basement: Crawl Space
      • Number of fireplaces: 1
      • Fireplace features: One
      • Furnished: Yes
      Interior area
      • Total structure area: 3,172
      • Total interior livable area: 2,646 sqft
      • Finished area above ground: 2,646
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 1
      • Parking features: Attached, Driveway, Garage, One Car Garage, Gravel, Private
      • Attached garage spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Multiple, Open, Screened
      • Exterior features: Gravel Driveway
      • Fencing: Full
      • Has view: Yes
      • View description: Long Range, Mountain(s)
      Lot
      • Size: 0.58 Acres
      Details
      • Parcel number: 18580768319600000
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Mountain
      • Property subtype: Single Family Residence
      Materials
      • Fiber Cement, Wood Frame
      • Roof: Asphalt,Shingle
      Condition
      • Year built: 2021

      Utilities & green energy

      • Electric: Generator
      • Sewer: Septic Permit 4 Bedroom, Sewer Applied for Permit
      • Water: Private, Well

      Community & HOA

      Community
      • Features: Gated, Long Term Rental Allowed, Short Term Rental Allowed
      • Subdivision: The Farm At Banner Elk
      HOA
      • Has HOA: Yes
      • HOA fee: $2,100 annually
      Location
      • Region: Banner Elk

      Financial & listing details

      • Price per square foot: $557/sqft
      • Tax assessed value: $846,900
      • Annual tax amount: $7,283
      • Date on market: 9/11/2026
      • Listing terms: Cash,Conventional,New Loan
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/11/2026Listed for sale$1,475,000+1743.8%$557/sqft
        Source: High Country AOR #264217 Report a problem
        12/21/2020Sold$80,000-34.2%$30/sqft
        Source: Public Record Report a problem
        2/15/2005Sold$121,500$46/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,388 -11.6%$846,900 -11.6%
        2024$3,834 $958,400
        2023$3,834 +156.6%$958,400 +451.8%
        2022$1,494 +28.2%$173,700 +65.4%
        2021$1,166 $105,000
        2020$1,166 $105,000
        2019$1,166 +0.9%$105,000
        2018$1,155 +100%$105,000 +40%
        2017$578 +72.2%$75,000
        2016$335 $75,000
        2015$335 $75,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28604

        Getting around

        7 / 100
        Car-Dependent
        4 / 100
        Somewhat Bikeable

        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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