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For sale
  • Price cut: $100K (10/20)
    $3,200,000

    534 Farm Loop Road, Banner Elk, NC 28604

    4beds
    4,260sqft
    : 
    $18,121/mo
    Get pre-qualified
    Single Family Residence
    Built in 2023
    3.28 Acres Lot
    $3,008,800 Zestimate®
    $751/sqft
    $175/mo HOA

    What's special

    Private gated country retreatSuperior craftsmanshipPremium thermador appliancesCentral vacuum systemMaintenance-free exteriorPremium materialsRinnai tankless water heater
    First Time on the Market! Motivated Seller—Price Reduced After Only A Month On The Market. Welcome to this Exceptional Custom One-Level Living Mountain Estate situated on 3.28 acres, Lots 47 (1.50 acres) and 48 (1.78 acres) have been combined but may be split, making Lot 47 the last upper view lot available for building in The Farm. Thoughtfully designed and built by a renowned custom home builder as his own personal summer residence. Completed in April 2023, this one-of-a-kind home showcases superior craftsmanship, premium materials, and meticulous attention to detail throughout. Perfectly positioned on one of the highest and largest homesites in The Farm at Banner Elk, this spectacular property sits at approximately 4,000 feet in elevation, offering breathtaking Grandfather Mountain profile views while providing the rare combination of in-town convenience and the peaceful feel of a private gated country retreat. Offered fully furnished and professionally decorated makes this turnkey mountain retreat ready to move in immediately after the purchase. Adjacent homesite is included providing added privacy, the opportunity to build another home, or the flexibility to sell the additional lot in the future. Designed for both luxury and longevity, the home features a maintenance-free exterior—a significant advantage over many traditional mountain homes—as well as top-of-the-line Pella Architectural Low-E DP50 top wind rated insulated windows and doors for outstanding energy efficiency and comfort. Quartz or Granite countertops throughout the home. Premium Thermador appliances and all 8' Knotty Alder interior doors. Additional features include a lightning protection system, a Sonos sound system throughout the home, a central vacuum system, and a Rinnai tankless water heater. Offering approximately 4,300 square feet of heated living space, this 4-bedroom, 4.5-bath residence is ideal for everyday living and entertaining. *Only the large Family Room fireplace can be converted to woodburning if new owner chooses to do so. Enjoy the comfort of a heated master bathroom floor. Outdoor living is elevated with an incredible 1,000-square-foot covered view deck complete with a summer kitchen featuring a built-in grill, refrigerator, sink, stone fireplace, and television—perfect for enjoying the cool mountain air and unforgettable sunsets. Car enthusiasts and hobbyists will appreciate the impressive 1,500+-square-foot garage, accommodating 4 to 6 vehicles, garage has a 50 amp hookup for EV charging while the home encompasses an impressive 6,877 square feet under roof including deck. This is a rare opportunity to own one of Banner Elk's finest custom homes—where luxury, quality, location, privacy and spectacular mountain views come together in an extraordinary offering.
    92 days
    758
    50

    Zillow last checked:

    Listing updated:

    Listed by:

    Linda Cramblit (828)737-3100,

    Blue Ridge Realty & Inv. - Banner Elk

    Source: High Country AOR,MLS#: 263235MLS 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, Hot Water, Propane, Wood, Zoned
      Cooling
      • Gas, 2 Units
      Appliances
      • Included: Double Oven, Dryer, Dishwasher, Exhaust Fan, Freezer, Gas Cooktop, Gas Water Heater, Microwave Hood Fan, Microwave, Other, Range, Refrigerator, See Remarks, Tankless Water Heater, Washer
      • Laundry: Washer Hookup, Dryer Hookup, Main Level
      Features
      • Attic, Central Vacuum, Furnished, Pull Down Attic Stairs, Window Treatments
      • Windows: Double Pane Windows, Screens, Window Treatments
      • Basement: Crawl Space,Exterior Entry,Unfinished
      • Attic: Floored,Pull Down Stairs
      • Number of fireplaces: 3
      • Fireplace features: Three, Gas, Other, See Remarks, Stone, Vented, Wood Burning, Outside, Propane
      • Furnished: Yes
      Interior area
      • Total structure area: 4,260
      • Total interior livable area: 4,260 sqft
      • Finished area above ground: 4,260
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached, Driveway, Garage, Other, Oversized, Paved, Private, Three or more Spaces, See Remarks
      • Has attached garage: Yes
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Open
      • Exterior features: Outdoor Grill, Outdoor Kitchen, Storage, Paved Driveway
      • Has view: Yes
      • View description: Long Range, Mountain(s), Ski Area, Trees/Woods
      • Waterfront features: Pond
      Lot
      • Size: 3.28 Acres
      Details
      • Parcel number: 18580758498900000

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Mountain
      • Property subtype: Single Family Residence
      Materials
      • Block, Fiber Cement, Frame, Hardboard, Masonry, Other, Stone Veneer, See Remarks, Wood Frame
      • Foundation: Basement
      • Roof: Architectural,Shingle
      Condition
      • Year built: 2023

      Utilities & green energy

      • Electric: Generator, 220 Volts
      • Sewer: Private Sewer, Septic Permit 4 Bedroom
      • Water: Private, Well
      • Utilities for property: High Speed Internet Available

      Community & HOA

      Community
      • Features: Gated, Long Term Rental Allowed, Short Term Rental Allowed
      • Security: Security System, Closed Circuit Camera(s)
      • 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: $751/sqft
      • Annual tax amount: $13,897
      • Date on market: 7/27/2026
      • Listing terms: Cash,Conventional,New Loan
      • Road surface type: Paved

        Estimated market value

        $3,008,800

        $2.86M - $3.16M

        Not available

        Price history

        DateEventPrice
        10/20/2026Price change$3,200,000-3%$751/sqft
        Source: High Country AOR #263235 Report a problem
        9/25/2026Price change$3,300,000-2.9%$775/sqft
        Source: High Country AOR #263235 Report a problem
        9/14/2026Price change$3,400,000-1.4%$798/sqft
        Source: High Country AOR #263235 Report a problem
        8/31/2026Price change$3,450,000-1.4%$810/sqft
        Source: High Country AOR #263235 Report a problem
        7/27/2026Listed for sale$3,500,000$822/sqft
        Source: High Country AOR #263235 Report a problem

        Public tax history

        Tax history is unavailable.

        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.
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        Climate risks

        Neighborhood: 28604

        Getting around

        4 / 100
        Car-Dependent

        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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