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.
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. 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.
Being offered fully furnished and professionally decorated (excluding seller-designated items), this turnkey mountain retreat also includes the adjacent homesite, providing added privacy, the opportunity to build another home, or the flexibility to sell the additional lot in the future.
This is a rare opportunity to own one of Banner Elk's finest custom homes—where luxury, quality, location, and spectacular mountain views come together in an extraordinary offering.
For sale
Price cut: $50K (8/31)
$3,450,000
534 Farm Loop Road, Banner Elk, NC 28604
4beds
4,260sqft
Single Family Residence
Built in 2023
3.28 Acres Lot
$3,205,500 Zestimate®
$810/sqft
$175/mo HOA
What's special
Private gated country retreatLightning protection systemSuperior craftsmanshipPremium thermador appliancesCentral vacuum systemMaintenance-free exteriorPremium materials
- 47 days
- 662
- 30
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Linda Cramblit (828)737-3100,
Blue Ridge Realty & Inv. - Banner Elk
Source: High Country AOR,MLS#: 263235
Originating 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: $810/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
$3,205,500
$3.05M - $3.37M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Price change | $3,450,000-1.4%$810/sqft |
Source: | ||
| 7/27/2026 | Listed for sale | $3,500,000$822/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 28604
Nearby schools
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.



