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For sale
  • $3,850,000

    774 Aldridge Road, Banner Elk, NC 28604

    7beds
    6,628sqft
    : 
    Single Family Residence
    Built in 1976
    17.65 Acres Lot
    $-- Zestimate®
    $581/sqft
    $-- HOA

    What's special

    All new bathroomsDedicated game roomSecond laundryTwo laundry roomsLuxury vinyl plank flooringRemodeled bedroomsFour fireplaces
    An exciting new chapter has been written for the High Country's Hemingway Estate. Magnificent, upscale total house transformation for this ridge top estate with almost 18 acres, panoramic long range mountain views and convenient location.  Sellers smartly chose to pay high cost for recently changing 4 BR septic field to 7 BR septic operating permit for this impressive 6600+ sq.ft. 7 BR, 6.5 BA practically new residence...this greatly increased value and expanded high grossing rental marketability by unlocking the Hemingway Estate's full capacity and establishing it as one of the rare large-group accommodations in the NC High Country. Rental income has escalated in two years with 2026 bookings indicating another high grossing year of $400K plus and it's no wonder that vacationers are paying high fees to enjoy this incredible estate - gutted, rebuilt, large chef's kitchen with seating for 16 has two spacious living rooms with fireplaces on either side of kitchen, all new bathrooms, remodeled bedrooms, luxury vinyl plank flooring, lower level converted to include private cinema, dedicated game room, two more bedrooms, second laundry, 2.5 baths. Updated mechanicals includes new HVAC, tankless water heaters. Front yard has courtyard adjoining koi pond with 65 ft. cascading landscape waterfall. Private setting offers exclusivity, peace and quiet. Not in a subdivision - no restrictive covenants - no POA. Important value is added to this estate with the lower section of the 18+/- acres that can be easily subdivided into several gentle building sites with state road frontage - build more rental cabins or create a larger family compound. Continue with rentals to offset some expenses or preserve some/all of the time for comfort and enjoyment for you and your extended family and friends. Popular rental for wedding guests, family or college reunions, multi-generational vacations, corporate retreats, football weekends. Abundant natural light flows throughout from the many large windows creating uplifting interiors throughout.  Elegant primary BR suite on main floor has fireplace, sitting areas, long range mountain views, luxurious spa bath. Fantastic game room for kids of all ages with home theater, video gaming room nook, poker/game table, foosball, air hockey, pinball and MORE! Four fireplaces, two laundry rooms. Turnkey estate is fully furnished and completely outfitted for rentals. Outdoor spa hot tub retreat on secluded covered porch adjoins cozy outdoor seating. Retreat to Hemingway Estate with convenient access to Boone, Banner Elk, Parkway, Blowing Rock. Ski, snowboard, hike, bike, golf, fish - all close by. No drive-bys. Shown by appointment only. Do not disturb vacation renters. Property is popular rental with heavy bookings - can only be shown when property is not rented. Heavy bookings on long weekends and full weeks.
    145 days
    |
    1,250
    |
    72
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Robbie Sharrett robbie.sharrett@gmail.com,

    Lyons Construction And Realty, Inc.

    Source: High Country AOR,MLS#: 259141MLS LogoOriginating MLS: High Country Association of Realtors Inc.

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 7
      • Full bathrooms: 6
      • 1/2 bathrooms: 1
      Heating
      • Electric, Fireplace(s), Heat Pump, Zoned
      Cooling
      • Central Air, Heat Pump, Zoned
      Appliances
      • Included: Built-In Oven, Double Oven, Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Gas Range, Refrigerator, Tankless Water Heater, Washer, Water Heater
      • Laundry: In Basement, Main Level
      Features
      • Cathedral Ceiling(s), Furnished, Hot Tub/Spa, Home Theater, Vaulted Ceiling(s), Window Treatments
      • Windows: Window Treatments
      • Basement: Exterior Entry,Finished,Interior Entry,Walk-Out Access
      • Has fireplace: Yes
      • Fireplace features: Other, See Remarks, Stone, Propane
      • Furnished: Yes
      Interior area
      • Total structure area: 6,778
      • Total interior livable area: 6,628 sqft
      • Finished area above ground: 3,750
      • Finished area below ground: 2,878

      Property

      Parking
      • Parking features: Asphalt, Driveway, No Garage, Paved, Private
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Multiple, Wrap Around
      • Exterior features: Fence, Fire Pit, Hot Tub/Spa, Out Building(s), Storage, Paved Driveway
      • Has spa: Yes
      • Spa features: Hot Tub
      • Fencing: Partial
      • Has view: Yes
      • View description: Long Range, Mountain(s), Trees/Woods
      • Waterfront features: Pond
      Lot
      • Size: 17.65 Acres
      • Features: Waterfall
      Details
      • Additional structures: Outbuilding
      • Parcel number: 1878726534000
      • Horse amenities: Horses Allowed

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary,Mountain
      • Property subtype: Single Family Residence
      Materials
      • Masonry, Shake Siding, Stone, Wood Siding, Wood Frame
      • Foundation: Basement
      • Roof: Asphalt,Shingle
      Condition
      • Year built: 1976

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Long Term Rental Allowed, Short Term Rental Allowed
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Banner Elk

      Financial & listing details

      • Price per square foot: $581/sqft
      • Tax assessed value: $676,300
      • Annual tax amount: $7,904
      • Date on market: 11/27/2025
      • Listing terms: Cash,Conventional,New Loan
      • Road surface type: Paved
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        11/28/2025Listed for sale$3,850,000+10%$581/sqft
        Source: High Country AOR #259141 Report a problem
        7/10/2024Listing removed$3,500,000$528/sqft
        Source: Canopy MLS as distributed by MLS GRID #4110995 Report a problem
        5/23/2024Price change$3,500,000-12.1%$528/sqft
        Source: High Country AOR #247985 Report a problem
        2/20/2024Listed for sale$3,980,000+99%$600/sqft
        Source: High Country AOR #247985 Report a problem
        5/27/2022Sold$2,000,000-8.9%$302/sqft
        Source: High Country AOR #235798 Report a problem
        3/25/2022Contingent$2,195,000$331/sqft
        Source: High Country AOR #235798 Report a problem
        2/21/2022Listed for sale$2,195,000+33.8%$331/sqft
        Source: High Country AOR #235798 Report a problem
        10/5/2021Sold$1,640,000$247/sqft
        Source: High Country AOR #232943 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2019$3,144 --
        2018$3,144 +12.1%$676,300
        2017$2,805 +10.7%$676,300 -2.7%
        2013$2,535 $694,900
        2012-- $694,900
        2011-- $694,900
        2010-- $694,900

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $20,029/mo
        Principal & interest
        $18714
        Property taxes
        $1315
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          Climate risks

          Neighborhood: 28604

          Getting around

          4 / 100
          Car-Dependent
          1 / 100
          Somewhat Bikeable

          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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