Price Reduction - Views
Address
534 Farm Loop Road, Banner Elk, NC
Price
$ 3,450,000
Property Attributes
- ID#263235
- TypeSingle Family
- Listing Status Active
- CountyAvery
- CityBanner Elk
- Area8-Banner Elk
- NeighborhoodThe Farm At Banner Elk
- Zip28604
- Style
- Year Built2023
- Taxes$ 13897
- Price$ 3,450,000
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms1
- Sqr Footage4260
- Lot Size3.283 Acres
Data Source:
High Country Association of REALTORS® (HCAOR)
Property Description
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.
| Elementary School | High School |
|---|---|
| Banner Elk Elementary School | Avery County High School |
| Price History | |
|---|---|
| 7/27/2026 | Listed $3,500,000 |
| 8/31/2026 | 1$3,450,000 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 28604
Price
Taxes
Year Built
Canopy MLS® Copyright ©2026 All rights reserved.
Information deemed reliable but not guaranteed.
Property information provided courtesy of the Internet Exchange Program of the Greenville Association of Realtors.
The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data is updated as of September 12, 2026 2:52 AM UTC
High Country Association of REALTORS (HCAOR) © Information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Last Update: September 12, 2026 2:13 AM UTC
