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$1,450,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 3,396 Sq. Ft.
  • 0.659 Acres
  • 2 Car Garage
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Nestled in the heart of Banner Elk, NC, this **chic mountain retreat** offers refined living surrounded by the beauty of the High Country. Spanning over **3,000 square feet**, this stunning **4-bedroom, 3.5-bathroom** home blends upscale design with everyday comfort, all within close proximity to Banner Elk's popular restaurants, shopping, and local attractions. Step inside to discover a **gorgeous, thoughtfully designed kitchen** that serves as the heart of the home, complemented by an additional **outdoor kitchen on the back deck**-perfect for entertaining while enjoying the mountain air. The layout is ideal for both relaxation and hosting, featuring a **spacious living area on the lower level** and a **separate family room upstairs**, offering flexibility and privacy for guests or family members. This home is designed for convenience with **laundry rooms on each level** and an **unbelievable garage** that provides ample space for vehicles, storage, and mountain gear. Each bedroom is generously sized, and the elegant bathrooms reflect the home's overall attention to quality and detail. Located in a beautiful mountain neighborhood, this exceptional property offers the perfect combination of **luxury, functionality, and location**-a true Banner Elk gem ready to be enjoyed year-round.

Full Property Details for 232 Hanging Rock Estates Rd

General

  • Price: $1,450,000
  • HOA FEE: $92/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $307
  • Status: Active
  • Type: Single Family
  • Source: 2217
  • MLS ID: 254825
  • Updated: 12/26/2025
  • Added to Site: 248 day(s) ago

Interior

  • Interior Features: Vaulted Ceiling(s)
  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Two, Gas, Stone, Propane
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Main Level, Upper Level

Exterior

  • Exterior Features: Outdoor Grill, Outdoor Kitchen
  • Porch/Patio/Deck: Covered, Multiple

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Asphalt, Driveway, Garage, Two Car Garage, Oversized

Location

  • Area: 8-Banner Elk
  • County: Avery
  • Subdivision: Hanging Rock Estates

School Information

  • Elementary School: Banner Elk
  • High School: Avery County

Community

  • Community Name: 8-Banner Elk
  • Association: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Gas, 1 Unit
  • Heating Type: Forced Air, Fireplace(s), Gas, Propane

Utilities

  • Sewer: Private Sewer, Septic Tank
  • Water: Private, Well
  • Well: Yes
  • Cable Available: Yes
  • Utility Description: Cable Available, High Speed Internet Available, Septic Available

Structural Information

  • Architectural Style: Farmhouse
  • Detached/Attached: Detached
  • Construction: Hardboard, Stone, Wood Frame
  • Basement Desc.: Crawl Space
  • Roof: Asphalt, Shingle
  • Windows: Screens, Single Hung
  • Stories/Levels: 2
  • Square Feet: 3,396
  • Living Area: 3,174 Sq. Ft.
  • Finished Total: 3,174 Sq. Ft.
  • Finished Above Grnd: 3,174 Sq. Ft.
  • Year Built: 2025

Lot Features

  • Property View: Long Range, Mountain(s)
  • Lot Size (Acres): 0.659
  • Lot Size: .659
  • Frontage: Private Road, Paved
  • Zoning: Residential

Financial Considerations

  • Association Fee: $275
  • Assoc Fee Freq.: Quarterly
  • Tax Amount: $307.8
  • Terms: Cash, Conventional, New Loan

Disclosures and Reports

  • Property ID: 1858-11-65-9741-00000
  • Lot Number: 11

Listed by Buchanan Real Estate

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Listing agent

— 232 Hanging Rock Estates Rd —

  • Buchanan Real Estate

828-387-4270

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 232 Hanging Rock Estates Rd

School District:Avery County Schools
NameGradesDistance
Banner Elk Elementary School
155 Orchard Lane, Banner Elk, NC 28604
PK-50.2 mi
Avery Middle
102 Old Montezuma Road, Newland, NC 28657
6-86.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 232 Hanging Rock Estates Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/26/2025
Price Reduced
$1,450,000
-0.68%
MLS
5/15/2025
Listed
$1,460,000
1360%
MLS
4/06/2023
Sold
$100,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 232 Hanging Rock Estates Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$162
—
$40,500
—
2024
$162
—
$40,500
—
2023
$162
—
$40,500
—
2022
$162
-18%
$40,500
12%
2021
$198
—
$36,000
—
2019
$198
—
$36,000
—
2018
$198
50%
$36,000
50%
2017
$132
23%
$24,000
—
2016
$107
—
$24,000
—
2015
$107
-14%
$24,000
—
2014
$125
-23%
$24,000
-40%
2013
$162
—
$40,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 232 Hanging Rock Estates Rd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Buchanan Real Estate

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232 Hanging Rock Estates Road, Banner Elk, NC 28604 (MLS# 254825) is a Single Family property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 232 Hanging Rock Estates Road is currently listed for $1,450,000 and was received on May 15, 2025. Want to learn more about 232 Hanging Rock Estates Road? Do you have questions about finding other Single Family real estate for sale in Banner Elk? You can browse all Banner Elk real estate or contact a Coldwell Banker agent to request more information.

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