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$1,750,000
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Property Description
Your Pristine Mountain Retreat Awaits. Discover unparalleled luxury and tranquility in this newly renovated, move-in ready home, nestled on 5.3 acres of breathtaking natural beauty. With 3 plus bedrooms and 4.5 baths, this magnificent property offers an exquisite blend of modern comfort and serene privacy, all just waiting for you to unpack and enjoy. Step inside to find a home thoughtfully updated with a new composite roof and elegant tile flooring throughout. Vaulted ceilings create an airy, expansive feel, leading you into a comfortable living room where a wood-burning fireplace promises cozy evenings. The state-of-the-art kitchen is a chef's dream, boasting new cabinets, countertops, and stainless steel appliances, making meal preparation a delight. Adjacent, the spacious dining room provides a picturesque setting for gatherings, offering expansive mountain views that will inspire every meal. The exquisite primary suite is a true sanctuary, featuring a generous layout and a quiet sitting area perfect for unwinding. The luxurious ensuite bath offers a separate shower and a blissful soaking tub, while a private pergola balcony provides the ideal spot for your morning coffee, serenaded by the sounds of nature. Completing the main level is a beautifully decorated guest suite, ensuring comfort and privacy for visitors. The lower level is an entertainer's paradise. A bright sunroom with a wet bar is perfect for hosting, while a Redwood steam sauna and shower offer a spa-like experience at home. A welcoming family room with a fireplace provides another inviting space to relax. The lower level is an entertainer's paradise with a sunroom, wet bar, and a Redwood steam sauna. It includes one additional guest bedroom with an ensuite bath, plus a bonus room with its own full bath, ensuring every guest feels pampered. Outside, an expansive deck offers abundant space for outdoor entertaining, all while soaking in the stunning mountain views and feeling completely immersed in nature. Explore the meticulously manicured gardens and walking paths that wind through the grounds, inviting you to discover every hidden gem. This magnificent property is being offered fully furnished, making your transition seamless and allowing you to immediately start enjoying the mountain lifestyle you've always dreamed of.
Full Property Details
Full Property Details for 514 Raven Ridge Rd
General
- Sold For: $1,750,000
- HOA FEE: $913/month
- HOA FEE FREQ.: Annually
- Taxes: $3,463
- Status: Closed
- Type: Single Family
- Source: 2217
- MLS ID: 256834
- Added to Site: 191 day(s) ago
Interior
- Interior Features: Wet Bar, Furnished, Sauna, Vaulted Ceiling(s)
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Two, Wood Burning
- Appliances: Double Oven, Dishwasher, Exhaust Fan, Electric Range, Electric Water Heater, Microwave, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, Main Level
Additional Information
- Shared Pool: Yes
- Pool: Yes
- Pool Description: Community
- Tennis: Yes
- Security/Safety: Security System, Closed Circuit Camera(s), 24 Hour Security
Exterior
- Exterior Features: Paved Driveway
- Porch/Patio/Deck: Covered, Multiple, Open
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Driveway, Detached, Garage, Two Car Garage, Paved, Private
Location
- Area: 8-Banner Elk
- County: Avery
- Subdivision: Elk River
School Information
- Elementary School: Banner Elk
- High School: Avery County
Community
- Community Name: 8-Banner Elk
- Gated community: Yes
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric, 3+ Units
- Heating Type: Electric, Forced Air, Fireplace(s)
Utilities
- Sewer: Septic Permit 3 Bedroom
- Water: Community/Coop
- Cable Available: Yes
- Utility Description: Cable Available, High Speed Internet Available
Structural Information
- Architectural Style: Traditional
- Detached/Attached: Detached
- Construction: Stone, Stucco, Wood Siding, Wood Frame
- Basement Desc.: Crawl Space
- Roof: Architectural, Shingle
- Stories/Levels: 2
- Square Feet: 6,574
- Living Area: 6,574 Sq. Ft.
- Finished Total: 6,574 Sq. Ft.
- Finished Above Grnd: 4,232 Sq. Ft.
- Finished Below Grnd: 2,342 Sq. Ft.
- Year Built: 1985
Lot Features
- Property View: Mountain(s), Trees/Woods
- Lot Size (Acres): 5.3
- Lot Size: 5.3
- Frontage: Private Road, Paved
- Zoning: Residential
Financial Considerations
- Association Fee: $10,956
- Assoc Fee Freq.: Annually
- Tax Amount: $3,463.2
- Terms: Cash, New Loan
Disclosures and Reports
- Property ID: 1848-00-45-7391-00000
- Lot Number: 57 & 58
Listed by Elk River Realty
Sold by Berkshire Hathaway HomeServices Vincent Properties
Get Pre-Approved Today
Schools
Schools serving 514 Raven Ridge Rd
School District:Avery County Schools
| Name | Grades | Distance |
|---|---|---|
Banner Elk Elementary School 155 Orchard Lane, Banner Elk, NC 28604 | PK-5 | 2.2 mi |
Cranberry Middle School 6230 North US Highway 19E, Elk Park, NC 28622 | 6-8 | 3.7 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 514 Raven Ridge Rd
Date
Details
Price
Change
Source
10/06/2025
Sold
$1,750,000
-26.93%
MLS
7/11/2025
Listed
$2,395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
514 Raven Ridge Road, Banner Elk, NC 28604 (MLS# 256834) is a Single Family property that was sold at $1,750,000 on October 06, 2025. Want to learn more about 514 Raven Ridge 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.

