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$1,750,000
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Property Description
NEW CONSTRUCTION EXQUSITE HOME IN BANNER ELK. Located in the Elk Creek at Banner Elk Community with 180 degree Mountain Views!. This Mountain Modern Home features over 4,500 square feet of living space on 2 floors with 4 bedrooms and 4-1/2 baths including a large living space above the garage accessed from within the home. White Oak floors throughout. Three gas vented fireplaces including a floor to ceiling stone one in the living room, Primary bedroom and one on the large partially covered outside deck. Main level living with Primary bedroom, living room, dining room, kitchen & laundry on the 1st floor. ONLY 2 STEPS IN. Large Primary bedroom with a fireplace, huge walk in closet and spacious bath with double vanity & walk-in shower. The Great room features tall ceilings, a floor to ceiling stone fireplace and a wall of windows to take in the magnificent view. The gourmet kitchen features a 48" GE Cafe Stainless Steel Dual Fuel Gas Range with Double Ovens, GE Cafe Microwave with Convection, Cafe French Door Refrigerator, Cafe Dishwasher & large walk in pantry. Custom cabinets with Champagne Bronze hardware and a HUGE 9 foot island. Glass enclosed Wine room/bar. Enjoy the mountain air on your covered deck with a fireplace while gazing at Beech Mountain and Hanging Rock. Upstairs you will find an oversized loft, office area and 2 spacious en-suite bedrooms. The 4th bedroom is a 700+ s.f. studio over the garage set up for a bed, living area, mini kitchen and full bath with large walk-in shower. Mini Split provides AC & Heat. Flat paved circular driveway and an oversized 2 car garage with workshop area. Full Laundry room with sink. Hard Wood floors throughout. In Town location for easy access to shops, restaurants, supermarkets, ski slopes and more. You will not find a better value for a new large upscale home in Banner Elk priced at under $400 per square foot. Quick drive to Downtown Banner Elk, Sugar Mountain, shops, restaurants, 2 supermarkets & pharmacies and more. Natural gas, underground utilities, Town water and sewer and high speed internet.
Full Property Details
Full Property Details for 520 Elk Creek Dr
General
- Sold For: $1,750,000
- HOA FEE: $63/month
- HOA FEE FREQ.: Annually
- Taxes: $2,864
- Status: Closed
- Type: Single Family
- Source: 2217
- MLS ID: 258436
- Added to Site: 192 day(s) ago
Interior
- Interior Features: Attic, Permanent Attic Stairs
- Fireplace: Yes
- Number of Fireplaces: 3
- Fireplace(s): Three, Stone, Vented, Gas
- Appliances: Double Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Gas Water Heater, Microwave, Other, Range, Refrigerator, See Remarks, Washer
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Main Level
Exterior
- Exterior Features: Paved Driveway
- Porch/Patio/Deck: Covered, Open
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Driveway, Garage, Two Car Garage, Oversized, Paved, Private
Location
- Area: 8-Banner Elk
- County: Avery
- Subdivision: Elk Creek
School Information
- Elementary School: Banner Elk
- High School: Avery County
Community
- Community Name: 8-Banner Elk
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ductless, 2 Units
- Heating Type: Forced Air, Fireplace(s), Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: High Speed Internet Available
Structural Information
- Architectural Style: Mountain
- Detached/Attached: Detached
- Construction: Cedar, Masonry, Shake Siding, Wood Siding, Wood Frame
- Basement Desc.: Crawl Space
- Roof: Asphalt, Metal, Shingle
- Windows: Double Pane Windows
- Stories/Levels: 2
- Square Feet: 4,555
- Living Area: 4,555 Sq. Ft.
- Finished Total: 4,555 Sq. Ft.
- Finished Above Grnd: 4,555 Sq. Ft.
- Year Built: 2024
Lot Features
- Property View: Long Range, Mountain(s)
- Lot Size (Acres): 0.5
- Lot Size: .5
- Frontage: Private Road, Paved
- Zoning: Residential
Water Features
- Water Front Desc.: River Access
Financial Considerations
- Association Fee: $756
- Assoc Fee Freq.: Annually
- Tax Amount: $2,864
- Terms: Cash, Conventional, New Loan
Disclosures and Reports
- Property ID: 1858-10-35-3581-00000
- Lot Number: 7
Listed by EXP Realty LLC
Sold by Foscoe Realty & Development
Get Pre-Approved Today
Schools
Schools serving 520 Elk Creek Dr
School District:Avery County Schools
| Name | Grades | Distance |
|---|---|---|
Banner Elk Elementary School 155 Orchard Lane, Banner Elk, NC 28604 | PK-5 | 0.6 mi |
Avery Middle 102 Old Montezuma Road, Newland, NC 28657 | 6-8 | 6.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 520 Elk Creek Dr
Date
Details
Price
Change
Source
12/29/2025
Sold
$1,750,000
-2.72%
MLS
10/13/2025
Price Increased
$1,799,000
0.22%
MLS
10/09/2025
Listed
$1,795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
520 Elk Creek Drive, Banner Elk, NC 28604 (MLS# 258436) is a Single Family property that was sold at $1,750,000 on December 29, 2025. Want to learn more about 520 Elk Creek Drive? 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.

