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$1,375,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 4,218 Sq. Ft.
  • 5.87 Acres
  • 2 Car Garage
  • Updated 7 hours ago
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A Private Mountain Retreat with Views, Luxury & Endless Adventure. Set within a gated mountain community and surrounded by nearly 6 acres across two lots, this exceptional mountain retreat offers the rare combination of privacy, mountain views, space to gather, and a proven rental history. This turn key, fully furnished home has been thoughtfully updated with elevated furnishings, stylish lighting, and inviting spaces throughout. The home comfortably accommodates 16+ guests, making it equally well-suited as a private escape or a highly desirable vacation rental. Here, the best days may be spent without ever leaving home. Take in the mountain views from the comfort of the expansive outdoor spaces/ multiple decks, soak in the hot tub beneath the stars, gather around the firepit, or retreat to the game room featuring a custom bar area designed for entertaining long after the sun goes down. And when you're ready to explore, the adventure is just outside your door. Enjoy the community's common area along the Elk River, where days are made for floating, fishing, wading, splashing, or simply sitting beside the water and taking in the beauty of the High Country. For those craving a little more action, you're just minutes from skiing and mountain recreation, as well as the charming town of Banner Elk, where you'll find locally owned shops, acclaimed restaurants, breweries, and live music. Whether your ideal getaway involves quiet mornings overlooking the mountains, afternoons on the river, or evenings gathered around the fire with friends and family, this property delivers an authentic High Country experience with the comfort and sophistication of a luxury retreat. Additional Features: Excellent rental history (available upon request), 2 car garage, lots of storage, 4 bedroom septic system installed 2021, updated bathroms (2021), updated furnishings (2021), decks painted 2026

Full Property Details for 821 River Run

General

  • Price: $1,375,000
  • HOA FEE: $130/month
  • HOA FEE FREQ.: Annually
  • Taxes: $3,595
  • Status: Active
  • Type: Single Family
  • Source: 2217
  • MLS ID: 263887
  • Updated: 8/21/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: Wet Bar, Cathedral Ceiling(s), Furnished, Hot Tub/Spa, Jetted Tub, Window Treatments
  • Fireplace: Yes
  • Fireplace(s): Gas, Stone, Propane
  • Appliances: Built-In Oven, Dryer, Dishwasher, Gas Range, Gas Water Heater, Microwave, Tankless Water Heater, Washer

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Washer Hookup, Dryer Hookup, Main Level

Additional Information

  • Spa: Yes
  • Spa Description: Hot Tub
  • Security/Safety: Radon Mitigation System

Exterior

  • Exterior Features: Hot Tub/Spa, Other, See Remarks
  • Porch/Patio/Deck: Covered, Multiple

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Parking Features: Attached, Garage, Two Car Garage

Location

  • Area: 8-Banner Elk
  • County: Avery
  • Subdivision: River Run

School Information

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

Community

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

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Ductless, Forced Air, Fireplace(s), Propane

Utilities

  • Sewer: Septic Permit 4 Bedroom, Septic Tank
  • Water: Private
  • Utility Description: High Speed Internet Available, Septic Available

Structural Information

  • Architectural Style: Craftsman, Mountain
  • Detached/Attached: Detached
  • Construction: Log, Concrete, Stone, Wood Frame
  • Basement: Yes
  • Basement Desc.: Finished, Interior Entry, Walk-Out Access
  • Roof: Architectural, Shingle
  • Windows: Window Treatments
  • Stories/Levels: 2
  • Square Feet: 4,218
  • Living Area: 3,728 Sq. Ft.
  • Finished Total: 3,728 Sq. Ft.
  • Finished Above Grnd: 2,475 Sq. Ft.
  • Finished Below Grnd: 1,253 Sq. Ft.
  • Year Built: 2002

Lot Features

  • Property View: Long Range, Mountain(s)
  • Lot Size (Acres): 5.87
  • Lot Size: 5.87
  • Frontage: Private Road, Gravel
  • Zoning: Residential

Financial Considerations

  • Association Fee: $1,560
  • Assoc Fee Freq.: Annually
  • Tax Amount: $3,595.2
  • Terms: Cash, Conventional, New Loan

Disclosures and Reports

  • Property ID: 1839-00-74-8842-00000

Listed by 828 Real Estate

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Listing agent

— 821 River Run —

  • 828 Real Estate

(828) 386-6047

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 821 River Run

School District:Avery County Schools
NameGradesDistance
Banner Elk Elementary School
155 Orchard Lane, Banner Elk, NC 28604
PK-54 mi
Cranberry Middle School
6230 North US Highway 19E, Elk Park, NC 28622
6-83 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 821 River Run Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/21/2026
Listed
$1,375,000
48.65%
MLS
9/02/2021
Sold
$925,000
—
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 821 River Run

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,382
—
$845,400
—
2024
$3,382
—
$845,400
—
2023
$3,382
-6%
$845,400
—
2022
$3,589
36%
$845,400
76%
2021
$2,635
—
$479,100
—
2019
$2,635
—
$479,100
—
2018
$2,635
22%
$479,100
22%
2017
$2,163
23%
$393,200
—
2016
$1,758
—
$393,200
—
2015
$1,758
-14%
$393,200
—
2014
$2,049
-13%
$393,200
-32%
2013
$2,357
—
$581,900
—
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 821 River Run

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NMLS#: 1598647

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821 River Run, Banner Elk, NC 28604 (MLS# 263887) is a Single Family property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 821 River Run is currently listed for $1,375,000 and was received on August 21, 2026. Want to learn more about 821 River Run? 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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