731 River Run Road, Banner Elk, NC

$1,199,950

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5

Beds

5

Baths

3,584

Square feet

2.70

Acres

About 731 River Run Road

REDUCED! RIVER RUN AT BANNER ELK - A PRIVATE BLUE RIDGE TURN KEY RETREAT WITH FAMOUS ELK RIVER ACCESS – TROPHY TROUT FISHING,SWIMMING & PRIVATE TRAILS ! A SHORT DRIVE TO TWO OF NORTH CAROLINA'S BEST SKI RESORTS, SUGAR MOUNTAIN AND BEECH MOUNTAIN! CLOSE TO WATAUGA LAKE & ELK FALLS. NESTLED BETWEEN THE PRESTIGIOUS ELK RIVER COUNTRY CLUB AND FAMOUS EAGLES NEST. VERY RARE OPORTUNITY IN THIS SOUGHT AFTER COMMUNITY MINUTES FROM DOWNTOWN BANNER ELK. RECENTLY RENOVATED AND EXPANDED WITH 5 BEDROOMS AND 5 FULL BATHS THIS IS LIKE A NEW HOME WITH HIGH END FINISHES! LONG RANGE MOUNTAIN VIEWS !! Perfectly positioned just minutes from the storybook town of Banner Elk, this exceptional five-suite residence offers over 3,500 square feet of refined living space, breathtaking long-range mountain views, and rare access to the pristine Elk River—one of the High Country’s most treasured natural amenities. From the moment you arrive, the home’s elevated setting and sweeping vistas create an immediate sense of peace and privacy. Inside, the main living level is designed to capture the beauty of its surroundings, featuring soaring tongue-and-groove ceilings and a dramatic wall of windows framing panoramic views. Gather around the wood burning fireplace. Natural light fills the space, creating an atmosphere that is both grand and inviting—ideal for entertaining guests or simply relaxing above the clouds. The chef’s kitchen blends timeless design with modern performance, offering elegant quartz countertops, premium gas range, and high-end appliances. Just beyond, the newly added primary suite provides a true owner’s retreat, complete with private deck access, a serene sitting area, and uninterrupted mountain views. The spa-inspired bath offers a designer trough basin, a glass-enclosed walk-in shower and soaking tub positioned to take in the surrounding landscape—creating a daily experience of quiet luxury. The lower level is designed for hosting and gathering, featuring a spacious family and game room with custom live-edge bar, electric in-wall fireplace, and direct access to outdoor living areas. Three additional guest suites, each with private baths, ensure exceptional comfort and privacy for family and visitors. Outdoor living is central to the River Run lifestyle. Expansive decks, a private firepit gathering area, and rare usable acreage provide space to unwind, explore, and connect with nature. Hiking and biking trails on your own property. Whether enjoying cool summer evenings, vibrant fall colors, or peaceful winter snowfall, this home offers a year-round retreat from the intensity of coastal and urban environments. River Run residents enjoy exclusive access to the Elk River, renowned for trophy fly fishing, swimming holes, and scenic picnic areas—all just moments from the home. The gated setting provides both privacy and security, while remaining convenient to Banner Elk’s fine dining, boutique shopping, wineries, golf, skiing, and country clubs. With its recent permitted expansion in 2025, five private bedroom suites, and turnkey condition, this residence is ideally suited as a luxury mountain retreat, seasonal escape, or legacy property to be enjoyed for generations. This prime location is close to Watauga Lake Grandfather Mountain, Linville Gorge, Boone and Blowing Rock offering numerous cultural activities restaurants and more. This is more than a home - it is a place to slow down, reconnect, and experience the very best of Blue Ridge Mountain living.

Features of 731 River Run Road

MLS® # 262341
Price $1,199,950
Bedrooms 5
Bathrooms 5.00
Full Baths 5
Square Footage 3,584
Acres 2.70
Year Built 2000
Type Residential
Sub-Type Single Family Residence
Style Mountain
Status Active Under Contract

Community Information

Address 731 River Run Road
Area 8-Banner Elk
Subdivision River Run
City Banner Elk
County Avery
Province NC
Postal Code 28604

Amenities

Utilities Cable Available, High Speed Internet Available
Parking Attached, Driveway, Garage, One Car Garage, Gravel, Private
# of Garages 1
Garages Attached, Driveway, Garage, One Car Garage, Gravel, Private
View Long Range, Mountain(s), Trees/Woods
Is Waterfront No
Waterfront River Access
Has Pool No

Interior

Interior Features Wet Bar, Furnished
Appliances Dryer, Dishwasher, Electric Water Heater, Gas Range, Microwave Hood Fan, Microwave, Refrigerator, Washer
Heating Ductless, Forced Air, Fireplace(s), Propane
Cooling Central Air, Ductless
Fireplace Yes
# of Fireplaces 1
Fireplaces One, Wood Burning
# of Stories 2
Stories Two
Has Basement Yes
Basement Finished

Exterior

Exterior Hardboard, Wood Siding, Wood Frame
Exterior Features Fire Pit, Gravel Driveway
Windows Double Pane Windows
Roof Asphalt, Shingle
Construction Hardboard, Wood Siding, Wood Frame
Foundation Basement

School Information

Elementary Banner Elk
Middle Avery
High Avery County

Additional Information

Date Listed June 1st, 2026
Days on Market 96
Short Sale No
RE / Bank Owned No
HOA Fees 850
HOA Fees Freq. Annually

Listing Details

OfficeEXP Realty LLC
Contact Info(561) 271-6853

Listing Map

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