534 Farm Loop Road, Banner Elk, NC

$3,300,000

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4

Beds

5

Baths

4,260

Square feet

3.28

Acres

About 534 Farm Loop Road

First Time on the Market! Motivated Seller—Price Reduced After Only A Month On The Market. Welcome to this Exceptional Custom One-Level Living Mountain Estate situated on 3.28 acres, Lots 47 (1.50 acres) and 48 (1.78 acres) have been combined but may be split, making Lot 47 the last upper view lot available for building in The Farm. Thoughtfully designed and built by a renowned custom home builder as his own personal summer residence. Completed in April 2023, this one-of-a-kind home showcases superior craftsmanship, premium materials, and meticulous attention to detail throughout. Perfectly positioned on one of the highest and largest homesites in The Farm at Banner Elk, this spectacular property sits at approximately 4,000 feet in elevation, offering breathtaking Grandfather Mountain profile views while providing the rare combination of in-town convenience and the peaceful feel of a private gated country retreat. Designed for both luxury and longevity, the home features a maintenance-free exterior—a significant advantage over many traditional mountain homes—as well as top-of-the-line Pella Architectural Low-E DP50 top wind rated insulated windows and doors for outstanding energy efficiency and comfort. Quartz or Granite countertops throughout the home. Premium Thermador appliances. Additional features include a lightning protection system, a Sonos sound system throughout the home, a central vacuum system, and a Rinnai tankless water heater. Offering approximately 4,300 square feet of heated living space, this 4-bedroom, 4.5-bath residence is ideal for everyday living and entertaining. *Only the large Family Room fireplace can be converted to woodburning if new owner chooses to do so. Enjoy the comfort of a heated master bathroom floor. Outdoor living is elevated with an incredible 1,000-square-foot covered view deck complete with a summer kitchen featuring a built-in grill, refrigerator, sink, stone fireplace, and television—perfect for enjoying the cool mountain air and unforgettable sunsets. Car enthusiasts and hobbyists will appreciate the impressive 1,500+-square-foot garage, accommodating 4 to 6 vehicles, garage has a 50 amp hookup for EV charging while the home encompasses an impressive 6,877 square feet under roof including deck. Being offered fully furnished and professionally decorated (excluding seller-designated items), this turnkey mountain retreat also includes the adjacent homesite, providing added privacy, the opportunity to build another home, or the flexibility to sell the additional lot in the future. This is a rare opportunity to own one of Banner Elk's finest custom homes—where luxury, quality, location, and spectacular mountain views come together in an extraordinary offering.

Features of 534 Farm Loop Road

MLS® # 263235
Price $3,300,000
Bedrooms 4
Bathrooms 5.00
Full Baths 4
Half Baths 1
Square Footage 4,260
Acres 3.28
Year Built 2023
Type Residential
Sub-Type Single Family Residence
Style Mountain
Status Active

Community Information

Address 534 Farm Loop Road
Area 8-Banner Elk
Subdivision The Farm At Banner Elk
City Banner Elk
County Avery
Province NC
Postal Code 28604

Amenities

Utilities High Speed Internet Available
Parking Attached, Driveway, Garage, Other, Oversized, Paved, Private, Three or more Spaces, See Remarks
Garages Attached, Driveway, Garage, Other, Oversized, Paved, Private, Three or more Spaces, See Remarks
View Long Range, Mountain(s), Ski Area, Trees/Woods
Is Waterfront No
Waterfront Pond
Has Pool No

Interior

Interior Features Attic, Central Vacuum, Furnished, Pull Down Attic Stairs, Window Treatments
Appliances Double Oven, Dryer, Dishwasher, Exhaust Fan, Freezer, Gas Cooktop, Gas Water Heater, Microwave Hood Fan, Microwave, Other, Range, Refrigerator, See Remarks, Tankless Water Heater, Washer
Heating Forced Air, Fireplace(s), Gas, Hot Water, Propane, Wood, Zoned
Cooling Gas, 2 Units
Fireplace Yes
# of Fireplaces 3
Fireplaces Three, Gas, Other, See Remarks, Stone, Vented, Wood Burning, Outside, Propane
# of Stories 1
Stories One
Has Basement Yes
Basement Crawl Space, Exterior Entry, Unfinished

Exterior

Exterior Block, Fiber Cement, Frame, Hardboard, Masonry, Other, Stone Veneer, See Remarks, Wood Frame
Exterior Features Outdoor Grill, Outdoor Kitchen, Storage, Paved Driveway
Windows Double Pane Windows, Screens, Window Treatments
Roof Architectural, Shingle
Construction Block, Fiber Cement, Frame, Hardboard, Masonry, Other, Stone Veneer, See Remarks, Wood Frame
Foundation Basement

School Information

Elementary Banner Elk
High Avery County

Additional Information

Date Listed July 27th, 2026
Days on Market 72
Short Sale No
RE / Bank Owned No
HOA Fees 2100
HOA Fees Freq. Annually

Listing Details

OfficeBlue Ridge Realty & Inv. - Banner Elk
Contact Info(828) 737-3100

Listing Map

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