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Bankruptcy sale opportunity! New construction grand lodge log home in Banner Elk. This spectacular home is the ultimate in North Carolina mountain luxury, perched at over 4,200 feet of elevation midway up Beech Mountain and convenient to everything. The home is positioned on nearly 15 secluded acres directly between downtown Banner Elk and Beech Mountain and offers a picture-frame, unobstructed view of majestic Grandfather Mountain. The home is constructed of timeless, reclaimed bald cypress, white pine and oak woods. It is planned and permitted for five bedrooms in 5,129 heated square feet, with a fully finished walk-out basement. The main level and second floor are nearly completed and currently offer three bedrooms, three full baths and one half bath. The great room features cathedral tongue-and-groove ceilings, a massive wood-burning stone fireplace and gourmet kitchen and dining area. The primary suite on main level features its own stacked stone gas fireplace and access to the expansive wrap-around deck looking out onto stunning views. The second floor features two guest suites, each with their own full bath. Step out to the upper deck and look out onto panoramic mountain views for 180 degrees and enjoy the cool summer air. The expansive walkout basement offers a terrific space for a casual den and game room, additional guest suite, bunk rooms and second laundry. The property has two rushing streams and stately driveway leading to the home. The property is free of any restrictive covenants and HOA fees, and offers plenty of space for fire pits, trails, barns, horses, ball fields, barbecues, gardens or whatever else you choose to make the estate your own. This is a rare and unique opportunity to walk right into a nearly completed authentic lodge home and choose your personal finishes. Local log home builder is still in place and ready to finish the home. Call today for additional information and to schedule a showing. Sale subject to bankruptcy court approval.
| DAYS ON MARKET | 267 | LAST UPDATED | 4/2/2024 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 2021 |
| COMMUNITY | 8-Banner Elk | COUNTY | Avery |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Banner Elk |
|---|---|
| Jr. High School | Cranberry |
| High School | Avery County |
| PRICE HISTORY | |
| Prior to Feb 8, '24 | $2,100,000 |
|---|---|
| Feb 8, '24 - Today | $1,600,000 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Electric Water Heater |
| AREA | 8-Banner Elk |
| BASEMENT | Unfinished, Walk-Out Access, Yes |
| BUYER'S BROKERAGE COMPENSATION | 3 |
| CONSTRUCTION | Cedar, Log, Log Siding, Stone, Wood Siding |
| EXTERIOR | Storage |
| FIREPLACE | Yes |
| HEAT | Electric, Fireplace(s), Forced Air, Hot Water, Propane, Zoned |
| INTERIOR | Cathedral Ceiling(s), Vaulted Ceiling(s) |
| LOT | 14.33 acre(s) |
| PARKING | Gravel, Driveway, No Garage, Private |
| SEWER | Private Sewer |
| STORIES | 3+ |
| STYLE | Log Home, Mountain |
| SUBDIVISION | None |
| TAXES | 1990.81 |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s), Trees/Woods |
| WATER | Private, Well |
| WATERFRONT DESCRIPTION | Creek, Stream |
| ZONING | None |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Derek Rowley, Premier Sotheby's International Realty- Banner Elk, (910) 620-2978
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