Skip to content
Active
$3,300,000 Est. $22,738/mo — Get pre-qualified
4beds 4.5baths 4,260sq ft 3.28acres

534 Farm Loop Road · Banner Elk, NC 28604

View map

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 and all 8' Knotty Alder interior doors. 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 & Amenities

Living Area4,260 Sq.Ft.
Bedrooms4
Baths4.5
Fireplace3
Virtual TourOpen Virtual Tour
Year Built2023
StatusActive
Lot Size3.28 Acres
SubdivisionThe Farm At Banner Elk
CountyAvery
Property TypeResidential
Property SubTypeSingle Family Residence
Days on Market74
Last UpdatedOct 9, 2026
HOAYes — $1 / year
ElementaryBanner Elk Elementary School
MiddleUnknown Middle School
HighAvery County High School
Presented By: Blue Ridge Realty & Inv. - Banner Elk; info@brri.net

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Pricing History

DateEventPriceChange
Oct 9, 2026 Price Reduced $3,400,000 → $3,300,000 ▾ $100,000 (2.9%)
Jul 27, 2026 Price Change $3,500,000 —
Aug 31, 2026 Price Change $3,450,000 1

Monthly Cost Estimate

$
%
$
%
$
$
$
Estimated Payment
— / month
Principal & Interest—
Property Taxes—
Home Insurance—
HOA Dues—

* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

Similar Homes

Nearby Homes for Sale

High Country Association of REALTORS (HCAOR) © Information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Last Update: Oct 9, 2026