OFF MARKET

Off Market Feb 2021 for $1.3M

$2,052,138

Est. refi paymentEst. refi $8,546/mo

•

5,224

sq ft

255 New Farm Rd, Banner Elk, NC 28604

About this home

Breathtaking full-log estate sits on nearly 5 acres, is bordered by the Watauga River and offers majestic river/mountain views. Upon entry, the expansive great room, spectacular pine & beam ceiling, exposed beam walls and the beautiful views, welcome you. The main floor also hosts the master, office, island kitchen, dining area, two-sided fireplace & 3-car garage. The Lower level hosts the 2nd master, 3 additional oversized bedrooms, family room, billiard room, bonus room and sauna. Swim, wade or fly fish in your backyard! Relax or host friends, family and neighbors while enjoying river & mountain views across the expansive full length deck and patio. Complete Privacy! Your backup generator ensures extended comfort even in the harshest weather. Minutes from everything including the famed Mast Store, Sugar & Beech Mountain ski areas and downtown Banner Elk make this the perfect year-round retreat. This unique estate and breathtaking High Country location is shown by appointment only.

Single-familyProperty Type

1992Year Built

4.8 acresLot Size

$393Est. Price/Sq.Ft.

Listed by Aubie Cook • EXP Realty LLC

Bought with Margo Lenmark • Howard Hanna Allen Tate Realtors Boone

Redfin checked: 3 minutes ago

•Source:HCMLS #227238

Redfin Estimate

$2,052,138

$752K since sold in February 2021$64K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 45.1% higher than the average sale price ($1.41M) of 5 comparable homes.

SOLD JUN 22, 2026
$1,525,000
A
3 beds4 baths4,397 sq ft
198 Little Harbour None, Vilas, NC 28692
SOLD JUN 29, 2026
$1,425,000
B
3 beds4.5 baths4,972 sq ft
2008 Valle Cay Dr, Vilas, NC 28692
SOLD JUN 25, 2026
$1,415,000
C
3 beds3.5 baths3,297 sq ft
151 Man O War South, Vilas, NC 28692
SOLD SEP 4, 2026
$855,000
D
3 beds3.5 baths3,500 sq ft
615 New Homestead Dr, Vilas, NC 28692
SOLD JUL 9, 2026
$1,850,000
E
4 beds4.5 baths3,174 sq ft
246 Mulberry, Boone, NC 28607

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Earn from this home

Refinance

Est. cash available

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Rent

$4,223/mo

Redfin rental estimate

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Market trends in 28604, NC

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

95.8%

0.2% MoM

Median sale price

$575K

$7K MoM

Avg. days on market

82d

5 days MoM

Recently sold homes

147

20 MoM

New listings for sale

NEW 15 HRS AGO
$565,000
2 beds2 baths1,382 sq ft
156 Crescent Ln Unit 23D, Sugar Mountain, NC 28604
NEW 23 HRS AGO
$850,000
4 beds3.5 baths2,533 sq ft
358 Green Cove Rd, Sugar Mountain, NC 28604
$650,000
2 beds2 baths1,647 sq ft
393 Green Cove Rd, Sugar Mountain, NC 28604
$599,000
2 beds3 baths1,850 sq ft
155 Spice Apple Dr, Banner Elk, NC 28604
$685,000
4 beds3 baths1,800 sq ft
102 Woodland Rd, Beech Mountain, NC 28604
VIDEO TOUR
$975,000
2 beds2.5 baths1,654 sq ft
659 Clubhouse Dr Unit D2, Banner Elk, NC 28604
$339,900
2 beds2.5 baths980 sq ft
174 Grouse Moor Dr #8, Sugar Mountain, NC 28604
$1,850,000
4 beds4.5 baths2,828 sq ft
93 Meadow Park Pl, Banner Elk, NC 28604
$320,000
2 beds2 baths979 sq ft
303 Sugar Top Dr #2907, Sugar Mountain, NC 28604
$1,475,000
4 beds4 baths2,646 sq ft
253 Farm Loop Rd, Banner Elk, NC 28604
See all

Provided by Redfin

Sale history for 255 New Farm Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,305 (+0.3%)

$260,800 + $877,900

$1,138,700

2024

$4,293 (+0.5%)

$260,800 + $877,900

$1,138,700

2022

$4,270 (+6.6%)

$260,800 + $877,900

$1,138,700

2020

$4,006

$158,100 + $708,500

$866,600

2019

$4,006 (+12.1%)

$158,100 + $708,500

$866,600

2018

$3,572

$158,100 + $708,500

$866,600

2017

$3,572 (+10.8%)

$158,100 + $708,500

$866,600

2016

$3,225

$158,100 + $708,500

$866,600

2015

$3,225

$158,100 + $708,500

$866,600

2014

$3,225

$158,100 + $708,500

$866,600

Tax history for 255 New Farm Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,305 (+0.3%)

$260,800 + $877,900

$1,138,700

2024

$4,293 (+0.5%)

$260,800 + $877,900

$1,138,700

2022

$4,270 (+6.6%)

$260,800 + $877,900

$1,138,700

2020

$4,006

$158,100 + $708,500

$866,600

2019

$4,006 (+12.1%)

$158,100 + $708,500

$866,600

2018

$3,572

$158,100 + $708,500

$866,600

2017

$3,572 (+10.8%)

$158,100 + $708,500

$866,600

2016

$3,225

$158,100 + $708,500

$866,600

2015

$3,225

$158,100 + $708,500

$866,600

2014

$3,225

$158,100 + $708,500

$866,600

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

4.8 Acres

Year renovated

—

Sq. Ft.

5,316

Year built

1992

Style

Single Family Residential

County

Watauga County

APN

1980530094000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 20, 2026.

Property details

Parking

Parking/Garage Information
Has Garage
Has Attached Garage
Parking Features: Paved, Asphalt, Attached, Driveway, Garage, Private

Interior

Bathroom Information
# of Full Bathrooms: 3
# of Half Bathrooms: 1

Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Forced Air, Propane, Other, See Remarks

Interior Features
Interior Features: Cathedral Ceiling(s), Sauna
Window Features: Skylight(s), Double Pane Windows
Appliances: Oven, Cooktop, Down Draft, Double Oven, Dryer, Dishwasher, Electric Water Heater, Gas Cooktop, Disposal, Microwave, Refrigerator, Washer
Has Fireplace
# of Fireplaces: 2
Fireplace Features: Stone

Room Information
Laundry Features: In Basement, Main Level
Has Basement
Basement Details: Exterior Entry, Full, Finished, Interior Entry, Walk-Out Access

Exterior

Exterior Features
Patio And Porch Features: Covered
Roof: Asphalt, Shingle

Building Information
Above Grade Finished Area: 5,224
Levels: One
# of Stories Total: 1
Construction Materials: Log, Stone

Property Features
On Waterfront
Waterfront Features: River Front, River Access
Has View

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Residence

Land Information
Vegetation: Partially Wooded

Lot Information
Lot Features: Wooded
Road Surface Type: Paved
Road Responsibility: Private Maintained Road
Road Frontage Type: Private Road
Lot Size : 4.8
Lot Size Area: 4.8
Lot Size Units: Acres
Lot Size Acres: 4.8
Zoning Description: Residential

Financial

Tax Information
Tax Annual Amount: $4,006

Utilities

Utility Information
Water Source: Private, Well
Electric: Generator
Sewer: Private Sewer

Location

HOA Information
Has Homeowners Association
Association Fee: $600
Association Fee Frequency: Annually
Derived Association Fee (Monthly): $50

Schools Information
Elementary School: Valle Crucis
High School: Watauga

Location Information
Subdivision Name: Shulls Farm

Public facts

Beds: 5
Baths: 3.0
Sq. Ft.: 5,316
Stories: 1.0
Lot Size: 4.8 acres
Style: Single Family Residential
Year Built: 1992
Year Renovated: —
County: Watauga County
APN: 1980530094000

Home facts updated by county records on Jul 20, 2026

Other

Listing Information
List AOR: HighCountryAssociationOfRealtorsInc

Around this home

Schools

Valle Crucis Elementary

Public PreK-8 • Assigned • 6.0mi

7/10

Watauga High

Public 9-12 • Assigned • 6.3mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

8 days above 88° expected this year, 25 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Banner Elk, NC • 28604

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.4 hours in June and 4.8 hours in December, placing it below the U.S. average for solar exposure.

8.4 hrs

4.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.95M – $2.36M

Sell confidently with a local market expert in Banner Elk. 3 minutes to get started.

Nearby similar homes

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Land— sq ft

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1193 Oliver Hill Rd, Banner Elk, NC 28604

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276 E Rivers Edge, Boone, NC 28607

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3 beds3 baths2,724 sq ft

139 Nettles Ridge Rd, Banner Elk, NC 28604

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3 beds3.5 baths2,915 sq ft

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New listings for sale in 28604

NEW 15 HRS AGO

$565,000

2 beds2 baths1,382 sq ft

156 Crescent Ln Unit 23D, Sugar Mountain, NC 28604

NEW 23 HRS AGO

$850,000

4 beds3.5 baths2,533 sq ft

358 Green Cove Rd, Sugar Mountain, NC 28604

$650,000

2 beds2 baths1,647 sq ft

393 Green Cove Rd, Sugar Mountain, NC 28604

$599,000

2 beds3 baths1,850 sq ft

155 Spice Apple Dr, Banner Elk, NC 28604

$685,000

4 beds3 baths1,800 sq ft

102 Woodland Rd, Beech Mountain, NC 28604

VIDEO TOUR

$975,000

2 beds2.5 baths1,654 sq ft

659 Clubhouse Dr Unit D2, Banner Elk, NC 28604

$339,900

2 beds2.5 baths980 sq ft

174 Grouse Moor Dr #8, Sugar Mountain, NC 28604

$1,850,000

4 beds4.5 baths2,828 sq ft

93 Meadow Park Pl, Banner Elk, NC 28604

$320,000

2 beds2 baths979 sq ft

303 Sugar Top Dr #2907, Sugar Mountain, NC 28604

Home values near 255 New Farm Rd

Data from public records.

Address	Redfin Estimate
511 New Farm Road, Banner Elk, NC 4 Beds \| 2.5 Baths \| 3428 Sq. Ft.	$1,221,557
188 New Farm Road, Banner Elk, NC 2 Beds \| 2 Baths \| 918 Sq. Ft.	$764,148

Address	Redfin Estimate
379 New Farm Road, Banner Elk, NC 3 Beds \| 4.5 Baths \| 3262 Sq. Ft.	$1,533,515
449 New Farm Road, Banner Elk, NC 4 Beds \| 4.5 Baths \| 4331 Sq. Ft.	$1,548,695

Address	Redfin Estimate
348 New Farm Road, Banner Elk, NC 5 Beds \| 5.5 Baths \| 4792 Sq. Ft.	$2,432,931
182 Valle River Road, Banner Elk, NC 3 Beds \| 2 Baths \| 1368 Sq. Ft.	$416,230

Property information provided by HCMLS when last listed in 2020. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 28604, NC

Sale history for 255 New Farm Rd

Tax history for 255 New Farm Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 28604

Home values near 255 New Farm Rd

More real estate resources