OFF MARKET

Off market dec 2021 for $1.1M

$1,586,108

Est. refi paymentEst. refi $7,559/mo

•

3,884

sq ft

391 Old Shulls Farm Rd, Banner Elk, NC 28604

About this home

Luxury Home on @4.14 Acres of River Front Property in “ Historic Valle Crucis “ with Huge Pond and Footbridge TO ACCESS YOUR VERY OWN @469 feet Approx. of RIVER FRONTAGE on the Watauga River | Level Grassy Pasture Acreage | Horse Pasture | Horses Permitted | Trout Fishing. Located in the desirable Valle Crucis Community within established Shull's Farm among other fine homes on large tracts. SUPER Central Location is Convenient to Dining, Shopping, Hospital, Parks, Fishing, Hiking, Skiing and The Blue Ridge Parkway. This Estate offers very easy Year-Round Access. Spacious Master Suite Wing ON MAIN LEVEL is @ 33ft. X 21ft. total - Master Bath with Walk-In-Tile-Shower + Garden Whirlpool Tub - Double Vanities – Huge Double Walk-In-Closets. Family Room / Theater Room is on the third level and is @ 30ft X 17ft - Modern Kitchen w-Granite + Island in Great Room area with Fireplace – All Baths + Kitchen are fully updated – There is a Formal Living Room + Formal Dining Room – Instant Hot Water systems – Zoned Central Heating + Cooling – " Multiple Decking areas " + much more. We understand that the back of the home is elevated above the floodplain area. NO SHORT-TERM RENTALS. Buy now!

Single-familyProperty Type

1990Year Built

4.14 acresLot Size

$408Est. Price/Sq.Ft.

Listed by Michael Parkinson • Don't Use****Keller Williams HIGH Country

Bought with Leigh Sasse • Peak Real Estate Llc

Redfin checked: a minute ago

•Source:HCMLS #229594

Redfin Estimate

$1,586,108

$471K since sold in December 2021$24K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 42.8% higher than the average sale price ($1.11M) 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 25, 2026
$1,415,000
B
3 beds3.5 baths3,297 sq ft
151 Man O War South, Vilas, NC 28692
SOLD SEP 25, 2026
$1,010,000
C
3 beds2.5 baths3,452 sq ft
2134 Valle Cay Dr, Vilas, NC 28692
SOLD JAN 15, 2026
$750,000
D
4 beds3 baths3,745 sq ft
671 Bairds Creek Rd, Vilas, NC 28692
SOLD SEP 4, 2026
$855,000
E
3 beds3.5 baths3,500 sq ft
615 New Homestead Dr, Vilas, NC 28692

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$4,073/mo

Redfin rental estimate

List your home for rent

Market trends in 28604, NC

Last updated September 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 16 HRS AGO
$165,000
2 beds2 baths861 sq ft
101 Mid Holiday Ln Unit E219, Beech Mountain, NC 28604
NEW 16 HRS AGO
$530,000
4 beds2 baths1,800 sq ft
202 Birchwood Ln, Beech Mountain, NC 28604
NEW 23 HRS AGO
$715,000
3 beds2 baths2,122 sq ft
569 Klonteska Dr, Banner Elk, NC 28604
$695,000
4 beds3 baths2,845 sq ft
202 Cliffside Ln, Seven Devils, NC 28604
$649,000
5 beds4 baths2,755 sq ft
100 Pond Creek Rd, Beech Mountain, NC 28604
$225,000
1 bed1 bath560 sq ft
42 Hemlock Hill Rd Unit B, Banner Elk, NC 28604
$679,000
3 beds3.5 baths2,293 sq ft
173 Skiview Rd, Seven Devils, NC 28604
$3,599,000
3 beds4 baths3,473 sq ft
416 Spring Winds Dr, Banner Elk, NC 28604
$407,000
2 beds2.5 baths1,538 sq ft
102 Cricket Way, Beech Mountain, NC 28604
$960,000
2 beds2 baths1,569 sq ft
500 Laurel Ridge Ln Unit B1, Banner Elk, NC 28604
See all

Provided by Redfin

Sale history for 391 Old Shulls Farm Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,977 (+0.3%)

$247,800 + $801,600

$1,049,400

2024

$3,965 (+0.5%)

$247,800 + $801,600

$1,049,400

2023

$3,944 (+0.6%)

$247,800 + $801,600

$1,049,400

2022

$3,922 (+52.2%)

$247,800 + $796,100

$1,043,900

2021

$2,576

$150,200 + $400,800

$551,000

2020

$2,576

$150,200 + $400,800

$551,000

2019

$2,576 (+12.0%)

$150,200 + $400,800

$551,000

2018

$2,301

$150,200 + $400,800

$551,000

2017

$2,301 (+10.6%)

$150,200 + $400,800

$551,000

2016

$2,080

$150,200 + $400,800

$551,000

2015

$2,080

$150,200 + $400,800

$551,000

2014

$2,080

$150,200 + $400,800

$551,000

Tax history for 391 Old Shulls Farm Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,977 (+0.3%)

$247,800 + $801,600

$1,049,400

2024

$3,965 (+0.5%)

$247,800 + $801,600

$1,049,400

2023

$3,944 (+0.6%)

$247,800 + $801,600

$1,049,400

2022

$3,922 (+52.2%)

$247,800 + $796,100

$1,043,900

2021

$2,576

$150,200 + $400,800

$551,000

2020

$2,576

$150,200 + $400,800

$551,000

2019

$2,576 (+12.0%)

$150,200 + $400,800

$551,000

2018

$2,301

$150,200 + $400,800

$551,000

2017

$2,301 (+10.6%)

$150,200 + $400,800

$551,000

2016

$2,080

$150,200 + $400,800

$551,000

2015

$2,080

$150,200 + $400,800

$551,000

2014

$2,080

$150,200 + $400,800

$551,000

*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

3.5

Stories

2.5

Lot width

—

Lot depth

—

Lot size

4.14 Acres

Year renovated

—

Sq. Ft.

4,231

Year built

1990

Style

Single Family Residential

County

Watauga County

APN

1980522349000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 20, 2026.

Property details

Parking

Parking/Garage Information
Parking Features: Paved, Driveway, No Garage, Private

Interior

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

Heating & Cooling
Has Cooling
Cooling: Central Air, Heat Pump, Zoned
Has Heating
Heating: Exhaust Fan, Forced Air, Fireplace(s), Propane, Zoned

Interior Features
Interior Features: High Speed Internet
Window Features: Double Pane Windows, Window Treatments
Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
Has Fireplace
# of Fireplaces: 2
Fireplace Features: Gas, Masonry, Wood Burning, Propane

Room Information
Laundry Features: Main Level
Basement Details: Crawl Space

Exterior

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

Pool Information
Has Spa/Hot Tub

Building Information
Above Grade Finished Area: 3,884
Levels: Three Or More
# of Stories Total: 3
Construction Materials: Wood Siding, Frame

Property Features
On Waterfront
Waterfront Features: Pond, 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

Lot Information
Lot Features: Pasture
Road Surface Type: Paved
Road Responsibility: Private Maintained Road
Road Frontage Type: Private Road
Lot Size : 4.14
Lot Size Area: 4.14
Lot Size Units: Acres
Lot Size Acres: 4.14
Zoning Description: Deed Restrictions,Residential,Subdivision

Financial

Tax Information
Tax Annual Amount: $2,576

Utilities

Utility Information
Water Source: Shared Well
Utilities: Cable Available

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: 3.5
Sq. Ft.: 4,231
Stories: 2.5
Lot Size: 4.14 acres
Style: Single Family Residential
Year Built: 1990
Year Renovated: —
County: Watauga County
APN: 1980522349000

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

7/10 Flood Factor

Estimated 80%+ chance 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, 24 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

$1.51M – $1.83M

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

Nearby similar homes

$1,100,000

4 beds4.5 baths3,369 sq ft

225 Isle Of Skye, Banner Elk, NC 28604

VIDEO TOUR

$1,500,000

Land— sq ft

455 Shawnee Rd, Banner Elk, NC 28604

FOR SALE BY OWNER

$404,900

3 beds2 baths1,008 sq ft

851 Bairds Creek Rd, Vilas, NC 28692

$2,150,000

4 beds5.5 baths6,761 sq ft

285 Wetherley, Boone, NC 28607

$574,000

3 beds2 baths1,736 sq ft

443 Dogwood Rd, Boone, NC 28607

$650,000

3 beds2 baths1,530 sq ft

260 Woodwinds Ln, Seven Devils, NC 28604

New listings for sale in 28604

NEW 16 HRS AGO

$165,000

2 beds2 baths861 sq ft

101 Mid Holiday Ln Unit E219, Beech Mountain, NC 28604

NEW 16 HRS AGO

$530,000

4 beds2 baths1,800 sq ft

202 Birchwood Ln, Beech Mountain, NC 28604

NEW 23 HRS AGO

$715,000

3 beds2 baths2,122 sq ft

569 Klonteska Dr, Banner Elk, NC 28604

$695,000

4 beds3 baths2,845 sq ft

202 Cliffside Ln, Seven Devils, NC 28604

$649,000

5 beds4 baths2,755 sq ft

100 Pond Creek Rd, Beech Mountain, NC 28604

$225,000

1 bed1 bath560 sq ft

42 Hemlock Hill Rd Unit B, Banner Elk, NC 28604

$679,000

3 beds3.5 baths2,293 sq ft

173 Skiview Rd, Seven Devils, NC 28604

$3,599,000

3 beds4 baths3,473 sq ft

416 Spring Winds Dr, Banner Elk, NC 28604

$407,000

2 beds2.5 baths1,538 sq ft

102 Cricket Way, Beech Mountain, NC 28604

Home values near 391 Old Shulls Farm Rd

Data from public records.

Address	Redfin Estimate
575 Old Shulls Farm Rd, Banner Elk, NC 4 Beds \| 2.5 Baths \| 2789 Sq. Ft.	$1,285,356
535 Old Shulls Farm Rd, Banner Elk, NC 3 Beds \| 3.5 Baths \| 3056 Sq. Ft.	$1,869,741

Address	Redfin Estimate
497 Old Shulls Farm Rd, Banner Elk, NC 4 Beds \| 4 Baths \| 4462 Sq. Ft.	$1,578,519
433 Old Shulls Farm Rd, Banner Elk, NC 5 Beds \| 4.5 Baths \| 5768 Sq. Ft.	$1,784,845

Address	Redfin Estimate
366 Old Shulls Farm Rd, Banner Elk, NC 3 Beds \| 3 Baths \| 2496 Sq. Ft.	$865,508
531 Old Shulls Farm Rd, Banner Elk, NC 3 Beds \| 2 Baths \| 2601 Sq. Ft.	$1,761,478

Property information provided by HCMLS when last listed in 2021. This data may not match . Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

28604 homes for sale
28692 homes for sale
28607 homes for sale
28679 homes for sale

Houses for sale near me	Charlotte, NC homes for sale	Apex, NC homes for sale
Land for sale near me	Raleigh, NC homes for sale	Greensboro, NC homes for sale
Open Houses near me	Cary, NC homes for sale	Valle Crucis Property Records
Condos for sale near me	Durham, NC homes for sale	NC New Listings
Agents near me	Asheville, NC homes for sale	Valle Crucis Housing Market

Banner Elk homes for sale
Boone homes for sale
Blowing Rock homes for sale

About this home

Redfin Estimate

Earn from this home

Market trends in 28604, NC

Sale history for 391 Old Shulls Farm Rd

Tax history for 391 Old Shulls 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 391 Old Shulls Farm Rd

More real estate resources