OFF MARKET
Off Market Nov 2020 for $1.6M
$2,772,336
6
bd
5 ba
7,140
sq ft

488 Farm Loop Road Rd, Banner Elk, NC 28604

map-entry

About this home

Single-familyProperty Type
2009Year Built
1.8 acresLot Size
$388Est. Price/Sq.Ft.
Listed by Michael Donnell Peak Real Estate Llc
Bought with Derek Rowley Premier Sotheby's International Realty- Banner Elk
Redfin checked: 2 minutes ago
Source:HCMLS #208065

Redfin Estimate

$2,772,336
$1.1M since sold in November 2020$25K since July

This home's estimate is 97.6% higher than the average sale price ($1.40M) of 5 comparable homes.

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Earn from this home

Rent
$4,513/mo
Redfin rental estimate

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Market trends in 28604, NC

Sale history for 488 Farm Loop Road Rd

Tax history for 488 Farm Loop Road Rd

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

Public record

Beds
6
Baths
5.5
Stories
2
Lot width
Lot depth
Lot size
1.82 Acres
Year renovated
2008
Sq. Ft.
5,214
Year built
2007
Style
Single Family Residential
County
Avery County
APN
18580769002500000
Parking Spaces
Basement
Accessible
HOA Dues
Garage
Features
Last updated by owner on Aug 10, 2026.

Property details

Around this home

Schools

Banner Elk Elementary School

Public PreK-5 • Assigned • 0.7mi

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

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

1/10 Heat Factor

8 days above 85° expected this year, 23 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

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

Provided by First Street

Historical weather

Banner Elk, NC • 28604
Average low and high temperatures (°F)
32
17
42
25
53
35
61
44
63
47
71
56
74
61
69
57
65
52
58
42
49
35
40
26
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 4.9 hours in December, placing it below the U.S. average for solar exposure.

8.4 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$2.63M – $3.19M

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Property information provided by HCMLS when last listed in 2020. This data may not match public records. Learn more.
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GreatSchools Ratings provided by GreatSchools.org.