This home's estimate is 97.6% higher than the average sale price ($1.40M) of 5 comparable homes.
Search- Overview
- Sale & tax history
- Property details
- Neighborhood
- Climate






























488 Farm Loop Road Rd, Banner Elk, NC 28604
About this home
BACK ON THE MARKET!!!"OVERLOOK ESTATE" After spring cleaning and painting, looks brand new! Own this magnificently crafted "lodge" in The Farm. A proven $$ maker . Six figures annually . Though the pictures by CCR are fabulous, this is a must see property! Priced below appraisal and way below cost. A wonderful mountain home for your family or multiple families with three master suites, 6/5, with extra sleeping areas or weight room, wine room, bunk room. Loft with full bar and pool table, 4 fireplaces, covered outdoor living area with two sided fireplace and Jacuzzi spa with big view of Grandfather and the valley below. Post and Beam construction with log accents, a Grand multi-antlered chandelier in the huge Great Room with a double flued large stone fireplace, and an all Open floor plan make this The place for family gatherings and entertaining. 3+ car garage , level entry at 4000' elevation, generator and wired for security, but never needed in Banner Elk!!
Redfin Estimate
Earn from this home
List your home for rent
Market trends in 28604, NC
Last updated July 2026
Buyer's Market
Seller's Market
Buyer's market
+0.0% MoM
See all
Provided by Redfin
Sale history for 488 Farm Loop Road Rd
$236/sq ft
$248/sq ft
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
Property details
Parking
- Parking/Garage Information
- Has Garage
- Has Attached Garage
- Parking Features: Attached, Garage
Interior
- Bathroom Information
- # of Full Bathrooms: 5
- Heating & Cooling
- Has Cooling
- Cooling: Central Air, Electric, Zoned
- Has Heating
- Heating: Exhaust Fan, Natural Gas, Electric, Forced Air, Fireplace(s), Hot Water, Propane, Radiant Floor, Wood, Zoned
- Interior Features
- Interior Features: Wet Bar, Cathedral Ceiling(s)
- Window Features: Double Pane Windows, Screens
- Appliances: Oven, Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Gas Cooktop, Disposal, Microwave, Refrigerator, Warming Drawer, Washer
- Has Fireplace
- # of Fireplaces: 3
- Fireplace Features: Gas, Stone, Wood Burning, Outside, Propane
- Room Information
- Laundry Features: Washer Hookup, Main Level
- Has Basement
- Basement Details: Exterior Entry
Exterior
- Exterior Features
- Fencing: Invisible
- Roof: Shingle
- Pool Information
- Has Spa/Hot Tub
- Building Information
- Above Grade Finished Area: 4,405
- Below Grade Finished Area: 2,735
- Levels: Two
- # of Stories Total: 2
- Construction Materials: Wood Siding, Cedar, Frame, Stone Veneer
- Property Features
- Has View
- Security Features: Security System
- Accessibility Features: Therapeutic Whirlpool
- 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 : 1.8
- Lot Size Area: 1.8
- Lot Size Units: Acres
- Lot Size Acres: 1.8
- Zoning Description: Subdivision
Financial
- Tax Information
- Tax Annual Amount: $19,000
Utilities
- Utility Information
- Water Source: Public
- Electric: Generator
Location
- HOA Information
- Has Homeowners Association
- Association Fee: $1,770
- Association Fee Frequency: Annually
- Derived Association Fee (Monthly): $147.50
- Schools Information
- Elementary School: Avery
- Location Information
- Subdivision Name: The Farm At Banner Elk
Public facts
- Beds: 6
- Baths: 5.5
- Sq. Ft.: 5,214
- Stories: 2.0
- Lot Size: 1.82 acres
- Style: Single Family Residential
- Year Built: 2007
- Year Renovated: 2008
- County: Avery County
- APN: 18580769002500000
Other
- Listing Information
- List AOR: HighCountryAssociationOfRealtorsInc
Around this home
Schools
Public PreK-5 • Assigned • 0.7mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.00% chance of being in a wildfire in next 30 years
8 days above 85° expected this year, 23 days in 30 years
Minor risk of severe winds over next 30 years
2 unhealthy days expected this year, 2 days in 30 years
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.
Sell confidently with a local market expert in Banner Elk. 3 minutes to get started.
Nearby similar homes
New listings for sale in 28604
Home values near 488 Farm Loop Road Rd
| Address | Redfin Estimate |
|---|---|
5 Beds | 4 Baths | 4997 Sq. Ft. | $2,693,422 |
4 Beds | 3.5 Baths | 3557 Sq. Ft. | $1,529,115 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 5.5 Baths | 4032 Sq. Ft. | $1,477,320 |
4 Beds | 4.5 Baths | 4260 Sq. Ft. | $3,378,450 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 3.5 Baths | 2821 Sq. Ft. | $1,209,308 |
3 Beds | 3 Baths | 2403 Sq. Ft. | $898,061 |
More real estate resources
- Cities
- Zip Codes
- Popular Searches
| Boone homes for sale | |||
| Beech Mountain homes for sale | |||
| Blowing Rock homes for sale |
| 28604 homes for sale | |||
| 28657 homes for sale |
Find us
Subsidiaries
Affiliated Business
Copyright: © 2026 Redfin. All rights reserved.
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.















































United States
Canada