OFF MARKET

Off Market Jul 2016 for $965K

$1,902,122

Est. refi paymentEst. refi $5,927/mo

•

3,390

sq ft

581 Farm Loop Rd, Banner Elk, NC 28604

About this home

The Farm at Banner Elk is a premiere gated community with a unique topography that features rolling hillsides at the foot of majestic mountains giving way to meadows, pastures and ponds. The Farm's pastures, walking trails, outdoor pavilion and stocked trout ponds were carefully planned to create an environment that is unique in Southern mountain communities. Call office for gate code. LO does not hold earnest money deposit. LA must accompany showings. Fuel in tank does not convey. SubDivision:The Farm At Banner Elk

Single-familyProperty Type

2006Year Built

0.81 acresLot Size

$561Est. Price/Sq.Ft.

2 car garageParking

Listed by Lee Gillette • BHHS Vincent Properties

Bought with Lee Gillette • BHHS Vincent Properties

Redfin checked: 2 minutes ago

•Source:HCMLS #194145

Redfin Estimate

$1,902,122

$937K since sold in July 2016$28K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 85.4% higher than the average sale price ($1.03M) of 6 comparable homes.

SOLD JUL 23, 2026
$865,000
A
3 beds3 baths2,403 sq ft
65 Laurel Rock Ct, Banner Elk, NC 28604
SOLD JUL 6, 2026
$570,000
B
3 beds3.5 baths2,299 sq ft
118 Paupers Ridge Ln, Banner Elk, NC 28604
SOLD DEC 31, 2025
$825,000
C
3 beds3.5 baths2,692 sq ft
171 Gilliam Rd, Banner Elk, NC 28604
SOLD JUL 31, 2026
$2,100,000
D
3 beds3.5 baths3,370 sq ft
30 Crestview Ln, Banner Elk, NC 28604
SOLD MAY 19, 2026
$1,150,000
E
3 beds3.5 baths3,050 sq ft
115 Turkey Trl, Sugar Mountain, NC 28604
SOLD NOV 25, 2025
$647,000
F
3 beds3.5 baths1,886 sq ft
610 Highland Dr, Banner Elk, NC 28604

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Earn from this home

Refinance

Est. cash available

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Rent

$4,147/mo

Redfin rental estimate

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Market trends in 28604, NC

Last updated July 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

95.9%

+0.0% MoM

Median sale price

$506K

$11K MoM

Avg. days on market

72d

57 days MoM

Recently sold homes

113

11 MoM

New listings for sale

NEW 15 HRS AGO
$289,000
2 beds2 baths988 sq ft
303 Sugar Top Dr #2023, Sugar Mountain, NC 28604
$1,899,000
4 beds4.5 baths3,749 sq ft
95 Autumn Blaze Ct, Banner Elk, NC 28604
3D WALKTHROUGH
$2,995,000
4 beds4.5 baths2,494 sq ft
861 Talon Trl, Banner Elk, NC 28604
$289,900
2 beds2 baths988 sq ft
303 Sugar Top Dr #2915, Sugar Mountain, NC 28604
$1,450,000
3 beds2.5 baths2,118 sq ft
148 River Haven Dr, Banner Elk, NC 28604
$229,000
1 bed1 bath597 sq ft
237 Briarcliff Rd Unit H39, Sugar Mountain, NC 28604
$1,295,000
4 beds4 baths2,972 sq ft
128 Snow Fox Ln, Banner Elk, NC 28604
$1,375,000
4 beds3.5 baths3,728 sq ft
821 River Run Rd, Banner Elk, NC 28604
$294,000
2 beds1 bath802 sq ft
23 Pinetop Unit B, Banner Elk, NC 28604
$1,100,000
5 beds5.5 baths2,698 sq ft
160 Old Turnpike East Rd, Banner Elk, NC 28604
See all

Provided by Redfin

Sale history for 581 Farm Loop Rd

Date

Event

Price

HCMLS #194145

Jul 29, 2016

Sold

$965,500

$285/sq ft

Sep 15, 2015

Listed

$1,190,000

$351/sq ft

HCMLS #188684

Mar 4, 2015

Sold

$937,500

$277/sq ft

Nov 30, 2014

Listed

$1,050,000

$310/sq ft

+37

For the buyer w/ highly distinguished taste, this estate stands out from ALL the rest. With the incredible custom kitchen & luxurious master bath, the new owners will never want to leave! Mountain rustic meets sophistication & modern elegance in the elements of reclaimed barnwood floors throughout the living area & master/office, & heated stone/marble/brick floors in all baths, laundry, guest bedroom, the attached greenhouse/studio & the separate suite kitchen over the oversized 2-car garage, w/ custom tray & grand vaulted chestnut beamed ceilings, custom built-ins around huge stone fireplaces in the grand room, master bedroom, and private screened outdoor patio. The kitchen is well-appointed for even the most accomplished of chefs/bakers, including a commercial grade Wolf gas stove enhanced by an amazing hood & tile/onyx inlaid backsplash & limestone counters, SubZero fridge & freezer & wine cooler, top-of the line wall ovens/microwave/steamer, copper veggie sink, an 8 foot marble tiled island for preparation, custom cabinetry & an ample walk-in pantry. All finishes are unmatched!!

Public Records

Jun 16, 2014

Sold

$950,000

$280/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$9,780

$150,000 + $987,200

$1,137,200

2024

$9,780

$150,000 + $987,200

$1,137,200

2023

$9,780 (+115.0%)

$150,000 + $987,200

$1,137,200

2022

$4,549 (−14.0%)

$150,000 + $987,200

$1,137,200

2021

$5,287 (−50.5%)

$185,000 + $776,300

$961,300

2020

$10,670

$185,000 + $776,300

$961,300

2019

$10,670 (+0.9%)

$185,000 + $776,300

$961,300

2018

$10,574 (+17.7%)

$185,000 + $776,300

$961,300

2017

$8,985 (+152.7%)

$82,500 + $712,600

$795,100

2016

$3,555 (−14.2%)

$82,500 + $712,600

$795,100

2014

$4,142

$82,500 + $712,600

$795,100

Tax history for 581 Farm Loop Rd

Year

Property tax

Land + Additions

Assessment*

2025

$9,780

$150,000 + $987,200

$1,137,200

2024

$9,780

$150,000 + $987,200

$1,137,200

2023

$9,780 (+115.0%)

$150,000 + $987,200

$1,137,200

2022

$4,549 (−14.0%)

$150,000 + $987,200

$1,137,200

2021

$5,287 (−50.5%)

$185,000 + $776,300

$961,300

2020

$10,670

$185,000 + $776,300

$961,300

2019

$10,670 (+0.9%)

$185,000 + $776,300

$961,300

2018

$10,574 (+17.7%)

$185,000 + $776,300

$961,300

2017

$8,985 (+152.7%)

$82,500 + $712,600

$795,100

2016

$3,555 (−14.2%)

$82,500 + $712,600

$795,100

2014

$4,142

$82,500 + $712,600

$795,100

*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

Lot width

—

Lot depth

—

Lot size

0.81 Acres

Year renovated

2006

Sq. Ft.

3,363

Year built

2006

Style

Single Family Residential

County

Avery County

APN

18580758375000000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 10, 2026.

Property details

Parking

Parking/Garage Information
Has Garage
# of Garage Spaces: 2
Parking Features: Paved, Driveway, Garage, Oversized, Private

Interior

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

Heating & Cooling
Has Heating
Heating: Exhaust Fan, Electric, Forced Air, Fireplace(s), Propane, Radiant

Interior Features
Window Features: Double Pane Windows
Appliances: Oven, Dryer, Dishwasher, Exhaust Fan, Freezer, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
Has Fireplace
# of Fireplaces: 3
Fireplace Features: Free Standing, Gas, Other, See Remarks, Stone, Wood Burning, Propane

Room Information
Laundry Features: Washer Hookup
Has Basement
Basement Details: Crawl Space, Walk-Out Access

Exterior

Exterior Features
Patio And Porch Features: Covered, Screened
Roof: Other, Slate, See Remarks

Building Information
Above Grade Finished Area: 3,390
Construction Materials: Wood Siding, Stone

Property Features
Waterfront Features: Pond
Has View
Horses Allowed
Other Structures: Guest House

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

Lot Information
Lot Features: Wooded
Lot Size Acres: 0.81
Zoning Description: Deed Restrictions,Residential,Subdivision

Utilities

Utility Information
Water Source: Private, Well
Utilities: Cable Available
Sewer: Private Sewer

Location

HOA Information
Has Homeowners Association
Association Fee: $1,210
Association Fee Frequency: Annually
Derived Association Fee (Monthly): $100.83

Schools Information
Elementary School: Banner Elk

Location Information
Subdivision Name: The Farm At Banner Elk

Community Information
Community Features: Clubhouse, Gated

Public facts

Beds: 3
Baths: 3.5
Sq. Ft.: 3,363
Stories: 2.0
Lot Size: 0.81 acres
Style: Single Family Residential
Year Built: 2006
Year Renovated: 2006
County: Avery County
APN: 18580758375000000

Home facts updated by county records on Aug 10, 2026

Other

Listing Information
List AOR: HighCountryAssociationofRealtorsInc

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

1/10 Fire Factor

Unlikely to be 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)

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

$1.81M – $2.19M

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

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New listings for sale in 28604

NEW 15 HRS AGO

$289,000

2 beds2 baths988 sq ft

303 Sugar Top Dr #2023, Sugar Mountain, NC 28604

$1,899,000

4 beds4.5 baths3,749 sq ft

95 Autumn Blaze Ct, Banner Elk, NC 28604

3D WALKTHROUGH

$2,995,000

4 beds4.5 baths2,494 sq ft

861 Talon Trl, Banner Elk, NC 28604

$289,900

2 beds2 baths988 sq ft

303 Sugar Top Dr #2915, Sugar Mountain, NC 28604

$1,450,000

3 beds2.5 baths2,118 sq ft

148 River Haven Dr, Banner Elk, NC 28604

$229,000

1 bed1 bath597 sq ft

237 Briarcliff Rd Unit H39, Sugar Mountain, NC 28604

$1,295,000

4 beds4 baths2,972 sq ft

128 Snow Fox Ln, Banner Elk, NC 28604

$1,375,000

4 beds3.5 baths3,728 sq ft

821 River Run Rd, Banner Elk, NC 28604

$294,000

2 beds1 bath802 sq ft

23 Pinetop Unit B, Banner Elk, NC 28604

Home values near 581 Farm Loop Rd

Data from public records.

Address	Redfin Estimate
641 Farm Loop Rd, Banner Elk, NC 3 Beds \| 3.5 Baths \| 3099 Sq. Ft.	$1,654,304
465 Farm Loop Rd, Banner Elk, NC 4 Beds \| 3.5 Baths \| 3557 Sq. Ft.	$1,529,115

Address	Redfin Estimate
707 Farm Loop Rd, Banner Elk, NC 4 Beds \| 4.5 Baths \| 3054 Sq. Ft.	$1,720,982
581 Farm Loop Rd Apt N/A, Banner Elk, NC 3 Beds \| 3.5 Baths \| 3444 Sq. Ft.	$1,812,848

Address	Redfin Estimate
484 Farm Loop Rd, Banner Elk, NC 5 Beds \| 4 Baths \| 4997 Sq. Ft.	$2,693,422
534 Farm Loop Rd, Banner Elk, NC 4 Beds \| 4.5 Baths \| 4260 Sq. Ft.	$3,378,450

Property information provided by HCMLS when last listed in 2015. 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 581 Farm Loop Rd

Tax history for 581 Farm Loop 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 581 Farm Loop Rd

More real estate resources