1501 Beech Mountain Parkway Banner Elk, NC $ 1,600,000
1501 Beech Mountain Parkway
$ 1,600,000
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1501 Beech Mountain Parkway

Banner Elk, NC, 28604
$ 1,600,000
Bedrooms3 Baths3.1 Sq 3,000

Monthly Estimate*

$ 11,176

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Single Family Home for sale in Banner Elk, NC

for $1,600,000 with 3 bedrooms and 3 full baths, 1 half bath. This 3,000 square foot home was built in 2021 on a lot size of 14.33.

Bankruptcy sale opportunity! New construction grand lodge log home in Banner Elk. This spectacular home is the ultimate in North Carolina mountain luxury, perched at over 4,200 feet of elevation midway up Beech Mountain and convenient to everything. The home is positioned on nearly 15 secluded acres directly between downtown Banner Elk and Beech Mountain and offers a picture-frame, unobstructed view of majestic Grandfather Mountain. The home is constructed of timeless, reclaimed bald cypress, white pine and oak woods. It is planned and permitted for five bedrooms in 5,129 heated square feet, with a fully finished walk-out basement. The main level and second floor are nearly completed and currently offer three bedrooms, three full baths and one half bath. The great room features cathedral tongue-and-groove ceilings, a massive wood-burning stone fireplace and gourmet kitchen and dining area. The primary suite on main level features its own stacked stone gas fireplace and access to the expansive wrap-around deck looking out onto stunning views. The second floor features two guest suites, each with their own full bath. Step out to the upper deck and look out onto panoramic mountain views for 180 degrees and enjoy the cool summer air. The expansive walkout basement offers a terrific space for a casual den and game room, additional guest suite, bunk rooms and second laundry. The property has two rushing streams and stately driveway leading to the home. The property is free of any restrictive covenants and HOA fees, and offers plenty of space for fire pits, trails, barns, horses, ball fields, barbecues, gardens or whatever else you choose to make the estate your own. This is a rare and unique opportunity to walk right into a nearly completed authentic lodge home and choose your personal finishes. Local log home builder is still in place and ready to finish the home. Call today for additional information and to schedule a showing. Sale subject to bankruptcy court approval.

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Single Family Active

Price

$ 1,600,000

Bedrooms

3

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 1,990

Style

Single Family

Lot Size

14.33

Year Built

2021

Town/City

Banner Elk

County/Region

Avery

MLS | Web ID

245021

Features
General
Interior Features CathedralCeilings VaultedCeilings
Sewer PrivateSewer SepticPermit5orMoreBedroom
Heating Electric ForcedAir Fireplaces HotWater Propane Zoned
Cooling None
Utilities HighSpeedInternetAvailable
Roof Metal
Appliances ElectricWaterHeater
Exterior Features Storage GravelDriveway
Patio/Porch Features Covered Multiple Open WrapAround
Architectural Style LogHome Mountain
Construction Materials Cedar Log LogSiding Stone WoodFrame
Year Built 2021
View LongRange Mountains TreesWoods SouthernExposure
Stories 3
Levels ThreeOrMore
Property SubType SingleFamilyResidence
Waterfront Features Creek Stream
Community Features TrailsPaths LongTermRentalAllowed ShortTermRentalAllowed
County Avery
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage N
Subdivision Name None
Garage Y/N N
Status Active
High School Avery County
City Banner Elk
Buyer Agent Compensation 3
View Y/N Y
Senior Community Y/N N
Zoning Description None
MLS Area 8-Banner Elk
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Beech Mountain
Listing Terms Cash NewLoan
Elementary School Banner Elk
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1990.81
Home Warranty Y/N N
Middle/Junior High School Cranberry
Lease Renewal Y/N N
MLS Area Minor Banner Elk
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 218
Standard Status Active
Property Sub Type Additional SingleFamilyResidence
Buyer Agent Compensation Type Item1
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Interior
Basement Unfinished WalkOutAccess
Total Fireplaces 3
Fireplace Features Three Stone Propane WoodBurning
Total Stories 3
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Window Features DoubleHung DoublePaneWindows StormWindows WoodFrames
Fireplace Y/N Y
Above Grade Finished Area 3000.0
Full Baths 3
Half Baths 1
Street Suffix Parkway
Laundry Features InBasement MainLevel
Total Bedrooms 3
Below Grade Finished Area 0.0
Electric On Property Y/N N
Total Baths 4
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Exterior
Parking Features Driveway Gravel NoGarage Private
Water Source Private Well
Lot Size Area 14.33
Foundation Details Basement Slab
Spa N
Building Area Total 5080.0
Lot Size Acres 14.33
Road Surface Type Gravel
Lot Size Units Acres
Road Frontage Type PrivateRoad
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1501
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* Excluded Features
List By
Premier Sotheby's International Realty- Banner Elk

Broker

derek.rowley@premiersir.com

Email

Affordability Calculator

$11,342
Per Month
99%
1%
0%
Monthly Principal & Interest
$11,176
Monthly Property Taxes
$166
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4062214 Elementary School
4062258 Middle School
Avery County High School High School
Pricing History
DatePricePrice ChangeDescription
2/8/2024$1,600,000 -23.81% Price Down
8/10/2023$2,100,000 Listed Price

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1501 Beech Mountain Parkway, Banner Elk, NC, 28604 is a Single Family Home for sale at $1,600,000 with 3,000 sqft and a lot size of 14.33. 1501 Beech Mountain Parkway has 3 bedrooms, 3.1 baths, and was built in 2021. The property's zip code is 28604 which is in Banner Elk, NC