45 Dunvegan Road Banner Elk, NC $ 2,450,000
45 Dunvegan Road
$ 2,450,000
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45 Dunvegan Road

Banner Elk, NC, 28604
$ 2,450,000
Bedrooms4 Baths6.1 Sq 7,414

Monthly Estimate*

$ 15,285

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Single Family Home for sale in Banner Elk, NC

for $2,450,000 with 4 bedrooms and 6 full baths, 1 half bath. This 7,414 square foot home was built in 1994 on a lot size of 2.99.

Just below awe-inspiring Dunvegan Peak, this exceptional estate, offering over 7,400 square feet of living space, boasts views of Sugar Mountain and Grandfather Mountain. The home’s gracious layout and upscale finishes are thoughtfully designed to support multi-generational living. Go into the expansive great room where vaulted ceilings, warm wood details and a floor-to-ceiling stone fireplace set the tone for timeless mountain elegance. Enjoy year-round views in the glass-enclosed sunroom, complete with a stunning stone fireplace. The gourmet kitchen is equally impressive, featuring stainless steel appliances, a large island and access to two decks. Included in this side of the south wing is a half bath, laundry room and elevator. The north wing boasts a luxurious primary suite with spa-inspired bath, jetted tub, glass-door shower and dual vanities, along with a walk-in closet. Two additional guest suites each feature onyx stone baths and walk-in closets. One of the suites also includes a light-filled office with views and direct access to a side deck. For large groups or guests, the lower level offers remarkable flexibility with a fourth bedroom suite, three additional bonus rooms used as sleeping quarters, two additional full baths, a second laundry room, full pantry, workshop, fitness room, cozy den, and an expansive family/game room complete with a bar. Additional highlights include some radiant-heated tile flooring on the lower level, bamboo flooring, multiple garages and carports, and storage. Gently graded steps lead to the lower carport, leading to two additional sleeping rooms, a full bath, electric baseboard heat and garage with select appliances. Ideally minutes from dining and grocery options, it is also a short drive to Sugar Mountain Resort & Golf and heart of downtown Banner Elk. Listing brokers are in the process of finding permits for the basement remodel and addition. Seller is working to finalize four outstanding permits with Avery Co. There is a pending lawsuit against POA for STR restrictions.

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Single Family Active

Price

$ 2,450,000

Bedrooms

4

Full Bath

6

Half Bath

1

Property Type

Single Family

Taxes

$ 5,193

Style

Lot Size

2.99

Year Built

1994

Town/City

Banner Elk

County/Region

Avery

MLS | Web ID

254498

Features
Interior
Interior Amenities Elevator HotTubSpa Skylights VaultedCeilings WindowTreatments JettedTub
Basement Full InteriorEntry WalkOutAccess
Total Fireplaces 3
Fireplace Features Three Gas Other SeeRemarks Vented Propane
Total Stories 2
Basement (Y/N) Y
Heating Y/N Y
Window Features CasementWindows DoublePaneWindows Skylights WindowTreatments
Fireplace Y/N Y
Above Grade Finished Area 3343.0
Half Baths 1
Laundry Features WasherHookup DryerHookup InBasement MainLevel
Total Bedrooms 4
Below Grade Finished Area 4071.0
Total Baths 7
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General
Sewer PrivateSewer SepticPermit5OrMoreBedroom SepticTank
Heating Baseboard Electric ForcedAir Fireplaces Propane RadiantFloor Zoned
Cooling None
Utilities HighSpeedInternetAvailable SepticAvailable
Roof Architectural Shingle
Appliances BuiltInOven Dryer Dishwasher ExhaustFan Freezer GasCooktop Disposal GasWaterHeater MicrowaveHoodFan Microwave Other Refrigerator SeeRemarks TanklessWaterHeater Washer
HOA Fee 2400.0
Patio/Porch Features Composite Multiple Open
Architectural Style Mountain
Construction Materials FiberCement WoodFrame
Year Built 1994
Electric Generator Volts220
View Mountains SkiArea
Stories Count 2
Levels Two
Property Subtype SingleFamilyResidence
Waterfront Features Creek
Community Features Gated LongTermRentalAllowed
Assoc Fee Paid Per Annually
County Avery
New Construction N
Property Type Residential
HOA Y
Attached Garage N
Subdivision Name Tynecastle
Garage Y/N Y
Building Features Elevators
Other Structures GuestHouse LivingQuarters Outbuilding
Full Baths 6
Status Active
High School Avery County
City Banner Elk
Senior Community Y/N N
Zoning Description Residential
MLS Area 8-Banner Elk
Lot Size Units Acres
Carport Y/N Y
Spa Features HotTub
Elementary School Banner Elk
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 5193.6
Home Warranty Y/N N
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
Standard Status Active
Tax Lot 22
Virtual Tour https://www.dropbox.com/scl/fi/cf2gk9rhswqs0wy2vkhsi/45-Dunvegan.mp4?rlkey=d63ozvyc9ycn0x96t0ftbmt0t&st=puxt93qq&dl=0
Property Sub Type Additional SingleFamilyResidence
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Exterior
Exterior Amenities Elevator FirePit HotTubSpa OutBuildings PavedDriveway
Parking Features Asphalt Basement Carport Driveway Detached Garage Other Paved Private SeeRemarks
Water Source Private Well
Lot Size Area 2.99
Spa Y
Building Area Total 7414.0
Lot Size Acres 2.99
Road Surface Type Paved
Waterfront Y/N N
Road Frontage Type PrivateRoad
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 45
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* Excluded Features
List By
Premier Sotheby's Int'l Realty

Broker

(828) 337-0221

Contact

Affordability Calculator

$15,718
Per Month
97%
3%
0%
Monthly Principal & Interest
$15,285
Monthly Property Taxes
$433
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
4062210 Middle School
Avery County High School High School
Pricing History
DatePricePrice ChangeDescription
8/13/2025$2,450,000 Listed Price

Map


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45 Dunvegan Road, Banner Elk, NC, 28604 is a Single Family Home for sale at $2,450,000 with 7,414 sqft and a lot size of 2.99. 45 Dunvegan Road has 4 bedrooms, 6.1 baths, and was built in 1994. The property's zip code is 28604 which is in Banner Elk, NC