5742 NC Highway 194 S Banner Elk, NC $ 4,900,000
5742 NC Highway 194 S
$ 4,900,000
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5742 NC Highway 194 S

Banner Elk, NC, 28604
$ 4,900,000
Bedrooms6 Baths5.2 Sq 8,672

Monthly Estimate*

$ 30,170

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Single Family Home for sale in Banner Elk, NC

for $4,900,000 with 6 bedrooms and 5 full baths, 2 half baths. This 8,672 square foot home was built in 2006 on a lot size of 15.211.

The Castle at Valle Crucis: This extraordinary compound features the rare assemblage of over 15 acres near the heart of the desirable Valle Crucis community, with a unique and majestic English Manor home with long-range, layered views of the surrounding Blue Ridge Mountains and pastures of Valle Crucis. Designed as a true replica of a Manor in Great Britain by William McLaughren, this one-of-a-kind estate features stone and building materials from around the world, as well as antique features and furnishings such as 17th to 19th century fireplaces, 500+ year-old arched entry doors from an English church, and even a chandelier imported from Princeton University, among others - see features list for more details on this unique offering. Resting at an elevation of over 3,400 feet, the property overlooks Grandfather Mountain and Howard's Knob, but features access off a paved, state-maintained road and is just 15 minutes from Boone, Banner Elk, and ski slopes at Sugar Mountain. With an impressive rental history, this home is offered fully furnished while in an established rental program, providing incredible investment potential, but would also make for a perfect mountain getaway or full-time residence. From the stone patio at the front of the home, step into the formal foyer with 24-foot soaring ceilings, adjacent to the large Great Room with a stone fireplace, antique chandeliers, and access to a covered stone patio- also with a fireplace and offering a hot tub & long-range, layered views. The chef's kitchen, also with a fireplace, offers granite counters, high-end stainless steel appliances, a dining area, and a walk-in pantry, and is adjacent to a sunroom/observatory with vaulted ceilings and a spacious laundry room with access to the oversized, two-car attached garage. The walk-in level also features a library and billiards room able to house 1,800 books (and with a plaster tracery ceiling imported from Great Britain), a formal dining room, a half bath, and a bedroom with an ensuite bathroom (one-level living!). Upstairs, the primary suite offers a private stone balcony, fireplace, walk-in closet, and bathroom with dual vanities, a soaking tub, and a tiled shower. Four additional suites exist on the second level (one also with a private stone balcony, and two being a Jack-n-Jill suite connected by one bathroom). Mahogany doors throughout were imported from England and are over 100 years old, adding antique charm, while modern amenities like an elevator to the first and second levels offer comfort and convenience. Upstairs, on the third level, find a spacious living room with game tables, a theater area, and an exercise area, along with a half bath. Additional amenities: 12-foot ceilings throughout, whole-house generator, interior & exterior sound system, water filtration system, whole-house generator, air scrubber & UV light for HVAC system. The existing driveway is fairly steep and winding; the seller is in the process of starting construction on a new portion of the driveway to eliminate the steepest turns.

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Single Family Active

Price

$ 4,900,000

Bedrooms

6

Full Bath

5

Half Bath

2

Property Type

Single Family

Taxes

$ 6,741

Style

Lot Size

15.211

Year Built

2006

Town/City

Banner Elk

County/Region

Watauga

MLS | Web ID

258407

List By
Berkshire Hathaway Homeservices Vincent Properties

Broker

jay@vincentproperties.com

Email

Affordability Calculator

$30,732
Per Month
98%
2%
0%
Monthly Principal & Interest
$30,170
Monthly Property Taxes
$562
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4700116 Elementary School
4062211 Middle School
Watauga High School High School
Pricing History
DatePricePrice ChangeDescription
11/21/2025$4,900,000 Listed Price

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5742 NC Highway 194 S, Banner Elk, NC, 28604 is a Single Family Home for sale at $4,900,000 with 8,672 sqft and a lot size of 15.211. 5742 NC Highway 194 S has 6 bedrooms, 5.2 baths, and was built in 2006. The property's zip code is 28604 which is in Banner Elk, NC