224 Chestnut Trail
Banner Elk, NC, 28604 $ 6,500,000
Bedrooms4 Baths5.2 Sq 6,866 Monthly Estimate*
$ 41,042
for $6,500,000 with 4 bedrooms and 5 full baths, 2 half baths. This 6,866 square foot home was built in 1993 on a lot size of 4.28.
This one-of-a-kind estate home in the exclusive Elk River Club enclave beautifully blends monumental, hand-crafted mountain architecture with refined, contemporary finishes. Prominently positioned on an ultra-private cul-de-sac, the residence features a striking exterior of native field stone and cedar siding framed by a grand cobblestone motor court. Designed for a world-class vehicular collection, the fully climate-controlled, heated, and air-conditioned garage is equipped with custom electric screens that seamlessly drop down when the garage doors are open, creating a pristine, versatile environment. For ultimate peace of mind, the entire estate is supported by a comprehensive, whole-house generator. Inside, the main level boasts warm traditional mahogany walls, Brazilian cherry hardwood floors, and a palatial primary suite complete with a stone fireplace and private study adorned with hand-applied genuine gold leaf. This level of meticulous, bespoke craftsmanship ensures that no detail has been overlooked in creating an environment of unparalleled prestige. For leisure and hosting, the lower level has been transformed into a premier, multi-functional space. Boasting a relaxed family room, a dedicated movie room, and a beautifully appointed full bath, this floor features a kitchenette complete with a microwave, refrigerator, and dishwasher drawer. This self-contained layout functions effortlessly as a private guest suite. Guests are equally accommodated across three additional upper-level suites, ensuring the estate hosts large-scale family gatherings with ease. The interior living spaces connect to the outdoors, where an enchanting morning room offers pristine mountain views through expansive floor-to-ceiling glass. Outside, the property transforms into a secure four-acre botanical wonderland showcasing eight spectacular waterfalls, shimmering ponds, and winding cobblestone trails. This masterfully engineered estate effortlessly harmonizes the grandeur of its natural surroundings with the elite security and seclusion demanded by the modern connoisseur. Ultimately, acquiring this magnificent, generational asset represents far more than a real estate transaction; it offers the rare fulfillment of a true mountain lifestyle dream.
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List Byrick@elkriverclub.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $41,042
- Monthly Property Taxes
- $616
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbySingle family listings in Banner Elk, NC
Average List Price $2,070,099
Percent of Sale Price 68%
About Banner Elk, NC 902 Population
25% Since 2002
$ 51,966 Median Income
33.26 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
4062214 Elementary School
4062210 Middle School
Avery County High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/2/2026 | $6,500,000 | | Listed Price |