224 Chestnut Trail Banner Elk, NC $ 6,500,000
224 Chestnut Trail
$ 6,500,000
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224 Chestnut Trail

Banner Elk, NC, 28604
$ 6,500,000
Bedrooms4 Baths5.2 Sq 6,866

Monthly Estimate*

$ 41,042

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Single Family Home for sale in Banner Elk, NC

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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Single Family Active

Price

$ 6,500,000

Bedrooms

4

Full Bath

5

Half Bath

2

Property Type

Single Family

Taxes

$ 7,386

Style

Lot Size

4.28

Year Built

1993

Town/City

Banner Elk

County/Region

Avery

MLS | Web ID

262922

List By
Elk River Realty

Broker

rick@elkriverclub.com

Email

Affordability Calculator

$41,657
Per Month
99%
1%
0%
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.
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Nearby
4062214 Elementary School
4062210 Middle School
Avery County High School High School
Pricing History
DatePricePrice ChangeDescription
7/2/2026$6,500,000 Listed Price

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224 Chestnut Trail, Banner Elk, NC, 28604 is a Single Family Home for sale at $6,500,000 with 6,866 sqft and a lot size of 4.28. 224 Chestnut Trail has 4 bedrooms, 5.2 baths, and was built in 1993. The property's zip code is 28604 which is in Banner Elk, NC