774 Aldridge Road
Banner Elk, NC, 28604 $ 3,850,000
Bedrooms7 Baths5.1 Sq 6,628 Monthly Estimate*
$ 24,019
for $3,850,000 with 7 bedrooms and 5 full baths, 1 half bath. This 6,628 square foot home was built in 1976 on a lot size of 17.649.
Amazingly versatile ridge top estate property with almost 18 acres, long range mountain views, recent 7 BR septic operating permit for impressive 6600+ sq.ft. residence, courtyard overlooking pond with cascading landscape waterfall. Private setting offers exclusivity, peace and quiet. Not in a subdivision - no restrictive covenants - no POA. Lower section of acreage can be easily subdivided into several gentle building sites with state maintained road frontage - build more rental cabins or create a larger family compound. Incredible gross rental income projected just under $400K this year. Continue with rentals to offset some expenses or preserve all the time for comfort and enjoyment for you and your extended family and friends. Home is popular rental for wedding guests, family or college reunions, multi-generational vacations, corporate retreats, football weekends. Abundant natural light flows throughout from the many large windows creating uplifting interior. 7 bedrooms, 5.5 baths. Elegant primary BR suite on main floor has fireplace, sitting areas, long range mountain views, luxurious bath. Two spacious living rooms. Huge, upscale kitchen and dining areas seat 16. Fantastic game room for kids of all ages with home theater, video gaming room nook, poker/game table, foosball, air hockey, pinball and MORE! Outdoor spa hot tub retreat on secluded covered porch adjoins cozy outdoor seating. Retreat to your mountaintop acres convenient to Boone, Banner Elk, Parkway, Blowing Rock. Ski, snowboard, hike, bike, golf, fish - all close by. No drive-bys. Shown by appointment only. Do not disturb vacation renters. Property is popular vacation rental with heavy bookings - can only be shown when property is not rented.
See more
List ByLyons Construction And Realty, Inc.Broker
robbie.sharrett@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $24,019
- Monthly Property Taxes
- $659
- 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.
Learn more about how to save NearbySingle family listings in Banner Elk, NC
Average List Price $1,670,447
Percent of Sale Price 57%
About Banner Elk, NC 7,015 Population
27% Since 2002
$ 52,980 Median Income
41.63 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
4700116 Elementary School
0 Middle School
Watauga High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/28/2025 | $3,850,000 | | Listed Price |