Sold
Last Sold Price
5 beds3,884 sqft
391 Old Shulls Farm Rd, Banner Elk, NC 28604
Single FamilyProperty Type
4.14 acresLot Size
1990Year Built
$287/sq ftPrice per sq ft
$600/yrHOA Fees

Description

Luxury Home on @4.14 Acres of River Front Property in “ Historic Valle Crucis “ with Huge Pond and Footbridge TO ACCESS YOUR VERY OWN @469 feet Approx. of RIVER FRONTAGE on the Watauga River | Level Grassy Pasture Acreage | Horse Pasture | Horses Permitted | Trout Fishing. Located in the desirable Valle Crucis Community within established Shull's Farm among other fine homes on large tracts. SUPER Central Location is Convenient to Dining, Shopping, Hospital, Parks, Fishing, Hiking, Skiing and The...Luxury Home on @4.14 Acres of River Front Property in “ Historic Valle Crucis “ with Huge Pond and Footbridge TO ACCESS YOUR VERY OWN @469 feet Approx. of RIVER FRONTAGE on the Watauga River | Level Grassy Pasture Acreage | Horse Pasture | Horses Permitted | Trout Fishing. Located in the desirable Valle Crucis Community within established Shull's Farm among other fine homes on large tracts. SUPER Central Location is Convenient to Dining, Shopping, Hospital, Parks, Fishing, Hiking, Skiing and The Blue Ridge Parkway. This Estate offers very easy Year-Round Access. Spacious Master Suite Wing ON MAIN LEVEL is @ 33ft. X 21ft. total - Master Bath with Walk-In-Tile-Shower + Garden Whirlpool Tub - Double Vanities – Huge Double Walk-In-Closets. Family Room / Theater Room is on the third level and is @ 30ft X 17ft - Modern Kitchen w-Granite + Island in Great Room area with Fireplace – All Baths + Kitchen are fully updated – There is a Formal Living Room + Formal Dining Room – Instant Hot Water systems – Zoned Central Heating + Cooling – " Multiple Decking areas " + much more. We understand that the back of the home is elevated above the floodplain area. No short-term rentals. Buy now!
  • Listed by: Michael Parkinson • Keller Williams High Country Realty
Listing closed: 12/30/2021 12:00 AM • Source: High Country Association of REALTORS, MLS#: 229594

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Recent comparable sales

Median sold price

$1,000,000

Avg days on market

97

Sale-to-list ratio

85.8%

Banner Elk, NC

9 comparable properties found

$945,000 | 1709 Broadstone Road, Banner Elk, NC 28604
1/47
1

$945,000

Sold 09/25/26

5
Bedrooms
3,978
Square Feet
5.73
Acres
$1,495,000 | 476 Double Knob Road, Banner Elk, NC 28604
1/51
2

$1,495,000

Sold 06/15/26

5
Bedrooms
4,030
Square Feet
3.5
Acres
$1,000,000 | 358 Falling Waters Way, Banner Elk, NC 28604
1/34
3

$1,000,000

Sold 03/31/25

4
Bedrooms
3,200
Square Feet
2.5
Acres
a front view of a house with a yard
1/51
4

$855,000

Sold 03/17/26

3
Bedrooms
3,334
Square Feet
1.3
Acres
$1,412,500 | 668 Pigeon Roost Road, Banner Elk, NC 28604
1/49
5

$1,412,500

Sold 06/13/25

4
Bedrooms
3,567
Square Feet
19.01
Acres
a front view of a house with garden
1/36
6

$1,125,000

Sold 11/19/24

4
Bedrooms
3,488
Square Feet
0.81
Acres
a front view of a house with garden
1/45
7

$1,050,000

Sold 08/26/25

4
Bedrooms
3,383
Square Feet
0.63
Acres
$780,000 | 337 Balsam Lane Southeast, Banner Elk, NC 28604
1/50
8

$780,000

Sold 12/18/25

5
Bedrooms
3,470
Square Feet
1.87
Acres
a view of a house with a yard
1/37
9

$958,000

Sold 10/18/24

4
Bedrooms
2,789
Square Feet
7.26
Acres

Location

Listing Courtesy of Keller Williams High Country Realty

Sold By Peak Real Estate Llc

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$6,217 per month

30 year fixed, 7.03% Interest

Principal and Interest

$5,952

Property Taxes

$215

HOA Dues

$50

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Property Information for 391 Old Shulls Farm Road

Property Details
  • Taxes: $2,576 / year
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Farmhouse, Mountain, Traditional
  • Waterfront Features: Pond, RiverFront, RiverAccess
  • Parking Features: Driveway, NoGarage, Paved, Private
  • View: Yes
  • Subdivision Name: Shulls Farm
  • View: LongRange, Mountains, Pasture, SouthernExposure
  • Zoning Description: Deed Restrictions,Residential,Subdivision
Building Information
  • Stories: 3
  • Year Built: 1990
  • Lot Size: 4.14 AC / 180,338 SF
Summary
Location and General Information
  • Directions: From Boone take Hwy. 105 South to ---> Right on Broadstone Road to ---> Right into Shulls Farm to ---> TAKE A RIGHT at the next Intersection to ---> First Home on Left with Huge Pond.
  • Road Surface Type: Paved
  • Postal Code: 28604
  • Road Frontage Type: PrivateRoad
  • MLS Area Major: 5-Watauga, Shawneehaw
  • MLS Area Minor: Boone
Taxes and HOA Information
  • Parcel Number: 1980-52-2349-000
  • Association Fee: $600.00
  • Association Fee Frequency: Annually
  • Association Name: Shulls Farm
  • Association: Yes
  • Tax Annual Amount: $2,576
  • Tax Book Number: 1688/843
  • Tax Lot: 4-A
School Information
  • Elementary School: Valle Crucis
  • High School: Watauga
Parking
  • Garage: No
Property
Lot Information
  • Above Grade Finished Area: 3884.0
  • Below Grade Finished Area: 0.0
  • Lot Features: Pasture
  • Lot Size Acres: 4.14
  • Lot Size Area: 4.14
  • Lot Size Units: Acres
  • Living Area: 3884.0
Property and Assessments
  • Year Built: 1990
  • Human Modified: No
Utilities
  • Sewer: SepticPermit5orMoreBedroom
  • Utilities: CableAvailable, HighSpeedInternetAvailable
  • Water Source: SharedWell
Interior and Exterior Features
Exterior Features
  • Exterior Features: HorseFacilities, PavedDriveway
  • Spa: Yes
  • Community Features: LongTermRentalAllowed
  • Construction Materials: WoodSiding, WoodFrame
  • Patio And Porch Features: Covered, Multiple, Open, Screened
  • Spa Features: HotTub
  • Roof: Asphalt, Shingle
Interior Features
  • Levels: ThreeOrMore
  • Stories: 3
  • Stories Total: 3
  • Flooring: CeramicTile, Wood
  • Basement: CrawlSpace
  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms Total: 4
  • Bedrooms Total: 5
  • Rooms Total: 3
  • Cooling: Yes
  • Cooling: CentralAir, HeatPump, Zoned
  • Heating: Yes
  • Heating: ForcedAir, Fireplaces, Propane, Zoned
  • Fireplace: Yes
  • Fireplaces Total: 2
  • Fireplace Features: Two, Gas, Masonry, Vented, WoodBurning, Propane
  • Laundry Features: MainLevel
  • Appliances: Dryer, Dishwasher, ExhaustFan, ElectricRange, GasWaterHeater, MicrowaveHoodFan, Microwave, Refrigerator, TanklessWaterHeater, Washer
  • Interior Features: HotTubSpa, WindowTreatments
  • Window Features: DoublePaneWindows, WindowTreatments

Property History for 391 Old Shulls Farm Road

DateEvent & SourcePriceAppreciation
Dec 30, 2021

Closed

High Country Association of REALTORS #229594

$1,115,000—
Dec 22, 2021

Closed (Public Record)

Public Record #1488062623

$1,115,000

+3.2% / yr

Nov 15, 2021

Under Contract-No Show

High Country Association of REALTORS #229594

—
DateEvent & SourcePrice
12/30/2021

Closed

High Country Association of REALTORS #229594

$1,115,000
12/22/2021

Closed (Public Record)

Public Record #1488062623

$1,115,000

+3.2% / yr

11/15/2021

Under Contract-No Show

High Country Association of REALTORS #229594

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 391 Old Shulls Farm Road

Taxable ValueLand$247,800Additions$801,600Total$1,049,400
Tax Record2025$3,977 ($331 / month)
Home Facts
Beds5Baths2.5Total Finished SqFt4,231 SqFtAbove Grade Finished SqFt4,231 SqFtStories3Lot Size180,338 SqFtStyleSingle Family ResidenceYear Built1990CountyWATAUGAAPN1980-52-2349-000Fireplace TypeHas Fireplace

Schools near 391 Old Shulls Farm Road

This home is within Watauga County School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - 9 to 12
Rating
School
Distance
Valle Crucis Elementary
PublicPK to 8

Watauga High
Public9 to 12

Watauga Virtual Academy
PublicK to 8

Watauga Innovation Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 391 Old Shulls Farm Road, Banner Elk, NC 28604
$1,115,000
5
3,884
180,338
–
3
3
2,496
57,499
$1,300,000
5
5,169
217,800
–
2
2
2,093
217,800
–
4
5,176
217,800
$1,400,000
4
6,215
217,800

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams High Country Realty

Based on information from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.