Last Sold Price
4 beds3,557 sqft$245/sqft
465 Farm Loop Rd, Banner Elk, NC 28604

Description

Outstanding Grandfather Mountain views from this spacious four-bedroom, three-and-a-half-bath home in the gated community of The Farm at Banner Elk. Tucked in the trees, this well-crafted home has a level entry that greets you with Poplar bark siding and Rhododendron railings to give that mountain feel. Enter the foyer to an open living room, dining room and kitchen that looks out the wall of windows to a beautiful layered view. Step out onto the covered deck with a slate tile floor and more poplar...Outstanding Grandfather Mountain views from this spacious four-bedroom, three-and-a-half-bath home in the gated community of The Farm at Banner Elk. Tucked in the trees, this well-crafted home has a level entry that greets you with Poplar bark siding and Rhododendron railings to give that mountain feel. Enter the foyer to an open living room, dining room and kitchen that looks out the wall of windows to a beautiful layered view. Step out onto the covered deck with a slate tile floor and more poplar bark that surrounds. The main level includes a half bath, master suite with double doors to access the back deck/views, and laundry room. Stone fireplace, granite countertops, stainless steel appliances and spectacular woodwork detailing on the ceilings, trim and floors are just some of the many unique design features. The second level enters into a spacious loft, a full bathroom, and two large bedrooms with lots of storage/closet space. Lower level has a second kitchen, family room with a gas fireplace and a second master bedroom with a full bath as well as the entry to the heated garage. Multiple decks, covered/open, provide space for entertaining and enjoying the views/cool weather.
LISTING CLOSED: 12/10/2020 12:00 AM

  1. Listed by Amy Pepin • Premier Sotheby's International Realty- Banner Elk

Property Details for 465 Farm Loop Road

Status
MLS #
223170
Days on Market
146
Taxes
$8,753 / year
HOA Fees
$1,949 / year
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
2004
Lot Size
0.64 AC / 27,878 SF
Architectural Style
Mountain
Waterfront Features
Pond
Parking Features
Attached, Driveway, Garage, TwoCarGarage, Gravel, Private
View
Yes
Subdivision Name
The Farm At Banner Elk
View
LongRange, Mountains
Zoning Description
Deed Restrictions,Residential

Recent comparable sales

Median sold price

$849,000

Avg days on market

144

Sale-to-list ratio

90.8%

Banner Elk, NC

9 comparable properties found

a front view of a house with a yard
1/31
1

$675,000

Sold 05/01/25

4
Bedrooms
3,126
Square Feet
0.2
Acres
$1,185,000 | 185 Dunbarton Road, Banner Elk, NC 28604
1/51
2

$1,185,000

Sold 12/15/25

4
Bedrooms
3,154
Square Feet
3.28
Acres
$635,000 | 372 Silver Springs Drive, Unit 20, Banner Elk, NC 28604
1/33
3

$635,000

Sold 01/16/26

4
Bedrooms
2,966
Square Feet
0.25
Acres
a front view of a house with trees and balcony
1/45
4

$1,100,000

Sold 11/24/25

4
Bedrooms
2,803
Square Feet
0.33
Acres
5

$849,000

Sold 01/05/26

4
Bedrooms
4
Bathrooms
3,270
Square Feet
0.52
Acres
$780,000 | 337 Balsam Lane Southeast, Banner Elk, NC 28604
1/50
6

$780,000

Sold 12/18/25

5
Bedrooms
3,470
Square Feet
1.87
Acres
a front view of a house with a garden
1/51
7

$719,900

Sold 06/26/25

4
Bedrooms
2,158
Square Feet
0.27
Acres
a aerial view of a house with a big yard
1/51
8

$1,350,000

Sold 07/25/25

4
Bedrooms
4,197
Square Feet
0.65
Acres
$1,000,000 | 358 Falling Waters Way, Banner Elk, NC 28604
1/34
9

$1,000,000

Sold 03/31/25

4
Bedrooms
3,200
Square Feet
2.5
Acres

Location

Listing Courtesy of Premier Sotheby's International Realty- Banner Elk

Sold By Premier Sotheby's International Realty- Banner Elk

Add your commute

Building Information for 465 Farm Loop Road

Stories3Year Built2004Building Size-Lot Size0.64 AC / 27,878 SF

Payment Calculator

$5,330 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,438

Property Taxes

$729

HOA Dues

$162

The Payment Calculator is for illustrative purposes only.

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Property Information for 465 Farm Loop Road

Summary
Location and General Information
  • Directions: From Tynecastle, follow Highway 194 to Dobbins Road and turn right. Follow Dobbins to the main gate at The Farm at Banner Elk. Proceed through the gate and follow Farm Loop Road up the hill. Once you crest to the top and continue, 465 Farm Loop Road is on your left.
  • Road Surface Type: Paved
  • Postal Code: 28604
  • Road Frontage Type: PrivateRoad
  • MLS Area Major: 8-Banner Elk
Taxes and HOA Information
  • Parcel Number: 18580758867900000
  • Association Fee: $1,949.00
  • Association Fee Frequency: Annually
  • Association Name: THE FARM AT BANNER ELK OWNERS ASSOC INC
  • Association: Yes
  • Tax Annual Amount: $8,753
  • Tax Book Number: 382/2771
  • Tax Lot: 21
School Information
  • Elementary School: Banner Elk
  • High School: Avery County
Parking
  • Attached Garage: Yes
  • Garage: Yes
  • Garage Spaces: 2.0
Virtual Tour
Property
Lot Information
  • Above Grade Finished Area: 2191.0
  • Below Grade Finished Area: 1366.0
  • Lot Size Acres: 0.64
  • Lot Size Area: 0.64
  • Lot Size Units: Acres
  • Living Area: 3557.0
Property and Assessments
  • Year Built: 2004
  • Human Modified: No
Utilities
  • Sewer: SepticPermit4Bedroom
  • Utilities: CableAvailable
  • Water Source: Private, Well
Interior and Exterior Features
Exterior Features
  • Exterior Features: GravelDriveway
  • Community Features: Gated
  • Construction Materials: WoodSiding, WoodFrame
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Architectural, Shingle
Interior Features
  • Levels: ThreeOrMore
  • Stories: 3
  • Stories Total: 3
  • Flooring: Carpet, Wood
  • Basement: Yes
  • Basement: Finished
  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms Total: 4
  • Bedrooms Total: 4
  • Rooms Total: 3
  • Cooling: Yes
  • Cooling: CentralAir
  • Heating: Fireplaces
  • Fireplace: Yes
  • Fireplaces Total: 2
  • Fireplace Features: Two, Stone, Propane
  • Laundry Features: WasherHookup, DryerHookup, MainLevel
  • Appliances: Dryer, Dishwasher, ElectricRange, Microwave, Refrigerator, Washer
Room Information
Room 1
  • Room Level: First
  • Room Type: Other
Room 2
  • Room Level: First
  • Room Type: FamilyRoom
Room 3
  • Room Level: First
  • Room Type: Bedroom
Room 4
  • Room Level: First
  • Room Type: FullBath
Room 5
  • Room Level: Second
  • Room Type: LivingRoom
Room 6
  • Room Level: Second
  • Room Type: Laundry
Room 7
  • Room Level: Second
  • Room Type: Kitchen
Room 8
  • Room Level: Second
  • Room Type: Foyer
Room 9
  • Room Level: Second
  • Room Type: DiningRoom
Room 10
  • Room Level: Second
  • Room Type: MasterBedroom
Room 11
  • Room Level: Second
  • Room Type: HalfBath
Room 12
  • Room Level: Second
  • Room Type: FullBath
Room 13
  • Room Level: Third
  • Room Type: Loft
Room 14
  • Room Level: Third
  • Room Type: BonusRoom
Room 15
  • Room Level: Third
  • Room Type: Bedroom
Room 16
  • Room Level: Third
  • Room Type: FullBath

Property History for 465 Farm Loop Road

DateEvent & SourcePriceAppreciation
Dec 10, 2020

Closed (Public Record)

Public Record #687757590

$873,000
Dec 10, 2020

Closed

High Country Association of REALTORS #223170

$873,110
Oct 25, 2020

Under Contract-No Show

High Country Association of REALTORS #223170

DateEvent & SourcePrice
12/10/2020

Closed (Public Record)

Public Record #687757590

$873,000
12/10/2020

Closed

High Country Association of REALTORS #223170

$873,110
10/25/2020

Under Contract-No Show

High Country Association of REALTORS #223170

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

Public Records for 465 Farm Loop Road

Taxable ValueLand$150,000Additions$757,100Total$907,100
Tax Record2025$7,801 ($650 / month)
Home Facts
Beds4Baths3.5Total Finished SqFt3,556 SqFtAbove Grade Finished SqFt3,556 SqFtStories1Lot Size27,878 SqFtStyleSingle Family ResidenceYear Built2004ZoningR1CountyAVERYAPN18580758867900000Fireplace TypeHas Fireplace

Schools near 465 Farm Loop Road

This home is within Avery County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Banner Elk Elementary School
PublicPK to 5

Avery Middle
Public6 to 8

Avery County High School
Public9 to 12

Avery County High School STEM 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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 465 Farm Loop Road, Banner Elk, NC 28604
$873,110
4
3,557
27,878
$135,000
45,302
$203,000
24,393
$1,685,000
6
7,140
78,408
$155,000
30,056
$950,000
3
3,099
31,798

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 Premier Sotheby's International Realty- Banner Elk

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.