Last Sold Price
3 beds6,574 sqft$266/sqft
514 Raven Ridge Rd, Banner Elk, NC 28604

Description

Your Pristine Mountain Retreat Awaits. Discover unparalleled luxury and tranquility in this newly renovated, move-in ready home, nestled on 5.3 acres of breathtaking natural beauty. With 3 plus bedrooms and 4.5 baths, this magnificent property offers an exquisite blend of modern comfort and serene privacy, all just waiting for you to unpack and enjoy. Step inside to find a home thoughtfully updated with a new composite roof and elegant tile flooring throughout. Vaulted ceilings create an airy, expansive...Your Pristine Mountain Retreat Awaits. Discover unparalleled luxury and tranquility in this newly renovated, move-in ready home, nestled on 5.3 acres of breathtaking natural beauty. With 3 plus bedrooms and 4.5 baths, this magnificent property offers an exquisite blend of modern comfort and serene privacy, all just waiting for you to unpack and enjoy. Step inside to find a home thoughtfully updated with a new composite roof and elegant tile flooring throughout. Vaulted ceilings create an airy, expansive feel, leading you into a comfortable living room where a wood-burning fireplace promises cozy evenings. The state-of-the-art kitchen is a chef's dream, boasting new cabinets, countertops, and stainless steel appliances, making meal preparation a delight. Adjacent, the spacious dining room provides a picturesque setting for gatherings, offering expansive mountain views that will inspire every meal. The exquisite primary suite is a true sanctuary, featuring a generous layout and a quiet sitting area perfect for unwinding. The luxurious ensuite bath offers a separate shower and a blissful soaking tub, while a private pergola balcony provides the ideal spot for your morning coffee, serenaded by the sounds of nature. Completing the main level is a beautifully decorated guest suite, ensuring comfort and privacy for visitors. The lower level is an entertainer's paradise. A bright sunroom with a wet bar is perfect for hosting, while a Redwood steam sauna and shower offer a spa-like experience at home. A welcoming family room with a fireplace provides another inviting space to relax. The lower level is an entertainer's paradise with a sunroom, wet bar, and a Redwood steam sauna. It includes one additional guest bedroom with an ensuite bath, plus a bonus room with its own full bath, ensuring every guest feels pampered. Outside, an expansive deck offers abundant space for outdoor entertaining, all while soaking in the stunning mountain views and feeling completely immersed in nature. Explore the meticulously manicured gardens and walking paths that wind through the grounds, inviting you to discover every hidden gem. This magnificent property is being offered fully furnished, making your transition seamless and allowing you to immediately start enjoying the mountain lifestyle you've always dreamed of.
LISTING CLOSED: 10/06/2025 12:00 AM

  1. Listed by Richard Foster II • Elk River Realty • 828-898-9777
  2. Listed by Kylie Clark • Elk River Realty

Property Details for 514 Raven Ridge Road

Status
MLS #
256834
Days on Market
35
Taxes
$3,463 / year
HOA Fees
$10,956 / year
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1985
Lot Size
5.30 AC / 230,868 SF
Architectural Style
Traditional
Parking Features
Driveway, Detached, Garage, TwoCarGarage, Paved, Private
View
Yes
Subdivision Name
Elk River
View
Mountains, TreesWoods
Zoning Description
Residential

Location

Listing Courtesy of Elk River Realty

Sold By Berkshire Hathaway HomeServices Vincent Properties

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Building Information for 514 Raven Ridge Road

Stories2Year Built1985Building Size-Lot Size5.30 AC / 230,868 SF

Payment Calculator

$10,097 per month

30 year fixed, 6.55% Interest

Principal and Interest

$8,895

Property Taxes

$289

HOA Dues

$913

The Payment Calculator is for illustrative purposes only.

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Property Information for 514 Raven Ridge Road

Summary
Location and General Information
  • Directions: From Hwy 184/Tynecastle Hwy in Banner Elk, turn left at traffic light onto Hwy 194. Elk River is 1 mile on left. 24 hour security gate.
  • Road Surface Type: Paved
  • Postal Code: 28604
  • Road Frontage Type: PrivateRoad
  • MLS Area Major: 8-Banner Elk
Taxes and HOA Information
  • Parcel Number: 1848-00-45-7391-00000
  • Additional Parcels Description: 184800456117 184801459176
  • Association Fee: $10,956.00
  • Association Fee Frequency: Annually
  • Association Name: Elk River POA
  • Association: Yes
  • Tax Annual Amount: $3,463
  • Tax Book Number: 557/1922
  • Tax Legal Description: ERDC CHARTER RIDGE 057 0018 0126
  • Tax Lot: 57 & 58
School Information
  • Elementary School: Banner Elk
  • High School: Avery County
Parking
  • Attached Garage: No
  • Garage: Yes
  • Garage Spaces: 2.0
Virtual Tour
Property
Lot Information
  • Above Grade Finished Area: 4232.0
  • Below Grade Finished Area: 2342.0
  • Lot Size Acres: 5.3
  • Lot Size Area: 5.3
  • Lot Size Units: Acres
  • Living Area: 6574.0
Property and Assessments
  • Year Built: 1985
  • Documents Available: Disclosures, HoaDocuments, RestrictiveCovenants, SellersPropertyDisclosure
  • Human Modified: Yes
Utilities
  • Sewer: SepticPermit3Bedroom
  • Utilities: CableAvailable, HighSpeedInternetAvailable
  • Water Source: CommunityCoop
Interior and Exterior Features
Exterior Features
  • Exterior Features: PavedDriveway
  • Pool Features: Community
  • Community Features: Clubhouse, DogPark, EquestrianCommunity, FitnessCenter, Golf, Gated, Pickleball, Pool, River, AirportRunway, TennisCourts
  • Construction Materials: Stone, Stucco, WoodSiding, WoodFrame
  • Patio And Porch Features: Covered, Multiple, Open
  • Security Features: SecuritySystem, ClosedCircuitCameras, TwentyFourHourSecurity
  • Roof: Architectural, Shingle
Interior Features
  • Levels: Two
  • Stories: 2
  • Stories Total: 2
  • Flooring: CeramicTile, Other, Wood
  • Basement: CrawlSpace
  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total: 5
  • Bedrooms Total: 3
  • Rooms Total: 2
  • Cooling: Yes
  • Cooling: Electric, ThreeOrMoreUnits
  • Heating: Yes
  • Heating: Electric, ForcedAir, Fireplaces
  • Furnished: Furnished
  • Fireplace: Yes
  • Fireplaces Total: 2
  • Fireplace Features: Two, WoodBurning
  • Laundry Features: WasherHookup, DryerHookup, MainLevel
  • Appliances: DoubleOven, Dishwasher, ExhaustFan, ElectricRange, ElectricWaterHeater, Microwave, Refrigerator
  • Interior Features: WetBar, Furnished, Sauna, VaultedCeilings

Property History for 514 Raven Ridge Road

DateEvent & SourcePriceAppreciation
Oct 6, 2025

Closed

High Country Association of REALTORS #256834

$1,750,000
Aug 15, 2025

Under Contract-Show

High Country Association of REALTORS #256834

Aug 14, 2025

Under Contract-No Show

High Country Association of REALTORS #256834

DateEvent & SourcePrice
10/06/2025

Closed

High Country Association of REALTORS #256834

$1,750,000
08/15/2025

Under Contract-Show

High Country Association of REALTORS #256834

08/14/2025

Under Contract-No Show

High Country Association of REALTORS #256834

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

Public Records for 514 Raven Ridge Road

Taxable ValueLand$60,000Additions-Total$60,000
Tax Record2023$240 ($20 / month)
Home Facts
Beds0Lot Size98,928 SqFtStyleSingle Family ResidenceZoningNULLCountyAVERYAPN1848-00-44-0209-00000

Schools near 514 Raven Ridge 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

Cranberry Middle School
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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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 Elk River 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.