Sold
Last Sold Price
3 beds3,056 sqft
535 Old Shulls Farm Rd, Banner Elk, NC 28604
Single FamilyProperty Type
6.89 acresLot Size
2018Year Built
$409/sq ftPrice per sq ft
$600/yrHOA Fees

Description

Located in the heart of Valle Crucis this this beautiful property offers a like new craftsman style home on an 6.89 acre tract with aprox. 450 Ft. on frontage on the Watauga River. all this is in the much sought after Shull's Farm Development. the home features a versatile floor plan with a main level that offers,, with two master suites, gourmet kitchen, big living room with fireplace, utility room mud room, office area, over sized garage plumbed for gas heat. One step up for single level living....Located in the heart of Valle Crucis this this beautiful property offers a like new craftsman style home on an 6.89 acre tract with aprox. 450 Ft. on frontage on the Watauga River. all this is in the much sought after Shull's Farm Development. the home features a versatile floor plan with a main level that offers,, with two master suites, gourmet kitchen, big living room with fireplace, utility room mud room, office area, over sized garage plumbed for gas heat. One step up for single level living. Second level has one bedroom, one full bath, and media room. Large bonus room could be finished for more square footage. All three levels may be accessed by the elevator. You will love entertaining on the large deck over looking the pasture, or fish, swim, canoe, or just relax on your own private stretch of the Watauga River. The lower level may be used for storage but is in the flood zone.
  • Listed by: Tim Hagaman • Hagaman Realty
Listing closed: 09/30/2021 12:00 AM • Source: High Country Association of REALTORS, MLS#: 232551

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Recent comparable sales

Median sold price

$1,191,000

Avg days on market

227

Sale-to-list ratio

94.3%

Banner Elk, NC

9 comparable properties found

a front view of house with outdoor seating and green space
1/51
1

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Sold 07/25/25

3
Bedrooms
3,262
Square Feet
4.8
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a front view of a house with a yard
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Acres
$1,500,000 | 360 Pigeon Roost Road, Banner Elk, NC 28604
1/51
3

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Sold 03/06/25

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3,505
Square Feet
1.03
Acres
a front view of a house with a yard
1/49
4

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Sold 06/16/25

3
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Acres
$975,000 | 676 Nettles Ridge Road, Banner Elk, NC 28604
1/51
5

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3,411
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a living room with fireplace furniture and a large window
1/49
6

$975,000

Sold 05/20/25

3
Bedrooms
3,411
Square Feet
1.22
Acres
a front view of a house with a yard table and chairs
1/38
7

$1,191,000

Sold 12/12/24

3
Bedrooms
2,768
Square Feet
1.11
Acres
a view of a balcony with an outdoor space
1/3
8

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Sold 11/25/25

3
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Square Feet
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a aerial view of a house with a yard and potted plants
1/49
9

$1,400,000

Sold 10/16/25

3
Bedrooms
3,046
Square Feet
1.09
Acres

Location

Listing Courtesy of Hagaman Realty

Sold By Premier Sotheby's International Realty- Banner Elk

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$7,123 per month

30 year fixed, 7.03% Interest

Principal and Interest

$6,673

Property Taxes

$399

HOA Dues

$50

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Property Information for 535 Old Shulls Farm Road

Property Details
  • Taxes: $4,792 / year
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Craftsman
  • Parking Features: Attached, Garage, ThreeormoreSpaces
  • Subdivision Name: Shulls Farm
  • Zoning Description: Deed Restrictions
Building Information
  • Stories: 2
  • Year Built: 2018
  • Lot Size: 6.89 AC / 300,128 SF
Summary
Location and General Information
  • Directions: From Boone 105 to right on Broadstone Rd. to right into Shull's Farm to right at intersection, to fifth house on left
  • Road Surface Type: Paved
  • Postal Code: 28604
  • Road Frontage Type: PrivateRoad
  • MLS Area Major: 5-Watauga, Shawneehaw
Taxes and HOA Information
  • Parcel Number: 1980624204000
  • Association Fee: $600.00
  • Association Fee Frequency: Annually
  • Association Name: Shulls Farm POA
  • Association: Yes
  • Tax Annual Amount: $4,792
  • Tax Book Number: 1935/411
School Information
  • Elementary School: Valle Crucis
  • High School: Watauga
Parking
  • Attached Garage: Yes
  • Garage: Yes
Property
Lot Information
  • Above Grade Finished Area: 3056.0
  • Below Grade Finished Area: 0.0
  • Lot Size Acres: 6.89
  • Lot Size Area: 6.89
  • Lot Size Units: Acres
  • Living Area: 3056.0
Property and Assessments
  • Year Built: 2018
  • Documents Available: Disclosures, Plat, Survey
  • Human Modified: No
Utilities
  • Sewer: PrivateSewer
  • Utilities: CableAvailable
  • Water Source: SharedWell
Interior and Exterior Features
Exterior Features
  • Exterior Features: Fence, HorseFacilities
  • Fencing: Partial
  • Community Features: LongTermRentalAllowed
  • Construction Materials: FiberCement, Stone, WoodFrame
  • Foundation Details: Basement
  • Security Features: RadonMitigationSystem
  • Roof: Architectural, Shingle
Interior Features
  • Levels: Two
  • Stories: 2
  • Stories Total: 2
  • Basement: Yes
  • Basement: Unfinished, WalkOutAccess
  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms Total: 4
  • Bedrooms Total: 3
  • Rooms Total: 2
  • Cooling: Yes
  • Cooling: CentralAir, HeatPump
  • Heating: Fireplaces
  • Fireplace: Yes
  • Fireplace Features: Gas, Stone, Vented, Propane
  • Laundry Features: MainLevel
  • Appliances: Dryer, Dishwasher, Disposal, GasRange, GasWaterHeater, Microwave, Refrigerator, Washer
  • Interior Features: Attic, CathedralCeilings, Elevator, HandicapAccess, HomeTheater, WiredforSound

Property History for 535 Old Shulls Farm Road

DateEvent & SourcePriceAppreciation
Sep 30, 2021

Closed

High Country Association of REALTORS #232551

$1,250,000—
Sep 28, 2021

Closed (Public Record)

Public Record #1481178427

$1,250,000—
Aug 15, 2021

Under Contract-No Show

High Country Association of REALTORS #232551

—
DateEvent & SourcePrice
09/30/2021

Closed

High Country Association of REALTORS #232551

$1,250,000
09/28/2021

Closed (Public Record)

Public Record #1481178427

$1,250,000
08/15/2021

Under Contract-No Show

High Country Association of REALTORS #232551

—

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

Public Records for 535 Old Shulls Farm Road

Taxable ValueLand$302,200Additions$1,171,700Total$1,473,900
Tax Record2025$5,539 ($462 / month)
Home Facts
Beds4Baths4.5Total Finished SqFt4,202 SqFtAbove Grade Finished SqFt4,202 SqFtStories2Lot Size300,128 SqFtStyleSingle Family ResidenceYear Built2019CountyWATAUGAAPN1980-62-4204-000Fireplace TypeHas Fireplace

Schools near 535 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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 535 Old Shulls Farm Road, Banner Elk, NC 28604
$1,250,000
3
3,056
300,128
$995,000
3
2,601
254,826
$958,000
4
2,789
316,245
–
4
5,176
217,800
$195,000
3
1
1,392
31,799
$265,000
–
–
–
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.

Listing Courtesy of Hagaman 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.