Sold
Last Sold Price
4 beds2,789 sqft
575 Old Shulls Farm Rd, Banner Elk, NC 28604
Single FamilyProperty Type
7.26 acresLot Size
1990Year Built
$343/sq ftPrice per sq ft
$1,000/yrHOA Fees
2 carsParking Spaces

Description

WATAUGA RIVERFRONT ESTATE PROPERTY on 7.2 acres of prime VALLE CRUCIS property in the mountains of western North Carolina. This property presents a traditional farmhouse offering 4 bedroom, den, bonus room, 2 covered decks and beautiful views of the rolling countryside. For lovers of horses there is a six stall HORSE BARN on the property that can be used for multi purposes. As you meander down to the 600 ft. riverfront for added enjoyment can be found a screened river pavilion building and plenty...WATAUGA RIVERFRONT ESTATE PROPERTY on 7.2 acres of prime VALLE CRUCIS property in the mountains of western North Carolina. This property presents a traditional farmhouse offering 4 bedroom, den, bonus room, 2 covered decks and beautiful views of the rolling countryside. For lovers of horses there is a six stall HORSE BARN on the property that can be used for multi purposes. As you meander down to the 600 ft. riverfront for added enjoyment can be found a screened river pavilion building and plenty of trout for those that enjoy fly fishing. A flowing river for tubing, canoeing, swimming or relaxing, all the while listening to the rippling sounds of water and enjoying nature. The main house has a versatile floor plan offering several multi purpose rooms, wood floors, covered decks and a fire pit for outdoor enjoyment. The master suite offers a gas fireplace, bathroom with tub, shower and double sinks and very large walk in closet. The property is flat and excellent for horse riding. This is a unique piece of property for the discriminating buyer.
  • Listed by: Cindy Kovalcin • Allen Tate Realtors Boone 828-278-8337
Listing closed: 10/18/2024 12:00 AM • Source: High Country Association of REALTORS, MLS#: 250266

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Recent comparable sales

Median sold price

$855,000

Avg days on market

88

Sale-to-list ratio

94.5%

Banner Elk, NC

9 comparable properties found

$1,083,000 | 142 Smt Pt Trail, Banner Elk, NC 28604
1/51
1

$1,083,000

Sold 08/31/26

4
Bedrooms
2,696
Square Feet
0.3
Acres
$635,000 | 563 Old Hartley Road, Banner Elk, NC 28604
1/51
2

$635,000

Sold 11/08/24

3
Bedrooms
2,658
Square Feet
1
Acres
a backyard of a house with seating space
1/48
3

$725,000

Sold 06/30/25

3
Bedrooms
2,368
Square Feet
1.13
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
$775,000 | 221 White Oak Trail, Banner Elk, NC 28604
1/51
5

$775,000

Sold 09/10/26

3
Bedrooms
1,962
Square Feet
7.04
Acres
$719,000 | 235 Old Reece Road, Banner Elk, NC 28604
1/39
6

$719,000

Sold 06/04/25

3
Bedrooms
1,904
Square Feet
1.52
Acres
$975,000 | 676 Nettles Ridge Road, Banner Elk, NC 28604
1/51
7

$975,000

Sold 05/20/25

3
Bedrooms
3,411
Square Feet
1.22
Acres
a living room with fireplace furniture and a large window
1/49
8

$975,000

Sold 05/20/25

3
Bedrooms
3,411
Square Feet
1.22
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 Allen Tate Realtors Boone

Sold By Boone Realty

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Payment Calculator

$5,441 per month

30 year fixed, 7.03% Interest

Principal and Interest

$5,114

Property Taxes

$244

HOA Dues

$83

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Property Information for 575 Old Shulls Farm Road

Property Details
  • Taxes: $2,922 / year
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Farmhouse, Traditional
  • Waterfront Features: RiverFront, RiverAccess, Stream
  • Parking Features: Asphalt, Attached, Driveway, Garage, TwoCarGarage
  • View: Yes
  • Subdivision Name: Shulls Farm
  • View: Pasture, SouthernExposure
  • Zoning Description: Residential
Building Information
  • Stories: 2
  • Year Built: 1990
  • Lot Size: 7.26 AC / 316,245 SF
Summary
Location and General Information
  • Directions: From Boone take Hwy 105 South to right on Broadstone Rd at light. Continue on Broadstone to right into Shulls Farm subdivision. At the fork continue right to #575 on the left towards end of road.
  • Road Surface Type: Paved
  • Postal Code: 28604
  • Road Frontage Type: PrivateRoad
  • MLS Area Major: 5-Watauga, Shawneehaw
  • MLS Area Minor: Valle Crucis
Taxes and HOA Information
  • Parcel Number: 1980-61-5905-000
  • Association Fee: $1,000.00
  • Association Fee Frequency: Annually
  • Association Name: Shulls Farm POA
  • Association: Yes
  • Tax Annual Amount: $2,922
  • Tax Book Number: 848/871
  • Tax Lot: 10
School Information
  • Elementary School: Valle Crucis
  • High School: Watauga
Parking
  • Attached Garage: Yes
  • Garage: Yes
  • Garage Spaces: 2.0
Property
Lot Information
  • Above Grade Finished Area: 2789.0
  • Below Grade Finished Area: 0.0
  • Lot Size Acres: 7.26
  • Lot Size Area: 7.26
  • Lot Size Units: Acres
  • Living Area: 2789.0
Property and Assessments
  • Other Structures: Barns, Gazebo
  • Year Built: 1990
  • Documents Available: HoaDocuments, Plat, RestrictiveCovenants, SellersPropertyDisclosure, Survey
  • Human Modified: Yes
Utilities
  • Sewer: PrivateSewer, SewerAppliedForPermit
  • Utilities: CableAvailable, HighSpeedInternetAvailable
  • Water Source: SharedWell
Interior and Exterior Features
Exterior Features
  • Exterior Features: FirePit, HorseFacilities, Storage
  • Community Features: Fishing, River
  • Construction Materials: WoodSiding, WoodFrame
  • Patio And Porch Features: Covered, Multiple
  • Roof: Architectural, Shingle
Interior Features
  • Other Equipment: SatelliteDish
  • Levels: Two
  • Stories: 2
  • Stories Total: 2
  • Flooring: CeramicTile, Wood
  • Basement: CrawlSpace
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 4
  • Rooms Total: 2
  • Cooling: Yes
  • Cooling: CentralAir
  • Heating: Yes
  • Heating: Electric, ForcedAir, Fireplaces, Propane
  • Fireplace: Yes
  • Fireplace Features: Gas, Masonry, Vented, Propane, WoodBurning
  • Laundry Features: MainLevel
  • Appliances: BuiltInOven, Dryer, Dishwasher, ElectricWaterHeater, GasCooktop, Disposal, GasRange, Washer
  • Interior Features: Attic, PullDownAtticStairs
  • Window Features: DoublePaneWindows

Property History for 575 Old Shulls Farm Road

DateEvent & SourcePriceAppreciation
Oct 18, 2024

Closed

High Country Association of REALTORS #250266

$958,000—
Oct 14, 2024

Closed (Public Record)

Public Record #1543664664

$958,000—
Aug 24, 2024

Under Contract-Show

High Country Association of REALTORS #250266

—
DateEvent & SourcePrice
10/18/2024

Closed

High Country Association of REALTORS #250266

$958,000
10/14/2024

Closed (Public Record)

Public Record #1543664664

$958,000
08/24/2024

Under Contract-Show

High Country Association of REALTORS #250266

—

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

Public Records for 575 Old Shulls Farm Road

Taxable ValueLand$264,800Additions$545,900Total$810,700
Tax Record2025$3,098 ($258 / month)
Home Facts
Beds4Baths2.5Total Finished SqFt2,753 SqFtAbove Grade Finished SqFt2,753 SqFtStories2Lot Size217,800 SqFtStyleSingle Family ResidenceYear Built1990CountyWATAUGAAPN1980-61-5905-000Fireplace TypeHas Fireplace

Schools near 575 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: 575 Old Shulls Farm Road, Banner Elk, NC 28604
$958,000
4
2,789
316,245
$265,000
–
–
–
217,800
$995,000
3
2,601
254,826
$1,250,000
3
3,056
300,128
$275,000
–
–
–
216,493
–
–
–
–
216,493

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 Allen Tate Realtors Boone

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.