731 River Run Rd

Banner Elk, NC 28604

$1,595,000
Price
5
Beds
3,584 Sq. Ft.
$445 / Sq. Ft.
3,584
Sq. Ft.
$445
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Virtual Tour
Virtual Tour

Description

River run at banner elk - a private blue ridge turn key retreat with famous elk river access – trophy trout fishing,swimming & private trails ! A short drive to two of north carolina's best ski resorts, sugar mountain and beech mountain! Close to watauga lake & elk falls. Nestled between the prestigious elk river country club and famous eagles nest. Very rare oportunity in this sought after community minutes from downtown banner elk. Recently renovated and expanded with 5 bedrooms and 5 full bathrooms...River run at banner elk - a private blue ridge turn key retreat with famous elk river access – trophy trout fishing,swimming & private trails ! A short drive to two of north carolina's best ski resorts, sugar mountain and beech mountain! Close to watauga lake & elk falls. Nestled between the prestigious elk river country club and famous eagles nest. Very rare oportunity in this sought after community minutes from downtown banner elk. Recently renovated and expanded with 5 bedrooms and 5 full bathrooms this is like a new home with high end finishes! Long range mountain views ! Perfectly positioned just minutes from the storybook town of Banner Elk, this exceptional five-suite residence offers over 3,500 square feet of refined living space, breathtaking long-range mountain views, and rare access to the pristine Elk River—one of the High Country’s most treasured natural amenities. From the moment you arrive, the home’s elevated setting and sweeping vistas create an immediate sense of peace and privacy. Inside, the main living level is designed to capture the beauty of its surroundings, featuring soaring tongue-and-groove ceilings and a dramatic wall of windows framing panoramic views. Gather around the wood burning fireplace. Natural light fills the space, creating an atmosphere that is both grand and inviting—ideal for entertaining guests or simply relaxing above the clouds. The chef’s kitchen blends timeless design with modern performance, offering elegant quartz countertops, premium gas range, and high-end appliances. Just beyond, the newly added primary suite provides a true owner’s retreat, complete with private deck access, a serene sitting area, and uninterrupted mountain views. The spa-inspired bath offers a designer trough basin, a glass-enclosed walk-in shower and soaking tub positioned to take in the surrounding landscape—creating a daily experience of quiet luxury. The lower level is designed for hosting and gathering, featuring a spacious family and game room with custom live-edge bar, electric in-wall fireplace, and direct access to outdoor living areas. Three additional guest suites, each with private baths, ensure exceptional comfort and privacy for family and visitors. Outdoor living is central to the River Run lifestyle. Expansive decks, a private firepit gathering area, and rare usable acreage provide space to unwind, explore, and connect with nature. Hiking and biking trails on your own property. Whether enjoying cool summer evenings, vibrant fall colors, or peaceful winter snowfall, this home offers a year-round retreat from the intensity of coastal and urban environments. River Run residents enjoy exclusive access to the Elk River, renowned for trophy fly fishing, swimming holes, and scenic picnic areas—all just moments from the home. The gated setting provides both privacy and security, while remaining convenient to Banner Elk’s fine dining, boutique shopping, wineries, golf, skiing, and country clubs. With its recent permitted expansion in 2025, five private bedroom suites, and turnkey condition, this residence is ideally suited as a luxury mountain retreat, seasonal escape, or legacy property to be enjoyed for generations. This prime location is close to Watauga Lake Grandfather Mountain, Linville Gorge, Boone and Blowing Rock offering numerous cultural activities restaurants and more. This is more than a home - it is a place to slow down, reconnect, and experience the very best of Blue Ridge Mountain living.
  1. Listed by Ronald Kent • EXP Realty LLC • (561) 271-6853

Property Details for 731 River Run Road

Architectural Style
Mountain
Waterfront Features
RiverAccess
Parking Features
Attached, Driveway, Garage, OneCarGarage, Gravel, Private
View
Yes
Subdivision Name
River Run
View
LongRange, Mountains, TreesWoods
LISTING UPDATED: 03/22/2026 11:20 AM

Property Details for 731 River Run Road

StatusActive
MLS #260022
Days on Market25
Taxes$1,726 / year
HOA Fees$850 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2000
Lot Size2.70 AC / 117,612 SF
CountyAvery County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of EXP Realty LLC
Add your commute

Virtual Tour

Building Information for 731 River Run Road

Stories2Year Built2000Building Size-Lot Size2.70 AC / 117,612 SF

Payment Calculator

Get preapproved with Rocket Mortgage1

$7,955 per month

30 year fixed, 6.11% Interest

Principal and Interest

$7,741

Property Taxes

$144

HOA Dues

$71

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 731 River Run Road

Summary
Location and General Information
  • Directions: From Downtown Banner Elk take Hwy 194S towards Highway 19E & Eagles Nest. Go approx. 2.5 miles and turn left on Puckett Road (at Church). Cross the bridge and enter River Run on the right (gated). Follow approx. 1/2 mile to driveway on the left.
  • Road Surface Type: Gravel
  • Postal Code: 28604
  • Road Frontage Type: PrivateRoad
  • MLS Area Major: 8-Banner Elk
  • MLS Area Minor: Banner Elk
Taxes and HOA Information
  • Parcel Number: 1839-00-75-2349-00000
  • Association Fee: $850.00
  • Association Fee Frequency: Annually
  • Association Name: River Run POA
  • Association: Yes
  • Tax Annual Amount: $1,726
  • Tax Book Number: 574/51
  • Tax Legal Description: RIVER RUN LOT 9 PLAT 29-39
School Information
  • Elementary School: Banner Elk
  • High School: Avery County
  • Middle Or Junior School: Avery
Parking
  • Attached Garage: Yes
  • Garage: Yes
  • Garage Spaces: 1.0
Virtual Tour
Property
Lot Information
  • Above Grade Finished Area: 3584.0
  • Below Grade Finished Area: 0.0
  • Lot Size Acres: 2.7
  • Lot Size Area: 2.7
  • Lot Size Units: Acres
  • Living Area: 3584.0
Property and Assessments
  • Year Built: 2000
  • Documents Available: Disclosures, HoaDocuments, SellersPropertyDisclosure
  • Human Modified: Yes
Utilities
  • Sewer: SepticPermit5OrMoreBedroom
  • Utilities: CableAvailable, HighSpeedInternetAvailable
  • Water Source: Private
Interior and Exterior Features
Exterior Features
  • Exterior Features: FirePit, GravelDriveway
  • Community Features: Fishing, Gated, River, LongTermRentalAllowed, ShortTermRentalAllowed
  • Construction Materials: Hardboard, WoodSiding, WoodFrame
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Asphalt, Shingle
Interior Features
  • Levels: Two
  • Stories: 2
  • Stories Total: 2
  • Flooring: CeramicTile, LuxuryVinyl, LuxuryVinylPlank, Wood
  • Basement: Yes
  • Basement: Finished
  • Bathrooms Full: 5
  • Bathrooms Half: 0
  • Bathrooms Total: 5
  • Bedrooms Total: 5
  • Cooling: Yes
  • Cooling: CentralAir, Ductless
  • Heating: Yes
  • Heating: Ductless, ForcedAir, Fireplaces, Propane
  • Furnished: Furnished
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Fireplace Features: One, WoodBurning
  • Laundry Features: MainLevel
  • Appliances: Dryer, Dishwasher, ElectricWaterHeater, GasRange, MicrowaveHoodFan, Microwave, Refrigerator, Washer
  • Interior Features: WetBar, Furnished
  • Window Features: DoublePaneWindows

Property History for 731 River Run Road

DateEvent & SourcePriceAppreciation
Mar 4, 2026

Listed (Active)

High Country Association of REALTORS #260022

$1,595,000—
Aug 14, 2020

Closed

High Country Association of REALTORS #222466

$418,357—
Aug 10, 2020

Closed (Public Record)

Public Record #675992892

$418,500

+8.5% / yr

Jul 6, 2020

Under Contract-No Show

High Country Association of REALTORS #222466

—
Jun 15, 2020

Listed (Active)

High Country Association of REALTORS #222466

$398,000—
Oct 15, 2018

Closed

High Country Association of REALTORS #208153

$359,000—
Sep 24, 2018

Closed (Public Record)

Public Record #632840912

$359,000—
Aug 11, 2018

Under Contract-No Show

High Country Association of REALTORS #208153

—
Jun 7, 2018

Listed (Active)

High Country Association of REALTORS #208153

$379,000—
DateEvent & SourcePrice
03/04/2026

Listed (Active)

High Country Association of REALTORS #260022

$1,595,000
08/14/2020

Closed

High Country Association of REALTORS #222466

$418,357
08/10/2020

Closed (Public Record)

Public Record #675992892

$418,500

+8.5% / yr

07/06/2020

Under Contract-No Show

High Country Association of REALTORS #222466

—
06/15/2020

Listed (Active)

High Country Association of REALTORS #222466

$398,000
10/15/2018

Closed

High Country Association of REALTORS #208153

$359,000
09/24/2018

Closed (Public Record)

Public Record #632840912

$359,000
08/11/2018

Under Contract-No Show

High Country Association of REALTORS #208153

—
06/07/2018

Listed (Active)

High Country Association of REALTORS #208153

$379,000

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

Public Records for 731 River Run Road

Taxable ValueLand$64,300Additions$367,300Total$431,600
Tax Record2025$1,726 ($144 / month)
Home Facts
Beds4Baths4.5Total Finished SqFt3,468 SqFtAbove Grade Finished SqFt3,468 SqFtStories2Lot Size117,612 SqFtStyleMiscellaneous ResidentialYear Built2000Year Renovated2005CountyAVERYAPN18390075234900000Fireplace TypeHas Fireplace

Schools near 731 River Run Road

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

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 731 River Run Road, Banner Elk, NC 28604

731 River Run Road is a single family home for sale in Banner Elk, NC 28604. This property was listed for sale on March 4, 2026 by EXP Realty LLC, it's currently listed at $1,595,000. It has been on the market for a total of 25 days and was last sold on August 14, 2020. This listing's school district is Avery County School District. Nearby schools include Banner Elk Elementary School, Cranberry Middle School and Avery County High School. 731 River Run Road is a 5-bed, 5-bath, 3,584 sqft single family home built in 2000.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. 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 EXP Realty LLC

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.