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514 Raven Ridge Road, Banner Elk, NC 28604

$1,750,000
3
BD
5
BA
6,574
SqFt

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Sold Price
$1,750,000
List Price
$2,395,000
Days on Market
35
Closing Date
Oct 06, 2025
Status
CLOSED
Type
Single Family Residential
MLS#
256834
County
Avery
City
Banner Elk
Bedrooms
3
Full Bathrooms
4
Half-baths
1
Total Heated Sq/Ft
6,574
Abv/Grade Htd Sq/Ft
4232
Blw/Grade Htd Sq/Ft
2342
Acres
5.30
Subdivision
Elk River
Year Built
1985
Owners Association
Yes
POA Fee
$10,956
POA Fee Paid
Annually
County Parcel Number
1848-00-45-7391-00000
Annual Taxes
$3,463
Deed Book/Page
557/1922
Lot Number
57 & 58
Latitude
36.148319
Longitude
-81.896692

Property 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 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.

Additional Information

Exterior Amenities
Paved Driveway
Interior Amenities
Wet Bar, Furnished, Sauna, Vaulted Ceiling(s)
Appliances
Double Oven, Dishwasher, Exhaust Fan, Electric Range, Electric Water Heater, Microwave, Refrigerator
Basement
Crawl Space
Fireplace
Two, Wood Burning
Garage Y/N
Yes
Garage Spaces
2
Heating
Electric, Forced Air, Fireplace(s)
Road
Paved
Roof
Architectural, Shingle
Elementary School
Banner Elk
High School
Avery County
Sewer/Septic
Septic Permit 3 Bedroom
Style
Traditional
View
Mountain(s), Trees/Woods
Water Source
Community/Coop
Zoning
Residential
Construction Type
Stone, Stucco, Wood Siding, Wood Frame
Cooling
Yes
Cooling Type
Electric, 3+ Units
Laundry
Washer Hookup, Dryer Hookup, Main Level
Levels
Two
Patio / Porch
Covered, Multiple, Open
Road Surface Type
Paved
Road Frontage Type
Private Road
Parking Features
Driveway, Detached, Garage, Two Car Garage, Paved, Private
Utilities
Cable Available, High Speed Internet Available

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

This Listing is courtesy of Richard Foster II with Elk River Realty. 828-898-9777

The information from this search is provided by the High 'Country Multiple Listing Service. Please be aware that not all listings produced from this search will be of this real estate company. All information is deemed reliable, but not guaranteed. Please verify all property information before entering into a purchase.”