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Listed price in listed location currency (USD).
$1,595,000

550

MLS® 260022

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 3470 sqft
Garage Yes
Taxes $1,726
Days Active 0
Lot Size 2.7 acres
Approx. Age 2000
Avg. Price Per Sqft $459
MLS® Number 260022

Property Address: 731 River Run Rd, Banner Elk, NC, 28604-7734

Average square foot calculated using Size range provided by listing agent.

Description

RIVER RUN AT BANNER ELK - A PRIVATE BLUE RIDGE RETREAT WITH FAMOUS ELK RIVER ACCESS – TROPHY TROUT FISHING, SWIMMING & PRIVATE TRAILS !! 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, 400 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 is more than a home - it is a place to slow down, reconnect, and experience the very best of Blue Ridge Mountain living.
MLS® Number260022
Laundry LevelMain Level
Central VacNo
FireplaceNo
Acreage2.7
Exterior
GarageYes
Approx. Age2000
BasementFinished
DrivewayAttached, Driveway, Garage, One Car Garage, Gravel, Private
Garage Spaces1
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 4, 2026List Date
$1,595,000List Price
  • Commute

Commute

Starting Address
Destination Address
731 River Run Rd, Banner Elk, NC

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