$1,475,000
4 Beds
4 Baths
2,646 sqft (on 0.58 acres)
253 Farm Loop Road, Banner Elk, NC 28604
Est. Mortgage $8,321/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 2021
0.58 acre lot
$557/sqft
1 Car Garage
HOA $175/mo
Local Information
- Map ViewExplore the area around 253 Farm Loop Road.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
Mountain living feels effortless at 253 Farm Loop Road, where mountain views and an inviting sense of community come together in one of Banner Elk’s most sought-after gated neighborhoods, The Farm at Banner Elk. Built approximately four years ago and situated on a beautifully landscaped .58-acre corner lot, this three-plus-bedroom, three full and two half-bath home was thoughtfully designed for comfortable mountain living. A large covered front porch with two seating areas welcomes you home and provides the perfect place to slow down, enjoy the fresh mountain air, and take in the peaceful surroundings in this contemporary-style farmhouse. Inside, natural light fills the open kitchen, dining, and living areas through an abundance of windows, creating a bright and welcoming space for everyday living and entertaining. Gather around the dining table and look toward Sugar Mountain, where you see the ski lift at the top of the mountain, a wonderful reminder of just how close you are to everything this area has to offer. The flexible floor plan provides plenty of room for family and guests. Two ensuite guest rooms open from their own foyer; a primary suite with sliding doors to the south-facing back deck invites beautiful views with your morning coffee. A quiet office space with custom cabinetry is perfect for remote work. Upstairs, a bonus room offers even more versatility as a game room, media room, bunk space, or second living area. Just beyond is an impressive 524 square feet of unfinished space, offering an opportunity for future expansion and additional finished square footage. A one-car garage opens directly into a spacious utility and laundry room, making arrival home after a day on the trails or slopes especially convenient. Central air conditioning provides year-round comfort, while a newly installed whole-home generator adds peace of mind. Outside, beautiful landscaping surrounds the property and a fenced backyard creates a wonderful space for children, pets and outdoor enjoyment. The home is being offered partially furnished, making the transition to mountain living even easier. Life at The Farm at Banner Elk extends well beyond your front door. This gated community is known for its beautiful mountain setting and inviting amenities, including three ponds, a community pavilion with a stone fireplace and grill, and an expansive green space where family and friends can gather, play, and enjoy the outdoors. Whether spending a quiet morning on the covered front porch, watching the seasons change across the mountains from the back screened-in deck, gathering with neighbors by the pavilion fireplace, or heading into Banner Elk for dinner, 253 Farm Loop Road offers the opportunity to enjoy the High Country lifestyle from this move-in-ready home in a truly special community. NOTE: Waiting on updated professional measurements. The tax office counts the second-floor space, but it is not included in the tax total on the professional measurements.
Last check for updates: about 2 hours ago
Listing courtesy of Amy Pepin, (828) 898-3251
Premier Sotheby's International Realty- Banner Elk
Originating MLS: High Country Association of Realtors Inc.
Source: High Country AOR, MLS#264217
Also Listed on High Country AOR.
Home Details for 253 Farm Loop Road
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Interior Details Basement: Crawl Space |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 5Number of Bathrooms (full): 3Number of Bathrooms (half): 2 |
Dimensions and Layout Living Area: 2646 Square Feet |
Appliances & Utilities Appliances: Built-In Oven, Dryer, Dishwasher, Exhaust Fan, Gas Cooktop, Gas Water Heater, Microwave, Other, Refrigerator, See Remarks, WasherDishwasherDryerLaundry: Main LevelMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Forced Air,PropaneHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Number of Fireplaces: 1Fireplace: OneHas a Fireplace |
Gas & Electric Electric: Generator |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: Two |
View Has a ViewView: Long Range, Mountain(s) |
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Exterior Home Features Roof: Asphalt ShinglePatio / Porch: Covered, Multiple, Open, ScreenedFencing: FullExterior: Gravel Driveway |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 1Parking: Attached,Driveway,Garage,One Car Garage,Gravel,Private |
Frontage Road Frontage: Private RoadRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Septic Permit 4 Bedroom, Sewer Applied for Permit |
Finished Area Finished Area (above surface): 2646 Square Feet |
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Days on Market: <1 day on Trulia |
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Year Built Year Built: 2021 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Mountain |
Building Construction Materials: Fiber Cement, Wood FrameDoes Not Include Home Warranty |
Property Information Parcel Number: 18580768319600000 |
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Price List Price: $1,475,000Price Per Sqft: $557 |
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MLS Status: Active |
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Direction & Address City: Banner ElkCommunity: The Farm At Banner Elk |
School Information Elementary School: Banner ElkHigh School: Avery County |
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Listing Agent Listing ID: 264217 |
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Building Area Building Area: 3172 Square Feet |
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Community Features: Gated, Long Term Rental Allowed, Short Term Rental Allowed |
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Association for this Listing: High Country Association of Realtors Inc.Has an HOAHOA Fee: $2,100/Annually |
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Lot Area: 0.58 acres |
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Listing Terms: Cash, Conventional, New Loan |
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Furnished |
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Mls Number: 264217Living Area Range Units: Square FeetAttribution Contact: (828) 898-3251Above Grade Unfinished Area: 2646Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-37011-N-18580768319600000-R-N |
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GatedLong Term Rental AllowedShort Term Rental AllowedDays On Market Replication: 0 |
Around this home
What Locals Say about Banner Elk
At least 28 Trulia users voted on each feature.
89 % Say car is needed
87 % Say parking is easy
84 % Say there's wildlife
83 % Say there's holiday spirit
76 % Say yards are well-kept
71 % Say people would walk alone at night
71 % Say it's quiet
67 % Say it's dog friendly
67 % Say they plan to stay for at least 5 years
54 % Say kids play outside
52 % Say neighbors are friendly
50 % Say streets are well-lit
40 % Say there are community events
33 % Say it's walkable to restaurants
29 % Say there are sidewalks
25 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
Market trends in Banner Elk
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
176
4MoM
Home Value
Trulia Estimate
$1.4MSince last month
Increased$154K (+12.3%)Since last year
Increased$111K (+8.6%)Since last sale
Increased$1M (+1,650.1%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +598% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $1.4M |
| August 2026 | $1.38M |
| July 2026 | $1.25M |
| June 2026 | $1.26M |
| May 2026 | $1.24M |
| April 2026 | $1.21M |
| March 2026 | $1.2M |
| February 2026 | $1.21M |
| January 2026 | $1.18M |
2025 | |
2024 | |
2023 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.13 | Single-Family Home | $865,000 | 07/23/26 | 3 | 3 | 2,403 | |
0.46 | Single-Family Home | $1,100,000 | 11/24/25 | 4 | 4 | 2,803 | |
0.31 | Single-Family Home | $1,040,000 | 04/17/26 | 3 | 2.5 | 2,522 | |
0.57 | Single-Family Home | $1,675,000 | 08/25/26 | 4 | 3.5 | 3,055 | |
0.22 | Single-Family Home | $2,700,000 | 04/09/26 | 4 | 4.5 | 3,629 | |
0.63 | Single-Family Home | $1,245,700 | 05/15/26 | 3 | 3.5 | 2,586 | |
0.69 | Single-Family Home | $1,257,000 | 11/25/25 | 3 | 3.5 | 3,272 | |
0.84 | Single-Family Home | $380,000 | 03/20/26 | 3 | 2.5 | 2,067 | |
0.68 | Single-Family Home | $750,000 | 01/22/26 | 3 | 2.5 | 2,276 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $1,708,400 | 3 | 3.5 | 2,901 | Off Market | |
0.06 | $90,000 | - | - | - | Recently Sold | |
0.09 | $65,000 | - | - | - | For Sale | |
0.11 | $1,139,100 | 3 | 3.5 | 2,821 | Off Market | |
0.13 | $865,000 | 3 | 3 | 2,403 | Recently Sold | |
0.22 | - | - | - | - | Off Market | |
0.22 | $2,700,000 | 4 | 4.5 | 3,629 | Recently Sold | |
0.23 | $1,127,400 | 4 | 4.5 | 3,596 | Off Market | |
0.23 | $3,450,000 | 4 | 4.5 | 4,260 | For Sale | |
0.22 | $1,849,800 | 4 | 3.5 | 3,731 | Off Market | |
0.25 | - | - | - | - | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 11, 2026 Source: High Country AOR #264217 | Listed For Sale | $1,475,000 |
Dec 21, 2020 Source: N/A | Sold | $80,000 |
Feb 15, 2005 Source: N/A | Sold | $121,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,388 | $846,900 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Amy Pepin, Premier Sotheby's International Realty- Banner Elk
Agent Phone: (828) 898-3251
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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Frequently asked questions about 253 Farm Loop Road
- What is the estimated monthly payment for 253 Farm Loop Road?Based on a $1,475,000 list price with 20% down at today's rates, the estimated monthly payment for 253 Farm Loop Road in Banner Elk, NC is approximately $8,500 (about $7,921 principal & interest, $504 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Banner Elk?Residents describe Banner Elk, NC as easy to park in, well-kept, and quiet. Most residents say you need a car. See homes for sale in Banner Elk, NC.
- What are the closest schools to 253 Farm Loop Road?The closest schools to 253 Farm Loop Road in Banner Elk, NC are Avery County High School (rated 3/10), Avery Middle (rated 2/10), Banner Elk Elementary School (Pre-K, rated 8/10).
- What is 253 Farm Loop Road estimated to be worth?Trulia's estimated value for 253 Farm Loop Road in Banner Elk, NC is $1,400,100.
- Does 253 Farm Loop Road have air conditioning?Yes, 253 Farm Loop Road in Banner Elk, NC has air conditioning.
- Does 253 Farm Loop Road have laundry facilities?Yes, 253 Farm Loop Road in Banner Elk, NC has in-unit laundry.
253 Farm Loop Road, Banner Elk, NC 28604 is a 4 bedroom, 5 bathroom, 2,646 sqft single-family home built in 2021. This property is currently available for sale and was listed by High Country AOR on Sep 11, 2026. The MLS # for this home is MLS# 264217.