Homes for Sale in Banner Elk, Avery County, NC Over $2,000,000

Welcome to your dedicated resource for Homes for Sale Over $2,000,000 in Banner Elk, Avery County, NC. This page is your live portal for listings that match the exact homes for sale you demand, filtering out irrelevant properties to save you time. As a local Banner Elk, Avery County, NC agent, Gatewood Group Real Estate specializes in the unique market dynamics of this area, offering insights into amenities, home values, and investment potential. Start exploring the properties currently available over $2,000,000 below, or contact a local agent to discuss the details that matters most to your search.

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All Banner Elk, Avery County, NC Homes for Sale Over $2,000,000

$2,395,000

4 Beds ⋅ 5 Baths ⋅ 2,524 SqFt. ⋅ 0.71 Acres ⋅ ACTIVE Status

Experience elevated mountain living at 40 Vineyard Trail, an exceptional luxury retreat in the sought-after Vineyard Village section of The Lodges at Eagles Nest. Offered fully furnished with limited exclusions and accompanied by a brand-new Jeep Roxor featuring the Eagles Nest logo, this extraordinary property presents a rare opportunity to enjoy the High Country lifestyle from the moment you arrive. Built in 2021, this beautifully designed four-bedroom, four-and-a-half-bath residence offers 2,524 heated square feet of thoughtfully planned, single-level living, surrounded by breathtaking long-range, layered mountain views. From the moment you enter, soaring vaulted wood ceilings, rich natural textures, and striking stone fireplaces create an atmosphere of refined mountain elegance. The open-concept living and dining areas flow seamlessly into a beautifully appointed kitchen featuring a gas cooktop, generous cabinetry, and inviting spaces designed for gathering and entertaining. Each of the four bedrooms offers comfort and privacy, while additional living and recreational spaces provide the perfect setting for hosting family and friends. A dedicated wine cellar adds another distinctive touch, creating an ideal space for collectors and entertaining enthusiasts. Outdoors, expansive covered and uncovered living areas invite you to take in the spectacular mountain scenery, whether enjoying your morning coffee, relaxing in the hot tub, gathering around the fire pit, or watching the sun set over the surrounding peaks. Thoughtful additions include a whole-home generator with a five-year warranty and a lightning protection system, providing added peace of mind in every season. Situated on 0.71 acres and within walking distance of the winery, the property also offers access to the exceptional amenities of The Lodges at Eagles Nest, including hiking and ATV trails, sports courts, fitness facilities, and more. Combining timeless mountain architecture, beautiful finishes, remarkable outdoor living, and an impressive collection of included amenities, 40 Vineyard Trail is an exceptional opportunity to own a turnkey mountain retreat in one of Banner Elk's most desirable communities.

40 Vineyard Trail, Banner Elk

$3,599,000

3 Beds ⋅ 5 Baths ⋅ 3,473 SqFt. ⋅ 17.23 Acres ⋅ ACTIVE Status

Tucked away on 17+ acres in The Farms at The Lodges at Eagles Nest, 416 Springwinds Drive delivers the privacy of a true mountain estate, complete with beautiful waterfalls right on the property and spectacular long-range views. Custom built by Wheels Contracting, this exceptional mountain home makes an impression from the moment you enter. The chef-inspired kitchen features top-of-the-line stainless appliances, while dramatic floor-to-ceiling windows showcase sweeping Blue Ridge Mountain views and fill the great room with natural light. A striking stone fireplace creates a warm centerpiece, and the home is offered fully furnished with Restoration Hardware pieces, making it ready to enjoy from the day you close. The home offers 3 bedrooms, including a bunk room, 3 full baths and 2 half baths, along with a spacious recreation room just right for game nights and entertaining and an attached 2-car garage equipped with a convenient electric vehicle (EV) charger, and practical modern updates including epoxy flooring just installed. One of the home's signature spaces is the 360-square-foot loggia, featuring its own fireplace, hot tub, and incredible mountain views—an ideal setting for year-round outdoor living. Front-yard access provides a convenient connection toward Beech Mountain Club and the slopes, putting four-season recreation just minutes away. With its acreage, privacy, luxury furnishings, outdoor living spaces, and resort location, the property also offers excellent short-term rental potential. Ownership at The Lodges at Eagles Nest provides access to an extraordinary collection of High Country amenities. The home is conveniently located near the North Pavilion and Eagles Nest Winery. The North Pavilion features Sportsman's Grille, a dog park, and a large community fire pit, while the winery offers Napa Valley selections in a beautiful mountain setting. Elsewhere in the community, owners can enjoy Epic Chophouse, serving prime steaks, seafood, and craft cocktails with panoramic Blue Ridge views from approximately 4,300 feet. Great Camp features 18-hole mini golf, a ropes course, archery, an amphitheater for summer concerts, BBQ pavilion, and an owners-only cigar bar. Camp Eagles Nest offers tennis and pickleball courts, basketball, 18-hole disc golf, and a playground. Additional amenities include a state-of-the-art fitness center and yoga studio, miles of hiking and UTV/ATV trails across thousands of acres, plus an optional River Club offering member only access to Elk River frontage and trout fishing. All of this is just minutes from downtown Banner Elk, Beech Mountain, Sugar Mountain, with Boone and Blowing Rock within easy reach. Enjoy 17+ Acres. Your Own Waterfalls. Long-Range Views. Fully Furnished. One Extraordinary Eagles Nest Mountain Retreat.

416 Spring Winds Drive, Banner Elk

$2,495,000

5 Beds ⋅ 7 Baths ⋅ 7,351 SqFt. ⋅ 2.99 Acres ⋅ ACTIVE Status

This is a True Tynecastle Estate. 2.99 acres and over 7300 square feet of luxury. Words cannot do this home justice. Perched at one of the highest residential lots in Tynecastle, this home is surrounded by what can only be described as pristine landscaped grounds and awesome views. The owners of this home spared no expense when it came to transforming and expanding the original home. Take the 3D tour and see what is in store for the fortunate family who makes this their own. The 3D tour will speak for itself, showing everything this home has to offer. This home will become a true legacy in the mountains to be shared and enjoyed by generations to come. A true masterpiece of the High Country. Schedule a showing today. You and your client will not be disappointed.

45 Dunvegan Road, Banner Elk

$2,250,000

8 Beds ⋅ 10 Baths ⋅ 7,010 SqFt. ⋅ 4.33 Acres ⋅ ACTIVE Status

Introducing Cedar Rock at The Lodges at Eagles Nest — one of the most unique ownership opportunities ever offered within the community. Designed as two fully independent mountain residences under one roof, Cedar Rock delivers a level of flexibility rarely found in the High Country. Only one other home of this design has ever been built within Eagles Nest, making this an exceptionally rare offering for buyers seeking a combination of personal enjoyment, multigenerational living, and proven rental performance. Unlike traditional large mountain homes, Cedar Rock was intentionally designed to provide privacy between family groups while still allowing everyone to gather together when desired. This unique configuration is ideally suited for multigenerational ownership, multiple-family vacations, and rental guests seeking both privacy and shared mountain experiences. Positioned on a secluded 4.33-acre homesite in the Cabin section at approximately 3,500 feet in elevation, the property enjoys long-range mountain views overlooking the Elk Valley, including the recognizable profile of Grandfather Mountain, while remaining just minutes from the front gate and downtown Banner Elk. Offered fully furnished and turnkey, Cedar Rock encompasses approximately 7,010 heated square feet and comfortably accommodates more than sixteen guests. Each side of the residence features its own Great Room with floor-to-ceiling wood-burning stone fireplace, open-concept kitchen and dining area, lower-level den and game room, expansive decking, hot tub, single-car garage, and generous storage. The professionally designed interiors blend authentic timber-frame architecture with refined mountain finishes throughout. The home offers six true en-suite bedrooms, including a main-level primary suite on each side, along with two large bunk rooms on the walk-out lower levels. Two spacious loft areas overlooking the Great Rooms provide additional flexibility for office space, lounge areas, or overflow sleeping accommodations. Outdoor living was thoughtfully prioritized throughout the design, with expansive gathering spaces positioned to capture the surrounding mountain views and natural setting. The property's 4.33-acre homesite provides a level of privacy and separation rarely found among homes with comparable rental capacity. The Lodges at Eagles Nest encompasses more than 3,000 acres of high-elevation terrain with elevations exceeding 5,200 feet and features waterfalls, streams, boulder fields, an expansive nature preserve, access to the Elk River, and miles of hiking, biking, and ATV trails. Other amenities include Epic Chophouse restaurant, the River Club, the Great Camp, the North Pavilion, Camp Eagles Nest, and the community's own on-site Dollar General. Properties within Eagles Nest also feature easy access to Eagles Nest Winery. With its combination of rarity, flexibility, established rental performance, acreage, privacy, long-range mountain views, and turnkey furnished presentation, Cedar Rock represents a truly unique ownership opportunity within the Blue Ridge Mountains' most sought-after luxury mountain community, The Lodges at Eagles Nest.

161 Hump View Trail, Banner Elk

$2,795,000

5 Beds ⋅ 6 Baths ⋅ 4,872 SqFt. ⋅ 1.2 Acres ⋅ ACTIVE Status

NEW CONSTRUCTION with sweeping panoramic SOUTHERN-EXPOSURE MOUNTAIN VIEWS in gated Fox Run Estates! Thoughtfully designed to capture the incredible long-range views, this luxury mountain home will offer approximately 4,872 heated square feet, 5 bedrooms, 5.5 baths, an elevator, multiple living and entertaining spaces, and three levels of expansive, 12-foot-deep porches spanning the rear of the home—each positioned to take full advantage of the mountain panorama. Set on approximately 1.2 acres at the end of the road, the property offers exceptional privacy while remaining just minutes from Beech Mountain Resort, Beech Mountain Club, and downtown Banner Elk. The upper level is designed around a spacious open-concept great room and kitchen overlooking the mountains, complete with a wet bar, wine bar, pantry, and direct access to the view-facing porch and deck. Two additional living levels provide five bedrooms, multiple gathering spaces, and an additional bar—creating abundant space for entertaining and overnight guests. Construction is currently underway, with framing and mechanical, electrical, and plumbing rough-ins completed. Drywall, insulation, interior finishes, and remaining exterior work are forthcoming, and a Certificate of Occupancy has not yet been obtained. The home is being completed with a custom luxury mountain aesthetic featuring high-end materials, appliances, and fixtures throughout. Depending on the stage of construction at the time of contract, the buyer may have the opportunity to participate in select finish choices, subject to builder approval and construction schedule. Fox Run Estates is a gated mountain community with paved roads and underground utilities, offering an exceptional combination of privacy, convenience, and breathtaking High Country scenery. A rare opportunity to purchase a brand-new luxury mountain residence while construction progresses toward completion.

510 Fox Run Rd, Banner Elk

$2,600,000

4 Beds ⋅ 5 Baths ⋅ 4,521 SqFt. ⋅ 1.45 Acres ⋅ ACTIVE Status

Designed for entertaining and mountain living, this beautifully updated 4-bedroom, 4.5-bath custom home offers exceptional indoor and outdoor spaces with plenty of room to gather, relax, and enjoy every season. A lovely waterfall welcomes you upon arrival, setting the tone for this truly unique mountain retreat. With extensive recent updates, this home is ready to enjoy from the moment you arrive. The main level features two separate living and seating areas, along with a cozy reading room offering a beautiful place to unwind and take in the surrounding mountain views. Enjoy mountain views from most rooms throughout the home. Recent updates throughout the main level include fresh interior paint, new lighting, beautifully updated bathrooms, and a refreshed kitchen featuring new countertops and brand-new appliances. The spacious primary suite now features a new walk-in shower in addition to the existing steam shower. A brand-new washer and dryer have also been added on the main level. Step outside to the new Trex upper deck with ambient lighting, creating the perfect setting for outdoor entertaining or relaxing in the mountain air. Additional outdoor amenities include a heated dining area, outdoor kitchen with entertainment bar, built-in pizza oven, hot tub, refrigerator, and ice maker. Downstairs, a third living and gathering area with a fireplace provides even more room to spread out and offers flexible space for a game room, exercise area, additional entertaining space, or guests. Throughout the home, five fireplaces add warmth and character. Additional features include a whole-house generator, central vacuum system, two-car garage, multiple refrigerators and freezers, wine cabinets, fenced yard, and an abundance of storage and entertaining space. Home is being offered furnished, with a few select exclusions. Art work will not convey.

131 Meadowlark Lane, Banner Elk

$3,200,000

3 Beds ⋅ 5 Baths ⋅ 4,592 SqFt. ⋅ 2.06 Acres ⋅ ACTIVE Status

Nestled along the top ridge of the Elk River community, this luxurious mountain residence captures in demand sweeping western views and unforgettable sunsets, a picturesque glimpse of the community’s equestrian center below. The amazing home can be set up as four- or five-bedrooms with four and a half bathrooms. Designed to embrace its surroundings, the home features a spacious covered deck with an impressive outdoor covered stone fireplace. It is the perfect place to begin the day with coffee in the cool mountain air, gather with friends beside the fire or watch the sky transform with vibrant pink and purple hues as the sun sets across the layered peaks. The elevated setting offers privacy in one of Banner Elk’s most distinguished communities. Inside, newly refinished wood floors add warmth and timeless mountain character. Recent improvements include fresh interior and exterior paint and a refinished deck, giving the residence a polished, well-maintained appearance. Primary bedroom, with his and hers closets, make for single floor living. The flexible floor plan allows the property to function comfortably with extra bedrooms or workshops. A spacious bedroom above the garage, complete with a full bath, provides an ideal retreat for guests, extended family or older children and could also serve as an office or artist's workshop. FloLogic leak detection and automatic water shut off system in place. One-touch effortless mechanized window shades for seamless hand-free opening and closing. The home is heated by two efficient propane furnaces with an automatically serviced by an underground 1,000 gallon propane tank. A desirable grassy yard offers usable outdoor space where children can play and dogs can roam and enjoy the mountain air. Elk River Club complements the home’s setting with an impressive collection of amenities. Members enjoy the renowned Jack Nicklaus-designed championship golf course and short-game practice facilities, six Har-Tru tennis courts, a fitness center and an elegant clubhouse with three dining venues. The club’s abundant social calendar also includes painting workshops, a member art show and groups for bridge, gin rummy and Mahjong, offering many opportunities to connect with neighbors and friends. With its premier ridge-top location, western exposure, flexible accommodations and inviting indoor-outdoor living, this remarkable residence presents a rare opportunity to experience luxury and the natural beauty of the North Carolina High Country.

133 Summit Ledges Lane, Banner Elk

$3,400,000

4 Beds ⋅ 5 Baths ⋅ 4,153 SqFt. ⋅ 1.67 Acres ⋅ ACTIVE UNDER CONTRACT Status

The most beautiful, architecturally curated modern home in one of the most desired sections of Eagles' Nest. Coffey Architecture providing the most gorgeous sunsets imaginable. Every inch of this home is well thought out providing an upscale, luxourous mountain home.

76 Sundance Court, Banner Elk

$4,464,900

5 Beds ⋅ 6 Baths ⋅ 5,736 SqFt. ⋅ 1.4 Acres ⋅ ACTIVE UNDER CONTRACT Status

Welcome to 146 Springwater Lane, an exceptional custom Tom Eggers-designed home in the highly sought-after community of The Lodges at Eagles Nest. Thoughtfully crafted to capture breathtaking sunset views, this impressive mountain retreat offers 5 bedrooms, 5 full baths, and 1 half bath, with gorgeous finishes, generous living spaces, and an effortless connection to the surrounding landscape. Ideally positioned on the front side of the mountain, the home offers both privacy and convenience, with quick and easy access to downtown Banner Elk, dining, shopping, and area attractions. From the moment you enter the stunning foyer, the quality of craftsmanship is immediately apparent. The open-concept main level is anchored by an inviting living room featuring soaring floor-to-ceiling windows that showcase the spectacular long-range sunset views. The kitchen, breakfast dining area, formal dining room, and living room seamlessly blend together, creating an expansive gathering space designed for entertaining and enjoying the mountain setting. A beautifully appointed kitchen is complemented by a convenient butler's pantry, while a separate mudroom entrance provides added functionality for everyday mountain living. The main level offers a spacious primary suite designed as a peaceful retreat, while the home's thoughtful layout provides plenty of room for family and guests. Downstairs, the expansive family room is centered around a dramatic fireplace and features a custom bar, creating the perfect space for game nights, entertaining, or relaxing after a day on the mountain. Three additional bedrooms with ensuites provide exceptional accommodations for guests. A custom bunk room with built-in features adds a fun and functional space for children or overflow guests. With three indoor fireplaces and an outdoor fireplace, the home offers inviting gathering spaces throughout every season. The spacious two-car garage provides ample room for vehicles and could easily accommodate an ATV or additional mountain toys. Beyond the home, The Lodges at Eagles Nest offers an unparalleled collection of amenities for an active mountain lifestyle. Miles of hiking, biking, and ATV trails wind throughout the community, while residents can enjoy tennis, pickleball, basketball, volleyball, an 18-hole putt-putt course, disc golf, and a fully equipped fitness center. Dining options include Epic Chophouse, Eagles Nest Winery, and the Sportsman's Lodge, while the on-site Dollar General provides added convenience. Two helipads offer exceptional accessibility, and the outdoor amphitheater hosts live concerts from May through October. Combining exceptional custom construction, spectacular sunset views, an ideal front-side location, and an extraordinary amenity package, 146 Springwater Lane offers a rare opportunity to experience luxury mountain living at its finest in one of Banner Elk's premier communities.

146 Springwater Lane, Banner Elk

$6,800,000

4 Beds ⋅ 6 Baths ⋅ 6,987 SqFt. ⋅ 4.56 Acres ⋅ ACTIVE Status

Perched atop one of Elk River’s highest elevations, this extraordinary 4.5-acre estate seamlessly blends architectural luxury with sweeping panoramic vistas. Arriving at the property, cascading twin waterfalls, landscaped gardens, and a firepit-lit entrance set a tranquil, majestic tone. Inside, the home showcases master craftsmanship throughout, featuring premium travertine marble, custom onyx, rich slate, and site-finished oak flooring. The layout includes a gourmet kitchen equipped with top-tier appliances, a dedicated home office for complete privacy, four luxurious bedroom suites, and five-and-a-half spa-inspired baths. For relaxation and entertainment, a versatile lower-level bonus room and a dedicated recreational/theater room offer endless possibilities. Outlined by expansive multi-level decks designed for seamless indoor-outdoor living, this private sanctuary represents the ultimate convergence of elegance, function, and nature.

977 Summit Park Drive, Banner Elk

$2,995,000

4 Beds ⋅ 5 Baths ⋅ 2,494 SqFt. ⋅ 1.172 Acres ⋅ ACTIVE Status

Stunning Modern Mountain Luxury Home with Breathtaking Views, Included Additional Lot & Prime Location Near the Slopes in The Lodges at Eagles Nest! Built in 2022, this exceptional 4-bedroom, 4.5-bathroom luxury retreat seamlessly blends high-end transitional design with timeless High Country character. Offering 2,502 square feet of thoughtfully crafted single-level living space, this masterpiece features classic log and wood-shingle exterior accents paired with a durable metal roof, complete with the rare convenience of each bedroom featuring its own full bathroom, plus an additional half-bath for guests. Step inside to an inviting open-concept living area anchored by a striking stone fireplace—great for crisp mountain evenings. Outside, the property truly shines: take in breathtaking, panoramic long-range mountain views from your ultimate outdoor spaces, surrounded by meticulous landscaping featuring a beautiful, lush green grass yard and a custom fire pit area designed for cool evenings under the stars. The Possibilities Are Endless: This incredible offering sits on a beautiful 1+ acre lot, with the adjoining 1+ acre lot included in the purchase price. Live comfortably in the current modern luxury home while building a spec home on the second lot as an investment to resell or create your ultimate custom dream estate and transition the original home into a high-end short-term rental. Nestled within the premier gated community of The Lodges at Eagles Nest, you are just moments away from world-class community amenities, hiking trails, near local ski slopes, and a short drive to the charm of downtown Banner Elk, Beech Mountain, and local dining favorites. This is a rare opportunity to purchase a premier mountain sanctuary and a valuable building parcel all in one!

861 Talon Trail, Banner Elk

$2,099,000

6 Beds ⋅ 6 Baths ⋅ 2,982 SqFt. ⋅ 1.92 Acres ⋅ ACTIVE Status

Perched on approximately 1.92 acres with breathtaking long-range mountain views, The Elk Lodge is a rare High Country retreat and a proven, high-performing short-term rental with established income history. Offered fully furnished and turnkey, this income-generating vacation rental delivers immediate cash flow potential for investors or a luxury mountain escape for buyers who want it all. The property is designed as a true mountain compound: a spacious 4-bedroom main lodge, a fully finished 2-bedroom accessory dwelling unit (ADU) above the garage, and a massive detached climate-controlled game and entertainment building. The main lodge features multiple inviting living spaces including a sunroom with panoramic mountain views, loft, family room, chef's kitchen with premium appliances and coffee bar, and a finished walkout basement with an additional lounge/media area, two bedrooms, a full bathroom, and laundry. The finished ADU functions as a true second residence with its own full kitchen, family room, laundry, two en suite bedrooms, queen sleeper sofa, and spectacular mountain views, for additional short-term rental accommodations. The standout feature is an expansive climate-controlled recreation building built for year-round entertainment with a 70-inch Smart TV, pool table, shuffleboard, poker and game table, classic arcade games, comfortable lounge seating, and a half bathroom. Outdoors, guests rave about the hot tub, expansive stone patio, and large fire pit positioned to capture sweeping mountain scenery, unforgettable sunsets, and star-filled skies. Located just minutes from downtown Banner Elk, Sugar Mountain Resort, Beech Mountain Resort, the Elk River, and endless hiking, fishing, and skiing, the property balances privacy with unbeatable convenience. With proven short-term rental performance, a fully turnkey offering, an exceptional finished ADU, and extensive entertainment amenities, The Elk Lodge is a rare income-generating opportunity in one of North Carolina's most sought-after mountain destinations.

419 Summit Trail, Banner Elk

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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.”

Homes for Sale in Banner Elk, Avery County, NC Over $2,000,000

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