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

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

1501 Beech Mountain Parkway, Banner Elk
$3,499,000
5 Beds ⋅ 6 Baths ⋅ 4,563 SqFt. ⋅ 14.33 Acres ⋅ ACTIVE Status
If you’ve been searching for a mountain home with breathtaking views, this is one you won’t want to miss. Ideally located near both Sugar Mountain and Beech Mountain, this exceptional property offers more than 14 acres to explore, hike, and enjoy. This beautifully designed home features five bedrooms and five-and-a-half bathrooms, with spacious living areas throughout. The main level includes a stunning great room with soaring ceilings, a chef’s kitchen, a large dining room, a butler’s pantry, a laundry room, and an elegant powder room. The luxurious primary suite is also on the main floor and features a spacious bedroom and a beautifully appointed primary bath. Upstairs, a dramatic walkway connects two private guest suites, each with generous closet space and its own full bathroom. Just off the walkway, you’ll find access to the upper deck, where a sleek glass railing provides unobstructed views of the surrounding mountains. The same glass railing system continues on the main and lower decks, allowing you to enjoy the scenery from every level. The lower level is designed for If you’ve been searching for a mountain home with breathtaking views, this is one you won’t want to miss. Ideally located near both Sugar Mountain and Beech Mountain, this exceptional property offers more than 14 acres to explore, hike, and enjoy. This beautifully designed home features five bedrooms and five-and-a-half bathrooms, with spacious living areas throughout. The main level includes a stunning great room with soaring ceilings, a chef’s kitchen, a large dining room, a butler’s pantry, a laundry room, and an elegant powder room. The luxurious primary suite is also on the main floor and features a spacious bedroom and a beautifully appointed primary bath. Upstairs, a dramatic walkway connects two private guest suites, each with generous closet space and its own full bathroom. Just off the walkway, you’ll find access to the upper deck, where a sleek glass railing provides unobstructed views of the surrounding mountains. The same glass railing system continues on the main and lower decks, allowing you to enjoy the scenery from every level. The lower level is designed for entertaining and rental potential. It includes two additional bedrooms, two full bathrooms, a kitchenette, a large family room with a pool table, and a separate game room, making it an ideal setup for guests or vacation renters. Beautiful wood floors throughout the home enhance its warm mountain charm. Outside, the spacious lower deck features a large hot tub overlooking the fire pit—the perfect place to relax and create lasting memories with family and friends. This is a rare opportunity to own an exceptional mountain retreat that offers luxury, comfort, and outstanding rental potential. Be sure to take the attached 3D tour and experience everything this remarkable home has to offer , a large family room with a pool table, and a separate game room, making it an ideal setup for guests or vacation renters. Beautiful wood floors throughout the home enhance its warm mountain charm. Outside, the spacious lower deck features a large hot tub overlooking the fire pit—the perfect place to relax and create lasting memories with family and friends. This is a rare opportunity to own an exceptional mountain retreat that offers luxury, comfort, and outstanding rental potential. Be sure to take the attached 3D tour and experience everything this remarkable home has to offer

1501 Beech Mountain Parkway, Banner Elk

534 Farm Loop Road, Banner Elk
$3,200,000
4 Beds ⋅ 5 Baths ⋅ 4,260 SqFt. ⋅ 3.283 Acres ⋅ ACTIVE Status
First Time on the Market! Motivated Seller—Price Reduced After Only A Month On The Market. Welcome to this Exceptional Custom One-Level Living Mountain Estate situated on 3.28 acres, Lots 47 (1.50 acres) and 48 (1.78 acres) have been combined but may be split, making Lot 47 the last upper view lot available for building in The Farm. Thoughtfully designed and built by a renowned custom home builder as his own personal summer residence. Completed in April 2023, this one-of-a-kind home showcases superior craftsmanship, premium materials, and meticulous attention to detail throughout. Perfectly positioned on one of the highest and largest homesites in The Farm at Banner Elk, this spectacular property sits at approximately 4,000 feet in elevation, offering breathtaking Grandfather Mountain profile views while providing the rare combination of in-town convenience and the peaceful feel of a private gated country retreat. Offered fully furnished and professionally decorated makes this turnkey mountain retreat ready to move in immediately after the purchase. Adjacent homesite is included providing added privacy, the opportunity to build another home, or the flexibility to sell the additional lot in the future. Designed for both luxury and longevity, the home features a maintenance-free exterior—a significant advantage over many traditional mountain homes—as well as top-of-the-line Pella Architectural Low-E DP50 top wind rated insulated windows and doors for outstanding energy efficiency and comfort. Quartz or Granite countertops throughout the home. Premium Thermador appliances and all 8' Knotty Alder interior doors. Additional features include a lightning protection system, a Sonos sound system throughout the home, a central vacuum system, and a Rinnai tankless water heater. Offering approximately 4,300 square feet of heated living space, this 4-bedroom, 4.5-bath residence is ideal for everyday living and entertaining. *Only the large Family Room fireplace can be converted to woodburning if new owner chooses to do so. Enjoy the comfort of a heated master bathroom floor. Outdoor living is elevated with an incredible 1,000-square-foot covered view deck complete with a summer kitchen featuring a built-in grill, refrigerator, sink, stone fireplace, and television—perfect for enjoying the cool mountain air and unforgettable sunsets. Car enthusiasts and hobbyists will appreciate the impressive 1,500+-square-foot garage, accommodating 4 to 6 vehicles, garage has a 50 amp hookup for EV charging while the home encompasses an impressive 6,877 square feet under roof including deck. This is a rare opportunity to own one of Banner Elk's finest custom homes—where luxury, quality, location, privacy and spectacular mountain views come together in an extraordinary offering.

534 Farm Loop Road, Banner Elk

1122 Summit Park Drive, Banner Elk
$3,950,000
4 Beds ⋅ 5 Baths ⋅ 5,009 SqFt. ⋅ 5.11 Acres ⋅ ACTIVE Status
Rarely does a home become available with a setting as sought-after as 1122 Summit Park Drive. Perched along the top section of the highest road in Elk River Club, this exceptional mountain residence captures a coveted western exposure and spectacular long-range views stretching across layered ridge lines. Begin the day with coffee on the deck in the cool mountain air, then gather in the evening to watch the sky come alive with the beautiful colors of sunset. With more than 3,400 square feet of outdoor decking, there is abundant space for dining, entertaining or simply relaxing above the mountains. Completely renovated practically down to the studs, the home presents mountain luxury at its finest. Every window, wall, floor and interior space was carefully scrutinized and evaluated to enhance beauty, comfort, function and efficiency. Added insulation and energy-conscious improvements help keep the home comfortably cool in summer and warm throughout the winter. Refinished wood floors bring warmth and character to the living areas, while premium exterior improvements include the DaVinci shake roof and low-maintenance Trex composite decking designed for lasting enjoyment. The thoughtfully reimagined bathrooms were expanded and apportioned to provide larger showers and a more comfortable, spa-like experience. The renovated kitchen features new appliances, and three new heat pumps with gas furnaces provide modern, dependable year-round comfort. The basement level has been finished, adding approximately 1,300 square feet of heated living area and creating valuable flexibility for guests, recreation, a home office, fitness space or additional gathering areas. A paved driveway and fresh landscaping complete the extensive list of improvements and provide an inviting arrival. This remarkable property is nestled at the pinnacle of Elk River Club, where privacy, dramatic scenery and an elevated lifestyle come together. Whether hosting family and friends, enjoying a quiet mountain escape or savoring an unforgettable sunset from the expansive deck, every day here feels like a retreat. Elk River Club offers a 24-hour manned gate with an exceptional collection of amenities, including its renowned Jack Nicklaus-designed championship golf course, state-of-the-art equestrian center with a 30-stall barn, six Har-Tru tennis courts, pickleball courts, fitness center, swimming pool and an elegant main clubhouse with club dining. Members can also enjoy the casual Riverside Grill and inviting fire pits—perfect places to gather after a day of golf, riding, tennis or exploring the beauty of the High Country. 1122 Summit Park Drive is more than a mountain home; it is a front-row seat to one of Elk River’s most magnificent views and the very best of the club lifestyle.

1122 Summit Park Drive, Banner Elk

35 Crestview Lane, Banner Elk
$2,925,000
4 Beds ⋅ 5 Baths ⋅ 4,801 SqFt. ⋅ 1.09 Acres ⋅ ACTIVE Status
Where mountain elegance meets modern innovation, this exceptional Elk River Club residence offers refined living in one of the community's most sought-after locations. A 3 minute golf cart ride down to the clubhouse is perfectly positioned up past the tennis courts on Elk Knob Drive making dinner, golf, fitness, and social events easily accessible. A flat grassy lot next door and flat cul-de-sac yield a favorable space to walk your dog. Thoughtfully designed for both everyday living and gracious entertaining, the home features four spacious bedroom suites, each with an en-suite bathroom at hand. The main-level primary suite serves as a peaceful retreat with his and hers closets, direct access to the refinished deck, inviting you to enjoy cool mountain mornings and tranquil evenings surrounded by nature. The welcoming great room showcases soaring vaulted tongue-and-groove ceilings, a dramatic wall of windows, and refinished maple hardwood floors that fill the home with warmth and natural light while framing beautiful mountain views. The newly renovated chef's kitchen blends timeless design with exceptional functionality, highlighted by a stunning natural marble island with seating, a Viking Series 7 gas range, Sub-Zero refrigerator and freezer, wine cooler, and premium finishes throughout. The home is tech-updated with 7 flat screen tv's, central climate controlled unit with built in dehumidifier, and hot water recirculation unit for immediate hot water. Step outside to expansive Ipe Brazilian hardwood decking where northern mountain views create the perfect backdrop for entertaining or quiet relaxation. An outdoor grill makes alfresco dining effortless while enjoying the refreshing High Country climate. The beautifully proportioned lower level is designed with comfort and entertaining in mind, it features a full-size wet bar with seating, an inviting sitting room, leather game table, handsome stone fireplace, and separate office. Ownership at Elk River Club extends an unparalleled club lifestyle centered around the championship Jack Nicklaus Signature golf course, where pristine fairways are framed by the Blue Ridge Mountains. Members also enjoy a state-of-the-art 30-stall equestrian center, tennis and pickleball courts, a fully equipped fitness center, and some of the High Country's finest trout fishing. Whether your perfect day begins with an early tee time, a scenic horseback ride, an afternoon on the courts, or a quiet evening with friends at the clubhouse, this remarkable property offers an exceptional opportunity to experience mountain luxury at its finest.

35 Crestview Lane, Banner Elk

278 Timber Rock Trail, Banner Elk
$3,950,000
5 Beds ⋅ 6 Baths ⋅ 5,528 SqFt. ⋅ 1.47 Acres ⋅ ACTIVE Status
Perched high on the ridge of The Lodges at Eagles Nest, 278 Timber Rock Trail is a one-of-a-kind luxury mountain retreat offering unmatched craftsmanship, breathtaking sunset views, and over 5,500 square feet of custom living space built by renowned builder Tom Eggars. Designed to maximize both comfort and entertainment, this 5 bedroom, 6 bathroom home features over 1,800 square feet of deck space overlooking the layered mountain views and unforgettable western sunsets! Inside, you’ll find a stunning custom kitchen with high-end finishes throughout, expansive living areas, and a main-level primary suite for convenient mountain living. The lower level was built for entertaining with an incredible game room, wet bar, private theater, and upstairs you will find two additional bedrooms and a large hidden bonus room perfect for a fitness space, bunk room, or additional recreation area. Outdoor living is just as impressive with a custom outdoor fireplace, beautifully landscaped firepit area, and hot tub already in place to enjoy cool mountain evenings year-round. For adventure and functionality, the home offers both an ATV garage and an oversized two-car basement garage designed large enough to accommodate an indoor pickleball court if desired and comes with a Tesla charger already installed! Offered partially furnished with all existing Restoration Hardware furnishings included, this is a rare turnkey opportunity in one of the High Country’s most sought-after luxury communities. Whether you are searching for a second home, investment property, or high-performing rental opportunity, 278 Timber Rock Trail delivers an exceptional mountain lifestyle unlike anything else currently available!

278 Timber Rock Trail, Banner Elk

6 Valley Watch Court, Banner Elk
$4,250,000
6 Beds ⋅ 7 Baths ⋅ 6,634 SqFt. ⋅ 2.13 Acres ⋅ ACTIVE Status
OPEN HOUSE THIS SATURDAY, 10/10, 1PM-3PM. Live the elevated mountain lifestyle at over 4,500 feet in The Lodges at Eagles Nest, one of the most sought-after luxury gated communities in Banner Elk and the North Carolina High Country. Located in the desirable Great Camp section, this exceptional luxury mountain home offers long-range Blue Ridge mountain views, quality craftsmanship, and an ideal layout for multigenerational living, a second home, or a mountain retreat. What truly sets this home apart is how comfortable and livable it feels. While undeniably impressive, this is not a home designed simply as a showpiece—it is a home designed to be enjoyed. Three levels of living are easily accessible via elevator. The main living area features soaring ceilings, a dramatic floor-to-ceiling stone fireplace, and expansive windows showcasing long-range Blue Ridge views. The kitchen is built for gathering, with an oversized island, leathered granite countertops, abundant cabinetry, a full pantry, and generous prep space. Just off the kitchen, a large butler’s pantry and laundry room combination adds even more storage and functionality. The oversized dining area easily accommodates large gatherings, with room for everyone around the table. With six bedrooms and six-and-a-half baths, this home offers exceptional flexibility for family and guests and is offered furnished. Four bedrooms feature ensuite baths, while three include double closets. Storage is exceptional throughout, with abundant closets. Gathering spaces extend well beyond the main living room. The lower level is a retreat all its own, featuring a comfortable secondary living area, separate game room, two custom bunk rooms, an additional bedroom, and direct access to the hot tub. Designed with multigenerational living in mind, this level creates the perfect setup for kids, teens, or guests to have their own space while still feeling connected to the home. Each bunk room includes its own secret hideaway. Outdoor living is equally impressive. A stunning covered deck just off the dining area features a stone fireplace and inviting seating area for year-round enjoyment. A separate outdoor fire pit creates the perfect setting for cool mountain evenings under the stars while taking in the layered Blue Ridge Mountain views. Additional features include an oversized two-car garage and a separate ATV garage with direct access to Eagle’s Nest’s renowned trail system. While not intended as a high-yield investment property at this price point, the home does generate approximately $100,000 in rental income annually, making it an excellent option for offsetting ownership costs when not in personal use. Whether you are searching for a full-time residence, luxury vacation home, or mountain getaway with income potential, this home offers an exceptional opportunity in one of the High Country’s premier communities. Eagle’s Nest is known as a luxury adventure community, and amenities include ATV trails, hiking, pickleball, tennis, mini golf, an outdoor amphitheater, dining, Eagles Nest Winery, and Epic Chophouse, making this one of the most desirable luxury lifestyle communities in the Southeast.

6 Valley Watch Court, Banner Elk

224 Chestnut Trail, Banner Elk
$6,500,000
4 Beds ⋅ 7 Baths ⋅ 6,866 SqFt. ⋅ 4.28 Acres ⋅ ACTIVE Status
This one-of-a-kind estate home in the exclusive Elk River Club enclave beautifully blends monumental, hand-crafted mountain architecture with refined, contemporary finishes. Prominently positioned on an ultra-private cul-de-sac, the residence features a striking exterior of native field stone and cedar siding framed by a grand cobblestone motor court. Designed for a world-class vehicular collection, the fully climate-controlled, heated, and air-conditioned garage is equipped with custom electric screens that seamlessly drop down when the garage doors are open, creating a pristine, versatile environment. For ultimate peace of mind, the entire estate is supported by a comprehensive, whole-house generator. Inside, the main level boasts warm traditional mahogany walls, Brazilian cherry hardwood floors, and a palatial primary suite complete with a stone fireplace and private study adorned with hand-applied genuine gold leaf. This level of meticulous, bespoke craftsmanship ensures that no detail has been overlooked in creating an environment of unparalleled prestige. For leisure and hosting, the lower level has been transformed into a premier, multi-functional space. Boasting a relaxed family room, a dedicated movie room, and a beautifully appointed full bath, this floor features a kitchenette complete with a microwave, refrigerator, and dishwasher drawer. This self-contained layout functions effortlessly as a private guest suite. Guests are equally accommodated across three additional upper-level suites, ensuring the estate hosts large-scale family gatherings with ease. The interior living spaces connect to the outdoors, where an enchanting morning room offers pristine mountain views through expansive floor-to-ceiling glass. Outside, the property transforms into a secure four-acre botanical wonderland showcasing eight spectacular waterfalls, shimmering ponds, and winding cobblestone trails. This masterfully engineered estate effortlessly harmonizes the grandeur of its natural surroundings with the elite security and seclusion demanded by the modern connoisseur. Ultimately, acquiring this magnificent, generational asset represents far more than a real estate transaction; it offers the rare fulfillment of a true mountain lifestyle dream.

224 Chestnut Trail, Banner Elk

215 Chalke Ridge Trail, Banner Elk
$5,995,000
4 Beds ⋅ 6 Baths ⋅ 6,596 SqFt. ⋅ 12.93 Acres ⋅ ACTIVE Status
Positioned on nearly 13 acres at elevations rising to 4,850+ feet within The Lodges at Eagles Nest, 215 Chalke Ridge Trail represents one of the community's most significant mountain estate offerings. Combining expansive southern mountain views stretching more than 50 miles, exceptional architectural quality, remarkable craftsmanship, and an extraordinary setting rarely found within Eagles Nest, this residence offers an ownership opportunity defined as much by the land as by the home itself. Constructed with structural steel framing and engineered with a long-term commitment to quality and durability, the home encompasses nearly 6,600 heated square feet designed to embrace the surrounding mountain landscape through expansive walls of glass, soaring ceilings, rich timber accents, natural stone finishes, and beautifully proportioned living spaces. Thoughtfully planned for both everyday living and large-scale entertaining, the residence offers multiple gathering areas, generously appointed bedroom suites, and seamless transitions between indoor and outdoor living environments. Serving as a striking architectural centerpiece, an elegant flagstone spiral staircase gracefully connects the main and first levels, creating a distinctive focal point where the Great Room, office, and primary suite converge. Throughout the home, refined mountain architecture is balanced by warmth, comfort, and a timeless sense of place, with natural stone, rich timber, expansive glass, and beautifully proportioned living spaces creating an environment that feels both grand in scale and remarkably comfortable to live in. Expansive covered and open decking, outdoor gathering spaces, and panoramic mountain vistas create an exceptional backdrop for enjoying every season in the Blue Ridge Mountains. Beyond the residence itself, the nearly 13-acre setting provides an uncommon sense of space, natural beauty, and connection to the surrounding landscape. Mature forests, dramatic ridgelines, and extraordinary long-range southern views create an environment that is extremely rare within one of North Carolina's premier luxury mountain communities. The Lodges at Eagles Nest encompasses more than 3,000 acres of thoughtfully preserved mountain terrain and an exceptional collection of lifestyle amenities including Epic Chophouse, The Great Camp, Eagles Nest Winery, Camp Eagles Nest, The North Pavilion, the Eagles Nest River Club, miles of hiking, ATV and mountain biking trails, waterfalls, boulder outcroppings, and convenient access to Beech Mountain for skiing, golf, dining, and year-round recreation. Opportunities combining substantial acreage, exceptional construction, remarkable elevation, panoramic southern views, and one of the community's most compelling estate settings don't come around often. 215 Chalke Ridge Trail represents an extraordinary opportunity to own one of Eagles Nest's finest mountain estates.

215 Chalke Ridge Trail, Banner Elk

35 Valley Vista Court, Banner Elk
$3,495,000
4 Beds ⋅ 6 Baths ⋅ 4,809 SqFt. ⋅ 2.78 Acres ⋅ ACTIVE Status
Discover unparalleled privacy and timeless luxury in this four-bedroom, five-and-a-half-bath mountain retreat, offered complete with exquisite, curated furnishings for an effortless turn-key move-in experience. Perfectly situated on an expansive 2.78 acres within the exclusive Elk River Club, the estate boasts a classic exterior of native stone, poplar bark, and cedar siding, complemented by brand-new Trex upper decking with see-through glass. Enjoy breathtaking, unobstructed views of the golf course's front nine, tennis courts, clubhouse, and Beech Mountain from a completely secluded lot where neighbors are over a hundred yards away. Inside, an impressive gathering room greets you with 22-foot tongue-and-groove wood ceilings, a dry-stack stone fireplace, and a custom wet bar perfect for entertaining. The feature-rich Viking designer kitchen has been further enhanced for modern living with upgraded appliances and dual dishwashers. Retreat to the main-level primary suite, complete with dual "his and her" baths and a bay-window study, while the lower level offers three additional bedroom suites, a cozy second gathering room with rock fireplace, and a versatile bonus room. The home is fully optimized with smart technology, featuring app-controlled indoor thermostats, custom outdoor lighting, and a liquid-cooled, whole-house generator. Complete comfort is guaranteed year-round with a newly installed upstairs AC unit and downstairs furnace. An extra-wide garage effortlessly accommodates two cars alongside a golf cart, providing easy riding access to the nearby clubhouse. With a staked yard section ideal for dogs and meticulous service records available, this fully furnished, refined estate beautifully marries rustic mountain elegance with premium modern convenience.

35 Valley Vista Court, Banner Elk

1030 High Valley Overlook, Banner Elk
$2,290,000
6 Beds ⋅ 7 Baths ⋅ 2,886 SqFt. ⋅ 5.79 Acres ⋅ ACTIVE Status
Welcome to Mountain Time Lodge, a turnkey mountain retreat in The Farms at Eagles Nest, set on nearly six acres with long-range mountain views and exceptional privacy. Designed for gathering, the home offers six en-suite bedrooms, including two primary en-suite bedrooms on the main level—an ideal layout for extended family, multiple couples, or guests who prefer single-level accommodations. One primary suite features a spa-inspired bath with a soaking tub and beautifully tiled shower. At the heart of the home, a spacious chef’s kitchen with Café appliances, granite countertops, a generous island, and designer finishes opens seamlessly to the dining area and great room. Expansive windows and a south-facing rear exposure fill the home with natural light and frame the surrounding mountain scenery. Upstairs, two separate wings provide additional privacy, while the loft offers a dedicated recreation and gathering space with a TV, pool table, and foosball. Outdoor living is equally inviting, with an expanded deck, covered gathering areas, fireplace, rocking-chair porch, hot tub, and fire pit positioned to take in the peaceful mountain setting. Recent updates include a new roof and gas water heater installed in 2023. Additional features include a generator, ample parking, and a nearly six-acre homesite offering room to breathe. Sold fully furnished and ready to enjoy, Mountain Time Lodge is just minutes from Eagles Nest amenities including the North Pavilion, Fitness Lodge, Sportsman’s Lodge, and Eagles Nest Winery. Short- and long-term rentals are permitted, subject to applicable POA requirements and restrictions.

1030 High Valley Overlook, 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.”

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