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

270 Osprey Drive, Banner Elk
$6,950,000
5 Beds ⋅ 6 Baths ⋅ 8,817 SqFt. ⋅ 3.19 Acres ⋅ ACTIVE Status
A rare opportunity to own an extraordinary Eagles Nest estate at a newly repositioned price. As the owners prepare to relocate, Iron Horse Lodge is now offered at $6,950,000. Newly constructed, professionally designed, and offered fully furnished, this 8,817-square-foot mountain residence delivers an exceptional combination of craftsmanship, privacy, and long-range Blue Ridge Mountain views. Welcome to Iron Horse Lodge, a custom estate offering 8,817 square feet of heated living area within The Lodges at Eagles Nest, just minutes from downtown Banner Elk, Great Camp Amphitheater, and Epic Chophouse. Designed as a primary residence with an uncompromising approach to quality, the home showcases refined mountain-modern architecture with natural stone, horizontal wood siding, architectural shingles, standing seam metal accents, timber columns, and Edge Vesta steel siding in select hard-to-reach areas for added durability. A custom-engineered steel beam foundation allows for a cantilevered design over the mountainside, maximizing structural integrity and long-range Blue Ridge Mountain views. An easily accessible driveway provides ample guest parking, complemented by an oversized two-car garage and an additional single-car garage. A thoughtfully designed mudroom with built-in laundry, drop zone, and custom dog wash adds everyday function. Inside, oversized glass barn-style doors open to a welcoming foyer and wine/cocktail lounge. A dedicated office with custom architectural doors leads into an expansive living and dining area, where fully retractable glass doors connect to a sprawling deck with sunset views. The chef’s kitchen features Thermador Professional Series appliances, dual dishwashers, a wet bar/coffee station with sink and refrigerated drawers, and a well-appointed butler’s pantry with built-in desk, storage, and prep space. The main-level primary suite offers a fireplace, coffee bar, beverage fridge, sink, expansive mountain views, and direct deck access to a Bullfrog 6+ person hot tub. The spa-like bath includes a soaking tub, dual-head shower, double vanities, and a walk-in closet with its own washer and dryer. Upstairs, a second en suite bedroom is joined by an additional bedroom with nursery, hidden door access, and spacious walk-in closet. A large shared bath offers a soaking tub and dual-head shower, while a covered deck captures elevated views. The lower level expands the home’s lifestyle offerings with a spacious family room, bunkroom suite with full bath, gym, half bath, wellness room with cold plunge and infrared sauna, theater room, and additional heated flex space. A partially covered deck extends the living area outdoors for quiet mornings, cool summer afternoons, and year-round mountain enjoyment. Offered fully furnished with select exclusions, Iron Horse Lodge brings together exceptional craftsmanship, professionally curated interiors by Lucy and Company, and the coveted Eagles Nest lifestyle. From its dramatic architecture and expansive mountain views to its thoughtfully designed entertaining and wellness spaces, this remarkable residence offers the opportunity to enjoy a completed luxury mountain retreat without the time, expense, and uncertainty of starting from the ground up.

270 Osprey Drive, Banner Elk

170 Eagle Springs Trail, Banner Elk
$2,825,000
4 Beds ⋅ 6 Baths ⋅ 3,996 SqFt. ⋅ 3.44 Acres ⋅ ACTIVE Status
Positioned at nearly 4,650 feet in elevation on 3.44 acres within the Eagle Springs section of The Lodges at Eagles Nest, this home is a fully furnished mountain retreat offering layered long-range mountain views, exceptional architectural scale, and a rare combination of privacy, elevation, and central convenience within the High Country’s premier luxury mountain community. Thoughtfully designed with Adirondack-inspired mountain-modern architecture and refined rustic finishes throughout, the home encompasses approximately 3,836 heated square feet with four bedroom suites, a bunk room, multiple gathering spaces, and expansive indoor-outdoor living environments designed to maximize both personal enjoyment and short-term rental performance. The main living area is framed by soaring vaulted ceilings, expansive windows capturing the surrounding mountain views, and a dramatic floor-to-ceiling stacked stone gas fireplace anchoring the Great Room. The open-concept layout flows naturally into the chef’s kitchen, featuring custom cabinetry, stainless steel appliances, oversized island seating and preparation space, and a spacious dining area designed for gathering with family and guests. The main-level primary suite offers cathedral ceilings, an oversized bath with heated floors and high-tech mirrors, and a spacious walk-in closet accented by sliding barn doors. Upstairs, a large open loft overlooks the Great Room below and connects to two guest suites, each designed to provide elevated comfort for guests. The 1st level expands the home’s functionality with a second primary suite, casual den, and game room, wet bar, full bath, and a custom bunk room ideally suited for additional guests and rental flexibility. Outdoor living was thoughtfully prioritized throughout the design of the property, with extensive multi-level Trex decking positioned to capture the layered long-range mountain views and cool high-elevation summer temps. Covered outdoor living areas feature wood-burning stone fireplaces, mounted televisions, dedicated lounging and dining areas, and a lower-level hot tub immersed in the surrounding mountain landscape. Positioned within the Eagle Springs section of Eagles Nest, the property enjoys convenient access to Epic Chophouse, Camp Eagles Nest, the Great Camp, the North Pavilion, Eagles Nest Winery, extensive hiking/ATV trail systems, and the Beech Mountain access gate providing easy access to skiing, golf, mountain biking, dining, and more outdoor activities. The Lodges at Eagles Nest encompasses more than 3,000 acres of high-elevation terrain with elevations exceeding 5,200 feet and is recognized for its balance of preserved mountain landscape and thoughtfully developed lifestyle amenities. The community features panoramic mountain views, waterfalls, dramatic rock formations, flowing streams, extensive trail systems for hiking, mountain biking, and ATV riding, access to the Elk River, and a wide range of gathering and recreation destinations including The Great Camp, Camp Eagles Nest, Eagles Nest River Club, The North Pavilion, Eagles Nest Winery, and Epic Chophouse restaurant. With its combination of elevation, privacy, layered long-range views, architectural quality, established rental performance, and turnkey furnished presentation, this home represents a compelling ownership opportunity within the Blue Ridge Mountains’ most dynamic luxury mountain community, The Lodges at Eagles Nest.

170 Eagle Springs Trail, Banner Elk

193 Talon Trail, Banner Elk
$8,500,000
6 Beds ⋅ 7 Baths ⋅ 7,895 SqFt. ⋅ 1.8 Acres ⋅ ACTIVE Status
There are mountain homes. And then there is this. From the moment you step through the door, the views stop you cold — and that's just the start. Every surface is wood or stone. The mountain doesn't just surround this home; it lives inside it. THE MAIN FLOOR features a great room and table that seats 14, two fireplaces, and a kitchen built for people who actually cook — Sub-Zero refrigeration, dual range, oversized island, stone backsplash, and a hidden galley for when the party gets serious. The primary suite has two more fireplaces, a steam shower, soaking tub, mirrors with integrated TVs, and a walk-in closet with its own washer and dryer. Multiple covered decks that frame views that earn their own mention. THE SECOND FLOOR is anchored by an oversized fireplace in the great room, two more covered decks one with an exterior fireplace, and views that refuse to quit. A hidden bar — dishwasher, ice maker, cigar humidor, private veranda — tucks neatly out of sight. Two ensuite bedrooms each have gas fireplaces and rock showers worth writing home about. THE TOP FLOOR belongs to the kids — three sets of bunk beds, a gas fireplace, and enough room to disappear for hours. They'll never want to leave. Neither will you. THE BASEMENT brings two bedrooms, two game rooms/gym area with views worth working out for, a sauna, a hot tub, an outdoor fireplace, and a covered outdoor living space. The mountain lifestyle doesn't stop here — it just gets louder. THE GARAGE APARTMENT AND POOL round out the property with one of the only pools in Eagles Nest, complete with its own gas fireplace. The apartment adds two bedrooms, a full kitchen, a large living room, sweeping views, and more covered decks. Nearly complete and ready for your finishing touch. THE GROUNDS feature a boulder-framed fire pit, masterfully landscaped yard, and views so good they deserve their own listing. If you lost count, 8 bedrooms and 14 fireplaces. At 11,282 square feet of interior space and over 5,000 square feet of terraces, patios, and balconies, this is a legacy property. There is nothing else like it in the High Country.

193 Talon Trail, Banner Elk

404 Silver Eagle Trail, Banner Elk
$3,650,000
5 Beds ⋅ 5 Baths ⋅ 4,959 SqFt. ⋅ 1.2 Acres ⋅ ACTIVE Status
THE BELVÉDÈRE Designed for the View. Built for the Moment. Set high within the coveted Sunset Section of Eagles Nest, The Belvédère is a modern mountain retreat offering extraordinary long-range Blue Ridge views and the flexibility to enjoy it as your private mountain home, a luxury vacation rental, or both. In this highly desirable location, the property offers the potential to generate up to $175,000 in annual rental income, depending on occupancy, management, rental strategy, and community guidelines. At more than 4,000 feet in elevation, mornings often begin above the clouds, while evenings deliver unobstructed sunsets stretching across state lines. Situated on approximately 1.2 acres, the home offers nearly 5,000 sqft of thoughtfully designed living space. Floor-to-ceiling glass captures the views from nearly every room, while white pine ceilings, exposed beams, stone accents, and warm natural finishes balance the modern architecture. The kitchen features a marble waterfall island, premium appliances, and an open layout connecting the main living and dining spaces. The main-level Primary Suite offers a spa-inspired bath and uninterrupted mountain views. The lower level is designed for entertaining with a custom bar, media and game space, and additional guest accommodations. Expansive covered decks, a private hot tub, integrated lighting, and extensive landscaping extend the living experience outdoors. Ownership within Eagles Nest includes access to the Elk River, Epic Chophouse, the Sportsman’s Lodge, a private winery, UTV and hiking trails, a fitness center, outdoor amphitheater, and dedicated helipad. A rare opportunity to own a private, view-driven mountain residence and vacation rental in one of Eagles Nest’s most desirable locations.

404 Silver Eagle Trail, Banner Elk

294 Silver Eagle Trail, Banner Elk
$5,600,000
5 Beds ⋅ 7 Baths ⋅ 7,055 SqFt. ⋅ 1.03 Acres ⋅ ACTIVE Status
Developed over three years, this architectural showcase occupies 1.033 acres, where rugged natural beauty blends seamlessly with refined elegance. The residence offers 7,055 sq ft of heated living space, excluding the three-car garage. Perched at 4,400 feet elevation, it commands panoramic views spanning North Carolina to Tennessee mountains, framed by awe-inspiring sunsets. The exterior presents a stylish mountain retreat with white pine-stained wood siding, expansive windows, and rustic metal beams. Over $250,000 was invested in professional landscaping, featuring natural boulders, enhanced lighting, and intricate hardscaping that create an impressive arrival experience. Outdoor living shines with 860+ sq ft of decking, a large hot tub, hand-laid stone pillars, and custom steel beams designed to highlight the sweeping vistas. An inviting fire pit promises memorable evenings beneath the stars. Entry by a grand custom glass door reveals a great room with soaring two-story glass walls that flood the interior with natural light while framing the stunning surroundings. Nickel gap white pine-stained ceilings with rustic beams combine rustic warmth and modern elegance, accented by hand-laid rock, light-toned floors, and a custom rusted gas fireplace. The gourmet kitchen impresses with Onyx Waterfall Island countertops, stainless steel appliances, and a wine cooler. The lower level houses a large custom bar, wine cellar, and a flexible bonus room suited for theater, family gatherings, or games. Throughout are handmade floating handmade stairs, custom wood ceilings, stone accents, custom glass windows, and exterior stonework. There are five spacious bedrooms, each with meticulously finished bathrooms featuring hand-laid stone, marble, various tiles, and teakwood benches. Two additional half-baths are located on each floor. Two generous primary suites, one on the main level and one on the lower level, feature spa-inspired bathrooms and conveniently located adjacent utility rooms. Above the garage, featuring hand painted bronze epoxy floors, lies a distinctive bunk room with a full bath and an expansive rec room. Roughly half of this 275 sq ft area features ceiling heights between 5 and 7 feet. Residents enjoy an extensive amenity offering including ATV and hiking trails, ropes course, playground, dog park, mini-golf, disc golf, archery, versatile sports fields, and courts for volleyball, basketball, tennis, and pickleball. Enjoy world class trout fishing along the Elk River with over 2000 ft of river frontage. Dining options include Eagles Nest Winery, Epic Chophouse and The Sportsman’s Grille. Additional amenities include a 24-hour Dollar General, an outdoor amphitheater offering live entertainment on Saturday evenings from May through October, fitness center, and two helicopter pads. This estate transcends standard mountain homes by flawlessly combining luxury, nature, and architectural brilliance, inviting an elevated mountain lifestyle. Adjacent to this property, a 4,959 sq ft neighboring estate (MLS #258350) is also available, presenting a rare opportunity for main and guest house combination. 4 year home warranty provided

294 Silver Eagle Trail, Banner Elk

217 Sunrise Vista Lane, Banner Elk
$2,799,999
4 Beds ⋅ 4 Baths ⋅ 3,066 SqFt. ⋅ 10 Acres ⋅ ACTIVE Status
Sorrel Sky Farm lives up to its name. Set at approximately 4,350 feet in elevation, this exceptional equestrian estate captures panoramic views across three states, North Carolina, Virginia and Tennessee, with long-range vistas stretching toward Grandfather Mountain and Mount Rogers. The setting offers privacy and accessibility, just 10 minutes to Banner Elk, 15 minutes to Sugar Mountain, 20 minutes to Beech Mountain, 25 minutes to Boone and 35 minutes to Blowing Rock. Serious equestrians or hobby farmers will recognize the rarity of a high-elevation farm that provides natural cooling, functional infrastructure, and sweeping mountain vistas. Great seasonal escapes or full-time living. With privacy, open pasture, and generous living space, Sorrel Sky Farm also lends itself beautifully to a legacy estate or family retreat. The custom-designed modern farmhouse was thoughtfully positioned to maximize the views, with nearly every room overlooking mountains and rolling board-fenced pastures. Reclaimed hemlock floors and solid hemlock interior doors create warmth and authenticity throughout the main living areas. Mahogany and glass double entry doors, along with expansive sliding glass doors, open the great room and dining area to the covered porch, inviting fresh mountain breezes and seamless indoor-outdoor living. The kitchen anchors the home with a substantial quartz island accented by barn tin detailing, exposed wood beams, and carefully curated finishes. The main-level primary suite features two spacious walk-in closets with custom wood shelving. Upstairs, a generous bonus/family room offers flexible space for recreation, media or additional gathering areas. Designed for comfort and efficiency, the home includes a whole-house generator, water filtration system, encapsulated crawl space, and Icynene insulation. Equestrian facilities are equally impressive. The 60-by-48-foot hardboard-sided barn with metal roof includes seven stalls, a concrete center aisle, insulated tack and feed rooms, hot and cold wash area, 12-by-24-foot equipment storage, and four stalls opening to a 12-by-48-foot lean-to. A separate 12-by-20-foot run-in shed with storage complements two interconnecting three-board fenced pastures across 10 acres, with ample trailer parking. Sorrel Sky Farm offers a rare combination of elevation, views, usable pastureland and proximity to the High Country’s premier destinations, an exceptional opportunity to experience Blue Ridge Mountains at their finest.

217 Sunrise Vista Lane, Banner Elk

5742 NC Highway 194 S, Banner Elk
$4,900,000
4 Beds ⋅ 7 Baths ⋅ 8,672 SqFt. ⋅ 15.211 Acres ⋅ ACTIVE Status
The Castle at Valle Crucis: This extraordinary compound features the rare assemblage of over 15 acres near the heart of the desirable Valle Crucis community, with a unique and majestic English Manor home with long-range, layered views of the surrounding Blue Ridge Mountains and pastures of Valle Crucis. Designed as a true replica of a Manor in Great Britain by William McLaughren, this one-of-a-kind estate features stone and building materials from around the world, as well as antique features and furnishings such as 17th- to 19th-century fireplaces, 500+ year-old arched entry doors from an English church, and even a chandelier imported from Princeton University, among others - see features list for more details on this unique offering. Resting at an elevation of over 3,400 feet, the property overlooks Grandfather Mountain and Howard's Knob, but features access off a paved, state-maintained road and is just 15 minutes from Boone, Banner Elk, and ski slopes at Sugar Mountain. With an impressive rental history, this home is offered fully furnished while in an established rental program, providing incredible investment potential, but would also make for a perfect mountain getaway or full-time residence. From the stone patio at the front of the home, step into the formal foyer with 24-foot soaring ceilings, adjacent to the large Great Room with a stone fireplace, antique chandeliers, and access to a covered stone patio- also with a fireplace and offering a hot tub & long-range, layered views. The chef's kitchen, also with a fireplace, offers granite counters, high-end stainless steel appliances, a dining area, and a walk-in pantry, and is adjacent to a sunroom/observatory with vaulted ceilings and a spacious laundry room with access to the oversized, two-car attached garage. The walk-in level also features a library and billiards room able to house 1,800 books (and with a plaster tracery ceiling imported from Great Britain), a formal dining room, a half bath, and a bonus room or office with an ensuite bathroom (this room is currently used as a sleeping area - one-level living!). Upstairs, the primary suite offers a private stone balcony, fireplace, walk-in closet, and bathroom with dual vanities, a soaking tub, and a tiled shower. Three additional suites exist on the second level (one also with a private stone balcony, and one being a Jack-and-Jill suite connected by a bathroom to an office or bonus room currently used as a sleeping area). Mahogany doors throughout were imported from England and are over 100 years old, adding antique charm, while modern amenities like an elevator to the first and second levels offer comfort and convenience. Upstairs, on the third level, find a spacious living room with game tables, a theater area, and an exercise area, along with a half bath. Additional amenities: 12-foot ceilings throughout, whole-house generator, interior & exterior sound system, water filtration system, whole-house generator, air scrubber & UV light for HVAC system.

5742 NC Highway 194 S, Banner Elk

2910 Eagles Nest Trail, Banner Elk
$8,799,000
6 Beds ⋅ 7 Baths ⋅ 6,209 SqFt. ⋅ 3.05 Acres ⋅ ACTIVE Status
Perched on a pristine ridge with endless views of the Blue Ridge Mountains, this extraordinary timber frame estate blends mountain elegance with timeless craftsmanship. From the moment you arrive, you're greeted by the grandeur of hand-hewn beams, soaring ceilings, and panoramic vistas that stretch for miles in every direction. Upon entering the home, your eyes are immediately drawn to the dramatic glass floor in the foyer, offering a breathtaking view down into the custom wine cellar below—a striking design feature that sets the tone for the artistic and luxurious details throughout. The great room is a statement of sophistication—anchored by a stunning Chihuly-style chandelier suspended beneath vaulted trusses, casting artful light across the warm wood interior. Walls of glass blur the lines between indoors and out, inviting the mountains into every living space. The gourmet kitchen is designed for entertaining, featuring custom cabinetry, high-end appliances, and a spacious island for gathering. The primary suite is a sanctuary with a spa-like bath, walk-in closet, and direct access to a view-soaked terrace. This estate includes both an attached two-car garage and a detached two-car garage with a fully appointed guest apartment above. The apartment offers 2 bedrooms and 2 full bathrooms, along with a full kitchen, living area, and separate entrance—thoughtfully designed to accommodate extended family, guests, or use as an upscale rental. Whether hosting grand events or enjoying peaceful mornings with coffee over the clouds, this property offers unmatched serenity, style, and space—just minutes from premier hiking, vineyards, and charming mountain towns.

2910 Eagles Nest 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.”

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