Active

224 Chestnut Trail

Banner Elk, NC 28604
Mark as Favorite
Bed 4

Bed

Bath 7

Bath

SqFt6,866

Sqft

Acres4.28

Acres(Lot)

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 hardwoo d 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.

Read More Expand

Detail Ic Property Details

Property Type : Residential

Price : $6,500,000

AD Id : 87537442

MLS Id : 262922

Beds : 4

Lot Size : 4.28 Acres

Living Area Size : 6,866

Year Built : 1993

Garage : 2

County : Avery

Subdivision: Pisgah Preserve

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 7 Full Baths: 5 Half Baths: 2

    Room Information

    Basement: Crawl Space
  • Roofing Information

    Shake, Wood
  • Interior Features

    Wet Bar, Vaulted Ceiling(s), High Speed Internet Roof: Shake, Wood Appliances: Double Oven, Dishwasher, Electric Cooktop, Electric Water Heater, Microwave, Refrigerator Laundry Features: Washer Hookup Window Features: Skylight(s)
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Forced Air, Fireplace(s), Heat Pump, Propane Has Cooling: Yes Cooling: Central Air Water front: 1

  • Building Information

    Year Built: 1993 Construction Materials: Wood Siding, Stone, Frame Stories: 3 Patio And Porch Features: Patio Pool Features: Community Private Pool: No Water front Features: Pond View: Mountain(s) Association Fee Frequency: Annually

  • Lot Information

    Main Square Feet: 4.28 Acres Lot Size Acres: 4.28 Lot Description: Waterfall

    Property Information

    Subdivision: Elk River Source Property Type: Residential Zoning Description: Residential Property SubType: Single Family Residence Levels: Three Or More Property Age: 33

  • Listing Price Information

    Listing Price: $6500000 Cash, Conventional

  • Tax Information

    Parcel Number: 1848-01-16-5624-00000 Annual Tax: $7386.81

  • Parking Information

    Attached, Driveway, Garage, Oversized

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 2
    Homeowners Association Information
    Has Association: Yes HOA: $6,505.00 Community Features: Pool, Clubhouse, Fitness Center, Fishing, Golf, Gated, Airport/Runway, Tennis Court(s)

  • School Information

    Elementary School: Banner Elk
    Junior High School:
    Senior High School: Avery County
Sell a home like this and save $389,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
TBD Wakeman Way, Banner Elk, NC, 28604 $229,900 -- -- --
O-26 High Country Overl.., Banner Elk, NC, 28604 $219,000 -- -- --
761 Foxfire Drive, Banner Elk, NC, 28604 $1,375,000 3 4 2,339 2,339 SqFt
26 Great Sky Drive, Banner Elk, NC, 28604 $169,000 -- -- --
4584 & 4582 Nc Highway .., Banner Elk, NC, 28604 $1,250,000 7 8 4,853 4,853 SqFt
576 Eagle Springs Trail, Banner Elk, NC, 28604 $1,849,000 4 4 2,983 2,983 SqFt
123 High Country Overlook, Banner Elk, NC, 28604 $1,124,900 3 3 1,677 1,677 SqFt
123 High Country Overlook, Banner Elk, NC, 28604 $1,199,900 3 3 1,677 1,677 SqFt
617 Eagle Creek Trail, Banner Elk, NC, 28604 $3,649,997 4 5 3,977 3,977 SqFt
1644 Broadstone Road, Banner Elk, NC, 28604 $1,050,000 4 5 5,109 5,109 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of High Country Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 High Country Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 07/03/2026 @ 04:19

MLS: 262922 LISTED BY: Rick Foster, Elk River Realty 828-898-9777 SOURCE: High Country Association of REALTORS

Homes around $6,500,000

Selling? Save $389,501 when you sell a home like this

Tour with a ByOwner Agent