Active

731 River Run Road

Banner Elk, NC 28604
Mark as Favorite
Bed 5

Bed

Bath 5

Bath

SqFt3,584

Sqft

Acres2.70

Acres(Lot)

REDUCED! RIVER RUN AT BANNER ELK - A PRIVATE BLUE RIDGE TURN KEY RETREAT WITH FAMOUS ELK RIVER ACCESS – TROPHY TROUT FISHING,SWIMMING & PRIVATE TRAILS ! A SHORT DRIVE TO TWO OF NORTH CAROLINA'S BEST SKI RESORTS, SUGAR MOUNTAIN AND BEECH MOUNTAIN! CLOSE TO WATAUGA LAKE & ELK FALLS. NESTLED BETWEEN THE PRESTIGIOUS ELK RIVER COUNTRY CLUB AND FAMOUS EAGLES NEST. VERY RARE OPORTUNITY IN THIS SOUGHT AFTER COMMUNITY MINUTES FROM DOWNTOWN BANNER ELK. RECENTLY RENOVATED AND EXPANDED WITH 5 BEDROOMS AND 5 FULL BATHS THIS IS LIKE A NEW HOME WITH HIGH END FINISHES! LONG RANGE MOUNTAIN VIEWS !! Perfectly positioned just minutes from the storybook town of Banner Elk, this exceptional five-suite residence offers over 3,500 square feet of refined living space, breathtaking long-range mountain views, and r are access to the pristine Elk River—one of the High Country’s most treasured natural amenities. From the moment you arrive, the home’s elevated setting and sweeping vistas create an immediate sense of peace and privacy. Inside, the main living level is designed to capture the beauty of its surroundings, featuring soaring tongue-and-groove ceilings and a dramatic wall of windows framing panoramic views. Gather around the wood burning fireplace. Natural light fills the space, creating an atmosphere that is both grand and inviting—ideal for entertaining guests or simply relaxing above the clouds. The chef’s kitchen blends timeless design with modern performance, offering elegant quartz countertops, premium gas range, and high-end appliances. Just beyond, the newly added primary suite provides a true owner’s retreat, complete with private deck access, a serene sitting area, and uninterrupted mountain views. The spa-inspired bath offers a designer trough basin, a glass-enclosed walk-in shower and soaking tub positioned to take in the surrounding landscape—creating a daily experience of quiet luxury. The lower level is designed for hosting and gathering, featuring a spacious family and game room with custom live-edge bar, electric in-wall fireplace, and direct access to outdoor living areas. Three additional guest suites, each with private baths, ensure exceptional comfort and privacy for family and visitors. Outdoor living is central to the River Run lifestyle. Expansive decks, a private firepit gathering area, and rare usable acreage provide space to unwind, explore, and connect with nature. Hiking and biking trails on your own property. Whether enjoying cool summer evenings, vibrant fall colors, or peaceful winter snowfall, this home offers a year-round retreat from the intensity of coastal and urban environments. River Run residents enjoy exclusive access to the Elk River, renowned for trophy fly fishing, swimming holes, and scenic picnic areas—all just moments from the home. The gated setting provides both privacy and security, while remaining convenient to Banner Elk’s fine dining, boutique shopping, wineries, golf, skiing, and country clubs. With its recent permitted expansion in 2025, five private bedroom suites, and turnkey condition, this residence is ideally suited as a luxury mountain retreat, seasonal escape, or legacy property to be enjoyed for generations. This prime location is close to Watauga Lake Grandfather Mountain, Linville Gorge, Boone and Blowing Rock offering numerous cultural activities restaurants and more. This is more than a home - it is a place to slow down, reconnect, and experience the very best of Blue Ridge Mountain living.

Read More Expand

Detail Ic Property Details

Property Type : Residential

Price : $1,495,000

AD Id : 79773722

MLS Id : 262341

Beds : 5

Lot Size : 2.70 Acres

Living Area Size : 3,584

Year Built : 2000

Garage : 1

County : Avery

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 5 Full Baths: 5

    Room Information

    Has Basement: Yes Basement: Finished
  • Roofing Information

    Asphalt, Shingle
  • Interior Features

    Wet Bar, High Speed Internet Roof: Asphalt, Shingle Appliances: Dryer, Dishwasher, Electric Water Heater, Gas Range, Microwave, Refrigerator, Washer Laundry Features: Main Level Window Features: Double Pane Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Ductless, Forced Air, Fireplace(s), Propane Has Cooling: Yes Cooling: Central Air, Ductless

  • Building Information

    Year Built: 2000 Construction Materials: Wood Siding, Frame Stories: 2 Patio And Porch Features: Covered Private Pool: No Water front Features: River Access View: Mountain(s), Trees/Woods Association Fee Frequency: Annually
  • Exterior Features

    Exterior Features: Fire Pit

  • Lot Information

    Main Square Feet: 2.7 Acres Lot Size Acres: 2.7

    Property Information

    Subdivision: River Run Source Property Type: Residential MLS Area Minor: Banner Elk Zoning Description: Residential Property SubType: Single Family Residence Levels: Two Property Age: 26

  • Listing Price Information

    Listing Price: $1495000 Cash, Conventional

  • Tax Information

    Parcel Number: 1839-00-75-2349-00000 Annual Tax: $1726

  • Parking Information

    Gravel, Attached, Driveway, Garage, Private

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 1
    Homeowners Association Information
    Has Association: Yes HOA: $850.00 Community Features: Fishing, Gated

  • School Information

    Elementary School: Banner Elk
    Junior High School: Avery
    Senior High School: Avery County
  • Utility Information

    Cable Available
  • Location Information

    WaterSource: Private
Sell a home like this and save $89,201 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
761 Foxfire Drive, Banner Elk, NC, 28604 $1,375,000 3 4 2,339 2,339 SqFt
4584 & 4582 Nc Highway .., Banner Elk, NC, 28604 $1,250,000 7 8 4,853 4,853 SqFt
26 Great Sky Drive, Banner Elk, NC, 28604 $169,000 -- -- --
TBD Wakeman Way, Banner Elk, NC, 28604 $229,900 -- -- --
O-26 High Country Overl.., Banner Elk, NC, 28604 $219,000 -- -- --
576 Eagle Springs Trail, Banner Elk, NC, 28604 $1,900,000 4 4 2,983 2,983 SqFt
123 High Country Overlook, Banner Elk, NC, 28604 $1,199,900 3 3 1,677 1,677 SqFt
123 High Country Overlook, Banner Elk, NC, 28604 $1,124,900 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 $1,095,000 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 06/07/2026 @ 19:26

MLS: 262341 LISTED BY: Ronald Kent, EXP Realty LLC 888-584-9431 SOURCE: High Country Association of REALTORS

Selling? Save $89,201 when you sell a home like this

Tour with a ByOwner Agent