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774 Aldridge Road

Banner Elk, NC 28604
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Bed 7

Bed

Bath 7

Bath

SqFt6,628

Sqft

Acres17.65

Acres(Lot)

An exciting new chapter has been written for the High Country's Hemingway Estate. Magnificent, upscale total house transformation for this ridge top estate with almost 18 acres, panoramic long range mountain views and convenient location.  Sellers smartly chose to pay high cost for recently changing 4 BR septic field to 7 BR septic operating permit for this impressive 6600+ sq.ft. 7 BR, 6.5 BA practically new residence...this greatly increased value and expanded high grossing rental marketability by unlocking the Hemingway Estate's full capacity and establishing it as one of the rare large-group accommodations in the NC High Country. Rental income has escalated in two years with 2026 bookings indicating another high grossing year of $400K plus and it's no wonder that vacationers are paying high fees to enjoy this incredible estate - gutted, rebuilt, large chef's kitchen with seating for 16 has two spacious living rooms with fireplaces on either side of kitchen, all new bathrooms, remodeled bedrooms, luxury vinyl plank flooring, lower level converted to include private cinema, dedicated game room, two more bedrooms, second laundry, 2.5 baths. Updated mechanicals includes new HVAC, tankless water heaters. Front yard has courtyard adjoining koi pond with 65 ft. cascading landscape waterfall. Private setting offers exclusivity, peace and quiet. Not in a subdivision - no restrictive covenants - no POA. Important value is added to this estate with the lower section of the 18+/- acres that can be easily subdivided into several gentle building sites with state road frontage - build more rental cabins or create a larger family compound. Continue with rentals to offset some expenses or preserve some/all of the time for comfort and enjoyment for you and your extended family and friends. Popular rental for wedding guests, family or college reunions, multi-generational vacations, corporate retreats, football weekends. Abundant natural light flows throughout from the many large windows creating uplifting interiors throughout.  Elegant primary BR suite on main floor has fireplace, sitting areas, long range mountain views, luxurious spa bath. Fantastic game room for kids of all ages with home theater, video gaming room nook, poker/game table, foosball, air hockey, pinball and MORE! Four fireplaces, two laundry rooms. Turnkey estate is fully furnished and completely outfitted for rentals. Outdoor spa hot tub retreat on secluded covered porch adjoins cozy outdoor seating. Retreat to Hemingway Estate with convenient access to Boone, Banner Elk, Parkway, Blowing Rock. Ski, snowboard, hike, bike, golf, fish - all close by. No drive-bys. Shown by appointment only. Do not disturb vacation renters. Property is popular rental with heavy bookings - can only be shown when property is not rented. Heavy bookings on long weekends and full weeks.

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Detail Ic Property Details

Property Type : Residential

Price : $3,850,000

AD Id : 69917124

MLS Id : 259141

Beds : 7

Lot Size : 17.65 Acres

Living Area Size : 6,628

Year Built : 1976

County : Watauga

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 7

    Bathroom Information

    Total Baths: 7 Full Baths: 6 Half Baths: 1

    Room Information

    Has Basement: Yes Basement: Exterior Entry, Finished, Interior Entry, Walk-Out Access
  • Roofing Information

    Asphalt, Shingle
  • Interior Features

    Cathedral Ceiling(s), Vaulted Ceiling(s), High Speed Internet Roof: Asphalt, Shingle Appliances: Oven, Double Oven, Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Gas Range, Refrigerator, Tankless Water Heater, Washer, Water Heater Laundry Features: In Basement, Main Level Window Features: Window Treatments
  • Heating & Cooling

    Has Heating: Yes Heating: Exhaust Fan, Electric, Fireplace(s), Heat Pump, Zoned Has Cooling: Yes Cooling: Central Air, Heat Pump, Zoned Water front: 1

  • Building Information

    Year Built: 1976 Construction Materials: Wood Siding, Shake Siding, Stone, Frame Stories: 2 Patio And Porch Features: Wrap Around Private Pool: No Water front Features: Pond View: Mountain(s), Trees/Woods
  • Exterior Features

    Exterior Features: Fire Pit, Storage

  • Lot Information

    Main Square Feet: 17.649 Acres Lot Size Acres: 17.649 Lot Description: Waterfall

    Property Information

    Subdivision: None Source Property Type: Residential MLS Area Minor: Foscoe Property SubType: Single Family Residence Levels: Two Property Age: 50

  • Listing Price Information

    Listing Price: $3850000 Cash, Conventional

  • Tax Information

    Parcel Number: 1878-72-6534-000 Annual Tax: $7904.46

  • Parking Information

    Paved, Asphalt, Driveway, No Garage, Private

  • School Information

    Elementary School: Valle Crucis
    Junior High School: None
    Senior High School: Watauga
  • Utility Information

    Cable Available
  • Location Information

    WaterSource: Private, Well
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
TBD Wakeman Way, Banner Elk, NC, 28604 $229,900 -- -- --
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 -- -- --
761 Foxfire Drive, Banner Elk, NC, 28604 $1,375,000 3 4 2,339 2,339 SqFt
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 06/10/2026 @ 23:36

MLS: 259141 LISTED BY: Robbie Sharrett, Lyons Construction And Realty, Inc. 828-295-4663 SOURCE: High Country Association of REALTORS

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