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$1,195,000

Listing Price

3beds

4baths

2,384sqft

37,462sqft lot

340 Farm Loop Rd, Banner Elk, NC 28604

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

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For Sale

Off Market

Single Family

Home type

475.04

Price / sqft

2003

Year built

Home Details

Welcome to 340 Farm Loop Road, a stunning mountain retreat located within the gated community of The Farm at Banner Elk. This charming mountain cottage offers the perfect blend of privacy and convenience, perched among the picturesque landscapes of the Blue Ridge Mountains. Situated on a spacious lot, this custom-built home features high-end finishes and modern amenities throughout. The open concept living area boasts vaulted ceilings, hardwood floors, and a stone fireplace, creating a warm and inviting atmosphere for entertaining guests or simply relaxing. The gourmet kitchen is a chef's dream, with top-of-the-line appliances, granite countertops, and a large island for meal prep and casual dining. The primary suite is a true retreat with its spa-like bath, oversized closet and private access to the open and covered deck overlooking the lush surroundings. Two additional bedrooms provide plenty of space for family and guests, while a bonus room offers versatile options for a home office, gym, or media room. There is approximately 1, 602 square feet of unfinished space at the basement level with endless opportunities for additional space. The expansive decking on both the front and back of the home, overlooking the well-maintained grounds and yard space, offers additional outdoor living space. The Farm at Banner Elk offers residents access to a wealth of park-like amenities, such as streams, stocked trout ponds, trails and an outdoor pavilion with a fireplace. Just minute

Interior Details

Square Feet
  • 2384

Bedrooms
  • 3

Bathrooms
  • 4

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Heat Pump

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Wood (unspecified)

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 37462

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    0

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Wood Siding

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$6,582

$105,000

$488,000

--%

$593,000

2019

$6,582

$105,000

$488,000

--%

$593,000

2018

$6,523

$105,000

$488,000

--%

$593,000

2017

$6,007

$75,000

$456,600

--%

$531,600

2016

$2,377

$75,000

$456,600

--%

$531,600

2014

$2,769

$75,000

$456,600

--%

$531,600

2013

$2,653

$165,000

$490,200

--%

$655,200

0

$0

$165,000

$490,200

--%

$655,200

percent-home-icon

Average Home Price in 28604

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$898,000

3 Beds

3 Baths

2,253 Sqft

27,878 Lot (sqft)

Sold 10/13/2026

$1,195,000

3 Beds

4 Baths

2,384 Sqft

37,462 Lot (sqft)

Sold 10/12/2026

$1,051,807

3 Beds

2.5 Baths

2,240 Sqft

14,810 Lot (sqft)

Sold 10/13/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,195,000
$
Down payment
239,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
7,170
$
HOA (Monthly)
0
$
PMI
0
$
$7,735
Your Payment
Total Monthly Payment:$7,735
Percent of Income:133%
Affordable:No

Details for 340 FARM LOOP RD

Property Debt

Foreclosure Contact Details

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