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$1,200,000

Listing Price

4beds

5baths

3,134sqft

22,216sqft lot

50 Hanging Rock Knoll Pl, Banner Elk, NC 28604

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  • Home value, equity and ownership info

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For Sale

Off Market

Single Family

Home type

335.32

Price / sqft

2003

Year built

Home Details

Exceptional craftsmanship is found in this one-of-a-kind, rustically elegant home in The Farm at Banner Elk. This spectacular home offers all the beauty and charm one could possibly want inside and out. The stone path through a beautiful garden leads you to the attractive covered stone entry. Once inside, you will find spacious, main-level living, hardwood floors, stone fireplace, access to multiple covered and open decks, gourmet kitchen and dining room with granite countertops, top-of-the-line appliances and custom cabinetry. You will also find two primary suites each with their own private deck, one on the main level and the second found upstairs with a double-sided fireplace. Additionally, the home features two oversized guest suites, each with their own custom baths, media room and abundance of storage, custom millwork and a single-car garage. Not to be overlooked, the views of Hanging Rock and lush landscaping highlight the property, which can be enjoyed from the flagstone patio with its own custom fire pit. The home is ideal for someone looking to entertain or relax. This prime location in Banner Elk is convenient for year-round or seasonal living. The gated community of The Farm at Banner Elk offers fabulous park-like amenities such as streams, stocked trout ponds, trails and outdoor pavilion with a fireplace. It is also conveniently and centrally located in the heart of Banner Elk, with its unique shops and restaurants, and within a short distance to Linville, Grandf

Interior Details

Square Feet
  • 3134

Bedrooms
  • 4

Bathrooms
  • 5

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Heat Pump

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Electric

Basement
  • Has Basement:

    No

  • Basement Type:

    Unfinished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Wood (unspecified)

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 22216

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 2

Style
  • Multi-level

Exterior
  • Wood Siding

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$7,589

$185,000

$498,700

--%

$683,700

2019

$7,589

$185,000

$498,700

--%

$683,700

2018

$7,520

$185,000

$498,700

--%

$683,700

2017

$5,813

$75,000

$439,500

--%

$514,500

2016

$2,300

$75,000

$439,500

--%

$514,500

2014

$2,680

$75,000

$439,500

--%

$514,500

2013

$2,968

$165,000

$568,000

--%

$733,000

0

$0

$165,000

$568,000

--%

$733,000

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Average Home Price in 28604

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$923,832

4 Beds

3.5 Baths

2,846 Sqft

29,621 Lot (sqft)

Sold 06/05/2026

$1,241,971

3 Beds

3.5 Baths

3,454 Sqft

12,632 Lot (sqft)

Sold 05/27/2026

$2,730,653

4 Beds

4.5 Baths

3,525 Sqft

64,469 Lot (sqft)

Sold 10/13/2026

$875,000

3 Beds

2 Baths

2,748 Sqft

19,166 Lot (sqft)

Sold 10/13/2026

$671,411

5 Beds

3 Baths

2,932 Sqft

65,340 Lot (sqft)

Sold 10/13/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,200,000
$
Down payment
240,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
7,200
$
HOA (Monthly)
0
$
PMI
0
$
$7,768
Your Payment
Total Monthly Payment:$7,768
Percent of Income:133%
Affordable:No

Details for 50 HANGING ROCK KNOLL PL

Property Debt

Foreclosure Contact Details

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