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David Garner

davidgarner31@yahoo.com +1(704) 239-3792

$ 3,850,000

Est. payment -/mo

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774 Aldridge RD Banner Elk, NC 28604

7 Beds

7 Baths

6,628 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 6,628 sqft

Price per Sqft $580

MLS Listing ID 262903

Style Contemporary,Mountain

Bedrooms 7

Full Baths 6

Half Baths 1

HOA Y/N No

Abv Grd Liv Area 3,750

Year Built 1976

Annual Tax Amount $2,241

Lot Size 17.649 Acres

Acres 17.649

Property Sub-Type Single Family Residence

Property Description

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.

Location

State NC

County Watauga

Community Long Term Rental Allowed, Short Term Rental Allowed

Area 5-Watauga, Shawneehaw

Rooms

Basement Exterior Entry, Finished, Interior Entry, Walk-Out Access

Interior

Interior Features Cathedral Ceiling(s), Furnished, Hot Tub/Spa, Home Theater, Vaulted Ceiling(s), Window Treatments

Heating Electric, Fireplace(s), Heat Pump, Zoned

Cooling Central Air, Heat Pump, Zoned

Fireplaces Type Other, See Remarks, Stone, Propane

Fireplace Yes

Appliance Built-In Oven, Double Oven, Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Gas Range, Refrigerator, Tankless Water Heater, Washer, Water Heater

Laundry In Basement, Main Level

Exterior

Exterior Feature Fence, Fire Pit, Hot Tub/Spa, Out Building(s), Storage, Paved Driveway

Parking Features Asphalt, Driveway, No Garage, Paved, Private

Fence Partial

Community Features Long Term Rental Allowed, Short Term Rental Allowed

Utilities Available Cable Available, High Speed Internet Available, Septic Available

Waterfront Description Pond

View Y/N Yes

Water Access Desc Private,Well

View Long Range, Mountain(s), Trees/Woods

Roof Type Asphalt,Shingle

Porch Multiple, Wrap Around

Building

Lot Description Waterfall

Story 2

Entry Level Two

Foundation Basement

Sewer Septic Permit 5 or More Bedroom, Septic Tank

Water Private, Well

Architectural Style Contemporary, Mountain

Level or Stories Two

Additional Building Outbuilding

Schools

Elementary Schools Valle Crucis

Middle Schools None

High Schools Watauga

Others

Tax ID 1878-72-6534-000

Acceptable Financing Cash, Conventional, New Loan

Listing Terms Cash, Conventional, New Loan

Listed by Lyons Construction And Realty, Inc.

NEARBY SCHOOLS & PROPERTIES

David Garner

+1(704) 239-3792

David Garner

774 Aldridge RD Banner Elk, NC 28604

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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