224 Chestnut Trail, Banner Elk, NC 28604 (MLS # 262922)

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PRICE $6,500,000 dsIDX morgage calculator
BEDS 4
BATHS 7
HOME SIZE 6,866 sqft
LOT SIZE 4.28 ac

This one-of-a-kind estate home in the exclusive Elk River Club enclave beautifully blends monumental, hand-crafted mountain architecture with refined, contemporary finishes. Prominently positioned on an ultra-private cul-de-sac, the residence features a striking exterior of native field stone and cedar siding framed by a grand cobblestone motor court. Designed for a world-class vehicular collection, the fully climate-controlled, heated, and air-conditioned garage is equipped with custom electric screens that seamlessly drop down when the garage doors are open, creating a pristine, versatile environment. For ultimate peace of mind, the entire estate is supported by a comprehensive, whole-house generator. Inside, the main level boasts warm traditional mahogany walls, Brazilian cherry hardwood floors, and a palatial primary suite complete with a stone fireplace and private study adorned with hand-applied genuine gold leaf. This level of meticulous, bespoke craftsmanship ensures that no detail has been overlooked in creating an environment of unparalleled prestige. For leisure and hosting, the lower level has been transformed into a premier, multi-functional space. Boasting a relaxed family room, a dedicated movie room, and a beautifully appointed full bath, this floor features a kitchenette complete with a microwave, refrigerator, and dishwasher drawer. This self-contained layout functions effortlessly as a private guest suite. Guests are equally accommodated across three additional upper-level suites, ensuring the estate hosts large-scale family gatherings with ease. The interior living spaces connect to the outdoors, where an enchanting morning room offers pristine mountain views through expansive floor-to-ceiling glass. Outside, the property transforms into a secure four-acre botanical wonderland showcasing eight spectacular waterfalls, shimmering ponds, and winding cobblestone trails. This masterfully engineered estate effortlessly harmonizes the grandeur of its natural surroundings with the elite security and seclusion demanded by the modern connoisseur. Ultimately, acquiring this magnificent, generational asset represents far more than a real estate transaction; it offers the rare fulfillment of a true mountain lifestyle dream.

DAYS ON MARKET 2 LAST UPDATED 7/2/2026
TRACT Elk River YEAR BUILT 1993
COMMUNITY 8-Banner Elk GARAGE SPACES 2.0
COUNTY Avery STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Banner Elk
High School Avery County


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Double Oven, Electric Cooktop, Electric Water Heater, Microwave, Refrigerator
AREA 8-Banner Elk
BASEMENT Crawl Space
CONSTRUCTION Frame, Stone, Wood Siding
FIREPLACE Yes
GARAGE Attached Garage, Yes
HEAT Electric, Fireplace(s), Forced Air, Heat Pump, Propane
HOA DUES 6505
INTERIOR High Speed Internet, Vaulted Ceiling(s), Wet Bar
LOT 4.28 acre(s)
LOT DESCRIPTION Waterfall
LOT DIMENSIONS 4.28
PARKING Attached, Driveway, Garage, Oversized
POOL DESCRIPTION Community
STORIES 3+
STYLE Traditional
SUBDIVISION Elk River
TAXES 7386.81
VIEW Yes
VIEW DESCRIPTION Mountain(s)
WATERFRONT Yes
WATERFRONT DESCRIPTION Pond
ZONING Residential
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by Richard Foster, Elk River Realty, 828-898-9777

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