Ashe High Country Realty
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731 River Run

260022 Days on Market: 7

5
Beds

5
Baths

3470
Sqft

2.700
Acres

$1,595,000

For Sale

RIVER RUN AT BANNER ELK - A PRIVATE BLUE RIDGE TURN KEY RETREAT WITH FAMOUS ELK RIVER ACCESS – TROPHY TROUT FISHING,SWIMMING & PRIVATE TRAILS !! A SHORT DRIVE TO TWO OF NORTH CAROLINA'S BEST SKI RESORTS, SUGAR MOUNTAIN AND BEECH MOUNTAIN! CLOSE TO WATAUGA LAKE & ELK FALLS. NESTLED BETWEEN THE PRESTIGIOUS ELK RIVER COUNTRY CLUB AND FAMOUS EAGLES NEST. VERY RARE OPORTUNITY IN THIS SOUGHT AFTER COMMUNITY MINUTES FROM DOWNTOWN BANNER ELK. RECENTLY RENOVATED AND EXPANDED WITH 5 BEDROOMS AND 5 FULL BATHROOMS THIS IS LIKE A NEW HOME WITH HIGH END FINISHES! LONG RANGE MOUNTAIN VIEWS !! Perfectly positioned just minutes from the storybook town of Banner Elk, this exceptional five-suite residence offers over 3,400 square feet of refined living space, breathtaking long-range mountain views, and rare access to the pristine Elk River—one of the High Country’s most treasured natural amenities. From the moment you arrive, the home’s elevated setting and sweeping vistas create an immediate sense of peace and privacy. Inside, the main living level is designed to capture the beauty of its surroundings, featuring soaring tongue-and-groove ceilings and a dramatic wall of windows framing panoramic views. Gather around the wood burning fireplace. Natural light fills the space, creating an atmosphere that is both grand and inviting—ideal for entertaining guests or simply relaxing above the clouds. The chef’s kitchen blends timeless design with modern performance, offering elegant quartz countertops, premium gas range, and high-end appliances. Just beyond, the newly added primary suite provides a true owner’s retreat, complete with private deck access, a serene sitting area, and uninterrupted mountain views. The spa-inspired bath offers a designer trough basin, a glass-enclosed walk-in shower and soaking tub positioned to take in the surrounding landscape—creating a daily experience of quiet luxury. The lower level is designed for hosting and gathering, featuring a spacious family and game room with custom live-edge bar, electric in-wall fireplace, and direct access to outdoor living areas. Three additional guest suites, each with private baths, ensure exceptional comfort and privacy for family and visitors. Outdoor living is central to the River Run lifestyle. Expansive decks, a private firepit gathering area, and rare usable acreage provide space to unwind, explore, and connect with nature. Hiking and biking trails on your own property. Whether enjoying cool summer evenings, vibrant fall colors, or peaceful winter snowfall, this home offers a year-round retreat from the intensity of coastal and urban environments. River Run residents enjoy exclusive access to the Elk River, renowned for trophy fly fishing, swimming holes, and scenic picnic areas—all just moments from the home. The gated setting provides both privacy and security, while remaining convenient to Banner Elk’s fine dining, boutique shopping, wineries, golf, skiing, and country clubs. With its recent permitted expansion in 2025, five private bedroom suites, and turnkey condition, this residence is ideally suited as a luxury mountain retreat, seasonal escape, or legacy property to be enjoyed for generations. This prime location is close to Watauga Lake Grandfather Mountain, Linville Gorge, Boone and Blowing Rock offering numerous cultural activities restaurants and more. This is more than a home - it is a place to slow down, reconnect, and experience the very best of Blue Ridge Mountain living.

Listing ID:

260022

Property Type:

Single Family

Year Built:

2000

Bedrooms:

5

Bathrooms:

5 Full, 0 Half

Sqft:

3470

Acres:

2.700

Garage/Carport:

1

Map

Latitude: 36.175574   Longitude: -81.923156

Location & Neighborhood

City: Banner Elk

County: Avery

Area: 8-Banner Elk

Subdivision: River Run

Environment

Utilities & Features

Heat: Ductless, Forced Air, Fireplaces, Propane

Sewer: Septic Permit5 Or More Bedroom

Utilities: Cable Available, High Speed Internet Available

Appliances: Dryer, Dishwasher, Electric Water Heater, Gas Range, Microwave Hood Fan, Microwave, Refrigerator, Washer

Parking: Attached, Driveway, Garage, One Car Garage, Gravel, Private

Interior

Fireplace: One, Wood Burning

Windows: Double Pane Windows

Sqft Living Area Above Ground: 3470

Sqft Total Living Area: 3470

Exterior

Exterior: Fire Pit, Gravel Driveway

Style: Mountain

Construction

Construction: Hardboard, Wood Siding, Wood Frame

Garage: 1

Roof: Asphalt, Shingle

Financial

Property Taxes: $1,726

Other

Price Per Sqft: $460

Price Per Acre: $590,741

731 River Run, Banner Elk, NC 28604

Call 336-246-6348

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Listing Courtesy of EXP Realty LLC

The data relating this real estate listing comes in part from the High Country Multiple Listing Service ®. Real estate listings held by brokerage firms other than the owner of this website are marked with the MLS IDX logo and information about them includes the name of the listing broker. The information appearing herein has not been verified by the High Country Association of REALTORS or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing on this website, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose -- the information is believed accurate but not warranted.

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