Back 514 Raven Ridge Road
Off Market

514 Raven Ridge Road

Banner Elk NC 28604

3
5
2
6574 sq. ft.
5.3 ac.
Single-Family
Last sold for $1,750,000
Richard Foster IIRichard Foster II, last sold this property on 06 October 2025 after -191 days on market.

Overview

Your Pristine Mountain Retreat Awaits. Discover unparalleled luxury and tranquility in this newly renovated, move-in ready home, nestled on 5.3 acres of breathtaking natural beauty. With 3 plus bedrooms and 4.5 baths, this magnificent property offers an exquisite blend of modern comfort and serene privacy, all just waiting for you to unpack and enjoy. Step inside to find a home thoughtfully updated with a new composite roof and elegant tile flooring throughout. Vaulted ceilings create an airy, expansive feel, leading you into a comfortable living room where a wood-burning fireplace promises cozy evenings. The state-of-the-art kitchen is a chef's dream, boasting new cabinets, countertops, and stainless steel appliances, making meal preparation a delight. Adjacent, the spacious dining room provides a picturesque setting for gatherings, offering expansive mountain views that will inspire every meal. The exquisite primary suite is a true sanctuary, featuring a generous layout and a quiet sitting area perfect for unwinding. The luxurious ensuite bath offers a separate shower and a blissful soaking tub, while a private pergola balcony provides the ideal spot for your morning coffee, serenaded by the sounds of nature. Completing the main level is a beautifully decorated guest suite, ensuring comfort and privacy for visitors. The lower level is an entertainer's paradise. A bright sunroom with a wet bar is perfect for hosting, while a Redwood steam sauna and shower offer a spa-like experience at home. A welcoming family room with a fireplace provides another inviting space to relax. The lower level is an entertainer's paradise with a sunroom, wet bar, and a Redwood steam sauna. It includes one additional guest bedroom with an ensuite bath, plus a bonus room with its own full bath, ensuring every guest feels pampered. Outside, an expansive deck offers abundant space for outdoor entertaining, all while soaking in the stunning mountain views and feeling completely immersed in nature. Explore the meticulously manicured gardens and walking paths that wind through the grounds, inviting you to discover every hidden gem. This magnificent property is being offered fully furnished, making your transition seamless and allowing you to immediately start enjoying the mountain lifestyle you've always dreamed of.

Features

3 bedrooms
5 bathrooms
2 carspaces
2 garage spaces
6574 sq. ft. floor area
5.3 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Banner Elk over the last 12 months, the estimated median property value of 514 Raven Ridge Road is $673.75k.

Median value
$673.75k
Estimated value range
$212.5k - $2.15m
Median days on market
87
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Banner Elk. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 514 Raven Ridge Road

2025
Sold
$1,750,000
06 Oct 2025 by Richard Foster II, of Elk River Realty
2021
Sold
$814,000
11 Feb 2021 by Tricia Holloway, of Engel & Volkers Banner Elk

Happy sellers in Banner Elk

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We have insufficient information to provide an overview of customer satisfaction for Banner Elk. Viewing the agent profiles, reviews and sales for Banner Elk can provide insights for this location.

Local market activity for 3 bedroom single-family properties in Banner Elk

In the last 12 months, 143 three-bedroom single-family properties similar to 514 Raven Ridge Road, have been sold.

This represents a 8% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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