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John KurtzCharlotte · NC

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Elk Park · Elk Park, NC

5023 Elk Park Highway

Elk Park, NC · 2,636 sqft

$1,675,000

Reduced from $1,750,000

  • 4Beds
  • 2.5Baths
  • 2,636SqFt
  • 2000Year
  • 174Days on market

About this home

Ever wanted your own estate? Well this is it! This exquisite log home is sitting on 101.60 acres. The home has 3 or 4 bedrooms, two full baths with beautiful hardwood floors, large stone wood burning fireplace, granite countertops, custom cabinets and large rooms with soaring ceilings. There is a loft overlooking the great room that could be a fourth bedroom. Walk through a short breezeway into an oversized two car garage with a finished/heated/cooled area upstairs with a 1/2 bath. This could be a great hobby room, office, game room or convert the 1/2 bath to a full and use if for a guest suite or a rental unit. The drive into the house is like a park with two small streams, one on each side of the driveway. When you are almost to the house there is a small waterfall where you could make a great picnic/family gathering area. There are no restrictions on this property so you can let your imagination roam and your dreams of being in the mountains come true. The location is an approximate ten minute drive to downtown Banner Elk. Centrally located to all are Ski Resorts, Golf Courses, Watauga Lake, Trout fishing, the Appalachian Trail and all of the High Country Amenities that you would expect. This estate sits at an elevation of around 3,300 feet! Properties of this size acreage with a convenient location don't come up very often so you don't want to miss this opportunity. Come enjoy all of the activities, a slower pace and convenience of what our Appalachian Mountains have to offer.

Property details

Beds
4
Baths
2.5
SqFt
2,636
Lot
Year built
2000
Type
Single Family
Days on market
174
Garage
2
Style
Contemporary
Heating
Central, Electric, Forced Air, Propane
Cooling
Ceiling Fan(s), Central Air, Electric, Heat Pump
Foundation
Crawl Space

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$12,327/ month

Principal & interest
$10,373
Property tax (~1.05%)
$1,465
Homeowners insurance
$488
HOA dues

Down payment

$83,750 down · $1,591,250 financed

Income to qualify (28% rule)

~$528,339 / year household

A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.

Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.

Location

Begin the conversation

When you're
ready, so am I.

Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.