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$1,950,000

Beds
4
Baths
4.0
sq ft
4,030

504 Fox Run Road, Banner Elk, NC 28604

504 Fox Run Road

Banner Elk, NC 28604

  • 5 days on market
Welcome to Fox Summit Lodge, where sunrises and sunsets stretch across panoramic views from Grandfather Mountain to Mount Mitchell. Tucked inside the gated community of Fox Run Estates, between Banner Elk and Beech Mountain, this custom-built mountain retreat has been extensively renovated. Designed for comfort and style, this home offers five sleeping areas (four-bedroom septic), four baths and is move-in ready with high-quality furnishings included. The great room welcomes you with soaring vaulted wood ceilings, striking stone fireplace and a wall of windows framing awe-inspiring vistas. New wide-plank wood flooring and newly installed Anderson doors elevate the rustic elegance. The chef’s kitchen is a showstopper featuring granite countertops, large center island, two sinks, gas range with pot filler, stone accent wall, wine cooler and new appliances. The main-level primary suite is a sanctuary featuring mountain views, gas fireplace and spa-inspired bath with heated floors, Jacuzzi bubble tub and walk-in shower. A guest bedroom and full bath complete the main level. Downstairs, the renovated lower level is an entertainer’s dream, offering a family/game room with gas fireplace, three guest bedrooms, two full baths, dedicated bunk room and large storage/workshop area that could easily be finished for additional living or bonus space. Outdoor living takes center stage with two expansive rear decks that showcase jaw-dropping mountain views and includes a cozy upper-level wood-burning fireplace. Notable upgrades include two new HE Bosch HVAC systems with humidifier and new furnace for optimal climate control, interior/exterior Sonos audio system, comprehensive security and fire system, automated blinds and custom drapery throughout, and Wi-Fi thermostats (see attached for list of upgrades). Minutes from skiing, dining and recreation on Beech Mountain but with no city taxes. Club membership NPO eligible, granting access to golf, pool, tennis, fitness center and more.

Details

Property type

Single Family Residence

Est. home value

$1,557,603

Lot size

1.00 acres

Price per sq ft

$484

Year built

2005

Annual property taxes

$3,713

Monthly HOA fee

$66.67

Price History

04/01/2025
HighCountry

HighCountry #252393

Removed
$1,950,000
04/01/2025
HighCountry

HighCountry #254578

Listed
$1,950,000
12/09/2024
HighCountry

HighCountry #252393

Price change
$1,950,000
-11.16%

Schools & Community

Elementary school: 

Banner Elk

Middle school: 

Unknown

High school: 

Avery County

Community features: 

Pool, Fitness Center, Golf, Gated, Tennis Court(s)

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank Of Walterboro

Loan start date

September 2023

Original loan amount

$1,240,000

Est. remaining balance

Not provided

Interest rate

6.9%

Loan type

Commercial, 30 year

Seller

Charles R Woods Jr

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/06/2025 at 8:15 AM

Listing updated: 04/04/2025 at 2:31 PM

Listed by: Jessica Auten, Premier Sotheby's International Realty- Banner Elk Phone #: (828) 898-5022

MLS: HighCountry #254578

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