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$1,599,000

Beds
4
Baths
4.0
sq ft
3,567

668 Pigeon Roost Rd, Banner Elk, NC 28604

668 Pigeon Roost Rd

Banner Elk, NC 28604

  • 24 days on market
    • Price drop $100,000↓
Nestled on a sprawling 19-acres, this exceptional 3,567-square-foot home offers the ultimate in privacy and mountain living with so much potential. Located in the serene, picturesque community of Banner Elk, this mountain retreat boasts breathtaking long-range layered mountain views that will take your breath away. Step inside to find a meticulously crafted interior with spacious living areas, four en-suite bedrooms, four full baths and abundant natural light. The open-concept floor plan seamlessly blends modern elegance with rustic charm, featuring a gourmet kitchen, living room with a gas fireplace and multiple spaces designed for relaxation and entertaining, both inside and out. Each bedroom has an en-suite bathroom with double sinks providing plenty of space for family, friends and guests. The home’s lower level features an additional sleeping area and a versatile bonus room currently used as a game room with access to the rear patio, backyard, mountain views and hot tub. Outside, you’ll find an array of outdoor living spaces, including a large deck and patio, ideal for enjoying the fresh mountain air or entertaining guests while soaking in the stunning views. With 19+ acres of private land to explore, you can enjoy hiking, wildlife watching, camping, ATVing and the peaceful solitude of mountain living. Property is comprised of four separate, adjacent lots totaling over 19 acres with endless possibilities - create an estate, family compound, sell some off, keep it all for your enjoyment or use as a short or long term rental property. Just minutes away from the charming town of Banner Elk, this home offers the perfect combination of seclusion and convenience. Whether you’re looking for a full-time residence, seasonal getaway, investment property or development opportunity, this one of a kind property is the epitome of mountain living you don't want to miss.

Details

Property type

Single Family Residence

Est. home value

$933,080

Lot size

19.01 acres

Price per sq ft

$449

Year built

1998

Annual property taxes

$3,628

HOA

No

Price History

04/07/2025
HighCountry

HighCountry #254187

Price change
$1,599,000
-5.89%
03/13/2025
HighCountry

HighCountry #254187

Listed
$1,699,000
-9.39%
08/20/2024
HighCountry

HighCountry #250850

Removed
$1,875,000

Schools & Community

Elementary school: 

Valle Crucis

Middle school: 

Unknown

High school: 

Watauga

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

Central Trust Bank

Loan start date

November 2021

Original loan amount

$460,000

Est. remaining balance

$426,887

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Cyril Mathew and Reni Mathew

Lender

United Wholesale Mortgage

Loan start date

December 2019

Original loan amount

$465,200

Est. remaining balance

$415,198

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Cyril Mathew and Reni Mathew

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?

Status: Active

Tomo last checked: 04/07/2025 at 9:50 AM

Listing updated: 04/07/2025 at 7:51 AM

Listed by: William Kelly, Allen Tate Real Estate - Blowing Rock Phone #: (828) 295-7337

MLS: HighCountry #254187

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