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750 Silver Springs Dr W #43, Banner Elk, NC, 28604

4beds
4baths
3,285sqft
$1,600,000
$487price/sqft
$9,317/moest. monthly cost
$372,680/yrincome needed

About This Home

Located in the gated community, Silver Springs Farm Estates, NEW CONSTRUCTION & MOVE-IN READY! 3,285 heated living area with 4 bedrooms (2 on the main level, 2 on the lower level), 4 full bathrooms, 3 car garage with ample storage, over 1,200 square feet of outdoor space including main level porte-cochere, main and lower level covered porches with majestic mountain & neighborhood pond views, 2 fireplaces, multiple floor to ceiling sliding glass doors & designer selections throughout. Main level features Chef's kitchen with custom solid wood cabinets, stainless steel appliances, farmhouse sink & dining room overlooking vaulted living room with floor to ceiling doors & windows, gas fireplace & sliding glass doors leading to covered porch desirable for indoor/outdoor living year-round. Primary suite with incredible mountain views, access to porch & 2 walk-in closets with custom, designer finishes. Primary bathroom with double vanities & backlit mirrors, soaking bathtub, shower & water closet. Secondary bedroom & full bathroom on main level. Basement features 2 bedrooms, 2 full bathrooms, laundry room with sink, family/game room with gas fireplace, sliding glass doors leading to covered porch. All bedroom closets have custom, designer finishes. 3 car garage with ample storage, natural gas, outdoor fire pit & more. Located within 1 mile of Banner Elk, accessible to High Country’s finest for all 4 seasons!

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

8/10
5/10
Cranberry Middle SchoolGrades 6-84.3 mi
3/10
Avery County High SchoolGrades 9-126.9 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2024

Materials

  • Construction materials: Cedar Shake,Wood,Other

Other

  • Builder name: Vonco Construction

Type & Style

  • Home type: SingleFamily
  • Architectural style: Farmhouse,Transitional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Exhaust Hood,Freezer,Gas Range,Gas Water Heater,Microwave,Refrigerator,Tankless Water Heater
  • Laundry features: In Basement,Laundry Room

Basement

  • Has basement: Yes
  • Basement: Basement Garage Door,Finished,Storage Space

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Basement

Bathroom Full

  • Level: Basement

Bedroom S

  • Features: En Suite Bathroom,Open Floorplan,Split BR Plan,Walk-In Closet(s)
  • Level: Main

Bedroom S

  • Features: Split BR Plan,Walk-In Closet(s)
  • Level: Basement

Bedroom S

  • Features: Split BR Plan
  • Level: Basement

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bedrooms: 2

Bonus Room

  • Level: Basement

Dining Room

  • Features: Open Floorplan
  • Level: Main

Features

  • Soaking Tub,Kitchen Island,Open Floorplan,Pantry,Storage,Walk-In Closet(s)
  • Door features: Sliding Doors
  • Flooring: Tile,Wood
  • Fireplace features: Bonus Room,Gas Unvented,Living Room
  • Finished area below ground: 1,567
  • Finished area above ground: 1,718

Heating & Cooling

  • Heating features: Heat Pump,Natural Gas
  • Cooling features: Ceiling Fan(s),Electric,Heat Pump

Interior Area

  • Total structure area: 1,718
  • Total interior livable area: 3,285 sqft

Kitchen

  • Features: Kitchen Island,Open Floorplan
  • Level: Main

Laundry

  • Features: Storage
  • Level: Basement

Living Room

  • Features: Open Floorplan,Vaulted Ceiling(s)
  • Level: Main

Primary Bedroom

  • Features: En Suite Bathroom,Open Floorplan,Split BR Plan,Walk-In Closet(s)
  • Level: Main

Property

Details

  • Parcel number: 18490061681500000
  • Zoning: RES
  • Special condition: Estate

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Deck,Front Porch,Porch
  • Exterior features: Fire Pit,Porte-cochere
  • Has view: Yes
  • View description: Long Range,Mountain(s),Water,Year Round
  • Has water view: Yes
  • Water view: Water

Lot

  • Lot size: 0.95 Acres
  • Features: Paved,Private,Sloped,Wooded,Views

Parking

  • Total spaces: 3
  • Parking features: Driveway,Attached Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Landslide
    LandslideModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Cold Wave
Inland Flooding
Ice Storm
Strong Wind
Hail
Landslide
Tornado
Winter Weather

FEMA Declared Disasters in Avery County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,090$97,080
Home Insurance *$429$5,148
Property Taxes $493$5,916
Electricity $305$3,671
Total$9,317$111,804
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$319,440/yr
40% on housing$279,510/yr
45% on housing$248,453/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.4%
1.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$487This listing

vs Other Active Listings

Avg $/sqft

ZIP 28604$292
Avery County$285

vs Homes Sold Last Month

Median $/sqft

ZIP 28604$365
Avery County$290

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-29Listed for sale$1,600,000
2026-04-22Listing removed$1,550,000
2025-09-06Price change$1,550,000
2025-05-22Price change$1,499,000
2024-07-13Listed for sale$1,600,000

New Construction

AgentJackie Judge
BrokerageRE/MAX Executive

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