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404 Silver Eagle Trail, Banner Elk, NC, 28604

5beds
5baths
4,959sqft
$3,650,000
$736price/sqft
$21,022/moest. monthly cost
$840,880/yrincome needed

About This Home

The Belvédère. Designed for the view. Built for the moment. Set high within Eagles Nest, this modern mountain retreat captures the kind of long-range, layered Blue Ridge views that rarely come available. Positioned within the community’s coveted Sunset Section, this home is oriented to take full advantage of golden hour, where the ridgelines glow and the sky settles into a nightly show that never repeats itself. At over 4,000 feet in elevation, mornings begin above the clouds and evenings transition into unobstructed sunsets stretching across state lines. Situated on approximately 1.2 acres, the home offers nearly 5,000 square feet of thoughtfully designed living space, with floor-to-ceiling glass framing the landscape from nearly every room. Natural materials including white pine ceilings, exposed beams, and stone accents bring warmth and balance to the modern architecture. The kitchen is both functional and refined, centered around a marble waterfall island, premium appliances, and a layout designed to flow seamlessly into the main living and dining spaces. The primary suite on the main level is quietly tucked away, offering a spa-like bath and uninterrupted mountain views. The lower level is built for hosting, complete with a custom bar, media and game space, and additional guest accommodations. Expansive covered decks extend the living experience outdoors, anchored by a hot tub and multiple vantage points to take in the surrounding ridgelines. Extensive landscaping, integrated lighting, and carefully placed stonework create a strong sense of arrival while maintaining a natural, elevated setting. Ownership here extends beyond the home itself. Within Eagles Nest, a private, gated mountain enclave, residents have access to a curated collection of amenities designed for a more refined outdoor lifestyle. Enjoy private access to the Elk River for world-class trout fishing, dining at Epic Chophouse, and gathering at the Sportsman’s Lodge. The community also features a private winery, miles of maintained UTV and hiking trails, a state-of-the-art fitness center, outdoor amphitheater, and even a dedicated helipad for seamless arrival and departure. This is a setting built for those who value privacy, access, and experience at a higher level. A rare opportunity to own a true view-driven property in one of the most sought-after sections of Eagles Nest.

Getting Around

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

Schools

7/10
5/10
Cranberry Middle SchoolGrades 6-84.0 mi
4/10
Avery County High SchoolGrades 9-128.6 mi

Construction

Condition

  • Year built: 2025

Materials

  • Roof: Metal
  • Construction materials: Other,Stone,See Remarks,Wood Siding,Wood Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary,Mountain
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Exhaust Fan,Electric Water Heater,Disposal,Gas Range,Gas Water Heater,Microwave,Refrigerator,Tankless Water Heater,Washer
  • Laundry features: Main Level

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Wet Bar,Carbon Monoxide Detector,Furnished,Hot Tub/Spa,Vaulted Ceiling(s)
  • Fireplace features: Gas,Stone,Vented,Propane
  • Fireplace: Yes
  • Finished area below ground: 2,055
  • Finished area above ground: 2,904

Heating & Cooling

  • Heating features: Electric,Forced Air,Fireplace(s),Heat Pump,Hot Water,Propane,Zoned
  • Cooling features: Electric,3+ Units,Zoned

Interior Area

  • Total structure area: 4,959
  • Total interior livable area: 4,959 sqft

Property

Details

  • Parcel number: 19300072607200000

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Multiple,Patio,Stone,Wrap Around
  • Exterior features: Fence,Hot Tub/Spa
  • Has spa: Yes
  • Spa features: Hot Tub
  • Fencing: Partial
  • Has view: Yes
  • View description: Long Range,Mountain(s),Southern Exposure
  • Waterfront features: Pond

Lot

  • Lot size: 1.20 Acres

Parking

  • Total spaces: 2
  • Parking features: Asphalt,Attached,Driveway,Garage,Two Car Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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 $18,456$221,472
Home Insurance *$980$11,760
Property Taxes $1,125$13,500
Electricity $461$5,542
Total$21,022$252,264
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$720,754/yr
40% on housing$630,660/yr
45% on housing$560,586/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

$736This listing

vs Other Active Listings

Avg $/sqft

ZIP 28604$289
Avery County$282

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
2026-04-17Listed for sale$4,250,000
2026-04-01Listing removed$4,250,000
2026-03-04Price change$4,250,000
2025-10-08Listed for sale$4,500,000
2025-03-24Listing removed$3,800,000
2024-10-28Listed for sale$3,800,000

For Sale by Agent

AgentJoshua Dearing
BrokerageSERHANT

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