Custom-Built Luxury Home, Spectacular Elk River Property Views
Approximately 4,148 Total Square Footage
3,080 Heated sf/1,068 Unheated sf (per Avery County Tax Office)
Approximately 3.86 Acre Site
Built in 1999
4 Bedrooms
4 Full Baths, 1 Half Bath
2-Car Garage
Flagstone Walkway
Covered Entry Porch
Tongue-and-Groove Pine Paneled Ceilings
Grandly-Scaled Fieldstone Fireplace
Elegant Formal Dining Room
Lavish Main Level Master Suite with His and Her Baths
Three Guest Suites, Two with Private Balconies
Spectacular Deck with Awesome Views of Elk River Property
Meticulously Landscaped with Native Plants and Shrubs
Located in the Exclusive Elk River Country Club
Jack Nicklaus-Designed 18-hole Championship Golf Course
Equestrian Center with Saddle Club and Stables
Private Jetport
Tennis and Fitness Club
Well-appointed Clubhouse and Pool
Tax Information:
2011 Avery County Taxes - $3,926.44
* 2012 Taxes to be Pro-Rated at Closing *
School Information:
Banner Elk Elementary School
Avery Middle School
Avery High School
Utilities Available:
Electricity – Provided by Mountain Electric Cooperative
Water – Provided by Utilities, Inc.
Sewer - Provided by Utilities, Inc.
Propane Gas
Telephone – Provided by Skyline Telephone
Cable – Provided by Charter Cable
Additional Information:
The property is located outside the city limits of Banner Elk, and therefore is not subject to any zoning regulations. However, the property must adhere to the rules and regulations set forth in the Declaration of Covenants and Restrictions for Elk River Club.
The Golf Membership initiation fee for the Elk River Club is $65,000 and the Annual Club Dues are $11,100 (Subject to Change). Membership is by invitation only and is limited to 265 golfing members. Membership includes access to the Equestrian Center, Tennis Facilities, Pool, Clubhouse, Fitness Center and other club amenities.
All new property owners are required to pay $5,500 to the Property Owners Association at the time of their first purchase. Annual POA dues on this property are $3,708.
Additional fees include a $1,000.00 annual Capital Dues Fee and a $750.00 annual Service Charge. The Elk River Club has no dining minimums and is a non-tipping club.
Please visit elkriverpoa.com for additional information regarding the Property Owners Association or to view the Elk River Club’s By-Laws and Declaration of Covenants and Restrictions.
The Property is subject to a “right of first refusal” contained in the Declaration of Restrictions for Elk River Development that allows the Elk River Property Owners’ Association, Inc., Elk River Holdings, LLC, or both, as the first-refusal option holder(s), thirty (30) days from the option holder(s)’ receipt of written notice of a bona fide offer to purchase acceptable to the Seller in which to choose to exercise the first refusal right by matching the terms of the bona fide offer. Should such an exercise of first refusal rights occur following the Auction sale to Buyer, the Seller shall pay to Buyer the sum of Five Thousand Dollars ($5,000.00) as full and final compensation for the loss of the Buyer’s purchase opportunity.
About Elk River Club
Directions: From Banner Elk, travel west on N. Carolina 194 (Banner Elk Hwy.) to Elk River Club on left. Take first left toward Elk Knob Drive and destination will be on the right.
