270 Osprey Drive, Banner Elk NC

  • 5 Bed
  • 6 Bath
  • 3168 ft2
  • 3.2 ac

For Sale $8,499,000

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Welcome to Iron Horse Lodge, a newly constructed custom masterpiece ideally positioned within The Lodges at Eagles Nest, just minutes from downtown Banner Elk and moments from the Great Camp Amphitheater and Epic Chophouse. Thoughtfully designed to capture long-range sunset views over the Blue Ridge Mountains, this exceptional home offers a seamless blend of modern mountain architecture, enduring materials, and refined luxury living. A striking exterior of natural stone, horizontal wood siding, and architectural shingles is accented by standing seam metal roofing and timber columns, creating a warm yet sophisticated presence. Built for longevity, Edge Vesta steel siding is incorporated in hard-to-reach areas for enhanced durability and low maintenance. A custom-engineered foundation with steel beam construction allows for a dramatic cantilevered design—maximizing both structural integrity and panoramic views. Designed as a true primary residence, every detail reflects a no-compromise approach to craftsmanship. The easily accessible driveway offers ample guest parking, complemented by an oversized two-car garage and additional single-car garage. A well-appointed mudroom with built-in laundry, drop zone, and custom dog wash enhances everyday functionality. Inside, oversized glass barn-style doors open to a welcoming foyer, anchored by a wine and cocktail lounge—setting the tone for elevated entertaining. A private office with custom architectural doors leads into an expansive living and dining area, where fully retractable glass doors create a seamless indoor-outdoor experience. Step onto over 2,400 square feet of outdoor decks, thoughtfully designed to take full advantage of the home’s breathtaking sunset views. The chef’s kitchen is outfitted with Thermador Professional Series appliances, dual dishwashers, a wet bar/coffee station with sink and refrigerated drawers, and a fully equipped butler’s pantry with built-in desk, prep space, and abundant storage. The main-level primary suite offers a private retreat with fireplace, coffee bar, beverage fridge, and sink. Expansive windows frame mountain views, while direct deck access leads to a Bullfrog 6+ person hot tub. The spa-inspired bath features a soaking tub, dual-head shower, and double vanities, complemented by a walk-in closet with its own washer and dryer. Upstairs, a second en suite bedroom is joined by an additional bedroom with nursery, hidden door access, and a spacious walk-in closet. A large shared bath includes a soaking tub and dual-head shower, while a covered deck captures elevated mountain vistas. The lower level is where this home truly expands its potential. In addition to a spacious family room, bunkroom suite, full bath, gym, half bath, and wellness room with cold plunge and infrared sauna, the home includes over 1,000+ square feet of additional heated living space currently being completed. Buyers have a rare opportunity to personalize several basement-level spaces—including a theater room and flexible living areas—allowing for customization to suit their lifestyle. Offered fully furnished with select exclusions, Iron Horse Lodge is a rare opportunity to own a professionally designed, luxury mountain retreat—enhanced by expanded living space, customization potential, and exceptional outdoor living—without the wait of new construction. Interior design by Lucy and Company delivers a bold, curated aesthetic recognized in luxury publications.

General Information:

List Price: $8,499,000
Status: For Sale
Bedrooms: 5
Type: Single Family Residence
Approx Sq. Ft.: 3168 sqft
Parking: Driveway, Attached Garage, Garage Faces Front, Garage Faces Side, Keypad Entry
MLS Number: CAR4373242
Subdivision: The Lodges at Eagles Nest
Style: Contemporary
Bathrooms: 6
Year Built: 2025
Sewer Type: Septic Installed

Assigned Schools:

Elementary: Freedom Trail
Middle: Avery County
High: Avery County

Price & Sales History

Date Event Price $/SQFT
06-03-2026 Listed $8,499,000 $2,683
07-23-2025 Listed $315,000 $100

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Grandfather Academy 3 miles 01-07 1
Valle Crucis Elementary 8 miles PK-05 8
Bethel Elementary 9 miles KG-06 5

Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.

Properties For Sale Nearby

Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.

Street Address Distance Status List Price Days on Market
270 Osprey Drive, Banner Elk NC 0 mi $8,499,000 days
92 White Eagle Trail, Banner Elk NC 0.4 mi $1,599,000 days
56 Eagle Cottage Lane, Banner Elk NC 0.7 mi $849,000 days
294 Silver Eagle Trail, Banner Elk NC 0.7 mi $5,950,000 days
404 Silver Eagle Trail, Banner Elk NC 0.8 mi $3,950,000 days
25 and 41 Reuben Wooten Road, Banner Elk NC 0.8 mi $399,000 days
1 to 6 of 9 Result

Sold Properties Nearby

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Street Address Distance Property Type Sold Price Property Details

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  • Down Payment Amount $990,000
    Mortgage Amount $3,960,000
    Monthly Payment (Principal & Interest Only) $19,480

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    Total Monthly Payment $20,941

    Demographic Data For Zip 28604

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    Property Listing Information

    A Courtesy Listing Provided By Ivester Jackson Christie's

    270 Osprey Drive, Banner Elk NC is a 3168 ft2 on a 3.190 acres Appraisal lot. This is for $8,499,000. This has 5 bedrooms, 6 baths, and was built in 2025.

    Based on information submitted to the MLS GRID as of 2026-06-03 09:45:51 EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS. Click here for more information

    Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.