5742 NC Highway 194 None, Banner Elk NC

  • 6 Bed
  • 7 Bath
  • 3825 ft2
  • 15.2 ac

For Sale $4,900,000

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Remarks:

The Castle at Valle Crucis: This extraordinary compound features the rare assemblage of over 15 acres near the heart of the desirable Valle Crucis community, with a unique and majestic English Manor home with long-range, layered views of the surrounding Blue Ridge Mountains and pastures of Valle Crucis. Designed as a true replica of a Manor in Great Britain by William McLaughren, this one-of-a-kind estate features stone and building materials from around the world, as well as antique features and furnishings such as 17th to 19th century fireplaces, 500+ year-old arched entry doors from an English church, and even a chandelier imported from Princeton University, among others - see features list for more details on this unique offering. Resting at an elevation of over 3,400 feet, the property overlooks Grandfather Mountain and Howard's Knob, but features access off a paved, state-maintained road and is just 15 minutes from Boone, Banner Elk, and ski slopes at Sugar Mountain. With an impressive rental history, this home is offered fully furnished while in an established rental program, providing incredible investment potential, but would also make for a perfect mountain getaway or full-time residence. From the stone patio at the front of the home, step into the formal foyer with 24-foot soaring ceilings, adjacent to the large Great Room with a stone fireplace, antique chandeliers, and access to a covered stone patio- also with a fireplace and offering a hot tub & long-range, layered views. The chef's kitchen, also with a fireplace, offers granite counters, high-end stainless steel appliances, a dining area, and a walk-in pantry, and is adjacent to a sunroom/observatory with vaulted ceilings and a spacious laundry room with access to the oversized, two-car attached garage. The walk-in level also features a library and billiards room able to house 1,800 books (and with a plaster tracery ceiling imported from Great Britain), a formal dining room, a half bath, and a bedroom with an ensuite bathroom (one-level living!). Upstairs, the primary suite offers a private stone balcony, fireplace, walk-in closet, and bathroom with dual vanities, a soaking tub, and a tiled shower. Four additional suites exist on the second level (one also with a private stone balcony, and two being a Jack-n-Jill suite connected by one bathroom). Mahogany doors throughout were imported from England and are over 100 years old, adding antique charm, while modern amenities like an elevator to the first and second levels offer comfort and convenience. Upstairs, on the third level, find a spacious living room with game tables, a theater area, and an exercise area, along with a half bath. Additional amenities: 12-foot ceilings throughout, whole-house generator, interior & exterior sound system, water filtration system, whole-house generator, air scrubber & UV light for HVAC system. The existing driveway is fairly steep and winding; the seller is in the process of starting construction on a new portion of the driveway to eliminate the steepest turns.

Exterior Features:

Hot Tub, Other - See Remarks

Interior Features:

Attic Finished, Built-in Features, Elevator, Entrance Foyer, Kitchen Island, Walk-In Closet(s), Other - See Remarks

General Information:

List Price: $4,900,000
Status: For Sale
Bedrooms: 6
Type: Single Family Residence
Approx Sq. Ft.: 3825 sqft
Parking: Attached Garage
MLS Number: CAR4309269
Subdivision: None
Style: European
Bathrooms: 7
Year Built: 2006
Sewer Type: Septic Installed

Assigned Schools:

Elementary: Valle Crucis
Middle: Watauga
High: Watauga

Price & Sales History

Date Event Price $/SQFT
11-25-2025 Listed $4,900,000 $1,282

Nearby Schools

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

School Name Distance Grades Rating
Valle Crucis Elementary 2 miles PK-05 8
Grandfather Academy 5 miles 01-07 1
Cove Creek Elementary 5 miles PK-05 7
Bethel Elementary 7 miles KG-06 5
Hardin Park Elementary 8 miles PK-05 9
Blowing Rock Elementary 8 miles KG-06 10

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

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Street Address Distance Status List Price Days on Market
5742 NC Highway 194 None, Banner Elk NC 0 mi $4,900,000 days
4584 & 4582 NC Highway 194 None, Banner Elk NC 0.9 mi $1,499,000 days
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Sold Properties Nearby

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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 Berkshire Hathaway HomeServices Vincent Properties

    5742 NC Highway 194 None, Banner Elk NC is a 3825 ft2 on a 15.211 acres Appraisal lot. This is for $4,900,000. This has 6 bedrooms, 7 baths, and was built in 2006.

    Based on information submitted to the MLS GRID as of 2025-11-25 12:06:09 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.