774 Aldridge Road, Banner Elk, NC

$3,850,000

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7

Beds

7

Baths

6,628

Square feet

17.65

Acres

About 774 Aldridge Road

An exciting new chapter has been written for the High Country's Hemingway Estate. Magnificent, upscale total house transformation for this ridge top estate with almost 18 acres, panoramic long range mountain views and convenient location.  Sellers smartly chose to pay high cost for recently changing 4 BR septic field to 7 BR septic operating permit for this impressive 6600+ sq.ft. 7 BR, 6.5 BA practically new residence...this greatly increased value and expanded high grossing rental marketability by unlocking the Hemingway Estate's full capacity and establishing it as one of the rare large-group accommodations in the NC High Country. Rental income has escalated in two years with projections of $400K plus this year and it's no wonder that vacationers are paying high fees to enjoy this incredible estate - gutted, rebuilt, large chef's kitchen with seating for 16 has two spacious living rooms with fireplaces on either side of kitchen, all new bathrooms, remodeled bedrooms, luxury vinyl plank flooring, lower level converted to include private cinema, dedicated game room, two more bedrooms, second laundry, 2.5 baths. Updated mechanicals includes new HVAC, tankless water heaters. Front yard has courtyard adjoining koi pond with 65 ft. cascading landscape waterfall. Private setting offers exclusivity, peace and quiet. Not in a subdivision - no restrictive covenants - no POA. Important value is added to this estate with the lower section of the 18+/- acres that can be easily subdivided into several gentle building sites with state road frontage - build more rental cabins or create a larger family compound. Continue with rentals to offset some expenses or preserve some/all of the time for comfort and enjoyment for you and your extended family and friends. Popular rental for wedding guests, family or college reunions, multi-generational vacations, corporate retreats, football weekends. Abundant natural light flows throughout from the many large windows creating uplifting interiors throughout.  Elegant primary BR suite on main floor has fireplace, sitting areas, long range mountain views, luxurious spa bath. Fantastic game room for kids of all ages with home theater, video gaming room nook, poker/game table, foosball, air hockey, pinball and MORE! Four fireplaces, two laundry rooms. Turnkey estate is fully furnished and completely outfitted for rentals. Outdoor spa hot tub retreat on secluded covered porch adjoins cozy outdoor seating. Retreat to Hemingway Estate with convenient access to Boone, Banner Elk, Parkway, Blowing Rock. Ski, snowboard, hike, bike, golf, fish - all close by. No drive-bys. Shown by appointment only. Do not disturb vacation renters. Property is popular rental with heavy bookings - can only be shown when property is not rented. Heavy bookings on long weekends and full weeks.

Features of 774 Aldridge Road

MLS® # 259141
Price $3,850,000
Bedrooms 7
Bathrooms 7.00
Full Baths 6
Half Baths 1
Square Footage 6,628
Acres 17.65
Year Built 1976
Type Residential
Sub-Type Single Family Residence
Style Contemporary, Mountain
Status Active

Community Information

Address 774 Aldridge Road
Area 5-Watauga, Shawneehaw
Subdivision None
City Banner Elk
County Watauga
Province NC
Postal Code 28604

Amenities

Utilities Cable Available, High Speed Internet Available, Septic Available
Features Waterfall
Parking Asphalt, Driveway, No Garage, Paved, Private
Garages Asphalt, Driveway, No Garage, Paved, Private
View Long Range, Mountain(s), Trees/Woods
Is Waterfront No
Waterfront Pond
Has Pool No

Interior

Interior Features Cathedral Ceiling(s), Furnished, Hot Tub/Spa, Home Theater, Vaulted Ceiling(s), Window Treatments
Appliances Built-In Oven, Double Oven, Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Gas Range, Refrigerator, Tankless Water Heater, Washer, Water Heater
Heating Electric, Fireplace(s), Heat Pump, Zoned
Cooling Central Air, Heat Pump, Zoned
Fireplace Yes
Fireplaces Other, See Remarks, Stone, Propane
# of Stories 2
Stories Two
Has Basement Yes
Basement Exterior Entry, Finished, Interior Entry, Walk-Out Access

Exterior

Exterior Masonry, Shake Siding, Stone, Wood Siding, Wood Frame
Exterior Features Fence, Fire Pit, Hot Tub/Spa, Out Building(s), Storage, Paved Driveway
Lot Description Waterfall
Windows Window Treatments
Roof Asphalt, Shingle
Construction Masonry, Shake Siding, Stone, Wood Siding, Wood Frame
Foundation Basement

School Information

Elementary Valle Crucis
Middle None
High Watauga

Additional Information

Date Listed November 27th, 2025
Days on Market 135
Short Sale No
RE / Bank Owned No

Listing Details

OfficeLyons Construction And Realty, Inc.
Contact Inforobbie.sharrett@gmail.com

Listing Map

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