404 Silver Eagle Trail, Banner Elk, NC
$3,650,000 · 5 bedrooms · 5 baths · 4,959 sq ft · built 2025
Listing courtesy of SERHANT (Josh Dearing). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.
About the home
THE BELVÉDÈRE Designed for the View. Built for the Moment. Set high within the coveted Sunset Section of Eagles Nest, The Belvédère is a modern mountain retreat offering extraordinary long-range Blue Ridge views and the flexibility to enjoy it as your private mountain home, a luxury vacation rental, or both. In this highly desirable location, the property offers the potential to generate up to $175,000 in annual rental income, depending on occupancy, management, rental strategy, and community guidelines. At more than 4,000 feet in elevation, mornings often begin above the clouds, while evenings deliver unobstructed sunsets stretching across state lines. Situated on approximately 1.2 acres, the home offers nearly 5,000 sqft of thoughtfully designed living space. Floor-to-ceiling glass captures the views from nearly every room, while white pine ceilings, exposed beams, stone accents, and warm natural finishes balance the modern architecture. The kitchen features a marble waterfall island, premium appliances, and an open layout connecting the main living and dining spaces. The main-level Primary Suite offers a spa-inspired bath and uninterrupted mountain views. The lower level is designed for entertaining with a custom bar, media and game space, and additional guest accommodations. Expansive covered decks, a private hot tub, integrated lighting, and extensive landscaping extend the living experience outdoors. Ownership within Eagles Nest includes access to the Elk River, Epic Chophouse, the Sportsman’s Lodge, a private winery, UTV and hiking trails, a fitness center, outdoor amphitheater, and dedicated helipad. A rare opportunity to own a private, view-driven mountain residence and vacation rental in one of Eagles Nest’s most desirable locations.
Price in context
- Asking $736 per square foot.
- That is 4% below the $765 median across 6 active $1.5M+ homes in Banner Elk.
- 6th highest asking price of 6 active $1.5M+ homes in Banner Elk.
- 6th largest by living area of the 6 with a recorded size.
- Reduced $600,000 (14.1%) from the original $4,250,000 asking price.
- 103 days on the market, listed 2026-04-17.
- County tax assessment $1,201,500; the asking price is 3.04× the assessed value.
- HOA dues $5,050 (annually).
Location
Neighborhood: The Lodges At Eagles Nest, Avery County, ZIP 28604.
Assigned schools
- Elementary: Freedom Trail
- Middle: Cranberry
- High: Avery County
School assignments come from the listing and can change; confirm with the district.
Features
- Style
- Modern
- Levels
- One
- Construction
- Stone, Wood
- Roof
- Metal
- New construction
- Yes
- Bathrooms
- 4 full, 1 half
- Basement
- Exterior Entry, Finished, Interior Entry, Walk-Out Access
- Fireplace
- Yes
- Interior
- Breakfast Bar, Built-in Features, Cable Prewire, Entrance Foyer, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Storage, Walk-In Closet(s), Wet Bar
- Flooring
- Tile, Vinyl
- Kitchen & appliances
- Bar Fridge, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Washer/Dryer
- Heating
- Forced Air, Heat Pump, Zoned
- Cooling
- Central Air, Zoned
- Garage
- 2 spaces
- Parking
- Driveway, Attached Garage, Garage Faces Side
- Exterior
- Above Ground Hot Tub / Spa, Fire Pit
- View
- Long Range, Mountain(s), Year Round
- Lot
- Views
- Community
- Dog Park, Fitness Center, Game Court, Gated, Helipad, Pickleball, Picnic Area, Playground, Putting Green, Recreation Area, Sport Court, Tennis Court(s), Walking Trails, Other
- County
- Avery
Comparable homes on the market
- 2910 Eagles Nest Trail, Banner Elk — $9,000,000, 8 bd, 6,209 sq ft, also in The Lodges At Eagles Nest
- 294 Silver Eagle Trail, Banner Elk — $5,600,000, 5 bd, 7,055 sq ft, also in The Lodges At Eagles Nest
- 270 Osprey Drive, Banner Elk — $7,899,000, 5 bd, 8,817 sq ft, also in The Lodges At Eagles Nest
- 6 Valley Watch Court, Banner Elk — $4,250,000, 6 bd, 6,634 sq ft, 1.6 mi away
- 5742 Nc Highway 194 None S, Banner Elk — $4,900,000, 6 bd, 8,672 sq ft, 6.8 mi away
- 840 Ed Williams Road, Zionville — $3,250,000, 3 bd, 2,868 sq ft, 11.5 mi away
See it privately
Nicholas and Miriam Peters show every home personally. Peters & Associates, 4401 Barclay Downs Dr #132, Charlotte, NC 28209. Office 704-264-4572. Request a private showing.