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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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270 Osprey Dr , Banner Elk, NC 28604
$8,499,000
Est. Payment: $43,797.10/mo
5 Bed
6 Bath
8817 Sqft
Status: active | Days on site: 40
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Welcome to Iron Horse Lodge, a newly constructed custom estate offering 8,817 square feet of heated living area within The Lodges at Eagles Nest, just minutes from downtown Banner Elk, Great Camp Amphitheater, and Epic Chophouse. Designed as a primary residence with an uncompromising approach to quality, the home showcases refined mountain-modern architecture with natural stone, horizontal wood siding, architectural shingles, standing seam metal accents, timber columns, and Edge Vesta steel siding in select hard-to-reach areas for added durability. A custom-engineered steel beam foundation allows for a cantilevered design over the mountainside, maximizing structural integrity and long-range Blue Ridge Mountain views. An easily accessible driveway provides ample guest parking, complemented by an oversized two-car garage and an additional single-car garage. A thoughtfully designed mudroom with built-in laundry, drop zone, and custom dog wash adds everyday function. Inside, oversized glass barn-style doors open to a welcoming foyer and wine/cocktail lounge. A dedicated office with custom architectural doors leads into an expansive living and dining area, where fully retractable glass doors connect to a sprawling deck with sunset views. The chef’s kitchen features Thermador Professional Series appliances, dual dishwashers, a wet bar/coffee station with sink and refrigerated drawers, and a well-appointed butler’s pantry with built-in desk, storage, and prep space. The main-level primary suite offers a fireplace, coffee bar, beverage fridge, sink, expansive mountain views, and direct deck access to a Bullfrog 6+ person hot tub. The spa-like bath includes a soaking tub, dual-head shower, double vanities, and 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 spacious walk-in closet. A large shared bath offers a soaking tub and dual-head shower, while a covered deck captures elevated views. The lower level expands the home’s lifestyle offerings with a spacious family room, bunkroom suite with full bath, gym, half bath, wellness room with cold plunge and infrared sauna, theater room, and additional heated flex space. A partially covered deck extends the living area outdoors for quiet mornings, cool summer afternoons, and year-round mountain enjoyment. Offered fully furnished with select exclusions, Iron Horse Lodge presents a rare opportunity to own a move-in ready, professionally designed mountain retreat without the wait. Interior design by Lucy and Company delivers a bold, curated aesthetic recognized for its presence in luxury publications.

Highlights

Listed by Melissa Hilton , 980-875-0033 Ivester Jackson Christie's , 980-435-5169. Canopy MLS mls logo

Property Type

Residential

Lot/Acreage
3.19

HOA Fee

1515 Quarterly

Year Built

2025

County

Avery

Neighborhood

The Lodges at Eagles Nest

Listing ID

4373242

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:6
  • Full Bathrooms:4
  • 1/2 Bathrooms:2
Appliances:Bar Fridge, Convection Oven, Dishwasher, Disposal, Double Oven, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, Exhaust Hood, Filtration System, Gas Range, Ice Maker, Microwave, Propane Water Heater, Self Cleaning Oven, Washer, Washer/Dryer, Wine Refrigerator
Air Cond:Heat Pump
Fireplaces:Gas Log,Gas Vented,Great Room,Primary Bedroom
Floor:Tile,Wood
Above Ground Sq Ft:5118
Below Ground Sq Ft:3699
Basement:Partially Finished,Storage Space
Other:Has Fireplace,Master on Main
Other:Well

Exterior Features

Roof:Architectural Shingle,Metal
Sewer:Septic Installed
Parking Features:Driveway,Attached Garage,Garage Faces Front,Garage Faces Side,Keypad Entry
Principal Interest
$43,797
Taxes
$5,418
HOA
$1,515

Home Price

$8,499,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$1,699,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$43,797.10

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $43,797.10 $5,418.11 $1,515.00 $50,730.21
Yearly $525,565.16 $65,017.35 $18,180.00 $608,762.51
Total $15,766,954.80 $1,950,520.50 $545,400.00 $18,262,875.30

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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Market insight data is pulled from the same city as the listing being viewed (Banner Elk, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Listings courtesy of Canopy MLS as distributed by MLS GRID

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Data last updated: 2026-08-01T21:58:06.000Z

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