Headwaters

Western North Carolina
  • Headwaters Banner Elk NC Gated Entrance

    Headwaters Banner Elk NC Gated Entrance

  • Headwaters Banner Elk NC Clubhouse

    Headwaters Banner Elk NC Clubhouse

  • Headwaters Banner Elk NC Lakes

    Headwaters Banner Elk NC Lakes

  • Headwaters Banner Elk NC Deer Creek Park

    Headwaters Banner Elk NC Deer Creek Park

  • Headwaters Banner Elk NC Views

    Headwaters Banner Elk NC Views

  • Headwaters Banner Elk NC Mountain Home Styles

    Headwaters Banner Elk NC Mountain Home Styles

  • Headwaters Banner Elk NC Tennis

    Headwaters Banner Elk NC Tennis

  • Headwaters Banner Elk NC Fishing Pier

    Headwaters Banner Elk NC Fishing Pier

  • Headwaters Banner Elk NC Mountain Home

    Headwaters Banner Elk NC Mountain Home

  • Headwaters Banner Elk NC Condominiums

    Headwaters Banner Elk NC Condominiums

  • Headwaters Banner Elk NC Cottage Homes

    Headwaters Banner Elk NC Cottage Homes

Fishing FishingFishing
Hiking HikingHiking
Kayak KayakKayak
Mountain MountainMountain
Fitness FitnessFitness

(ALERT - According the Avery Journal-Times on June 20, 2015, The Headwaters at Banner Elk has filed for Chapter 11 Bankruptcy Protection)

Discover scenic mountaintop living only 20 minutes from Sugar Mountain in one of the area's North Carolina mountain communities in close proximity to the Blue Ridge Parkway. The waterfalls and rock formations at Headwaters at Banner Elk might take your breath away as you discover them while enjoying 2.5 miles of walking and hiking trails. Fall Creek Falls is Headwater at Banner Elk’s signature waterfall cascading from gigantic granite boulders commanding your attention in the High Country of North Carolina

HEADWATERS AMENITIES

  • Gated Entrance
  • 6,000 Square Foot Mountain Top Clubhouse
  • Fitness Center
  • Five Community Parks
  • Two Private Lakes
  • Tennis Court
  • Dog Park
  • 2.5 Miles of Hiking Trails

At an elevation ranging from 3,100 to 3,900 feet, Headwaters at Banner Elk homes have stunning layered mountain views to the south and southwest spreading across the community's 915 acres and beyond. Headwaters is UTV friendly (utility terrain vehicle) and has over 500 acres of exciting off road trails to explore near Blowing Rock NC real estate. In addition, Pisgah National Forest and Cherokee National Forest can be accessed directly from Headwaters at Banner Elk. Two spring-fed lakes are located at the base of this gated North Carolina mountain community and are continuously stocked with fish. During the summer months, the largest lake is a swimming lake and has a sandy beach, volleyball court and picnic areas near the mountain vacation homes. 

Buyers searching for North Carolina mountain communities will appreciate the high quality amenities at Headwaters. The neighborhood has one of the finest mountaintop clubhouse’s we’ve seen in Western North Carolina. The 6,000 square foot clubhouse is equipped with a great room, gourmet kitchen, fitness center, 14 seat movie theatre and wrap around deck to enjoy the magnificent views. At the base of the clubhouse is the community's tennis court. There are five private parks inside the gates: Fall Creek Falls Park, Lakeside Park which has a timber framed pavilion and an outdoor fireplace overlooking two spring-fed lakes, Stone Creek Park has a fishing pier on the lower lake, Deer Creek Park has two Swiss Family Robinson style tree houses and picnic areas, Sunset Park overlooks the Pisgah National Forest and the new Mac N Tosh Dog Park. You'll be hard pressed to find more amenities in Blowing Rock NC real estate developments.

The social calendar is busy year with round events bonding the families together. Headwaters Chef in Residence is DeWayne Sabisch cooking up culinary masterpieces at social events and in home private entertaining. Headwaters at Banner Elk recently opened a new General Store at the base of the mountain, providing convenience and quick access to daily necessities and locally homemade products to the mountain vacation homes. Headwaters at Banner Elk is a certified fiber optic community providing high speed internet access and high definition television.

Approximately 50 mountain vacation homes have been built to date of the 150 planned. The architecture includes mountain style rustic, arts & craft, post & beam and log home. There is no time requirement to begin construction and you are permitted to choose your own builder. Approved builders include Kidder Construction and Barnett Builders. Homes for sale begin at $349k, condos at $399k and lots for sale start in the $60k's.

Banner Elk is known for tasty restaurants and for the crazy annual Woolly Worm Festival which takes place in October. This outdoor enthusiast's paradise is close proximity to Grandfather Mountain, the Blue Ridge Parkway and Linville Falls. Best schools in Banner Elk include Freedom Trail Elementary, Cranberry Middle School and Avery County High School. Lees McRae College in Banner Elk is a charming historic college offering degree seeking programs and cultural entertainment, not far from Headwaters and Blowing Rock NC real estate. Cannon Memorial Hospital is the closest hospital. 

Our real estate score for Headwaters at Banner Elk North Carolina is 78.

When you travel to explore North Carolina mountain communities, let us know if you would you like to receive free Blowing Rock Relocation Information to help you learn more about the area.

We are happy to share our secrets with you, to make your search more enjoyable.

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Packages include the master site plan, current price list and discovery packages offered.

HeadwatersYour score:89 / 100Reviews:35

Property Owner Reviews

Property Owner: 286222
Curb Appeal and Maintenance:
100/100
HOA/POA Dues:
80/100
Proximity to Places of Interest:
80/100
Quality of Community Amenities:
100/100
Average:90/100
Property Owner: 2862211
In order to keep Headwaters eclectic, its important to encourage multiple builders access; this action long term will enhance property value!
Curb Appeal and Maintenance:
80/100
Developer Creditability:
100/100
HOA/POA Dues:
60/100
Proximity to Places of Interest:
80/100
Quality of Community Amenities:
80/100
Social Clubs:
80/100
Average:80/100
Property Owner: 286225
Headwaters has a phrase "the illusion of seclusion" and it is spot on. We are located just minutes from downtown Banner Elk. This place is far calmer, less stressful and far more serene than northern Virginia. A sunset from the clubhouse with family and friends and a bottle of wine is about as good as we need in life.
Curb Appeal and Maintenance:
100/100
Developer Creditability:
100/100
HOA/POA Dues:
100/100
Proximity to Places of Interest:
100/100
Quality of Community Amenities:
100/100
Social Clubs:
100/100
Average:100/100
Property Owner: 286229
Curb Appeal and Maintenance:
100/100
Developer Creditability:
60/100
HOA/POA Dues:
80/100
Proximity to Places of Interest:
80/100
Quality of Community Amenities:
100/100
Social Clubs:
80/100
Average:83/100
Property Owner: Gary28622
Curb Appeal and Maintenance:
100/100
Developer Creditability:
100/100
HOA/POA Dues:
80/100
Proximity to Places of Interest:
80/100
Quality of Community Amenities:
100/100
Social Clubs:
100/100
Average:93/100
Property Owner: William28622HW
My spouse and I built a home here two years ago. This was after a search of 6 years throughout the mountains. Beautiful vistas, near Charlotte, beautiful clubhouse, hiking trails, waterfalls, great value for the money, no golf course to maintain, great venue to bicycle are just some of the reasons we chose here. We love it!
Curb Appeal and Maintenance:
100/100
Developer Creditability:
100/100
HOA/POA Dues:
100/100
Proximity to Places of Interest:
100/100
Quality of Community Amenities:
100/100
Social Clubs:
100/100
Average:100/100
Property Owner: Neal28622
Outstanding community, park-like mountain setting
Curb Appeal and Maintenance:
100/100
Developer Creditability:
100/100
HOA/POA Dues:
100/100
Proximity to Places of Interest:
100/100
Quality of Community Amenities:
100/100
Social Clubs:
100/100
Average:100/100
Property Owner: Neil28622
100% Satisfaction!
Curb Appeal and Maintenance:
100/100
Developer Creditability:
100/100
HOA/POA Dues:
100/100
Proximity to Places of Interest:
100/100
Quality of Community Amenities:
100/100
Social Clubs:
100/100
Average:100/100
Property Owner: 286223
Headwaters is serene and picturesque with great amenities. It is a true mountain getaway.
Curb Appeal and Maintenance:
100/100
Developer Creditability:
100/100
HOA/POA Dues:
100/100
Proximity to Places of Interest:
100/100
Quality of Community Amenities:
100/100
Social Clubs:
100/100
Average:100/100
Property Owner: Mitchell28622
Headwaters is the most awesome community east of the Mississippi. Million dollar views for a fraction of the cost. We love it!
Curb Appeal and Maintenance:
100/100
Developer Creditability:
100/100
HOA/POA Dues:
100/100
Proximity to Places of Interest:
100/100
Quality of Community Amenities:
100/100
Social Clubs:
100/100
Average:100/100

Pages

Our Score:
Silver
78/100
Your Score:
Platinum
89 / 100

Property Owner Reviews

Property Owner: 2862216
Curb Appeal and Maintenance:
80/100
Developer Creditability:
80/100
HOA/POA Dues:
60/100
Proximity to Places of Interest:
40/100
Quality of Community Amenities:
80/100
Average:68/100
Property Owner: Laura28622HW
When we went looking for property that meet our stringent specifications, I thought "no way this is going to happen". Well it did, we have a bit less money in our account but are far richer in our life experience for it. Headwaters is an unbeatable family destination.
Curb Appeal and Maintenance:
100/100
Developer Creditability:
100/100
HOA/POA Dues:
100/100
Proximity to Places of Interest:
100/100
Quality of Community Amenities:
100/100
Social Clubs:
100/100
Average:100/100
Property Owner: Mitchell28622
Headwaters is the most awesome community east of the Mississippi. Million dollar views for a fraction of the cost. We love it!
Curb Appeal and Maintenance:
100/100
Developer Creditability:
100/100
HOA/POA Dues:
100/100
Proximity to Places of Interest:
100/100
Quality of Community Amenities:
100/100
Social Clubs:
100/100
Average:100/100
Property Owner: Marcia28622HW
Every time we make that final turn into Headwaters, our hearts melt and spirits soar... we feel so fortunate to be here.
Curb Appeal and Maintenance:
100/100
Developer Creditability:
100/100
HOA/POA Dues:
100/100
Proximity to Places of Interest:
100/100
Quality of Community Amenities:
100/100
Social Clubs:
100/100
Average:100/100
Property Owner: Keith28622HW
We built our house in 2007, finding Headwaters had everything we wanted and nothing we didn't. The setting and views are amazing, the location is secluded enough but close enough and our neighbors are some of the nicest people we've ever met. We couldn't be happier with our choice.
Curb Appeal and Maintenance:
100/100
Developer Creditability:
100/100
HOA/POA Dues:
100/100
Proximity to Places of Interest:
100/100
Quality of Community Amenities:
100/100
Social Clubs:
100/100
Average:100/100
Property Owner: William28622HW
My spouse and I built a home here two years ago. This was after a search of 6 years throughout the mountains. Beautiful vistas, near Charlotte, beautiful clubhouse, hiking trails, waterfalls, great value for the money, no golf course to maintain, great venue to bicycle are just some of the reasons we chose here. We love it!
Curb Appeal and Maintenance:
100/100
Developer Creditability:
100/100
HOA/POA Dues:
100/100
Proximity to Places of Interest:
100/100
Quality of Community Amenities:
100/100
Social Clubs:
100/100
Average:100/100
Property Owner: Erwin28622HW
I'm passionate about this place. When I leave Charlotte, my "bliss-o-meter" increases noticeably with every 10 miles I come closer to Headwaters. By the time I arrive, the stress is washed away and I'm grinning from ear to ear. We found our four season mountain for skiing, hiking and respite from the hot summer days in Charlotte.
Curb Appeal and Maintenance:
100/100
Developer Creditability:
100/100
HOA/POA Dues:
100/100
Proximity to Places of Interest:
100/100
Quality of Community Amenities:
100/100
Social Clubs:
100/100
Average:100/100
Property Owner: 286226
Curb Appeal and Maintenance:
100/100
Developer Creditability:
100/100
HOA/POA Dues:
100/100
Proximity to Places of Interest:
80/100
Quality of Community Amenities:
100/100
Social Clubs:
80/100
Average:93/100
Property Owner: Tom28622
Curb Appeal and Maintenance:
100/100
Developer Creditability:
100/100
HOA/POA Dues:
100/100
Proximity to Places of Interest:
100/100
Quality of Community Amenities:
100/100
Social Clubs:
100/100
Average:100/100
Property Owner: Michael28622
Curb Appeal and Maintenance:
100/100
Developer Creditability:
100/100
HOA/POA Dues:
40/100
Proximity to Places of Interest:
100/100
Social Clubs:
80/100
Average:84/100

Pages

Proximity

Nearest Hospital:
14miles
80/100
Nearest State Park:
0 miles
100/100
Nearest Shopping Mall:
8 miles
100/100
Nearest Good Restaurants:
8 miles
100/100
Nearest Airport - Commercial:
50 miles
20/100
Nearest College:
8 miles
100/100
Nearest Landfill:
32 miles
100/100
Nearest Nuclear Facility:
116 miles
100/100

Amenities

Clubhouse:
100/100
Community Parks:
100/100
Dog Park:
80/100
Fitness Center:
60/100
Lake:
60/100
Protected Forest Access:
100/100
Social Clubs:
80/100
Tennis:
60/100
Walking Trails:
100/100

Curb Appeal

Gated Entrance:
Yes
60/100
Streets Paved:
Yes
60/100
Street Lighting:
Decorative
60/100
Landscaping:
Enhanced
80/100
Architecture Style:
Mountain Rustic
Water:
Well
Sewer:
Septic
Natural Gas:
No

Developer Credibility

From 2006 to 2010, John and Josephine Hayes lead development of Headwaters at Banner Elk, a gated North Carolina mountain community. In 2010, partners Paul Ashe, Jim Maynard and Charles Pearson took the front seat continuing the development of Headwaters at Banner Elk. According to Headwaters at Banner Elk, the home owners association is self sustaining with property owners now appointed to the board.

Negative news is found on the internet about Paul Ashe, Jim Maynard, Charles Pearson or Headwaters at Banner Elk.

UPDATE: Per Avery Journal-Times on June 20, 2015

A gated community in Avery County has filed for bankruptcy, according to documents filed with the western district court of North Carolina.

The Headwaters at Banner Elk, described on its website as a “luxury gated community,” filed for Chapter 11 bankruptcy on June 9.

Construction began on The Headwaters in 2006 on 920 acres in the Elk Park area. According to its website, the community features a gatehouse, club house, tennis courts and multiple parks. “Custom mountain homes” are listed as costing “$989,000 and up,” according to The Headwaters’ website.

Its listed creditors include Avery Tire Pros, Bank of America, Blue Ridge Advertising, Freeman Gas, Mountain Electric, Skybest Telephone and the Avery County Tax Collection Office.

The Old Heaton Store, operated by The Headwaters, closed in January after five years.

The Avery Journal-Times was unable to reach The Headwaters for comment as of presstime.

20/100

Sold Pricing

Mean Price (lot):
$116,125
Median Price (lot):
$121,250
Mode Price (lot):
$0
Mean Price (home):
$632,500
Median Price (home):
$500,000
Mode Price (home):
$0
Number of homes built:
45
According to public records, there were 9 closed sales in 2011. Two single family homes and 7 lots. As of October 2012, Headwaters reported 9 closed sales for 2012. Five were single family homes and 4 were lots.
Pricing updated annually for prior 12-24 month period. Mean price is defined as average sold price, Median price as middle sold price and Mode price is defined as most often sold price.

Taxes

County:
Avery
Real Estate:
0.0037%
Sales Tax:
7.00%
Southeast Average
Real Estate: 0.3579%
Sales Tax: 7.4%
The real estate tax millage rate has been converted for you to an annual percentage.

HOA/POA Annual Dues

Annual Dues:
$2,280

Annual Club Membership Dues

Southeast Average
Golf: $7,612
Sport: $2,280
Social: $4,835

Initiation Fees/Deposits

Southeast Average
Golf: $37,891
Sport: $10,087
Social: $17,469

Community Scorecard

Our Score:
Silver
78/100
Your Score:
Platinum
89 / 100

Proximity

Nearest Hospital:
14miles
80/100
Nearest State Park:
0 miles
100/100
Nearest Shopping Mall:
8 miles
100/100
Nearest Good Restaurants:
8 miles
100/100
Nearest Airport - Commercial:
50 miles
20/100
Nearest College:
8 miles
100/100
Nearest Landfill:
32 miles
100/100
Nearest Nuclear Facility:
116 miles
100/100

Amenities

Clubhouse:
100/100
Community Parks:
100/100
Dog Park:
80/100
Fitness Center:
60/100
Lake:
60/100
Protected Forest Access:
100/100
Social Clubs:
80/100
Tennis:
60/100
Walking Trails:
100/100

Curb Appeal

Gated Entrance:
Yes
60/100
Streets Paved:
Yes
60/100
Street Lighting:
Decorative
60/100
Landscaping:
Enhanced
80/100
Architecture Style:
Mountain Rustic
Water:
Well
Sewer:
Septic
Natural Gas:
No

Developer Credibility

From 2006 to 2010, John and Josephine Hayes lead development of Headwaters at Banner Elk, a gated North Carolina mountain community. In 2010, partners Paul Ashe, Jim Maynard and Charles Pearson took the front seat continuing the development of Headwaters at Banner Elk. According to Headwaters at Banner Elk, the home owners association is self sustaining with property owners now appointed to the board.

Negative news is found on the internet about Paul Ashe, Jim Maynard, Charles Pearson or Headwaters at Banner Elk.

UPDATE: Per Avery Journal-Times on June 20, 2015

A gated community in Avery County has filed for bankruptcy, according to documents filed with the western district court of North Carolina.

The Headwaters at Banner Elk, described on its website as a “luxury gated community,” filed for Chapter 11 bankruptcy on June 9.

Construction began on The Headwaters in 2006 on 920 acres in the Elk Park area. According to its website, the community features a gatehouse, club house, tennis courts and multiple parks. “Custom mountain homes” are listed as costing “$989,000 and up,” according to The Headwaters’ website.

Its listed creditors include Avery Tire Pros, Bank of America, Blue Ridge Advertising, Freeman Gas, Mountain Electric, Skybest Telephone and the Avery County Tax Collection Office.

The Old Heaton Store, operated by The Headwaters, closed in January after five years.

The Avery Journal-Times was unable to reach The Headwaters for comment as of presstime.

20/100

Taxes

County:
Avery
Real Estate:
0.0037%
Sales Tax:
7.00%
Southeast Average
Real Estate: 0.3579%
Sales Tax: 7.4%
The real estate tax millage rate has been converted for you to an annual percentage.

HOA/POA Annual Dues

Annual Dues:
$2,280

Annual Club Membership Dues

Southeast Average
Golf: $7,612
Sport: $2,280
Social: $4,835

Initiation Fees/Deposits

Southeast Average
Golf: $37,891
Sport: $10,087
Social: $17,469