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This $3.5M NC Mountain Mansion Could Be Yours For Pocket Change

No catch! Fisher Auction Company says the home is being sold via absolute auction -- which means there is no minimum bid, so prospective buyers could land this luxurious estate for pennies on the dollar.

BANNER ELK, N.C. -- A previously listed 3.5 million-dollar mansion with spectacular Blue Ridge Mountain views could be yours...for pocket change.

PHOTOS | Go Inside This Spectacular NC Mountain Mansion

There's no catch! Fisher Auction Company says an absolute auction for the 7,000 square-foot home located in Banner Elk will begin June 5 online and will end June 7. Bidders will have to register and be pre-qualified to enter the auction. You will also need to show proof of funds in the amount of at least $50,000, which may represent a portion of the required Escrow Deposit, according to the online terms and conditions.

Fisher Auction Company says an absolute auction means there is no minimum bid, so prospective buyers could land this luxurious estate for pennies on the dollar. The highest bid will be accepted regardless of price.

The home is owned by members of the Fisher family, developers of the "Body by Fisher" car design for General Motors.

Here are some specifications and features about this dream home...

  • Built in 1993 and sits on 4.28 acres of land
  • Four bedrooms, six full bathrooms, and one half-bath
  • Located 90 minutes away from Asheville and 2.5 hours from Charlotte
  • A private airport in located within the community
  • Gated community, including 24-hour security
  • Community amenities such as world-class golf, tennis, swimming pool, fitness center and equestrian facilities
  • Construction features include a wood shake roof system, double-paned windows, propane gas heating system, stone exterior walls, and well and septic systems

Click here to register to bid.

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