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419 Summit Trail , Banner Elk, NC 28604

$2,399,000
  • 419 Summit Trail , Banner Elk, NC 28604 Main Photo

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Active
BEDS6 BATHS5 full 1 partial SQUARE FEET2,982 MLS#4371218
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONMountain Meadows

Property Description

Perched on approximately 1.92 acres with breathtaking long-range mountain views, The Elk Lodge is a rare High Country retreat and a proven, high-performing short-term rental with established income history. Offered fully furnished and turnkey, this income-generating vacation rental delivers immediate cash flow potential for investors or a luxury mountain escape for buyers who want it all. The property is designed as a true mountain compound: a spacious 4-bedroom main lodge, a fully finished 2-bedroom accessory dwelling unit (ADU) above the garage, and a massive detached climate-controlled game and entertainment building. The main lodge features multiple inviting living spaces including a sunroom with panoramic mountain views, loft, family room, chef's kitchen with premium appliances and coffee bar, and a finished walkout basement with an additional lounge/media area, two bedrooms, a full bathroom, and laundry. The finished ADU functions as a true second residence with its own full kitchen, family room, laundry, two en suite bedrooms, queen sleeper sofa, and spectacular mountain views, perfect for guests, extended family, or additional short-term rental accommodations.The standout feature is an expansive climate-controlled recreation building built for year-round entertainment with a 70-inch Smart TV, pool table, shuffleboard, poker and game table, classic arcade games, comfortable lounge seating, and a half bathroom. Outdoors, guests rave about the hot tub, expansive stone patio, and large fire pit positioned to capture sweeping mountain scenery, unforgettable sunsets, and star-filled skies. Located just minutes from downtown Banner Elk, Sugar Mountain Resort, Beech Mountain Resort, the Elk River, and endless hiking, fishing, and skiing, the property balances privacy with unbeatable convenience. With proven short-term rental performance, a fully turnkey offering, an exceptional finished ADU, and extensive entertainment amenities, The Elk Lodge is a rare income-generating opportunity in one of North Carolina's most sought-after mountain destinations.

419 Summit Trail | MLS# 4371218

This single family home located at 419 Summit Trail , Banner Elk, NC 28604 is currently listed for sale with an asking price of $2,399,000. This property was built in 1995 and has 6 bedrooms and 5 full and 1 partial baths with 2982 sq. ft. Summit Trail is located in the Mountain Meadows subdivision. Search Mountain Meadows real estate on abigailj.lakenormanrealty.com today.

Property Features

Property Type: Residential - Single Family
Basement: Full, Walk-Out Access
Basement: Yes
Garage: 3
Heating: Heat Pump
Lot Size: 1.92 Acres
Roof Type: Metal
Year Built: 1995

Amenities

Fire Pit
Hot Tub

Feature Descriptions

Appliances: Dishwasher, Dryer, Freezer, Indoor Grill, Microwave, Refrigerator, Washer, Washer/Dryer
Days on Site: 13
Exterior: Wood
Fireplace: Gas
Foundation: Basement
HOA Fee: $500/ Annually
Hot Tub: Yes
Laundry: In Basement, Laundry Room
Other Equipment: Fuel Tank - Leased
Parcel#: 1847-01-37-0223-00000
Parking: Driveway, Detached Garage
Sewer: Septic Installed
Special View Info: Long Range, Mountain(s), Winter
Water: Shared Well

Local Schools

High School: Unspecified
Middle School: Unspecified
Elementary School: Unspecified

Listed By / Shown By

Listed By

Agency Name: EXP Realty LLC
Agency Contact: tyler@savvy.realty

Shown By

Agent Name: Abigail Jennings
Agent Phone: (704) 892-9673 ext. 101
Agency Title: Lake Norman Realty

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Estimated Payment

$ 13,468.19 per month $12,768.49 Principal & Interest $0.00 Property Tax (data not provided by mls) $699.71 Homeowner's Insurance

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