419 Summit TRL
Single Family Home $ 2,299,000

419 Summit TRL

Banner Elk, NC 28604

  • 6 Beds
  • 6 Baths
    Full Baths: 5 Half Baths: 1
  • 4,856 SqFt
  • 1.92 Lot Size
  • 1995 Year Built
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.
Listed by Tyler Coon of EXP Realty LLC

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Single Family Home

    Sub Type Single Family Residence

    Listing Status Active

    Purchase Type For Sale

    Square Footage 4, 856 sqft

    Price per Sqft $473

    Subdivision Mountain Meadows

    MLS Listing ID 4371218

    Bedrooms 6

    Full Baths 5

    Half Baths 1

    HOA Fees $500/ann

    HOA Y/N 1

    Abv Grd Liv Area 1,945

    Year Built 1995

    Lot Size 1.920 Acres

    Acres 1.92

    Property Sub-Type Single Family Residence

  • Location

    State NC

    County Avery

    Zoning R-1

  • Rooms

    Basement Full, Walk-Out Access

    Guest Accommodations Guest House

    Primary Bedroom Level Upper

    Main Level Bedrooms 1

    Basement Level Family Room

    Basement Level Laundry

    Basement Level Bedroom(s)

    Basement Level Bedroom(s)

    Basement Level Bonus Room

    Basement Level Bathroom-Full

    Main Level Sunroom

    Main Level Dining Area

    Upper Level Kitchen

    Main Level Living Room

    Main Level Bedroom(s)

    Main Level Bathroom-Full

    Upper Level Primary Bedroom

    Upper Level Bathroom-Full

    Upper Level Sitting

    2nd Living Quarters Level Bathroom-Half

    2nd Living Quarters Level Living Room

    2nd Living Quarters Level Primary Bedroom

    2nd Living Quarters Level Bathroom-Full

    2nd Living Quarters Level Kitchen

    2nd Living Quarters Level Family Room

    2nd Living Quarters Level Bathroom-Full

    2nd Living Quarters Level Bedroom(s)

  • Building

    Dwelling Type Site Built

    Foundation Basement

    Sewer Septic Installed

    Water Shared Well

    Level or Stories Two

    Structure Type Wood

    New Construction false

  • Interior

    Heating Heat Pump

    Cooling Ceiling Fan(s), Central Air

    Fireplaces Type Gas

    Fireplace true

    Appliance Dishwasher, Dryer, Freezer, Indoor Grill, Microwave, Refrigerator, Washer, Washer/Dryer

    Laundry In Basement, Laundry Room

  • Exterior

    Exterior Feature Fire Pit, Hot Tub

    Garage Spaces 3.0

    View Long Range, Mountain(s), Winter

    Roof Type Metal

    Street Surface Gravel,Paved

    Garage true

  • Schools

    Elementary Schools Unspecified

    Middle Schools Unspecified

    High Schools Unspecified

  • Others

    HOA Name Mountain Meadows POA

    Senior Community false

    Restrictions Short Term Rental Allowed

    Acceptable Financing Cash, Conventional, FHA

    Listing Terms Cash, Conventional, FHA

    Special Listing Condition Subject to Lease

    Virtual Tour https://www.zillow.com/view-imx/e0658835-50a8-43df-bae6-7e30c96dc53e?wl=true&setAttribution=mls&initialViewType=pano

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Tyler Coon
Tyler Coon

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