419 Summit TRL
Single Family Home $ 2,399,000

419 Summit TRL

Banner Elk, NC 28604

  • 4 Beds
  • 3 Baths
    Full Baths: 3
  • 2,982 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, for 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 EXP Realty LLC

PROPERTY DETAIL

  • Key Details

    Property Type Single Family Home

    Sub Type Single Family Residence

    Listing Status Active

    Purchase Type For Sale

    Square Footage 2, 982 sqft

    Price per Sqft $804

    Subdivision Mountain Meadows

    MLS Listing ID 262780

    Style Mountain

    Bedrooms 4

    Full Baths 3

    HOA Fees $500/ann

    HOA Y/N Yes

    Abv Grd Liv Area 1,945

    Year Built 1995

    Annual Tax Amount $3,668

    Lot Size 1.920 Acres

    Acres 1.92

    Property Sub-Type Single Family Residence

  • Location

    State NC

    County Avery

    Area 8-Banner Elk

  • Rooms

    Basement Finished

  • Building

    Story 2

    Entry Level Two

    Foundation Basement

    Sewer Sewer Applied for Permit, Septic Tank

    Water Shared Well

    Architectural Style Mountain

    Level or Stories Two

  • Interior

    Interior Features Furnished

    Heating Electric, Fireplace(s), Heat Pump

    Cooling Central Air, Other, See Remarks

    Fireplaces Type Gas, Vented, Propane

    Fireplace Yes

    Appliance Dryer, Dishwasher, Freezer, Microwave, Refrigerator, Washer

    Laundry In Basement

  • Exterior

    Exterior Feature Fire Pit, Hot Tub/Spa

    Parking Features Detached, Garage, Oversized

    Utilities Available Septic Available

    Water Access Desc Shared Well

    Roof Type Metal

  • Schools

    Elementary Schools Banner Elk

    High Schools Avery County

  • Others

    Tax ID 1847-01-37-0223-00000

    Acceptable Financing Cash, Conventional, FHA, New Loan

    Listing Terms Cash, Conventional, FHA, New Loan

SIMILAR HOMES FOR SALE

Check for similar Single Family Homes at price around $2,399,000 in Banner Elk,NC

CONTACT

Tyler Coon
Tyler Coon

GET IN TOUCH

Your Full Name
Your Phone Number*
Write Your Message
};