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Tyler Coon

tyler@savvy.realty +1(828) 620-2541

$2,399,000

Est. payment - /mo

4 Beds

3 Baths

2,982 SqFt

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UPDATED:

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

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, 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.

Location

State NC

County Avery

Area 8-Banner Elk

Rooms

Basement Finished

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

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

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

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Listed by EXP Realty LLC

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Tyler Coon

+1(828) 620-2541

Founder & CEO | License ID: 313885

Founder & CEO License ID: 313885

419 Summit TRL Banner Elk, NC 28604

Tyler Coon

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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