1122 Summit Park Dr Banner Elk, NC 28604
Estimated payment $10,057/month
Highlights
- Airport or Runway
- Golf Course Community
- Fitness Center
- Banner Elk Elementary School Rated A-
- Equestrian Center
- 24-Hour Security
About This Home
Immerse yourself in stunning mountain living in this 3-bedroom, 3.5-bathroom home nestled on a private 5-acre estate in Summit Park. Perched at 4,600 feet, the residence boasts breathtaking panoramic views that are sure to take your breath away. Unwind in style in the spacious main-level primary suite featuring walk-in closet and access to the outdoor living space. Perfect for entertaining, the floor plan seamlessly connects the kitchen with a breakfast area, dining area, and a grand living room boasting a double-sided fireplace and a wet bar. Two additional guest suites on the main level provide comfortable accommodations for family and friends. Imagine relaxing on the deck, surrounded by the beauty of the High Country, as you take in the fresh mountain air. The unfinished lower level offers exciting possibilities for future expansion, allowing you to personalize your mountain retreat. This home's coveted location in Summit Park makes it a true gem. The Elk River Club is a luxurious community that encompasses 1200 acres of the Blue Ridge mountains. In addition to a Jack Nicklaus Signature golf course, members can enjoy the 50,000 square foot clubhouse, tennis, fitness, and equestrian centers plus an on-site private jetport. Imagine your mountain home and you will find it at Elk River. Property located within the Elk River Club subdivision with gated access.
Listing Agent
Elk River Realty Brokerage Phone: 828-898-9777 Listed on: 11/15/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,536
Year Built
- Built in 1993
Lot Details
- 5.11 Acre Lot
- Property fronts a private road
HOA Fees
- $541 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Driveway
Property Views
- Mountain
- Seasonal
Home Design
- Traditional Architecture
- Wood Frame Construction
- Shake Roof
- Wood Roof
- Wood Siding
- Radon Mitigation System
- Cedar
Interior Spaces
- 2-Story Property
- Wet Bar
- Cathedral Ceiling
- Skylights
- 3 Fireplaces
- Wood Burning Fireplace
- Stone Fireplace
- Gas Fireplace
- Propane Fireplace
- Double Pane Windows
- Window Treatments
- Carbon Monoxide Detectors
- Attic
- Unfinished Basement
Kitchen
- Breakfast Area or Nook
- Built-In Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Secondary Bathroom Jetted Tub
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Schools
- Banner Elk Elementary School
- Avery County High School
Utilities
- Two Cooling Systems Mounted To A Wall/Window
- Forced Air Heating and Cooling System
- Heating System Uses Propane
- Hot Water Heating System
- 220 Volts
- Gas Water Heater
- Septic Tank
- Septic System
- High Speed Internet
- Cable TV Available
Additional Features
- Covered Patio or Porch
- Equestrian Center
Listing and Financial Details
- Assessor Parcel Number 1847-01-08-3140-00000
Community Details
Overview
- Elk River Subdivision
Amenities
- Airport or Runway
- Clubhouse
Recreation
- Golf Course Community
- Tennis Courts
- Pickleball Courts
- Fitness Center
- Community Pool
Security
- 24-Hour Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,536 | $1,134,000 | $450,000 | $684,000 |
| 2023 | $4,536 | $1,134,000 | $450,000 | $684,000 |
| 2022 | $4,536 | $1,134,000 | $450,000 | $684,000 |
| 2021 | $5,372 | $976,700 | $350,000 | $626,700 |
| 2020 | $5,372 | $976,700 | $350,000 | $626,700 |
| 2019 | $5,372 | $976,700 | $350,000 | $626,700 |
| 2018 | $5,372 | $976,700 | $350,000 | $626,700 |
| 2017 | $5,563 | $1,011,400 | $0 | $0 |
| 2016 | $4,523 | $1,011,400 | $0 | $0 |
| 2015 | $4,523 | $1,011,400 | $350,000 | $661,400 |
| 2012 | -- | $1,287,700 | $400,000 | $887,700 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2025 08/21/25 | Price Changed | $1,690,000 | -3.4% | $451 / Sq Ft |
| 11/15/2024 11/15/24 | For Sale | $1,750,000 | -- | $467 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $378,000 | New Conventional | |
| Closed | $378,000 | New Conventional | |
| Previous Owner | $388,200 | New Conventional | |
| Previous Owner | $352,000 | Credit Line Revolving |
Source: High Country Association of REALTORS®
MLS Number: 252485
APN: 1847-01-08-3140-00000
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