$3,200,000

133 Summit Ledges Ln Banner Elk, NC 28604

Banner Elk Area

Estimated payment $17,954/month

Total Views 70
3 Beds
4.5 Baths
4,592 Sq Ft
$697 Price per Sq Ft

Highlights

  • Airport or Runway
  • Golf Course Community
  • Fitness Center
  • Banner Elk Elementary School Rated A-
  • Equestrian Center
  • 24-Hour Security

About This Home

Nestled along the top ridge of the Elk River community, this luxurious mountain residence captures in demand sweeping western views and unforgettable sunsets, a picturesque glimpse of the community’s equestrian center below. The amazing home can be set up as four- or five-bedrooms with four and a half bathrooms.
Designed to embrace its surroundings, the home features a spacious covered deck with an impressive outdoor covered stone fireplace. It is the perfect place to begin the day with coffee in the cool mountain air, gather with friends beside the fire or watch the sky transform with vibrant pink and purple hues as the sun sets across the layered peaks. The elevated setting offers privacy in one of Banner Elk’s most distinguished communities.
Inside, newly refinished wood floors add warmth and timeless mountain character. Recent improvements include fresh interior and exterior paint and a refinished deck, giving the residence a polished, well-maintained appearance. Primary bedroom, with his and hers closets, make for single floor living. The flexible floor plan allows the property to function comfortably with extra bedrooms or workshops. A spacious bedroom above the garage, complete with a full bath, provides an ideal retreat for guests, extended family or older children and could also serve as an office or artist's workshop. FloLogic leak detection and automatic water shut off system in place. One-touch effortless mechanized window shades for seamless hand-free opening and closing. The home is heated by two efficient propane furnaces with an automatically serviced by an underground 1,000 gallon propane tank.
A desirable grassy yard offers usable outdoor space where children can play and dogs can roam and enjoy the mountain air.
Elk River Club complements the home’s setting with an impressive collection of amenities. Members enjoy the renowned Jack Nicklaus-designed championship golf course and short-game practice facilities, six Har-Tru tennis courts, a fitness center and an elegant clubhouse with three dining venues. The club’s abundant social calendar also includes painting workshops, a member art show and groups for bridge, gin rummy and Mahjong, offering many opportunities to connect with neighbors and friends.
With its premier ridge-top location, western exposure, flexible accommodations and inviting indoor-outdoor living, this remarkable residence presents a rare opportunity to experience luxury and the natural beauty of the North Carolina High Country.

Listing Agent

Jefferson Vermillion

Engel & Volkers Banner Elk Brokerage Phone: (828) 898-3808 Listed on: 09/18/2026

Engel & Volkers Banner Elk

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,162

Year Built

  • Built in 2008

Lot Details

  • 2.06 Acre Lot
  • Property fronts a private road
  • Partially Fenced Property

HOA Fees

  • $542 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Pasture
  • Mountain

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Shake Roof
  • Wood Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 3-Story Property
  • Furnished
  • Tray Ceiling
  • Vaulted Ceiling
  • 3 Fireplaces
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Window Treatments
  • Home Security System
  • Finished Basement

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Secondary Bathroom Jetted Tub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Stream or River on Lot
  • Covered Patio or Porch
  • Outdoor Fireplace

Schools

  • Banner Elk Elementary School
  • Avery County High School

Horse Facilities and Amenities

  • Equestrian Center

Utilities

  • Central Air
  • Heating Available
  • Septic Tank
  • Septic System
  • Private Sewer
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 1848-00-04-7383-00000

Community Details

Overview

  • Private Membership Available
  • Elk River Subdivision

Amenities

  • Airport or Runway

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Community Pool
  • Fishing
  • Trails

Security

  • 24-Hour Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,162

Year Built

Built in 2008

Lot Details

2.06 Acres

HOA Fees

$542 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.06
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Elk River
  • Above Grade Finished Sq Ft: 2804.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 2008
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (828) 898-3808
  • General Property Information Below Grade Unfinished Area: 414.0
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Built-In Oven, Dryer, Dishwasher, Gas Cooktop, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1788.0
  • Fireplace Features: Three, Gas, Stone, Vented, Outside, Propane
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Tray Ceiling(s), Furnished, Jetted Tub, Vaulted Ceiling(s), Window Treatments
  • Living Area: 4592.0
  • Stories: 3
  • Window Features: Window Treatments

Exterior Features

  • Fencing: Partial
  • Pool Features: Community
  • View: Long Range, Pasture
  • View: Yes
  • Home Warranty: No
  • Construction Type: Stone, Wood Siding, Wood Frame
  • Exterior Features: Fence
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple
  • Roof: Shake, Wood

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Asphalt, Attached, Driveway, Garage, Two Car Garage

Utilities

  • Laundry Features: Main Level
  • Security: Security System, 24 Hour Security
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Fireplace(s)
  • Heating Yn: Yes
  • Sewer: Private Sewer, Septic Tank
  • Utilities: High Speed Internet Available, Septic Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Club Membership Available, Equestrian Community, Fitness Center, Fishing, Golf, Gated, Pickleball, Pool, River, Airport/Runway, Tennis Court(s), Trails/Paths
  • Association Fee: 6505.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk
  • High School: Avery County

Lot Info

  • Parcel #: 1848-00-04-7383-00000
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 5162.01
  • Tax Book Number: 561/1657

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,162 $1,290,500 $275,000 $1,015,500
2024 $5,162 $1,290,500 $275,000 $1,015,500
2023 $5,162 $1,290,500 $275,000 $1,015,500
2022 $0 $1,290,500 $275,000 $1,015,500
2021 $6,204 $1,128,000 $300,000 $828,000
2020 $6,204 $1,128,000 $300,000 $828,000
2019 $6,204 $1,128,000 $300,000 $828,000
2018 $6,204 $1,128,000 $300,000 $828,000
2017 $6,394 $1,162,500 $0 $0
2016 $5,199 $1,162,500 $0 $0
2015 $5,199 $1,162,500 $300,000 $862,500
2012 -- $1,581,600 $400,000 $1,181,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2026 09/18/26 For Sale $3,200,000 +137.0% $697 / Sq Ft
06/14/2021 06/14/21 Sold $1,350,000 0.0% $321 / Sq Ft View Prior Sale
05/15/2021 05/15/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $1,350,000 -- $321 / Sq Ft
Source: High Country Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $2,700 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $215,000 New Conventional
Source: Public Records

Source: High Country Association of REALTORS®

MLS Number: 264195

High Country Association of REALTORS®

APN: 1848-00-04-7383-00000

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