419 Summit Trail Banner Elk, NC 28604
Banner Elk AreaEstimated payment $13,509/month
Highlights
- Spa
- 1.92 Acre Lot
- Furnished
- Banner Elk Elementary School Rated A-
- Mountain Architecture
- Oversized Parking
About This Home
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,668
Year Built
- Built in 1995
Lot Details
- 1.92 Acre Lot
- Zoning described as R1
HOA Fees
- $42 Monthly HOA Fees
Home Design
- Mountain Architecture
- Wood Frame Construction
- Metal Roof
- Wood Siding
Interior Spaces
- 2-Story Property
- Furnished
- Gas Fireplace
- Propane Fireplace
- Finished Basement
- Laundry in Basement
Kitchen
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 6 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Garage
- Oversized Parking
Outdoor Features
- Spa
- Fire Pit
Schools
- Banner Elk Elementary School
- Avery County High School
Utilities
- Central Air
- Heat Pump System
- Shared Well
- Septic Tank
- Septic System
- Sewer Applied For Permit
Community Details
- Mountain Meadows Subdivision
Listing and Financial Details
- Assessor Parcel Number 1847-01-37-0223-00000
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,668 | $917,000 | $112,500 | $804,500 |
| 2024 | $3,770 | $917,000 | $112,500 | $804,500 |
| 2023 | $3,770 | $891,100 | $112,500 | $778,600 |
| 2022 | $0 | $891,100 | $112,500 | $778,600 |
| 2021 | $3,561 | $647,400 | $112,500 | $534,900 |
| 2020 | $3,561 | $647,400 | $112,500 | $534,900 |
| 2019 | $3,561 | $647,400 | $112,500 | $534,900 |
| 2018 | $3,561 | $647,400 | $112,500 | $534,900 |
| 2017 | $3,099 | $563,400 | $0 | $0 |
| 2016 | $2,520 | $563,400 | $0 | $0 |
| 2015 | $2,520 | $563,400 | $87,500 | $475,900 |
| 2012 | -- | $733,700 | $125,000 | $608,700 |
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 |
|---|---|---|---|---|---|
| 08/12/2026 08/12/26 | For Sale | $2,399,000 | +49.9% | $804 / Sq Ft | |
| 04/04/2022 04/04/22 | Sold | $1,600,000 | 0.0% | $532 / Sq Ft | View Prior Sale |
| 03/31/2022 03/31/22 | Sold | $1,600,000 | 0.0% | $532 / Sq Ft | View Prior Sale |
| 03/05/2022 03/05/22 | Pending | -- | -- | -- | |
| 03/01/2022 03/01/22 | Pending | -- | -- | -- | |
| 02/16/2022 02/16/22 | For Sale | $1,600,000 | 0.0% | $532 / Sq Ft | |
| 02/01/2022 02/01/22 | For Sale | $1,600,000 | -- | $532 / Sq Ft |
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 | $1,600,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $329,500 | None Available |
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 | $1,200,000 | New Conventional |
Source: High Country Association of REALTORS®
MLS Number: 262780
APN: 1847-01-37-0223-00000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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