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419 Summit Trail

Banner Elk, NC 28604
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Bed 4

Bed

Bath 3

Bath

SqFt2,982

Sqft

Acres1.92

Acres(Lot)

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 co ffee 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.

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Detail Ic Property Details

Property Type : Residential

Price : $2,399,000

AD Id : 89498404

MLS Id : 262780

Beds : 4

Lot Size : 1.92 Acres

Living Area Size : 2,982

Year Built : 1995

County : Avery

Subdivision: Mountain Meadows

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Has Basement: Yes Basement: Finished
  • Roofing Information

    Metal
  • Interior Features

    Roof: Metal Appliances: Dryer, Dishwasher, Freezer, Microwave, Refrigerator, Washer Laundry Features: In Basement
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Fireplace(s), Heat Pump Has Cooling: Yes Cooling: Central Air, Other

  • Building Information

    Year Built: 1995 Construction Materials: Wood Siding, Frame Stories: 2 Private Pool: No Association Fee Frequency: Annually
  • Exterior Features

    Exterior Features: Fire Pit

  • Lot Information

    Main Square Feet: 1.92 Acres Lot Size Acres: 1.92

    Property Information

    Subdivision: Mountain Meadows Source Property Type: Residential Zoning Description: R1 Property SubType: Single Family Residence Levels: Two Property Age: 31

  • Listing Price Information

    Listing Price: $2399000 Cash, Conventional, FHA

  • Tax Information

    Parcel Number: 1847-01-37-0223-00000 Annual Tax: $3668

  • Parking Information

    Detached, Garage, Oversized

    Garage Information

    Has Garage: Yes
    Homeowners Association Information
    Has Association: Yes HOA: $500.00

  • School Information

    Elementary School: Banner Elk
    Junior High School:
    Senior High School: Avery County
  • Location Information

    WaterSource: Shared Well
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Nearby Home Value

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278 Timber Rock Trail, Banner Elk, NC, 28604 $4,095,000 5 6 5,528 5,528 SqFt
O-26 High Country Overl.., Banner Elk, NC, 28604 $219,000 -- -- --
26 Great Sky Drive, Banner Elk, NC, 28604 $169,000 -- -- --
4584 & 4582 Nc Highway .., Banner Elk, NC, 28604 $1,250,000 7 8 4,853 4,853 SqFt
576 Eagle Springs Trail, Banner Elk, NC, 28604 $1,849,000 4 4 2,983 2,983 SqFt
123 High Country Overlook, Banner Elk, NC, 28604 $1,075,000 3 3 1,677 1,677 SqFt
617 Eagle Creek Trail, Banner Elk, NC, 28604 $3,649,997 4 5 3,977 3,977 SqFt
762 George Eggers Road, Banner Elk, NC, 28604 $549,000 2 2 1,632 1,632 SqFt
165 Leighway Lane, Banner Elk, NC, 28604 $1,450,000 3 3 4,398 4,398 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of High Country Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 High Country Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 08/17/2026 @ 17:18

MLS: 262780 LISTED BY: Tyler Coon, EXP Realty LLC 888-584-9431 SOURCE: High Country Association of REALTORS

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