
Active

MLS# CAR4371218 · 1 days on market
419 Summit Trail
Banner Elk, NC 28604 · Mountain Meadows
$2.40M$804/sqft
Beds6
Baths6
Sq Ft2,982
Lot1.92 ac
$/SqFt$804
DOM1
Architectural Narrative
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, perfect for guests, extended family, or 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.
At a Glance
Bedrooms6
Full Baths5
Half Baths1
Property TypeSingle Family Residence
Year Built1995
LevelsTwo
Garage3 spaces
Community & Resources
Community
Mountain Meadows
Banner Elk, NC
County
Avery
NC · 28604
Tax Assessed
$917K
County record
$/SqFt
$804
Listed price basis
HOA
$1K
Annually
Property Facts
- Property Type
- Single Family Residence
- Year Built
- 1995
- Stories / Levels
- Two
- Living Area (SqFt)
- 2,982
- Above Grade SqFt
- 1,945
- Below Grade SqFt
- 1,037
- Full Bathrooms
- 5
- Half Bathrooms
- 1
- Lot Size
- 1.92 acres
- Zoning
- R-1
- Parcel #
- 1847-01-37-0223-00000
- Tax Assessed Value
- $917K
- HOA
- $1K / Annually
Appliances
DishwasherDryerFreezerIndoor GrillMicrowaveRefrigeratorWasherWasher/Dryer
Heating, Cooling & Utilities
- Heating
- Heat Pump
- Cooling
- Ceiling Fan(s), Central Air
- Fireplace
- Gas
- Laundry
- In Basement, Laundry Room
- Water Source
- Shared Well
- Sewer
- Septic Installed
Exterior & Parking
- Construction
- Wood
- Foundation
- Basement
- Roof
- Metal
- Garage
- 3 spaces
- Parking
- Driveway, Detached Garage
- Exterior Features
- Fire Pit, Hot Tub
View
Long RangeMountain(s)Winter
Gallery
Listing courtesy of EXP Realty LLC · Tyler Coon · Listed 07/30/2026
Listings courtesy of Canopy MLS as distributed by MLS GRID. Information is deemed reliable but not guaranteed. 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. Properties displayed may be listed or sold by various participants in the MLS. Data last updated recently. © 2026 MLS members. All rights reserved.

419 Summit Trail
Banner Elk, NC · $2.40M
