419 Summit Trail
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

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419 Summit Trail
Banner Elk, NC · $2.40M