419 Summit Trail
Banner Elk, NC 28604
Est. $14,001/mo20% down · 7.125% · 30-yrAdjust
- P&I$11,852
- Taxes$1,374
- Insurance$733
- PMI$0
- HOA$42
Principal, interest, property tax, insurance & HOA. Estimate only — not a loan offer.
$737/Sq Ft
6 bd · 5 ba · 2,982 sqft · $737/sqft
HOA & Association
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, 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.
Property history
-
Sep 28, 2026Price reduced $2,199,000 ActiveWas $2,299,000
-
Sep 14, 2026Price reduced $2,299,000 ActiveWas $2,399,000
-
Jul 30, 2026Listed for sale $2,399,000 ActiveListed 60 Days
Show 2 more Show less
-
Apr 4, 2022Sold $1,600,000 ClosedListed $1,600,000 · Feb 16, 2022 47 days on market
-
Feb 16, 2022Previously listed $1,600,000 Closed
Property Details
Interior Details
- Heating
- Heat Pump
- Room Count
- 23
- Half Bathrooms
- 1
- Unheated Sq Ft
- 24
- Total Bathrooms
- 6
- Laundry Features
- In Basement
- Laundry Room
- Main Level Sq Ft
- 1262
- Basement Bedrooms
- 2
- Main Level Garage
- Yes
- Upper Level Sq Ft
- 683
- Fireplace Features
- Gas
- Basement Full Baths
- 1
- Basement Half Baths
- 0
- Main Level Bedrooms
- 1
- Unheated Upper Sq Ft
- 24
- Upper Level Bedrooms
- 1
- Main Level Full Baths
- 1
- Main Level Half Baths
- 0
- Second Living Quarters
- Guest House
- Upper Level Full Baths
- 1
- Upper Level Half Baths
- 0
- Total Heated Living Area
- 4856
- Second Living Quarters Sq Ft
- 988
- Second Living Quarters Bedrooms
- 2
- Second Living Quarters Full Baths
- 2
- Second Living Quarters Half Baths
- 1
Dwelling And Structure
- Construction Type
- Site Built
Square Footage And Levels
- Levels
- Two
- Above Grade Finished Area
- 1945
- Below Grade Finished Area
- 1037
Parking And Garage
- Parking Features
- Driveway
- Detached Garage
Exterior Features
- Roof
- Metal
- Exterior Features
- Fire Pit
- Hot Tub
- Construction Materials
- Wood
Lot And Land
- Lot Size Acres
- 1.92
- Lot Size Units
- Acres
Basement And Foundation
- Basement
- Full
- Walk-Out Access
- Foundation Details
- Basement
Waterfront And View
- View
- Long Range
- Mountain(s)
- Winter
Utilities
- Sewer
- Septic Installed
- Water Source
- Shared Well
Financial Information
- City Taxes Paid To
- No City Taxes Paid
Zoning And Restrictions
- Zoning
- R-1
- Restrictions
- Short Term Rental Allowed
- Subject To Ccrs
- Yes
Listed by Tyler Coon (828-620-2541) · EXP Realty LLC (888-584-9431)
Location
- Address
- 419 Summit Trail
- City
- Banner Elk, NC 28604
- Community
- Mountain Meadows
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
IDX information is provided exclusively for consumers’ personal, non-commercial use only; 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 GRID. Use of this site may be subject to an end user license agreement.
Based on information submitted to the MLS GRID as of Sep 28, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Some IDX listings have been excluded from this website.
Any use by you of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
DMCA Notice: Palmetto Park Realty respects the intellectual property rights of others. If you believe that your work has been copied in a way that constitutes copyright infringement, please provide our designated agent with written notice containing the following information: (1) identification of the copyrighted work claimed to have been infringed; (2) identification of the material that is claimed to be infringing; (3) your contact information; (4) a statement that you have a good faith belief that use of the material is not authorized; and (5) a statement that the information in the notification is accurate and you are authorized to act on behalf of the copyright owner.
Please send DMCA notices to: hello@palmettopark.com