LKV Realty
Logo
$2,399,000
$6,800Reward *
419 Summit Trail, Banner Elk, NC 28604Listing ID 4371218

419 Summit Trail, Banner Elk, NC 28604

Active
Mountain Meadows
Time on site: 15 daysLast updated: Jul 31, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
6
Bathrooms
Bathrooms
6
Square Feet
Square Feet
2,982
Days on Site
Days on Site
14
Cooling
Cooling
Ceiling Fan(s), Central Air
Heating
Heating
Heat Pump
Year Built
Year Built
1995
Garages
Garages
3
Parking
Parking
Driveway, Detached Garage

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 Information

Property Details

Location

Address
419 Summit Trail
County
Avery
City
Banner Elk
Zip Code
28604
Subdivision
Mountain Meadows
High School
Unspecified
Elementary School
Unspecified

Interior Features

Beds and Baths

Bedrooms
6
Full Bathrooms
5
Half Bathrooms
1

Building

Building Information

Square Feet
2,982
Year Built
1995
Construction
Wood
Foundation
Basement
Roof
Metal

Financial

Special Conditions
Subject to Lease

Homeowner Association

HOA Fee
$500
HOA Fee Frequency
Annually
EXP Realty LLC, (888) 584-9431

Market Report for 28604

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Canopy MLS
Canopy MLS logo

Based on information submitted to the MLS GRID as of 14 Aug 2026, 01:27 AM UTC. 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.

For corrections to this data please contact Brytecore MLS Support.

CAR74583