419 Summit Trail, Banner Elk NC
- 6 Bed
- 6 Bath
- 1262 ft2
- 1.9 ac
For Sale $2,399,000
Remarks:
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.
Exterior Features:
Fire Pit, Hot Tub
General Information:
| List Price: | $2,399,000 |
| Status: | For Sale |
| Bedrooms: | 6 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1262 sqft |
| Parking: | Driveway, Detached Garage |
| MLS Number: | CAR4371218 |
| Subdivision: | Mountain Meadows |
| Bathrooms: | 6 |
| Year Built: | 1995 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 08-12-2026 | Listed | $2,399,000 | $1,901 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Grandfather Academy | 2 miles | 01-07 | 1 |
| Valle Crucis Elementary | 9 miles | PK-05 | 8 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 419 Summit Trail, Banner Elk NC | 0 mi | $2,399,000 | days | |
| 100 Summersweet Drive, Banner Elk NC | 0.3 mi | $365,000 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28604
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By EXP Realty LLC
419 Summit Trail, Banner Elk NC is a 1262 ft2 on a 1.920 acres Appraisal lot. This is for $2,399,000. This has 6 bedrooms, 6 baths, and was built in 1995.
Based on information submitted to the MLS GRID as of 2026-08-12 05:28:49 EST. 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.
Properties displayed may be listed or sold by various participants in the MLS.
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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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