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.
Single Family
- Price
- $ 2,299,000
- City
- Banner Elk
- Bedrooms
- 6
- Full Bathrooms
- 5
- County
- AVERY
- Half Bathrooms
- 1
- Area
- Avery County
- Lot Size
- 1.92 Acres
- Zip
- 28604
- Sqr Footage
- 4,856
- Year Built
- 1995
- Style
- MLS#
- 4371218
Features
General
Interior Features
Exterior Features
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Affordability Calculator
$3,786
Per MonthBased on the average sale price from the Hickory, NC office
- Monthly Principal & interest $2,658
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
Schools
Price History
Property vs Zip Code Average in 28604
In The Neighborhood
In The Neighborhood
- Type
- Single Family
- Size
- <span>3,616</span> SqFt
- Rooms
- <span>3</span> Beds + <span>4</span> Baths
- Type
- Single Family
- Size
- <span>1,476</span> SqFt
- Rooms
- <span>2</span> Beds + <span>2</span> Baths
- Type
- Single Family
- Size
- <span>2,950</span> SqFt
- Rooms
- <span>3</span> Beds + <span>2</span> Baths
- Type
- Single Family
- Size
- <span>2,055</span> SqFt
- Rooms
- <span>3</span> Beds + <span>3</span> Baths
- Type
- Single Family
- Size
- <span>5,155</span> SqFt
- Rooms
- <span>5</span> Beds + <span>4</span> Baths
- Type
- Single Family
- Size
- <span>1,530</span> SqFt
- Rooms
- <span>1</span> Beds + <span>2</span> Baths
- Type
- Single Family
- Size
- <span>2,128</span> SqFt
- Rooms
- <span>4</span> Beds + <span>2.5</span> Baths
- Type
- Single Family
- Size
- <span>7,297</span> SqFt
- Rooms
- <span>4</span> Beds + <span>6</span> Baths
Areas That We Cover
- Alexis
- Blowing Rock
- Boomer
- Casar
- Catawba
- Charlotte
- Cherryville
- Claremont
- Cleveland
- Collettsville
- Concord
- Connelly Springs
- Conover
- Cornelius
- Crouse
- Davidson
- Denver
- Drexel
- Glen Alpine
- Granite Falls
- Hamptonville
- Harmony
- Hickory
- Hiddenite
- Hildebran
- Hudson
- Huntersville
- Iron Station
- Ironton Township
- Lenoir
- Lincolnton
- Love Valley
- Maiden
- Matthews
- Midland
- Mint Hill
- Mooresville
- Moravian Falls
- Morganton
- Nebo
- Newland
- Newton
- Olin
- Patterson
- Pineville
- Rhodhiss
- Rutherford College
- Sherrills Ford
- Stanley
- Statesville
- Stony Point
- Taylorsville
- Terrell
- Troutman
- Union Grove
- Valdese
- Vale
419 Summit Trail Banner Elk, NC is a Single Family Home for sale at $2299000 with 4856 sqft and a lot size of 1.92 Acres Acre(s). 419 Summit Trail Banner Elk has 6 bedrooms, 5 baths and was built in 1995. The property's zip code is 28604 which is in Banner Elk, NC
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.