419 Summit Trail Banner Elk, NC 28604
Listed By: eXp Realty LLC - Contact:  tyler@savvy.realty

  419 Summit Trail Banner Elk, NC 28604

Active
$2,399,000 (USD)
6
BED
6
BATH
2,982
SQFT

Description

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.

MLS #:
4371218
Lot Size
1.92 acres
Type
Single-Family Home
Year Built
1995
County
Avery County

Listed By

Tyler Coon, eXp Realty LLC, Contact: tyler@savvy.realty
Source
CANOPY MLS - IDX
Last checked Jul 30 2026 at 9:17 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 5
  • Half Bathroom: 1
Subdivision
  • Mountain Meadows
Property Features
  • Fireplace: Gas
  • Foundation: Basement
Heating and Cooling
  • Heat Pump
  • Ceiling Fan(s)
  • Central Air
Homeowners Association Information
  • Dues: $500/Annually
Exterior Features
  • Roof: Metal
Utility Information
  • Sewer: Septic Installed
School Information
  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified
Parking
  • Driveway
  • Detached Garage
Living Area
  • 2,982 sqft
Additional Information: eXp Realty LLC | tyler@savvy.realty
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Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Based on information submitted to the MLS GRID as of 7/30/2026 21:17. 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.