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Single family home for sale at 419 Summit Trl, Banner Elk, NC 28604 | MLS# 4371218 | Listing updated on 2026-10-15
Photo 1 of Single family home for sale at 419 Summit Trl, Banner Elk, NC 28604 | MLS# 4371218 | Listing updated on 2026-10-15
Photo 2 of Single family home for sale at 419 Summit Trl, Banner Elk, NC 28604 | MLS# 4371218 | Listing updated on 2026-10-15
Photo 3 of Single family home for sale at 419 Summit Trl, Banner Elk, NC 28604 | MLS# 4371218 | Listing updated on 2026-10-15
Photo 4 of Single family home for sale at 419 Summit Trl, Banner Elk, NC 28604 | MLS# 4371218 | Listing updated on 2026-10-15
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$2,099,000

Monthly Est:$10,447

  • Beds Icon6 Beds
  • Beds Icon
    6 Baths
  • Beds Icon2,982sqft

419 Summit Trl, Banner Elk, NC 28604

$10,447/moEst:

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  • Single Family Residence

  • Built in 1995

  • $41.67/mo HOA

  • 1.92 acres lot

  • $704/sq.ft

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.

  • Houzeo last checked: 8 minutes ago
  • Listing updated: October 15, 2026 at 5:58 pm
  • Listing Provided by: Tyler Coon (828) 620-2541 | EXP Realty LLC (888) 584-9431
  • Source: Canopy MLS | MLS#: 4371218 Canopy MLS

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Avery County

  • City

    Banner Elk

  • Neighborhood

    --

  • Year Built

    1995

  • HOA Fees

    $41.67/mo

  • Finished Area

    2,982 sqft

  • Lot Size

    1.92 acres lot

  • Basement Area

    - sqft

  • MLS Name

    Canopy MLS

  • MLS Number

    4371218

  • MLS Status

    Active

  • Days on Market

    82

  • Cumulative Days on Market

    77

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Location

HOA Management

Mountain Meadows POA

HOA Fees

$500/ Annually

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 6

    Bathrooms: 6

Interior

  • Appliances

    Dishwasher, Dryer, Freezer, Indoor Grill, Microwave, Refrigerator, Washer, Washer/dryer

  • Cooling

    Ceiling Fan(s), Central Air

  • Heating

    Heat Pump

  • Sewer

    Septic Installed

  • Exterior Features

    Fire Pit, Hot Tub

Construction

  • Year Built

    Year Built: 1995

  • Home type

    Single Family Residence

  • Construction Materials

    Wood

  • Foundation Details

    Basement

  • Roof

    Metal

Utilities & Energy

  • Basement

    Full, Walk Out Access

  • Water Source

    Shared Well

  • Parking Features

    Driveway, Detached Garage

  • Laundry Features

    In Basement, Laundry Room

  • Fireplace Features

    Gas

Other Features

  • Subdivision Name

    Mountain Meadows

Price History

DateEventPrice

09/28/2026

Source: mls_logoCanopy MLS #CAR4371218

Price Decreased

$2,199,000 -4.35%

$737/sqft

09/14/2026

Source: mls_logoCanopy MLS #CAR4371218

Price Decreased

$2,299,000 -4.17%

$771/sqft

07/30/2026

Source: mls_logoCanopy MLS #CAR4371218

Listed for Sale

$2,399,000 +14.29%

$804/sqft

07/30/2026

Source: mls_logoCanopy MLS #CAR4371218

Price Increased

$2,099,000 +31.19%

$704/sqft

04/04/2022

Source: mls_logoCanopy MLS #CAR3846039

Sold

$1,600,000

$537/sqft

Getting Around 419 Summit Trl

Walk Score®

Walk Score

Car-Dependent

0/100

Data provided by Redfin

Nearby Homes

Based on information submitted to the MLS GRID from Canopy MLS through Oct 21, 2026, 02:15AM. All data is obtained from various sources and may not have been verified by the 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. IDX information is provided exclusively for consumers’ personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties which the consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. ©2026 Canopy MLS. All Rights Reserved.

Advertising Broker: Nicholas Huscroft | Chosen Realty