About This Home

This 6-bedroom, 6-bathroom single family at 419 Summit Trail in Banner Elk, NC is listed for $2,099,000 ($432 per sqft). Built in 1995, the home offers 4,856 sqft of living space on a 1.92 acres lot.

Key Features

  • Built in 1995
  • 1.92 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
5 full, 1 half
3-car garage
1995

Amenities

FireplaceA/C
Listing 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.

Monthly Cost Estimate

$11,726/mo

20% down · 6.5% · 30 years

Principal$1,518
Interest$9,096
Insurance$612
HOA$500

Estimates only. Actual payments may vary.

Location

419 Summit Trail

Banner Elk, NC 28604

Mountain Meadows

Features & Amenities

Exterior Features

Fire PitHot Tub

Property Details

Construction

Wood

Parking

Garage - DetachedDriveway

Heating

Heat Pump (Heating)

Cooling

Ceiling Fan(s)Central Air

Appliances

DishwasherDryerFreezerIndoor GrillMicrowaveRefrigeratorWasherWasher/Dryer

Questions & Answers

This 6-bedroom, 6-bathroom single family at 419 Summit Trail is listed at $2,099,000 ($432/sqft). The estimated monthly payment is $11,726 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $500/month.

Key features include: Built in 1995, 1.92 acre lot, 2 stories, Fireplace. Exterior Features: Fire Pit, Hot Tub.

This property is listed by Tyler Coon.

TC

Tyler Coon

Agent at EXP REALTY LLC

Listed by EXP REALTY LLC · Broker phone: (336) 937-9123 · View on Broker Site

MLS# 4371218· Source: Canopy MLS· 90 days on PropertySimple

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

419 Summit Trail, Banner Elk, NC 28604

Open this listing in: