Designed for entertaining and mountain living, this beautifully updated 4-bedroom, 4.5-bath custom home offers exceptional indoor and outdoor spaces with plenty of room to gather, relax, and enjoy every season. A lovely waterfall welcomes you upon arrival, setting the tone for this truly unique mountain retreat. With extensive recent updates, this home is ready to enjoy from the moment you arrive.
The main level features two separate living and seating areas, along with a cozy reading room offering a beautiful place to unwind and take in the surrounding mountain views. Enjoy mountain views from most rooms throughout the home. Recent updates throughout the main level include fresh interior paint, new lighting, beautifully updated bathrooms, and a refreshed kitchen featuring new countertops and brand-new appliances. The spacious primary suite now features a new walk-in shower in addition to the existing steam shower. A brand-new washer and dryer have also been added on the main level.
Step outside to the new Trex upper deck with ambient lighting, creating the perfect setting for outdoor entertaining or relaxing in the mountain air. Additional outdoor amenities include a heated dining area, outdoor kitchen with entertainment bar, built-in pizza oven, hot tub, refrigerator, and ice maker.
Downstairs, a third living and gathering area with a fireplace provides even more room to spread out and offers flexible space for a game room, exercise area, additional entertaining space, or guests. Throughout the home, five fireplaces add warmth and character.
Additional features include a whole-house generator, central vacuum system, two-car garage, multiple refrigerators and freezers, wine cabinets, fenced yard, and an abundance of storage and entertaining space. Home is being offered furnished, with a few select exclusions. Art work will not convey.
For sale
Price cut: $50K (10/19)
$2,600,000
131 Meadowlark Lane, Banner Elk, NC 28604
4beds
4,521sqft
Single Family Residence
Built in 1986
1.45 Acres Lot
$2,417,100 Zestimate®
$575/sqft
$542/mo HOA
What's special
Fenced yardHot tubFresh interior paintNew walk-in showerExisting steam showerTwo-car garageBuilt-in pizza oven
- 52 days
- 355
- 9
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Whitney Ingram (828)898-3808,
Engel & Volkers Banner Elk
Source: High Country AOR,MLS#: 264287
Originating MLS: High Country Association of Realtors Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Electric, Fireplace(s), Heat Pump
Cooling
- 2 Units
Appliances
- Included: Built-In Oven, Double Oven, Dryer, Dishwasher, Exhaust Fan, Freezer, Gas Cooktop, Disposal, Microwave, Refrigerator, Warming Drawer, Washer
- Laundry: Main Level
Features
- Central Vacuum, Furnished, Hot Tub/Spa
- Basement: Finished
- Has fireplace: Yes
- Fireplace features: Gas, Vented, Outside, Propane
- Furnished: Yes
Interior area
- Total structure area: 4,521
- Total interior livable area: 4,521 sqft
- Finished area above ground: 2,930
- Finished area below ground: 1,591
Property
Parking
- Total spaces: 2
- Parking features: Asphalt, Attached, Driveway, Garage, Two Car Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Multiple, Wrap Around
- Exterior features: Hot Tub/Spa, Outdoor Grill, Outdoor Kitchen
- Pool features: Community
- Has spa: Yes
- Spa features: Hot Tub
- Fencing: Back Yard
- Has view: Yes
- View description: Long Range, Mountain(s), Trees/Woods
Lot
- Size: 1.45 Acres
- Features: Waterfall
Details
- Parcel number: 18480005844200000
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mountain
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Frame
- Foundation: Basement
- Roof: Shake,Wood
Condition
- Year built: 1986
Utilities & green energy
- Electric: Generator
- Sewer: Community/Coop Sewer, Private Sewer
- Water: Community/Coop
- Utilities for property: Cable Available, High Speed Internet Available
Community & HOA
Community
- Features: Club Membership Available, Clubhouse, Dog Park, Equestrian Community, Fitness Center, Golf, Gated, Pickleball, Pool, River, Airport/Runway, Tennis Court(s), Trails/Paths
- Security: 24 Hour Security
- Subdivision: Elk River
HOA
- Has HOA: Yes
- HOA fee: $6,505 annually
Location
- Region: Banner Elk
Financial & listing details
- Price per square foot: $575/sqft
- Tax assessed value: $964,700
- Annual tax amount: $3,858
- Date on market: 9/18/2026
- Listing terms: Cash,Conventional,New Loan
- Road surface type: Paved
Estimated market value
$2,417,100
$2.30M - $2.54M
$6,695/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/19/2026 | Price change | $2,600,000-1.9%$575/sqft |
Source: | ||
| 9/18/2026 | Listed for sale | $2,650,000+55.9%$586/sqft |
Source: | ||
| 2/4/2023 | Listing removed | -- |
Source: | ||
| 1/9/2023 | Price change | $1,700,000-2.9%$376/sqft |
Source: | ||
| 12/12/2022 | Price change | $1,750,000-10.3%$387/sqft |
Source: | ||
| 10/6/2022 | Price change | $1,949,999-2.5%$431/sqft |
Source: | ||
| 8/19/2022 | Listed for sale | $1,999,999+48.1%$442/sqft |
Source: | ||
| 5/19/2021 | Listing removed | -- |
Source: | ||
| 3/15/2021 | Listed for sale | $1,350,000$299/sqft |
Source: | ||
| 12/1/2020 | Listing removed | $1,350,000$299/sqft |
Source: Engel & Voelkers Banner Elk #224120 Report a problem | ||
| 8/28/2020 | Listed for sale | $1,350,000+69%$299/sqft |
Source: Engel & Volkers Banner Elk #224120 Report a problem | ||
| 12/3/2010 | Sold | $799,000+29.9%$177/sqft |
Source: Public Record Report a problem | ||
| 10/5/2007 | Sold | $615,000$136/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,859 | $964,700 |
| 2024 | $3,859 | $964,700 |
| 2023 | $3,859 | $964,700 |
| 2022 | $3,859 +12.1% | $964,700 +54.1% |
| 2021 | $3,443 | $626,000 |
| 2020 | $3,443 | $626,000 |
| 2019 | $3,443 | $626,000 |
| 2018 | $3,443 | $626,000 -17.9% |
| 2017 | $3,443 +1.3% | $762,400 +0.3% |
| 2016 | $3,398 | $759,900 |
| 2015 | $3,398 | $759,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 28604
Nearby schools
Schools provided by the listing agent
- Elementary: Banner Elk
- High: Avery County
Source: High Country AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






