Skip main navigation
For sale
  • Price cut: $50K (10/19)
    $2,600,000

    131 Meadowlark Lane, Banner Elk, NC 28604

    4beds
    4,521sqft
    : 
    $14,959/mo
    Get pre-qualified
    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
    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.
    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#: 264287MLS LogoOriginating 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

        DateEventPrice
        10/19/2026Price change$2,600,000-1.9%$575/sqft
        Source: High Country AOR #264287 Report a problem
        9/18/2026Listed for sale$2,650,000+55.9%$586/sqft
        Source: High Country AOR #264287 Report a problem
        2/4/2023Listing removed--
        Source: Engel & Volkers Report a problem
        1/9/2023Price change$1,700,000-2.9%$376/sqft
        Source: High Country AOR #239474 Report a problem
        12/12/2022Price change$1,750,000-10.3%$387/sqft
        Source: High Country AOR #239474 Report a problem
        10/6/2022Price change$1,949,999-2.5%$431/sqft
        Source: High Country AOR #239474 Report a problem
        8/19/2022Listed for sale$1,999,999+48.1%$442/sqft
        Source: High Country AOR #239474 Report a problem
        5/19/2021Listing removed--
        Source: Engel & Volkers Report a problem
        3/15/2021Listed for sale$1,350,000$299/sqft
        Source: High Country AOR #228934 Report a problem
        12/1/2020Listing removed$1,350,000$299/sqft
        Source: Engel & Voelkers Banner Elk #224120 Report a problem
        8/28/2020Listed for sale$1,350,000+69%$299/sqft
        Source: Engel & Volkers Banner Elk #224120 Report a problem
        12/3/2010Sold$799,000+29.9%$177/sqft
        Source: Public Record Report a problem
        10/5/2007Sold$615,000$136/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28604

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        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.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts