419 Summit Trail, Banner Elk, NC 28604
What's special
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, for 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.
- 56 days |
- 810 |
- 43 |
Travel times
Kitchen
Game Room
Living Room
Sunroom
Zillow last checked:
Listing updated:
Tyler Coon 828-620-2541,
EXP Realty LLC
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Heating
- Electric, Fireplace(s), Heat Pump
Cooling
- Central Air, Other, See Remarks
Appliances
- Included: Dryer, Dishwasher, Freezer, Microwave, Refrigerator, Washer
- Laundry: In Basement
Features
- Furnished
- Basement: Finished
- Has fireplace: Yes
- Fireplace features: Gas, Vented, Propane
- Furnished: Yes
Interior area
- Total structure area: 2,982
- Total interior livable area: 2,982 sqft
- Finished area above ground: 1,945
- Finished area below ground: 1,037
Property
Parking
- Parking features: Detached, Garage, Oversized
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Exterior features: Fire Pit, Hot Tub/Spa
- Has spa: Yes
Lot
- Size: 1.92 Acres
Details
- Parcel number: 18470137022300000
- Zoning description: R1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mountain
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Frame
- Foundation: Basement
- Roof: Metal
Condition
- Year built: 1995
Utilities & green energy
- Sewer: Sewer Applied for Permit, Septic Tank
- Water: Shared Well
- Utilities for property: Septic Available
Community & HOA
Community
- Subdivision: Mountain Meadows
HOA
- Has HOA: Yes
- HOA fee: $500 annually
Location
- Region: Banner Elk
Financial & listing details
- Price per square foot: $737/sqft
- Annual tax amount: $3,668
- Date on market: 8/12/2026
- Listing terms: Cash,Conventional,FHA,New Loan
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 9/28/2026 | Price change | $2,199,000-4.3%$737/sqft |
Source: | ||
| 9/14/2026 | Price change | $2,299,000-4.2%$771/sqft |
Source: | ||
| 7/30/2026 | Listed for sale | $2,399,000+49.9%$804/sqft |
Source: | ||
| 3/31/2022 | Sold | $1,600,000-4.5%$537/sqft |
Source: | ||
| 2/17/2022 | Contingent | $1,675,000$562/sqft |
Source: | ||
| 2/1/2022 | Listed for sale | $1,675,000+97.1%$562/sqft |
Source: | ||
| 5/2/2017 | Listing removed | $850,000$285/sqft |
Source: Premier Sotheby's International Realty #39201708 | ||
| 8/4/2016 | Price change | $850,000-8.1%$285/sqft |
Source: Premier Sotheby's International Realty #39201708 | ||
| 5/10/2016 | Listed for sale | $925,000$310/sqft |
Source: Premier Sotheby's Int'l Realty - Blowing Rock #39201708 | ||
Public tax history
Monthly payment
Estimated market value
Zestimate®
$2,072,700
Estimated sales range
$1.97M - $2.18M
Rent Zestimate®
$3,801/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.