Listed price in listed location currency (USD).
$2,399,000

663

MLS® 4371218

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2982 sqft
Garage Yes
Taxes 
Days Active 1
Lot Size 1.92 Acres
Approx. Age 1995
Avg. Price Per Sqft $804
MLS® Number 4371218

Property Address: 419 Summit Trl, Banner Elk, NC, 28604-7659

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number4371218
Laundry LevelLower
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1995
BasementFull, Walk-Out Access
DrivewayDriveway, Detached Garage
Garage Spaces
HeatHeat Pump
A/CCeiling Fan(s), Central Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 30, 2026List Date
$2,399,000List Price
  • Commute

Commute

Starting Address
Destination Address
419 Summit Trl, Banner Elk, NC

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