118 Summit Ledges Lane

Banner Elk, NC 28604

$1,599,900
Price
4
Beds
4
Baths
1
1/2 Bath
3,429 Sq. Ft.
$467 / Sq. Ft.
3,429
Sq. Ft.
$467
per Sq. Ft.

Description

Your new home in Elk River Club is nestled in the trees for the perfect mountain escape. This is the perfect home for everyone to have their own space. Main floor living w/additional spaces upstairs & lower level for your guests. Main floor offers: Elegant entrance into the great room w/floor to ceiling rock fireplace, wall of glass doors to the deck, formal dining area, breakfast area, gourmet kitchen, living room looking out to your beautiful wooded yard, half bath, primary suite w/exquisite primary...Your new home in Elk River Club is nestled in the trees for the perfect mountain escape. This is the perfect home for everyone to have their own space. Main floor living w/additional spaces upstairs & lower level for your guests. Main floor offers: Elegant entrance into the great room w/floor to ceiling rock fireplace, wall of glass doors to the deck, formal dining area, breakfast area, gourmet kitchen, living room looking out to your beautiful wooded yard, half bath, primary suite w/exquisite primary bath, large closet & glass doors to the deck. Upper level offers 2 bedroom suites w/full baths and a reading nook. Lower level den w/fireplace, glass doors to patio, bedroom, full bath and storage areas. The Elk River Club is a luxurious gated community w/approximately 1,200 acres in the Blue Ridge mountains. Member Ammenities: Jack Nicklaus Signature golf course, 50,000 square foot clubhouse, tennis, fitness & equestrian centers plus an on-site jetport. Internet/Cable: Spectrum
  1. Listed by Meredith Miller Carswell • RE/MAX A-Team • Meredith@CarswellTeam.com

Property Details for 118 Summit Ledges Lane

Parking Features
Circular Driveway, Driveway, Attached Garage, Garage Door Opener, Garage Faces Front
Community Features
Airport/Runway, Clubhouse, Dog Park, Fitness Center, Gated, Golf, Outdoor Pool, Picnic Area, Playground, Stable(s), Tennis Court(s), Walking Trails
Subdivision Name
Elk River Club

Location

Listing Courtesy of RE/MAX A-Team
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LISTING UPDATED: 03/14/2024 12:43 PM

Property Details for 118 Summit Ledges Lane

StatusActive
MLS #4022375
Days on Market307
Taxes-
HOA Fees$5,496 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1985
Lot Size1.41 AC / 61,419 SF
CountyAvery County

Location

Listing Courtesy of RE/MAX A-Team
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Building Information for 118 Summit Ledges Lane

Stories-Year Built1985Building Size-Lot Size1.41 AC / 61,419 SF

Payment Calculator

$9,612 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,731

Property Taxes

$423

HOA Dues

$458

The Payment Calculator is for illustrative purposes only.

Property Information for 118 Summit Ledges Lane

Summary
Location and General Information
  • Longitude: -81.908865
  • Latitude: 36.145454
  • Directions: To Elk River Country Club, from Boone, take 105 South towards Banner Elk. Turn right at the stop light at Tyncastle Shopping Center onto Tycastle Highway towards downtown Banner Elk. At the 3 way stop light, turn left on 184/191 and pass Lees McRae. Follow 191 to left when 184 splits off and continue straight until entrance and guard gate on your left. Appt must be made in advance.
Taxes and HOA Information
  • HOA Subject To: Required
  • HOA Subject To Dues: Mandatory
  • Tax Assessed Value: $1,269,900.00
  • Association Name: Elk River POA
  • Parcel Number: 1848-00-14-1356-00000
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: Avery County
  • High School: Avery County
  • Elementary School: Banner Elk
Parking
  • Open Parking: No
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Main Level Garage: Yes
Property
Lot Information
  • Elevation: 4500
  • Above Grade Finished Area: 2778.0
  • Below Grade Finished Area: 651.0
  • Sq Ft Garage: 528
  • Sq Ft Lower: 0
  • Sq Ft Main: 2117
  • Sq Ft Third: 0
  • Sq Ft Unheated Basement: 792
  • Sq Ft Unheated Total: 792
  • Sq Ft Upper: 661
  • Lot Features: Level, Sloped, Wooded
  • Lot Size Units: Acres
  • Property Type: Residential
Property and Assessments
  • Geocode Confidence: High
  • Down Payment Resource: 0
  • New Construction: No
  • Photos Count: 47
  • Road Responsibility: Private Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community: No
Green Features
  • Green Verification Count: 0
Utilities
  • Sewer: Other - See Remarks
  • Water Source: Other - See Remarks
Interior and Exterior Features
Exterior Features
  • Accessibility Features: Mobility Friendly Flooring
  • Construction Materials: Wood
  • Patio And Porch Features: Covered, Deck
  • Road Surface Type: Asphalt, Paved
Interior Features
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer, Washer/Dryer
  • Levels: Two
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Interior Features: Attic Walk In, Kitchen Island, Open Floorplan, Storage, Vaulted Ceiling(s), Walk-In Closet(s)
  • Laundry Features: Inside, Laundry Room, Main Level
  • Fireplace Features: Den, Great Room
  • Fireplace: Yes
  • Foundation Details: Basement
  • Basement: Yes
  • Basement: Basement Shop, Exterior Entry, Full, Interior Entry, Partially Finished, Storage Space, Unfinished, Walk-Out Access, Walk-Up Access
  • Bedroom Basement: 1
  • Bedroom Main: 1
  • Bedroom Upper: 2
  • Full Bath Basement: 1
  • Full Bath Main: 1
  • Full Bath Upper: 2
  • Half Bath Basement: 0
  • Half Bath Main: 1
  • Half Bath Upper: 0
Room Information
Room 1
  • Room Types: Primary Bedroom
  • Room Level: Main
Room 2
  • Room Types: Great Room
  • Room Level: Main
Room 3
  • Room Types: Dining Area
  • Room Level: Main
Room 4
  • Room Types: Breakfast
  • Room Level: Main
Room 5
  • Room Types: Living Room
  • Room Level: Main
Room 6
  • Room Types: Laundry
  • Room Level: Main
Room 7
  • Room Types: Bathroom-Half
  • Room Level: Main
Room 8
  • Room Types: Bedroom(s)
  • Room Level: Upper
Room 9
  • Room Types: Bedroom(s)
  • Room Level: Upper
Room 10
  • Room Types: Bathroom-Full
  • Room Level: Upper
Room 11
  • Room Types: Bathroom-Full
  • Room Level: Upper
Room 12
  • Room Types: Den
  • Room Level: Basement
Room 13
  • Room Types: Bedroom(s)
  • Room Level: Basement
Room 14
  • Room Types: Bathroom-Full
  • Room Level: Basement
Room 15
  • Room Types: Utility Room
  • Room Level: Basement
Room 16
  • Room Types: Utility Room
  • Room Level: Basement

Property History for 118 Summit Ledges Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 118 Summit Ledges Lane

Taxable ValueLand$275,000Additions$994,900Total$1,269,900
Tax Record2023$5,080 ($423 / month)
Home Facts
Beds4Baths3.5Total Finished SqFt3,610 SqFtAbove Grade Finished SqFt3,610 SqFtUnfinished Basement SqFt1,120 SqFtStories2Lot Size61,420 SqFtStyleSingle Family ResidenceYear Built1985Year Renovated2015CountyAVERYAPN18480014135600000Fireplace TypeHas Fireplace

Schools near 118 Summit Ledges Lane

This home is within Avery County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Banner Elk Elementary School
PublicPK to 5

Cranberry Middle School
Public6 to 8

Avery County High School Stem Academy
Public9 to 12

Avery County High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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118 Summit Ledges Lane is a single family home for sale in Banner Elk, NC 28604. This property was listed for sale on July 7, 2023 by RE/MAX A-Team, it's currently listed at $1,599,900. It has been on the market for a total of 307 days and was last sold on December 17, 2018. This listing's school district is Avery County School District. Nearby schools include Banner Elk Elementary School, Cranberry Middle School and Avery County High School Stem Academy. 118 Summit Ledges Lane is a 4-bed, 4.5-bath, 3,429 sqft single family home built in 1985.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX A-Team

Based on information from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.