118 Summitt Ledges Lane Banner Elk, NC $ 1,599,900
118 Summitt Ledges Lane
$ 1,599,900
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118 Summitt Ledges Lane

Banner Elk, NC, 28604
$ 1,599,900
Bedrooms4 Baths4.1 Sq 3,429

Monthly Estimate*

$ 11,176

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Single Family Home for sale in Banner Elk, NC

for $1,599,900 with 4 bedrooms and 4 full baths, 1 half bath. This 3,429 square foot home was built in 1985 on a lot size of 1.41.

Welcome home to Elk River! This is the most amazing community with so much to do you won't ever want to leave. Whether you are looking for the perfect 2nd home or your permanent residence you have found it in Elk River. This open concept, main level living home offers everything you need and more. You will feel like you are living on vacation here. Main floor living w/additional spaces upstairs & lower level for your guests to enjoy. Main floor offers: Elegant entrance into the great room w/floor to ceiling rock fireplace and a wall of glass doors to the deck, formal dining, breakfast area just off the fabulous kitchen, living room looking out to your beautiful 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 or extra spot for a day bed. Lower level den w/fireplace, bedroom w/walk-out to the patio, full bath and storage areas. If you are looking for a home with the best outdoor spaces look no further. The deck extends past the length of the house with a beautiful gazebo area. You will enjoy the deck all year with the glass enclosed area off the great room and the open areas off the living room and primary suite. Head down the deck stairs to the large yard surrounded by a landscape screen and enjoy nature in your beautiful space. If you are searching for the perfect place to call home this is where you want to be. Enjoy the summer months with temperatures averaging in the 70s during the day for that perfect outdoor experience in the most beautiful setting. Elk River Amenities: Jack Nicklaus’ Signature Golf Course, airport, Equestrian Center, Dog Park, Playground, Overlook with picnic tables, Tennis, Pool, Wellness Center, Fly Fishing, Fine Dining & more. Water: Carolina Water Service / Sewer: Septic Internet: Spectrum Restrictive cov. & seller disclosures available to buyer prior to viewing

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Single Family Active

Price

$ 1,599,900

Bedrooms

4

Full Bath

4

Half Bath

1

Property Type

Single Family

Taxes

$ 4,042

Style

Single Family

Lot Size

1.41

Year Built

1985

Town/City

Banner Elk

County/Region

Avery

MLS | Web ID

244017

Features
General
Interior Features Attic CathedralCeilings
Sewer SepticTank
Heating Electric HeatPump
Cooling Electric HeatPump
Utilities SepticAvailable
Roof Architectural Shingle
Appliances Dryer Dishwasher ElectricRange Microwave Refrigerator Washer
Exterior Features Other SeeRemarks
HOA 5496.0
Garage Spaces 2.0
Patio/Porch Features Covered Open
Architectural Style Traditional
Pool Features Community
Security Features Item24HourSecurity
Construction Materials Cedar Other SeeRemarks WoodFrame
Year Built 1985
Stories 2
Levels Two
Property SubType SingleFamilyResidence
Community Features ClubMembershipAvailable Clubhouse EquestrianCommunity FitnessCenter Fishing Golf Pool AirportRunway TennisCourts
Assoc Fee Paid Per Annually
County Avery
New Construction N
Property Type Residential
HOA / Comm Assn Y
Attached Garage Y
Subdivision Name Elk River
Garage Y/N Y
Status Active
High School Avery County
City Banner Elk
Buyer Agent Compensation 3
View Y/N N
Senior Community Y/N N
Zoning Description Residential
MLS Area 8-Banner Elk
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Summitt Ledges
Listing Terms Cash Conventional NewLoan
Elementary School Banner Elk
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 4042.4
Home Warranty Y/N N
Middle/Junior High School Avery
Lease Renewal Y/N N
MLS Area Minor Banner Elk
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 174
Standard Status Active
Property Sub Type Additional SingleFamilyResidence
Buyer Agent Compensation Type Item1
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Interior
Basement ExteriorEntry Finished InteriorEntry Unfinished WalkOutAccess
Total Fireplaces 2
Fireplace Features Two Stone
Total Stories 2
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 2778.0
Full Baths 4
Half Baths 1
Street Suffix Lane
Laundry Features MainLevel
Total Bedrooms 4
Below Grade Finished Area 651.0
Electric On Property Y/N N
Total Baths 5
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Exterior
Parking Features Asphalt Attached Driveway Garage TwoCarGarage
Water Source Other Private SeeRemarks
Lot Size Area 1.41
Foundation Details Basement
Spa N
Building Area Total 4221.0
Lot Size Acres 1.41
Road Surface Type Paved
Lot Size Units Acres
Road Frontage Type PrivateRoad
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 118
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* Excluded Features
List By
Re/Max A-Team

Broker

meredith@carswellteam.com

Email

Affordability Calculator

$11,513
Per Month
97%
3%
0%
Monthly Principal & Interest
$11,176
Monthly Property Taxes
$337
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4062214 Elementary School
4062215 Middle School
Avery County High School High School
Pricing History
DatePricePrice ChangeDescription
11/15/2023$1,599,900 -1.84% Price Down
7/7/2023$1,629,900 Listed Price

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118 Summitt Ledges Lane, Banner Elk, NC, 28604 is a Single Family Home for sale at $1,599,900 with 3,429 sqft and a lot size of 1.41. 118 Summitt Ledges Lane has 4 bedrooms, 4.1 baths, and was built in 1985. The property's zip code is 28604 which is in Banner Elk, NC