118 Summit Ledges Lane, Banner Elk, NC 28604

$1,599,900 Asking Price

4 beds
5 baths
3,429  sqft
Built in 1985

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


Features & Amenities

Interior

General:
Attic Walk In, Kitchen Island, Open Floorplan, Storage, Vaulted Ceiling(s), Walk-In Closet(s)
Appliances:
Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer, Washer/Dryer
Laundry:
Inside, Laundry Room, Main Level
Basement:
Basement Shop, Exterior Entry, Full, Interior Entry, Partially Finished, Storage Space, Unfinished, Walk-Out Access, Walk-Up Access
A/C:
Heat Pump
Heating:
Heat Pump
Fireplace:
Den, Great Room, Fireplace

Exterior

Other Structures:
Deck, Covered
Parking:
Circular Driveway, Driveway, Attached Garage, Garage Door Opener, Garage Faces Front

Construction

General:
Site Built, Basement

Location

Road/Access:
Asphalt, Paved
HOA Amenities:
5496.0, Annually
Originating MLS:
carolina
County:
Avery

Lot

Zoning:
Res, 1848-00-14-1356-00000

Utilities

Water:
Other - See Remarks
Sewer:
Other - See Remarks

Financial

Source:
carolina
Buyers Agent Compensation:
3 %

This listing courtesy of:
RE/MAX A-Team

About Banner Elk, NC

Housing

Number of Units
8,247
Median Home Value
$219,987
Median Rent
$809

26.32% of housing units are renter occupied.

62.94% are vacant.

Commute

Car
75.88%
Public Transportation
0.13%
Walk to Work
4.01%
Work from Home
18.97%
Other
0.97%

The median travel time to work is 20 minutes.

People

Population
7,005
Median Age
43.20
Median Household Size
2.48

Education

High School
19.90%
Associate’s Degree
9.05%
Bachelor’s Degree
24.70%
Graduate Degree
14.38%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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