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$15,850,000
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Property Description
Discover the pinnacle of mountain living in this architectural masterpiece! This magnificently crafted marvel is on 7.64 private, landscaped acres within the gates of Elk River. Designed with architectural brilliance and unparalleled craftsmanship. The expansive great room showcases stunning wood and stone elements, soaring ceilings, and a complete bar for entertaining overlooking the dining area with a detailed fireplace. The gourmet kitchen features top-tier appliances custom cabinetry, and opens to a generous screened porch perfect for outdoor living. Retreat to the primary suite with its spa-like bath, including a waterfall shower and soaking tub with views. The home offers two offices, a library, a theater, a personal gym, and two elevators for ultimate convenience. The custom wine cellar with leaded glass is a wine lover's dream. The beautifully landscaped grounds create a serene, private retreat. This estate is a perfect blend of elegance and comfort, offering a truly lavish lifestyle. Not one inch was overlooked! In addition to a Jack Nicklaus signature golf course, Elk River Club members can enjoy the 50,000-square-foot clubhouse, tennis, fitness, and equestrian centers, plus an onsite jetport.
Full Property Details
Full Property Details for 120 Summit Park Dr
General
- Sold For: $15,850,000
- HOA FEE: $458/month
- HOA FEE FREQ.: Annually
- Taxes: $28,049
- Status: Closed
- Type: Single Family
- Source: 2217
- MLS ID: 251869
- Added to Site: 492 day(s) ago
Interior
- Interior Features: Wet Bar, Cathedral Ceiling(s), Elevator, Home Theater
- Fireplace: Yes
- Number of Fireplaces: 3
- Fireplace(s): Three, Gas, Other, See Remarks, Stone, Vented, Outside, Propane
- Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Range, Gas Water Heater, Microwave, Other, Refrigerator, See Remarks, Warming Drawer, Washer
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 6
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Main Level, Upper Level
Additional Information
- Shared Pool: Yes
- Pool: Yes
- Pool Description: Community
- Security/Safety: Security System, 24 Hour Security, Radon Mitigation System
Exterior
- Exterior Features: Elevator, Storage, Paved Driveway
- Porch/Patio/Deck: Covered, Multiple, Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Parking Features: Attached, Driveway, Garage, Oversized, Paved, Private, Three or more Spaces
Location
- Area: 8-Banner Elk
- County: Avery
- Subdivision: Elk River
School Information
- Elementary School: Banner Elk
- High School: Avery County
Community
- Community Name: 8-Banner Elk
- Gated community: Yes
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Heat Pump, 3+ Units, Zoned
- Heating Type: Electric, Forced Air, Fireplace(s), Heat Pump, Propane, Radiant Floor, Zoned
Utilities
- Sewer: Community/Coop Sewer
- Water: Community/Coop, Private
- Utility Description: High Speed Internet Available
Structural Information
- Architectural Style: Other, See Remarks
- Detached/Attached: Detached
- Construction: Masonry, Stone
- Basement: Yes
- Basement Desc.: Crawl Space, Unfinished, Walk-Out Access
- Roof: Other, See Remarks
- Windows: Double Pane Windows
- Stories/Levels: 3
- Square Feet: 16,297
- Living Area: 13,446 Sq. Ft.
- Finished Total: 13,446 Sq. Ft.
- Finished Above Grnd: 13,446 Sq. Ft.
- Year Built: 2008
- Other Struct. Feat.: Elevator(s)
Lot Features
- Property View: Long Range, Mountain(s)
- Lot Size (Acres): 7.64
- Lot Size: 7.64
- Frontage: Private Road, Paved
- Zoning: Residential
Financial Considerations
- Association Fee: $5,496
- Assoc Fee Freq.: Annually
- Tax Amount: $28,049.21
- Terms: Cash, New Loan
Disclosures and Reports
- Property ID: 1848-00-02-6428-00000
- Lot Number: 1
Listed by Premier Sotheby's Int'l Realty
Sold by Berkshire Hathaway HomeServices Vincent Properties
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Schools
Schools serving 120 Summit Park Dr
School District:Avery County Schools
| Name | Grades | Distance |
|---|---|---|
Banner Elk Elementary School 155 Orchard Lane, Banner Elk, NC 28604 | PK-5 | 2.9 mi |
Cranberry Middle School 6230 North US Highway 19E, Elk Park, NC 28622 | 6-8 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 120 Summit Park Dr
Date
Details
Price
Change
Source
11/22/2024
Sold
$15,850,000
13.21%
MLS
9/13/2024
Listed
$14,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
120 Summit Park Drive, Banner Elk, NC 28604 (MLS# 251869) is a Single Family property that was sold at $15,850,000 on November 22, 2024. Want to learn more about 120 Summit Park Drive? Do you have questions about finding other Single Family real estate for sale in Banner Elk? You can browse all Banner Elk real estate or contact a Coldwell Banker agent to request more information.

