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$2,650,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 4 Full Baths
  • 1 Partial Bath
  • 4,521 Sq. Ft.
  • 1.45 Acres
  • 2 Car Garage
  • Updated 4 hours ago
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Designed for entertaining and mountain living, this beautifully updated 4-bedroom, 4.5-bath custom home offers exceptional indoor and outdoor spaces with plenty of room to gather, relax, and enjoy every season. A lovely waterfall welcomes you upon arrival, setting the tone for this truly unique mountain retreat. With extensive recent updates, this home is ready to enjoy from the moment you arrive. The main level features two separate living and seating areas, along with a cozy reading room offering a beautiful place to unwind and take in the surrounding mountain views. Enjoy mountain views from most rooms throughout the home. Recent updates throughout the main level include fresh interior paint, new lighting, beautifully updated bathrooms, and a refreshed kitchen featuring new countertops and brand-new appliances. The spacious primary suite now features a new walk-in shower in addition to the existing steam shower. A brand-new washer and dryer have also been added on the main level. Step outside to the new Trex upper deck with ambient lighting, creating the perfect setting for outdoor entertaining or relaxing in the mountain air. Additional outdoor amenities include a heated dining area, outdoor kitchen with entertainment bar, built-in pizza oven, hot tub, refrigerator, and ice maker. Downstairs, a third living and gathering area with a fireplace provides even more room to spread out and offers flexible space for a game room, exercise area, additional entertaining space, or guests. Throughout the home, five fireplaces add warmth and character. Additional features include a whole-house generator, central vacuum system, two-car garage, multiple refrigerators and freezers, wine cabinets, fenced yard, and an abundance of storage and entertaining space.

Full Property Details for 131 Meadowlark Ln

General

  • Price: $2,650,000
  • HOA FEE: $542/month
  • HOA FEE FREQ.: Annually
  • Taxes: $3,858
  • Status: Active
  • Type: Single Family
  • Source: 2217
  • MLS ID: 264287
  • Updated: Today (9/18/2026)
  • Added to Site: Today

Interior

  • Interior Features: Central Vacuum, Furnished, Hot Tub/Spa
  • Fireplace: Yes
  • Fireplace(s): Gas, Vented, Outside, Propane
  • Appliances: Built-In Oven, Double Oven, Dryer, Dishwasher, Exhaust Fan, Freezer, Gas Cooktop, Disposal, Microwave, Refrigerator, Warming Drawer, Washer

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Main Level

Additional Information

  • Shared Pool: Yes
  • Pool: Yes
  • Pool Description: Community
  • Spa: Yes
  • Spa Description: Hot Tub
  • Tennis: Yes
  • Security/Safety: 24 Hour Security

Exterior

  • Exterior Features: Hot Tub/Spa, Outdoor Grill, Outdoor Kitchen
  • Porch/Patio/Deck: Covered, Multiple, Wrap Around

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Parking Features: Asphalt, Attached, Driveway, Garage, Two Car Garage

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

  • Air Conditioning: Yes
  • Cooling Type: 2 Units
  • Heating Type: Electric, Fireplace(s), Heat Pump

Utilities

  • Sewer: Community/Coop Sewer, Private Sewer
  • Water: Community/Coop
  • Cable Available: Yes
  • Utility Description: Cable Available, High Speed Internet Available

Structural Information

  • Architectural Style: Mountain
  • Detached/Attached: Detached
  • Construction: Wood Siding, Wood Frame
  • Basement: Yes
  • Basement Desc.: Finished
  • Roof: Shake, Wood
  • Stories/Levels: 2
  • Square Feet: 4,521
  • Living Area: 4,521 Sq. Ft.
  • Finished Total: 4,521 Sq. Ft.
  • Finished Above Grnd: 2,930 Sq. Ft.
  • Finished Below Grnd: 1,591 Sq. Ft.
  • Year Built: 1986

Lot Features

  • Property View: Long Range, Mountain(s), Trees/Woods
  • Lot Size (Acres): 1.45
  • Lot Size: 1.45
  • Frontage: Private Road, Paved
  • Lot Features: Waterfall
  • Zoning: Residential
  • Fencing (Description): Back Yard

Financial Considerations

  • Association Fee: $6,505
  • Assoc Fee Freq.: Annually
  • Tax Amount: $3,858
  • Terms: Cash, Conventional, New Loan

Disclosures and Reports

  • Property ID: 1848-00-05-8442-00000

Listed by Engel & Volkers Banner Elk

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Listing agent

— 131 Meadowlark Ln —

  • Engel & Volkers Banner Elk

(828) 898-3808

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 131 Meadowlark Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/18/2026
Listed
$2,650,000
231.66%
MLS
10/08/2010
Sold
$799,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 131 Meadowlark Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,859
—
$964,700
—
2024
$3,859
—
$964,700
—
2023
$3,859
—
$964,700
—
2022
$3,859
12%
$964,700
54%
2021
$3,443
—
$626,000
—
2019
$3,443
—
$626,000
—
2018
$3,443
-18%
$626,000
-18%
2017
$4,193
23%
$762,400
—
2016
$3,398
—
$759,900
—
2015
$3,398
-14%
$759,900
—
2014
$3,959
1%
$759,900
-21%
2013
$3,901
—
$963,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Engel & Volkers Banner Elk

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131 Meadowlark Lane, Banner Elk, NC 28604 (MLS# 264287) is a Single Family property with 4 bedrooms, 4 full bathrooms and 1 partial bathroom. 131 Meadowlark Lane is currently listed for $2,650,000 and was received on September 18, 2026. Want to learn more about 131 Meadowlark Lane? 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.

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