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$6,800,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 5 Full Baths
  • 1 Partial Bath
  • 5,602 Sq. Ft.
  • 4.56 Acres
  • 2 Car Garage
  • Updated 6 hours ago
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Perched atop one of Elk River's highest elevations, this extraordinary 4.5-acre estate seamlessly blends architectural luxury with sweeping panoramic vistas. Arriving at the property, cascading twin waterfalls, landscaped gardens, and a firepit-lit entrance set a tranquil, majestic tone. Inside, the home showcases master craftsmanship throughout, featuring premium travertine marble, custom onyx, rich slate, and site-finished oak flooring. The layout includes a gourmet kitchen equipped with top-tier appliances, a dedicated home office for complete privacy, four luxurious bedroom suites, and five-and-a-half spa-inspired baths. For relaxation and entertainment, a versatile lower-level bonus room and a dedicated recreational/theater room offer endless possibilities. Outlined by expansive multi-level decks designed for seamless indoor-outdoor living, this private sanctuary represents the ultimate convergence of elegance, function, and nature.

Full Property Details for 977 Summit Park Dr

General

  • Price: $6,800,000
  • HOA FEE: $542/month
  • HOA FEE FREQ.: Annually
  • Taxes: $7,048
  • Status: Active
  • Type: Single Family
  • Source: 2217
  • MLS ID: 264113
  • Updated: Today (9/4/2026)
  • Added to Site: Today

Interior

  • Interior Features: Attic, Wet Bar, Tray Ceiling(s), Furnished, Vaulted Ceiling(s)
  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Two, Gas, Stone, Vented, Wood Burning, Propane
  • Appliances: Dishwasher, Exhaust Fan, Electric Water Heater, Gas Cooktop, Disposal, Gas Range, Microwave, Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Washer Hookup, Dryer Hookup, Main Level

Additional Information

  • Shared Pool: Yes
  • Pool: Yes
  • Pool Description: Community
  • Tennis: Yes
  • Security/Safety: Security System, 24 Hour Security

Exterior

  • Exterior Features: Other, See Remarks, Paved Driveway
  • Porch/Patio/Deck: Covered, Multiple, Open

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Two Car Garage, Paved, Private

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: Electric, Heat Pump, 3+ Units
  • Heating Type: Electric, Forced Air, Fireplace(s), Gas, Heat Pump, Propane

Utilities

  • Sewer: Private Sewer, Septic Permit 4 Bedroom
  • Water: Community/Coop
  • Cable Available: Yes
  • Utility Description: Cable Available, High Speed Internet Available

Structural Information

  • Architectural Style: Traditional
  • Detached/Attached: Detached
  • Construction: Stone, Wood Siding, Wood Frame
  • Basement Desc.: Crawl Space
  • Roof: Shake, Wood
  • Windows: Double Pane Windows, Screens
  • Stories/Levels: 3
  • Square Feet: 5,602
  • Living Area: 6,987 Sq. Ft.
  • Finished Total: 6,987 Sq. Ft.
  • Finished Above Grnd: 5,602 Sq. Ft.
  • Finished Below Grnd: 1,385 Sq. Ft.
  • Year Built: 2002

Lot Features

  • Property View: Long Range, Mountain(s)
  • Lot Size (Acres): 4.56
  • Lot Size: 4.56
  • Frontage: Private Road, Paved
  • Zoning: Residential

Financial Considerations

  • Association Fee: $6,505
  • Assoc Fee Freq.: Annually
  • Tax Amount: $7,048
  • Terms: Cash, Conventional, New Loan

Disclosures and Reports

  • Property ID: 1847-01-18-3507-00000
  • Lot Number: 32

Listed by Elk River Realty

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Listing agents

— 977 Summit Park Dr —

  • Elk River Realty

  • Elk River Realty

828-898-9777

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

Get Pre-Approved

Schools serving 977 Summit Park Dr

School District:Avery County Schools
NameGradesDistance
Banner Elk Elementary School
155 Orchard Lane, Banner Elk, NC 28604
PK-53.1 mi
Cranberry Middle School
6230 North US Highway 19E, Elk Park, NC 28622
6-83.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 977 Summit Park Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/04/2026
Listed
$6,800,000
64.65%
MLS
9/01/2024
Sold
$4,130,000
—
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 977 Summit Park Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,048
—
$1,762,000
—
2024
$7,048
—
$1,762,000
—
2023
$7,048
100%
$1,762,000
—
2022
-100%
$1,762,000
29%
2021
$7,501
—
$1,363,800
—
2019
$7,501
—
$1,363,800
—
2018
$7,501
-4%
$1,363,800
-4%
2017
$7,789
23%
$1,416,200
—
2016
$6,333
—
$1,416,200
—
2015
$6,333
-14%
$1,416,200
—
2014
$7,378
-27%
$1,416,200
-43%
2013
$10,048
—
$2,480,900
—
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.

Estimate the Cost for 977 Summit Park Dr

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Elk River Realty

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977 Summit Park Drive, Banner Elk, NC 28604 (MLS# 264113) is a Single Family property with 4 bedrooms, 5 full bathrooms and 1 partial bathroom. 977 Summit Park Drive is currently listed for $6,800,000 and was received on September 04, 2026. Want to learn more about 977 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.

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