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$425,000

  • Sold
  • Closed
  • Acreage
  • 3.15 Acres
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Discover your dream mountain retreat in the prestigious Summit Forest section of Elk River Club. This exceptional 3.18 acre homesite offers wooded mountain views. Nestled amidst the serene beauty of the Elk River Club and Banner Elk, NC, this property provides the perfect canvas for your custom mountain home. The Elk River Club is a luxurious community that encompasses 1200 acres of the Blue Ridge mountains. In addition to a Jack Nicklaus Signature golf course, members can enjoy the 50,000 square foot clubhouse, tennis, fitness, and equestrian centers plus an on-site private jetport. A limited number of homesites remain available. From tranquil wooded settings and long range mountain vistas, imagine your mountain home and you will find the perfect setting at Elk River.

Full Property Details for Lot 7017 Summit Forest Way

General

  • Sold For: $425,000
  • HOA FEE: $372/month
  • HOA FEE FREQ.: Annually
  • Taxes: $1,060
  • Status: Closed
  • Type: Acreage
  • Source: 2217
  • MLS ID: 251800
  • Added to Site: 506 day(s) ago

Additional Information

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

Exterior

  • Exterior Features: Other, See Remarks

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

Utilities

  • Sewer: Not Connected, Septic Needed
  • Water: Community/Coop
  • Utility Description: Water Available

Structural Information

  • Detached/Attached: Detached

Lot Features

  • Property View: Long Range, Mountain(s), Seasonal View, Trees/Woods
  • Lot Size (Acres): 3.15
  • Lot Size: 3.15
  • Frontage: Private Road, Paved
  • Topography: Sloping
  • Lot Features: Acreage, Wooded
  • Trees/Vegetation: Wooded

Financial Considerations

  • Association Fee: $4,466
  • Assoc Fee Freq.: Annually
  • Tax Amount: $1,060
  • Terms: Cash, Conventional, New Loan

Disclosures and Reports

  • Property ID: 1838-00-92-4746-00000
  • Lot Number: 7017

Listed by Elk River Realty
Sold by Realty One Group Results-Banne

Listing agents

— Lot 7017 Summit Forest Way —

  • 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

Price & Sales History for Lot 7017 Summit Forest Way

Date
Details
Price
Change
Source
8/20/2025
Sold
$425,000
-14.14%
MLS
8/30/2024
Listed
$495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Elk River Realty
Sold by Realty One Group Results-Banne

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Lot 7017 Summit Forest Way, Banner Elk, NC 28604 (MLS# 251800) is a Acreage property that was sold at $425,000 on August 20, 2025. Want to learn more about Lot 7017 Summit Forest Way? Do you have questions about finding other Acreage 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.