Welcome to 460 Meadow Ave in beautiful Banner Elk, NC--your ideal mountain retreat or income-generating investment! The Orchard Lodge, perched at 4500' elevation, is a spacious and well-appointed 3-bedroom, 3-bath home and offers an open layout designed for comfort and entertaining. The main level features a large living area with generous natural light, seamlessly connected to the dining area and kitchen. The spacious kitchen offers granite counters and plenty of room for multiple cooks. The primary bedroom, with a remodeled bath is split from the other two bedrooms and bath. Downstairs, a versatile game room/family room wth fireplace provides the perfect space for movie nights, video games, or relaxing with friends. In addition to the three bedrooms, there's an oversized bunk room with some pretty amazing built in bunks (each with a TV!), providing plenty of room for everyone. Offered turnkey furnished, this property is truly move-in or rental ready, with everything you need to enjoy mountain living from day one. Enjoy mountain air from two full-length front decks, plus a spacious rear deck ideal for grilling and gathering. Outside, the fun continues with a hot tub and firepit--features that renters love. In 2023, the home generated over $74K in rental income, and it's ready for even more potential! A rare two-car attached garage adds convenience year-round. Recent upgrades include a new heat pump and tankless hot water heater (2022). This home is located in the desirable Mountain Meadows development on a generous two acre lot. Located just 13 minutes from downtown Banner Elk and situated between Sugar Mountain and Beech Mountain, you have excellent access to shopping, dining, hiking, skiing, fly fishing, and more. Whether you're looking for a personal getaway or a strong investment, 460 Meadow Ave offers it all!
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Location
460 Meadow Avenue, Banner Elk, NC 28604
Status
Sold
Date Sold
May 27, 2025
Property Amenities
Interior
Laundry roomMain Level
FireplaceTwo, Gas, Stone, Propane
AppliancesDryer, Dishwasher, Electric Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
Total Bedrooms:3
Full Bathrooms:3
Other Interior FeaturesFurnished, Vaulted Ceiling(s)
Area & Lot
Total area2,680 Sq.Ft.
Lot Area2 Acres
Living area2,722 Sq.Ft.
MLS® ID254722
Year Built1980
High SchoolAvery County
Middle SchoolAvery
Elementary SchoolBanner Elk
View DescriptionMountain(s)
Architecture StylesCottage, Mountain
TypeResidential
StatusSold
Exterior
Stories2
Air conditioningCentral Air, 1 Unit
Heat typeElectric, Fireplace(s), Heat Pump
Water SourceShared Well
Garage Space2.0
SewerSeptic Permit 3 Bedroom
Other Exterior FeaturesFire Pit, Hot Tub/Spa, Paved Driveway
ParkingAttached, Driveway, Garage, Two Car Garage, Paved, Private
RoofAsphalt, Shingle
UtilitiesCable Available, High Speed Internet Available
Banner Elk is a popular destination for skiing, golf, and luxury mountain living, with high-end communities including The Lodges at Eagles Nest and Elk River Club.
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