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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!
| DAYS ON MARKET | 3 | LAST UPDATED | 4/16/2025 |
|---|---|---|---|
| TRACT | Mountain Meadows | YEAR BUILT | 1980 |
| COMMUNITY | 8-Banner Elk | GARAGE SPACES | 2.0 |
| COUNTY | Avery | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Banner Elk |
|---|---|
| Jr. High School | Avery |
| High School | Avery County |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Electric Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer |
| AREA | 8-Banner Elk |
| CONSTRUCTION | Frame, Stone, Wood Siding |
| EXTERIOR | Fire Pit |
| FIREPLACE | Yes |
| GARAGE | Attached Garage, Yes |
| HEAT | Electric, Fireplace(s), Heat Pump |
| HOA DUES | 500 |
| INTERIOR | High Speed Internet, Vaulted Ceiling(s) |
| LOT | 2 acre(s) |
| PARKING | Paved, Attached, Driveway, Garage, Private |
| STORIES | 2 |
| STYLE | Cottage, Mountain |
| SUBDIVISION | Mountain Meadows |
| TAXES | 1747 |
| UTILITIES | Cable Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s) |
| WATER | Shared Well |
| ZONING | Residential |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Leslie Eason, Keller Williams High Country, (828) 406-0828
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