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1170 Summit Park Dr

Banner Elk, NC 28604

4 bd 7 ba 4,958 sqft Built 2000 Lot 214,315 sqft single_family
Most recent sale
$3,200,000
Nov 14, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 14, 2023 Sold $3,200,000 HighCountry
Sep 6, 2023 Listed $3,400,000 HighCountry
Apr 16, 2008 Sold $1,765,000 Public Record
Aug 19, 2005 Sold $1,750,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $974,600 $450,000 $1,424,600 $5,698
2023 $974,600 $450,000 $1,424,600 $5,698
2022 $974,600 $450,000 $1,424,600 $5,698
2021 $780,400 $262,500 $1,042,900 $5,735
2020 $780,400 $262,500 $1,042,900 $5,735
2019 $780,400 $262,500 $1,042,900 $5,735
2018 $780,400 $262,500 $1,042,900 $5,735
2017 $894,100 $262,500 $1,156,600 $6,361
2016 $894,100 $262,500 $1,156,600 $5,172
2015 $894,100 $262,500 $1,156,600 $5,172
2014 $894,100 $262,500 $1,156,600 $6,025
2013 $1,528,100 $6,188
2012 $1,528,100 $6,188

Property facts

Year built
2000
Property type
single_family
Stories
Beds
4
Baths
7
Living area
4,958 sqft
Lot size
214,315 sqft
ZIP code
28604
City
Banner Elk
Street
Summit Park Dr
Coordinates
36.12774, -81.91195

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$19,200
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1170 Summit Park Dr last sell?
1170 Summit Park Dr most recently sold on Nov 14, 2023 for $3,200,000.
What is the current tax assessment for 1170 Summit Park Dr?
The most recent total assessment for 1170 Summit Park Dr (year 2025) is $1,424,600 with $5,698 in property tax.
How does 1170 Summit Park Dr's assessment compare to its last sale price?
The current assessment is 55.5% below the last sale price of $3,200,000.
When was 1170 Summit Park Dr built?
1170 Summit Park Dr was built in 2000.
How does 1170 Summit Park Dr compare to others on Summit Park Dr?
We track 8 other properties on Summit Park Dr. Browse the list under "Other properties on Summit Park Dr" to compare beds, baths, and sale history.
What are the property facts for 1170 Summit Park Dr?
1170 Summit Park Dr is a 4 bed, 7 bath, 4,958 sqft, 214,315 sqft lot single_family.
Is 1170 Summit Park Dr a flip candidate?
No — 1170 Summit Park Dr does not appear in our flips dataset.
Is 1170 Summit Park Dr a tax-appeal candidate?
No — 1170 Summit Park Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.8%
Implied 1-yr
-3.0%
2026 Q3
$471.6K
2026 Q4
$467.9K
ZIP 28604 — Median Price History + Forecast

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