Marilyn Wright Continues to Break Records, Securing the State’s Most Expensive Sale Yet Again — the Listing was Under Contract in 12 Days
The iconic estate at 120 Summit Park Drive has set a new benchmark in luxury real estate, selling for $15,850,000 and officially becoming the most expensive home ever sold in North Carolina. The sale was under contract in just 12 days. Nestled within the prestigious gates of Elk River, this record-breaking property is a testament to exceptional craftsmanship, blending rustic mountain charm with sophisticated contemporary elegance. The ethereal estate was marketed exclusively by Marilyn Wright of Premier Sotheby’s International Realty’s Asheville office and Rob Garrett of Premier Sotheby’s International Realty’s Blowing Rock office. Chad Vincent and Melissa Boone from Berkshire Hathaway HomeServices Vincent Properties brought the buyer.
Perched on 7.64 meticulously landscaped acres, this castle in the clouds offers an exclusive mountain retreat with a design that epitomizes grand luxury living. The interior dazzles as a breathtaking showpiece, adorned with over one million dollars in art, furnishings, and décor that blends elegance with unrivaled sophistication. The estate’s centerpiece is its great room, a breathtaking space with soaring ceilings, intricate wood and stone detailing, and a full bar, providing the ultimate setting for both large-scale entertaining and intimate gatherings. An adjoining dining area boasts a striking fireplace.
The gourmet kitchen is a chef’s dream and a seamless flow to the screened porch. The primary suite is a luxurious private oasis, complete with a spa-inspired bathroom featuring a waterfall shower and soaking tub, framed by the property’s stunning mountain vistas.
The estate is designed to accommodate a balance of work, relaxation, and leisure, featuring two private offices, a library, a fully equipped gym, and a state-of-the-art theater. Two elevators provide convenience while a custom wine cellar with intricate leaded glass showcases an impressive collection.
Outside, the estate’s beautifully landscaped grounds create a tranquil sanctuary, blending seamlessly with the luxurious interiors to offer an unparalleled outdoor living experience.
“This sale is just an incredible feat in the current state of our region’s market, showcasing the resilience and desirability of Banner Elk as a premier destination,” said Marilyn Wright. “It’s a powerful reminder that buyers still want to move here, invest in our community, and achieve their dreams of owning extraordinary properties like this one.”
“120 Summit Park Drive is more than a home; it’s an experience that embodies the finest aspects of luxury mountain living,” said Rob Garrett. “The successful sale of this estate speaks to the growing demand for exceptional, one-of-a-kind properties in Banner Elk.”
About Premier Sotheby’s International Realty
Headquartered in Naples, Florida, Premier Sotheby’s International Realty has over 1,400 sales professionals in 40 locations throughout Florida and North Carolina. Premier Sotheby’s International Realty also benefits from an association with the storied Sotheby’s auction house, established in 1744. The brokerage was founded by The Lutgert Companies, a prominent member of Southwest Florida’s business community since 1964, and is proudly associated with Peerage Realty Partners. For more information, visit premiersothebysrealty.com.
