40 Hemlock Hills #A, Banner Elk, North Carolina image 1
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40 Hemlock Hills #A

Banner Elk, NC 28604
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$189,900 $800/Mo
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Bed 1

Bed

Bath 1

Bath

SqFt499

Sqft

Affordable. Adorable. Investment-ready. Recently renovated, this turnkey mountain retreat offers an increasingly rare opportunity to own a piece of the High Country without compromising on location, charm, or income potential. With a proven short-term rental history, this property is equally appealing as an income-producing investment, a cozy personal retreat, a college getaway, or a full-time residence for individuals or couples looking to enjoy the mountain lifestyle. Perfectly positioned near the entrance to Ski Country, year-round adventure awaits just outside your door with easy access to skiing, snowboarding, hiking, mountain biking, golf, fishing, and endless outdoor recreation. Located just minutes from downtown Banner Elk, owners and guests can enjoy award-winning restaurants, boutique shopping, wineries, breweries, live music, seasonal festivals, and some of the area's most beloved attractions, including Sugar Mountain Resort, Beech Mountain Resort, Grandfather Mountain, and the scenic Blue Ridge Parkway. Beautifully maintained and offered fully furnished, this move-in-ready unit allows you to begin enjoying the mountain lifestyle—or generating rental income—from day one. Recent updates include fresh interior paint, renovated stairs and decks, and meticulous maintenance throughout, offering peace of mind for years to come. Inside, warm exposed wood beams and a classic wood-burning fireplace create the inviting mountain ambiance you've been dreaming of. The comfortable living space is the perfect place to gather after a day on the slopes or exploring the High Country, while the private deck invites you to sip your morning coffee, enjoy the sounds of nature, unwind with a glass of wine, or simply take in the peaceful mountain setting. Looking for even more flexibility? Unit B is also available for purchase (see MLS #263536), presenting a unique opportunity to own both units. With the potential to install an interior connecting door, the two could function as one larger residence—ideal for larger families, multi-generational living, expanded rental accommodations, or maximizing your investment potential. Whether you're searching for your first investment property, an affordable second home, or your own mountain escape, this exceptional property offers an opportunity to experience everything the North Carolina mountains have to offer—at a price point that's becoming increasingly hard to find.

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Detail Ic Property Details

Property Type : Residential

Price : $189,900

AD Id : 89059812

MLS Id : 263537

Beds : 1

Living Area Size : 499

Year Built : 1983

County : Avery

Subdivision: Stonebrier

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Feature Features

  • Bedroom Information

    Total beds: 1

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Basement: None

  • Roofing Information

    Asphalt, Shingle

  • Interior Features

    Roof: Asphalt, Shingle Appliances: Electric Range, Electric Water Heater Window Features: Window Treatments

  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Electric Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 1983 Construction Materials: Wood Siding, Frame Stories: 2 Private Pool: No Association Fee Frequency: Monthly

  • Property Information

    Subdivision: Ski Country Source Property Type: Residential Zoning Description: Residential Property SubType: Condominium Levels: Two Property Age: 43

  • Listing Price Information

    Listing Price: $189900 Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: 1858-20-91-2012-00007-01 Annual Tax: $425

  • Parking Information

    Paved, Driveway, No Garage, Private
    Homeowners Association Information
    Has Association: Yes HOA: $222.00

  • School Information

    Elementary School: Banner Elk
    Junior High School:
    Senior High School: Avery County

  • Utility Information

    Cable Available

  • Location Information

    WaterSource: Public
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Nearby Home Value

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131 Eagle Roost, Banner Elk, NC, 28604 $324,000 -- -- --
1644 Broadstone Road, Banner Elk, NC, 28604 $995,000 4 5 5,100 5,100 SqFt
131 Hemlock Road, Banner Elk, NC, 28604 $362,000 2 2 1,618 1,618 SqFt
180 Indian Paintbrush D.., Banner Elk, NC, 28604 $699,900 3 3 1,660 1,660 SqFt
214 Indian Paintbrush D.., Banner Elk, NC, 28604 $710,000 3 3 1,669 1,669 SqFt
142 S Slope Loop #J3, Banner Elk, NC, 28604 $199,900 1 2 675 675 SqFt
942 Ridge Haven Parkway.., Banner Elk, NC, 28604 $530,000 2 2 1,207 1,207 SqFt
243 Ironwood Drive, Banner Elk, NC, 28604 $519,900 3 3 1,455 1,455 SqFt
174 Grouse Moor Drive #2, Banner Elk, NC, 28604 $290,000 2 3 1,040 1,040 SqFt
76 Creekside Drive #C, Banner Elk, NC, 28604 $179,900 -- 1 357 357 SqFt

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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of High Country Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 High Country Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 08/17/2026 @ 17:11

MLS: 263537 LISTED BY: Jessica Auten, Premier Sotheby's International Realty- Banner Elk 828-898-5022 SOURCE: High Country Association of REALTORS

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