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270 Elk Hill Drive

Banner Elk, NC 28604

$875,000 $3,689/Mo

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Overview

Bed

Bath

0.39

Acre(Lot)

Description

Beautifully renovated four-unit property offering spectacular long-range views of Banner Elk, Sugar Mountain, and Beech Mountain! The property features two spacious upper-level units, each with two bedrooms and two bathrooms, plus an efficiency apartment below each unit, providing four total living spaces. Highlights include soaring vaulted ceilings, two fireplaces, and exceptional flexibility for full-time or seasonal living, extended family, guests, short- or long-term rentals, employee housing, or investment use. Each unit has been extensively renovated since purchase, with a complete list of improvements available in the documents. The two upper units are being sold furnished, excluding select artwork, décor, and personal belongings. A 384-square-foot clean, unheated storage room is located behind the lower right efficiency unit. Covered carport parking accommodates up to three vehicles, with additional parking available on the included 0.11-acre vacant parcel below. The total acreage for the fourplex and additional lot is approximately 0.39 acres. Annual road maintenance fee is $540. Electricity is metered as a duplex. The virtual tour features only the two upper two-bedroom, two-bath units. The lower efficiency apartments are currently rented and are shown in photographs only due to tenants’ personal belongings. Advance notice is required to show the units. Ideally located near ski resorts, restaurants, shopping, parks, and other High Country attractions.

Property Details

Property Type : Residential Income

Price : $875,000

AD Id : 90913361

MLS Id : 264024

Lot Size : 0.39 Acre

Tax Amount : 917.00

Year Built : 1986

County : Avery

Map

What's Nearby

Nearby Areas

Features

Room Information

Basement: Crawl Space
Roofing Information

Asphalt, Shingle
Interior Features

High Speed Internet Roof: Asphalt, Shingle Appliances: Dryer, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Washer Laundry Features: Washer Hookup Window Features: Double Pane Windows
Heating & Cooling

Has Heating: Yes Heating: Baseboard, Ductless, Electric, Hot Water Has Cooling: Yes Cooling: Ductless

Building Information

Year Built: 1986 Construction Materials: Wood Siding, Frame Private Pool: No View: Mountain(s) Association Fee Frequency: Annually

Lot Information

Main Square Feet: 0.39 Acres Lot Size Acres: 0.39

Property Information

Subdivision: None Source Property Type: Residential Income MLS Area Minor: Banner Elk Zoning Description: Residential Property SubType: Quadruplex Property Age: 40

Listing Price Information

Listing Price: $875000 Cash, Conventional

Tax Information

Parcel Number: 185800549137 Annual Tax: $917

Homeowners Association Information
Has Association: Yes HOA: $540.00

School Information

Elementary School: Banner Elk

Junior High School:

Senior High School: Avery County
Utility Information

Electricity Available, Natural Gas Available, Sewer Available, Water Available
Location Information

WaterSource: Private, Well

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
2730 Tynecastle Highway, Banner Elk, NC, 28604	$875,000	--	--	--	0.29 Acre
270 Elk Hill Drive, Banner Elk, NC, 28604	$875,000	--	--	--	0.39 Acre

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 09/02/2026 @ 23:48

MLS: 264024 LISTED BY: Linda Cramblit, Blue Ridge Realty & Inv. - Banner Elk 828-737-3100 SOURCE: High Country Association of REALTORS