270 Elk Hill Drive, Banner Elk, NC 28604

$875,000
6
BD
6
BA
3,302
SqFt

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List Price
$875,000
Days on Market
0
Status
ACTIVE
Type
Single Family Residential
MLS#
264023
County
Avery
City
Banner Elk
Bedrooms
6
Full Bathrooms
6
Total Heated Sq/Ft
3,302
Abv/Grade Htd Sq/Ft
2326
Blw/Grade Htd Sq/Ft
976
Acres
0.39
Year Built
1986
Owners Association
Yes
POA Fee
$540
POA Fee Paid
Annually
County Parcel Number
185800549137
Annual Taxes
$917
Deed Book/Page
529/2247
Latitude
36.146137
Longitude
-81.858771

Property Description

Beautifully renovated property with incredible views of Banner Elk, Sugar Mountain, and Beech Mountain! Originally designed as two three-bedroom, three-bath units, the property is currently configured as four separate living spaces: two upper two-bedroom, two-bath units and two lower efficiency apartments. The spacious upper units feature vaulted ceilings, fireplaces, lofts, full kitchens, washer/dryers, window treatments, and mini-split systems. The upper-left unit has two mini-splits, while the upper-right unit has three. Both upper units are being sold furnished, with the exception of select artwork, décor, and the sellers’ personal belongings. Each lower efficiency apartment includes a full kitchen with an electric range, refrigerator, garbage disposal, washer/dryer, full bathroom, and private deck. The efficiencies are being sold unfurnished and are currently rented. Completely renovated since purchase, this versatile property offers numerous possibilities and may be ideal as a duplex, triplex, four-unit rental property, spacious private residence, multigenerational home, guest accommodations, or employee housing. A detailed list of improvements for each unit is available in the documents folder. Additional features include two fireplaces, a 384-square-foot clean, unheated storage room located behind the lower-right efficiency, a covered carport accommodating approximately three vehicles, and additional parking on the adjoining vacant 0.11-acre parcel. The property and additional lot total approximately 0.39 acres. Electricity is currently metered as a duplex, and the annual road maintenance fee is $540. Conveniently located near ski resorts, restaurants, shopping, parks, and other High Country attractions, this property presents an excellent opportunity for an investor or anyone seeking flexible living and rental options. The virtual tour includes only the two upper two-bedroom, two-bath units. The lower efficiencies are shown in photographs only due to tenant occupancy and personal belongings. Advance notice is required to show the units. Tenants are month to month.

Additional Information

Exterior Amenities
Gravel Driveway, Paved Driveway
Appliances
Dryer, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Washer
Basement
Crawl Space
Fireplace
Two, Gas, Stone
Garage Y/N
Yes
Heating
Baseboard, Ductless, Electric, Hot Water
Road
Gravel
Roof
Asphalt, Shingle
Elementary School
Banner Elk
High School
Avery County
Sewer
Public Sewer
Style
Contemporary, Mountain
Windows
Double Pane Windows
View
Long Range, Mountain(s)
Water Source
Private, Well
Zoning
Residential
Construction Type
Wood Siding, Wood Frame
Cooling
Yes
Cooling Type
Ductless, 3+ Units
Laundry
Washer Hookup, Dryer Hookup, In Basement, Upper Level
Levels
Three Or More
Road Surface Type
Gravel
Road Frontage Type
Private Road
Parking Features
Carport, Driveway, Garage, Gravel, Oversized, Paved, Private
Utilities
High Speed Internet Available

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Term of Loan
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Calculator source: Real Geeks

This Listing is courtesy of Linda Cramblit with Blue Ridge Realty & Inv. - Banner Elk. (828) 737-3100

The information from this search is provided by the High 'Country Multiple Listing Service. Please be aware that not all listings produced from this search will be of this real estate company. All information is deemed reliable, but not guaranteed. Please verify all property information before entering into a purchase.”