270 Elk Hill Drive, Banner Elk, NC

$875,000

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6

Beds

6

Baths

3,302

Square feet

0.39

Acres

About 270 Elk Hill Drive

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.

Features of 270 Elk Hill Drive

MLS® # 264023
Price $875,000
Bedrooms 6
Bathrooms 6.00
Full Baths 6
Square Footage 3,302
Acres 0.39
Year Built 1986
Type Residential
Sub-Type Single Family Residence
Style Contemporary, Mountain
Status Active

Community Information

Address 270 Elk Hill Drive
Area 8-Banner Elk
Subdivision None
City Banner Elk
County Avery
Province NC
Postal Code 28604

Amenities

Utilities High Speed Internet Available
Parking Carport, Driveway, Garage, Gravel, Oversized, Paved, Private
Garages Carport, Driveway, Garage, Gravel, Oversized, Paved, Private
View Long Range, Mountain(s)
Is Waterfront No
Has Pool No

Interior

Appliances Dryer, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Washer
Heating Baseboard, Ductless, Electric, Hot Water
Cooling Ductless, 3+ Units
Fireplace Yes
# of Fireplaces 2
Fireplaces Two, Gas, Stone
# of Stories 3
Stories Three Or More
Has Basement Yes
Basement Crawl Space

Exterior

Exterior Wood Siding, Wood Frame
Exterior Features Gravel Driveway, Paved Driveway
Windows Double Pane Windows
Roof Asphalt, Shingle
Construction Wood Siding, Wood Frame

School Information

Elementary Banner Elk
High Avery County

Additional Information

Date Listed September 1st, 2026
Short Sale No
RE / Bank Owned No
HOA Fees 540
HOA Fees Freq. Annually

Listing Details

OfficeBlue Ridge Realty & Inv. - Banner Elk
Contact Info(828) 737-3100

Listing Map

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