270 Elk Hill Drive, Banner Elk, NC 28604

$849,000
6
BD
6
BA
3,302
SqFt

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

List Price
$849,000
Status
ACTIVE
Days on Market
64
Price Change
▼ $26,000 1792574063
MLS#
264023
Subtype
Residential
Style
Contemporary, Mountain
Architectural Style
Contemporary, Mountain
Year Built
1986
Bedrooms
6
Bathrooms
6
Full Baths
6
Living Area
3,302
Acres
0.39
MLS Area Major
8-Banner Elk

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

Amenities
Gravel Driveway, Paved Driveway
Exterior Features
Gravel Driveway, Paved Driveway
Taxes
$917
HOA Fee
$540
Property Description
Contemporary, Mountain
Zoning
Residential
Appliances
Dryer, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Washer
Heating
Baseboard, Ductless, Electric, Hot Water
Air Conditioning
Ductless, 3+ Units
Exterior Construction
Wood Siding, Wood Frame
Stories
3
Levels
Three Or More
Roof
Asphalt, Shingle
Parking Features
Carport, Driveway, Garage, Gravel, Oversized, Paved, Private
Garage
Carport, Driveway, Garage, Gravel, Oversized, Paved, Private
School District
Avery County
Elementary School
Banner Elk
High School
Avery County
View
Long Range, Mountain(s)

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