2730 Tynecastle Banner Elk, NC $ 875,000
2730 Tynecastle
$ 875,000
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2730 Tynecastle

Banner Elk, NC, 28604
$ 875,000
Baths0.0 Sq 2,000

Monthly Estimate*

$ 5,459

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Studio

Multi-Family Home for sale in Banner Elk, NC

for $875,000. This 2,000 square foot home was built in 1996 on a lot size of 0.288.

Well-positioned quad-plex in the heart of the High Country with ski slope views! This well maintained, multi-unit property offers four separate rental units with an unfinished heated and insulated basement that can be used for storage, or turned into two additional rentals. Property is located just minutes from Banner Elk’s restaurants, shopping, and outdoor recreation. Each unit offers its own separate entry making it great for short-term or long-term rentals. The building features charming mountain-style finishes, ample parking, and multiple decks to take in the scenic views, including a direct line of sight to the slopes. With close proximity to ski resorts, hiking trails, and year-round activities, this is a rare opportunity to own income-producing property in a high-demand area. Whether you’re expanding your investment portfolio or looking for a rare income-producing property in one of the High Country’s most desirable locations, this property is a must-see.

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Multi-Family Active

Price

$ 875,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,013

Style

Lot Size

0.288

Year Built

1996

Town/City

Banner Elk

County/Region

Avery

MLS | Web ID

256168

Features
General
Sewer PublicSewer
Heating Ductless Propane Other Radiant SeeRemarks
Cooling Other SeeRemarks
Roof Asphalt Shingle
Architectural Style Mountain
Construction Materials WoodSiding WoodFrame
Year Built 1996
Property Subtype Quadruplex
Community Features LongTermRentalAllowed
County Avery
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name None
Garage Y/N N
Full Baths 0
Status ActiveUnderContract
High School Avery County
City Banner Elk
Senior Community Y/N N
MLS Area 8-Banner Elk
Lot Size Units Acres
Carport Y/N N
Elementary School Banner Elk
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1013.07
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status ActiveUnderContract
Property Sub Type Additional Quadruplex MultiFamily
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Exterior
Water Source Public
Lot Size Area 0.288
Spa N
Building Area Total 2000.0
Lot Size Acres 0.288
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
Total Bedrooms 0
Total Baths 0
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Internal Only
Street Number 1 2730
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* Excluded Features
List By
Blue Ridge Brokerage

Broker

(828) 265-2199

Contact

Affordability Calculator

$5,543
Per Month
98%
2%
0%
Monthly Principal & Interest
$5,459
Monthly Property Taxes
$84
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4062214 Elementary School
4062210 Middle School
Avery County High School High School
Pricing History
DatePricePrice ChangeDescription
11/6/2025$875,000 3.55% Price Up
8/13/2025$845,000 Listed Price

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2730 Tynecastle, Banner Elk, NC, 28604 is a Multi-Family Home for sale at $875,000 with 2,000 sqft and a lot size of 0.288. 2730 Tynecastle is a studio with 0.0 baths and was built in 1996. The property's zip code is 28604 which is in Banner Elk, NC