270 Elk Hill Drive
Banner Elk, NC, 28604 $ 950,000
Bedrooms6 Baths6.0 Sq 3,302 Monthly Estimate*
$ 5,927
for $950,000 with 6 bedrooms and 6 full baths. This 3,302 square foot home was built in 1986 on a lot size of 0.39.
Beautiful Renovated. Two 3 Bedroom 3 Bath Units now used as a 4 plex. (Two 2 Bedroom 2 Bathroom Units with an Efficiency Apt below each for 4 Units total). BIG VIEWS of Banner Elk, Sugar Mountain and Beech Mountain! High Vaulted Ceilings, 2 Fireplaces. Upper 2 Units Sold Furnished minus seller exclusions: some Artwork, Decor & Personal Belongings. Perfect for Full-Time, Part-Time, In-laws, Guests, Short Term or Long-Term Rentals. Each unit has been completely renovated since purchased. List of Updates available. This property has lots of potential uses. Can be used as a Duplex, Triplex, 4-Plex, Large Home or even Employee Housing. Great Opportunity for an Investor and in a Great Location with Close Proximity to Ski Resorts, Restaurants, Shopping, Parks, etc. There is a 384' Clean space cold room located behind lower right-side efficiency. Covered Carport area holds 3 cars and the parking pad below is on the vacant .11 acre parcel and can hold more cars. Total acreage w the lot and 4-Plex is .39 acre. $540 A Year Road Maintenance Fee. The Virtual Tour is only for the 2 upper 2 bedroom 2 bath units. The 2 lower efficiency units are only shown in photos since currently rented and their personal contents. List of Updates completed on each unit is in the documents folder. With both efficiencies rented advanced notice needed to be shown. Both upper units can be shown short notice. The Electric is metered as a Duplex. Both Upper Units: Two Bedroom / 2 Bath, Full Kitchen w/ Oven/Range Electric, Microwave, Refrigerator, Garbage Disposal, Dishwasher, Washer/Dryer, Drapes/Blinds, Fireplace, Living Room, Loft, Sold Furnished. (2 Mini splits in upper left unit, 3 Mini splits in upper right unit. Both Lower Efficiencies: One Bathroom, Deck, Full Kitchen w/ Oven/Range Electric, Refrigerator, Garbage Disposal, Washer/Dryer, Sold Unfurnished
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List ByBlue Ridge Realty & Inv. - Banner ElkBroker
Affordability Calculator
- Monthly Principal & Interest
- $5,927
- Monthly Property Taxes
- $76
- 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.
Learn more about how to save NearbySingle family listings in Banner Elk, NC
Average List Price $1,731,585
Percent of Sale Price 82%
About Banner Elk, NC 902 Population
25% Since 2002
$ 51,966 Median Income
33.26 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
4062214 Elementary School
4062210 Middle School
Avery County High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/6/2025 | $950,000 | | Listed Price |