40 Hemlock Hills A Banner Elk, NC $ 189,900
40 Hemlock Hills A
$ 189,900
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40 Hemlock Hills A

Banner Elk, NC, 28604
$ 189,900
Bedrooms1 Baths1.0 Sq 499

Monthly Estimate*

$ 1,199

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Condo for sale in Banner Elk, NC

for $189,900 with 1 bedroom and 1 full bath. This 499 square foot condo was built in 1983.

Affordable. Adorable. Investment-ready. This turnkey mountain retreat offers an increasingly rare opportunity to own a piece of the High Country without compromising on location, charm, or income potential. With a proven short-term rental history, this property is equally appealing as an income-producing investment, a cozy personal retreat, a college getaway, or a full-time residence for individuals or couples looking to enjoy the mountain lifestyle. Perfectly positioned near the entrance to Ski Country, year-round adventure awaits just outside your door with easy access to skiing, snowboarding, hiking, mountain biking, golf, fishing, and endless outdoor recreation. Located just minutes from downtown Banner Elk, owners and guests can enjoy award-winning restaurants, boutique shopping, wineries, breweries, live music, seasonal festivals, and some of the area's most beloved attractions, including Sugar Mountain Resort, Beech Mountain Resort, Grandfather Mountain, and the scenic Blue Ridge Parkway. Beautifully maintained and offered fully furnished, this move-in-ready unit allows you to begin enjoying the mountain lifestyle—or generating rental income—from day one. Recent updates include fresh interior paint, renovated stairs and decks, and meticulous maintenance throughout, offering peace of mind for years to come. Inside, warm exposed wood beams and a classic wood-burning fireplace create the inviting mountain ambiance you've been dreaming of. The comfortable living space is the perfect place to gather after a day on the slopes or exploring the High Country, while the private deck invites you to sip your morning coffee, enjoy the sounds of nature, unwind with a glass of wine, or simply take in the peaceful mountain setting. Looking for even more flexibility? Unit B is also available for purchase (see MLS #263536), presenting a unique opportunity to own both units. With the potential to install an interior connecting door, the two could function as one larger residence—ideal for larger families, multi-generational living, expanded rental accommodations, or maximizing your investment potential. Whether you're searching for your first investment property, an affordable second home, or your own mountain escape, this exceptional property offers an opportunity to experience everything the North Carolina mountains have to offer—at a price point that's becoming increasingly hard to find.

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Condo Active

Price

$ 189,900

Bedrooms

1

Full Bath

1

Property Type

Condo

Taxes

$ 425

Style

Year Built

1983

Town/City

Banner Elk

County/Region

Avery

MLS | Web ID

263537

List By
Premier Sotheby's International Realty- Banner Elk

Broker

jessica.auten@premiersir.com

Email

Affordability Calculator

$1,234
Per Month
97%
3%
0%
Monthly Principal & Interest
$1,199
Monthly Property Taxes
$35
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/3/2026$189,900 Listed Price

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40 Hemlock Hills A, Banner Elk, NC, 28604 is a Condo for sale at $189,900 with 499 sqft. 40 Hemlock Hills A has 1 bedrooms, 1.0 baths, and was built in 1983. The property's zip code is 28604 which is in Banner Elk, NC