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In-PersonVirtual Tour

Jeff Vermillion

jeff.vermillion@engelvoelkers.com +1(828) 789-9881

$ 875,000

Est. payment -/mo

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270 Elk Hill DR Banner Elk, NC 28604

0.39 Acres Lot

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 264024

Style Contemporary,Mountain

HOA Fees $540/ann

HOA Y/N Yes

Year Built 1986

Annual Tax Amount $917

Lot Size 0.390 Acres

Acres 0.39

Property Sub-Type Quadruplex

Property Description

Beautifully renovated four-unit property offering spectacular long-range views of Banner Elk, Sugar Mountain, and Beech Mountain! The property features two spacious upper-level units, each with two bedrooms and two bathrooms, plus an efficiency apartment below each unit, providing four total living spaces. Highlights include soaring vaulted ceilings, two fireplaces, and exceptional flexibility for full-time or seasonal living, extended family, guests, short- or long-term rentals, employee housing, or investment use.

Each unit has been extensively renovated since purchase, with a complete list of improvements available in the documents. The two upper units are being sold furnished, excluding select artwork, décor, and personal belongings. A 384-square-foot clean, unheated storage room is located behind the lower right efficiency unit.

Covered carport parking accommodates up to three vehicles, with additional parking available on the included 0.11-acre vacant parcel below. The total acreage for the fourplex and additional lot is approximately 0.39 acres. Annual road maintenance fee is $540. Electricity is metered as a duplex.

The virtual tour features only the two upper two-bedroom, two-bath units. The lower efficiency apartments are currently rented and are shown in photographs only due to tenants' personal belongings. Advance notice is required to show the units. Ideally located near ski resorts, restaurants, shopping, parks, and other High Country attractions.

Location

State NC

County Avery

Community Long Term Rental Allowed, Short Term Rental Allowed

Area 8-Banner Elk

Rooms

Basement Crawl Space

Interior

Heating Baseboard, Ductless, Electric, Hot Water

Cooling Ductless, 2 Units

Fireplaces Number 2

Fireplaces Type Two, Gas, Stone

Fireplace Yes

Appliance Dryer, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Washer

Laundry Washer Hookup, Dryer Hookup

Exterior

Community Features Long Term Rental Allowed, Short Term Rental Allowed

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available, High Speed Internet Available

View Y/N Yes

Water Access Desc Private,Well

View Long Range, Mountain(s)

Roof Type Asphalt,Shingle

Building

Sewer Public Sewer

Water Private, Well

Architectural Style Contemporary, Mountain

Schools

Elementary Schools Banner Elk

High Schools Avery County

Others

Tax ID 185800549137

Acceptable Financing Cash, Conventional, New Loan

Listing Terms Cash, Conventional, New Loan

Virtual Tour https://my.matterport.com/show/?m=vsembpvzosd&brand=0

Listed by Blue Ridge Realty & Inv. - Banner Elk

NEARBY SCHOOLS & PROPERTIES

Jeff Vermillion

Real Estate Advisor License ID: 345356

+1(828) 789-9881

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