About This Home

This 6-bedroom, 6-bathroom single family at 270 Elk Hill Drive in Banner Elk, NC is listed for $849,000 ($257 per sqft). Built in 1986, the home offers 3,302 sqft of living space on a 0.39 acres lot.

Key Features

  • Built in 1986
  • 0.39 acre lot

Property Details

6 full
1986
Listing 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, decor, 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.

Monthly Cost Estimate

$4,541/mo

20% down · 6.5% · 30 years

Principal$614
Interest$3,679
Insurance$248

Estimates only. Actual payments may vary.

Location

270 Elk Hill Drive

Banner Elk, NC 28604

Questions & Answers

This 6-bedroom, 6-bathroom single family at 270 Elk Hill Drive is listed at $849,000 ($257/sqft). The estimated monthly payment is $4,541 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1986, 0.39 acre lot.

This property is listed by Linda Cramblit.

LC

Linda Cramblit

Agent at Blue Ridge Realty & Investments, LLC

Listed by Blue Ridge Realty & Investments, LLC · Broker phone: (828) 263-8711 · View on Broker Site · Broker website

MLS# 264023· Source: High Country Association of Realtors· 58 days on PropertySimple

Copyright © 2026 High Country Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

270 Elk Hill Drive, Banner Elk, NC 28604

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