About This Home

This 0-bedroom, 0-bathroom multi-family at 270 Elk Hill Drive in Banner Elk, NC is listed for $849,000. Built in 1986, on a 0.39 acres lot.

Key Features

  • Built in 1986
  • 0.39 acre lot

Property Details

1986
Listing 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, decor, 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.

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 0-bedroom, 0-bathroom multi-family at 270 Elk Hill Drive is listed at $849,000. 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# 264024· Source: High Country Association of Realtors· 59 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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