INVESTMENT OPPORTUNITY! Cozy cabin retreat makes a great addition to any investment portfolio for full-time or vacation rental income or flip. Over 800 sf includes kitchen/living combo, one bedroom and bath on the upper level and a second bedroom, 1/2 bath and laundry on the lower level plus both upper and lower decks with mountain views. Fully furnished. Foundation, roof and lower level repairs needed. Lots of potential for expansion as property extends from Hemlock Rd to Snowflake Rd. Mill Ridge amenities include community pool, clubhouse, tennis courts, picnic areas, hiking trails and the peaceful Watauga River. Priced to Sell and is being sold AS IS.
Off market
$269,300
262 Hemlock Rd, Banner Elk, NC 28604
2beds
832sqft
SingleFamily
Built in 1975
4,356 Square Feet Lot
$269,300 Zestimate®
$324/sqft
$2,120 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Baseboard
Appliances
- Included: Dryer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Laminate
- Basement: Finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 832 sqft
Property
Parking
- Total spaces: 1
- Parking features: Off-street
Features
- Has view: Yes
- View description: Mountain
Lot
- Size: 4,356 sqft
Details
- Parcel number: 1878959928000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Conventional
Materials
- Roof: Other
Condition
- Year built: 1975
Community & neighborhood
Location
- Region: Banner Elk
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $155 monthly
Services availability

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