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Off market
  • $265,100

    262 Hemlock Rd, Banner Elk, NC 28604

    2beds
    832sqft
    SingleFamily
    Built in 1975
    4,356 Square Feet Lot
    $265,100 Zestimate®
    $319/sqft
    $1,222 Estimated rent

    Home value

    $265,100

    $244,000 - $286,000

    $1,222/mo

    Zestimate® history
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    Owner options

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    $1,222/mo

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    $1,222/mo

    Rent Zestimate®

    Refinance and save

    $1,604/mo

    Est. payment

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    $1,604/mo

    Est. payment

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    What's special

    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.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    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

    Price history

    DateEventPrice
    1/28/2022Sold$185,000+5.8%$222/sqft
    Source: High Country AOR #234675
    12/18/2021Contingent$174,900$210/sqft
    Source: High Country AOR #234675
    12/13/2021Listed for sale$174,900$210/sqft
    Source: High Country AOR #234675
    12/2/2021Contingent$174,900$210/sqft
    Source: High Country AOR #234675
    11/29/2021Listed for sale$174,900+399.7%$210/sqft
    Source: High Country AOR #234675

    Public tax history

    YearProperty taxesTax assessment
    2024$726 $169,400
    2023$726 +3.3%$169,400
    2022$703 +32.6%$169,400 +70.4%

    Find assessor info on the county website

    Neighborhood: 28604

    Nearby schools

    GreatSchools rating
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