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For sale
  • $1,149,000

    270 Elk Hill Drive, Banner Elk, NC 28604

    --beds
    0baths
    3,302sqft
    : 
    Quadruplex, Multi Family
    Built in 1986
    -- sqft lot
    $1,072,600 Zestimate®
    $348/sqft
    $45/mo HOA

    What's special

    High vaulted ceilingsCovered carport area
    Beautiful 4PLEX w/BIG VIEWS of Banner Elk, Sugar Mountain and Beech Mountain! High Vaulted Ceilings, 2 Fireplaces. Upper 2 Units Sold Furnished minus seller exclusions: some Artwork, Decor & Personal Belongings. Two 2 Bedroom 2 Bathroom Units with an Efficiency Apt below each for 4 Units total. Perfect for Full-Time, Part-Time, In-laws, Guests, Short Term or Long-Term Rentals. Each unit has been completely renovated since purchased. List of Updates available. This property has lots of potential uses. Can be used as a Duplex, Triplex, 4-Plex, Large Home or even Employee Housing. Great Opportunity for an Investor and in a Great Location with Close Proximity to Ski Resorts, Restaurants, Shopping, Parks, etc. There is a 384' Clean space cold room located behind lower right-side efficiency. Covered Carport area holds 3 cars and the parking pad below is on the vacant .11 acre parcel and can hold 3 more cars. Total acreage w the lot and 4-Plex is .39 acre. $540 A Year Road Maintenance Fee. The Virtual Tour is only for the 2 upper 2 bedroom 2 bath units. The 2 lower efficiency units are only shown in photos since currently rented and their personal contents. List of Updates completed on each unit is in the documents folder. With both efficiencies rented advanced notice needed to be shown. Both upper units can be shown short notice. The Electric is metered as a Duplex.
    20 days
    on Zillow
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    285
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    23
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    Zillow last checked: 7 hours ago

    Listing updated: April 06, 2025 at 05:58pm

    Listed by:

    Linda Cramblit (828)737-3100,

    Blue Ridge Realty & Inv. - Banner Elk

    Source: High Country AOR,MLS#: 254629MLS LogoOriginating MLS: High Country Association of Realtors Inc.
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 270 Elk Hill Drive.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Baseboard, Ductless, Electric, Hot Water
    Cooling
    • Ductless, 2 Units
    Appliances
    • Included: Dryer, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Washer
    • Laundry: Washer Hookup, Dryer Hookup
    Features
    • Doors: Storm Door(s)
    • Windows: Double Pane Windows
    • Basement: Crawl Space
    • Number of fireplaces: 2
    • Fireplace features: Two, Gas, Stone
    Interior area
    • Total structure area: 3,302
    • Total interior livable area: 3,302 sqft
    Video & virtual tour

    Property

    Features
    • Has view: Yes
    • View description: Long Range, Mountain(s)
    Lot
    • Size: 0.39 Acres
    Details
    • Parcel number: 185800549137
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary,Mountain
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Wood Siding, Wood Frame
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 1986

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Private, Well
    • Utilities for property: Cable Available, Electricity Available, High Speed Internet Available

    Community & HOA

    Community
    • Features: Long Term Rental Allowed, Short Term Rental Allowed
    • Subdivision: None
    HOA
    • Has HOA: Yes
    • HOA fee: $540 annually
    Location
    • Region: Banner Elk

    Financial & listing details

    • Price per square foot: $348/sqft
    • Tax assessed value: $219,600
    • Annual tax amount: $916
    • Date on market: 4/6/2025
    • Listing terms: Cash,Conventional,New Loan
    • Road surface type: Gravel
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