
270 Elk Hill Drive · Banner Elk, NC 28604
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, décor, 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.
Features & Amenities
Location
Property boundary from county GIS
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Neighborhood Snapshot
U.S. Census Bureau, ACS 5-year estimatesNeighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.
Monthly Cost Estimate
* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.
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High Country Association of REALTORS (HCAOR) © Information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Last Update: Sep 1, 2026