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Active
$189,900 Est. $1,309/mo — Get pre-qualified
1beds 1baths 499sq ft

40 Hemlock Hills A · Banner Elk, NC 28604

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Affordable. Adorable. Investment-ready. Recently renovated, this turnkey mountain retreat offers an increasingly rare opportunity to own a piece of the High Country without compromising on location, charm, or income potential. With a proven short-term rental history, this property is equally appealing as an income-producing investment, a cozy personal retreat, a college getaway, or a full-time residence for individuals or couples looking to enjoy the mountain lifestyle.

Perfectly positioned near the entrance to Ski Country, year-round adventure awaits just outside your door with easy access to skiing, snowboarding, hiking, mountain biking, golf, fishing, and endless outdoor recreation. Located just minutes from downtown Banner Elk, owners and guests can enjoy award-winning restaurants, boutique shopping, wineries, breweries, live music, seasonal festivals, and some of the area's most beloved attractions, including Sugar Mountain Resort, Beech Mountain Resort, Grandfather Mountain, and the scenic Blue Ridge Parkway.

Beautifully maintained and offered fully furnished, this move-in-ready unit allows you to begin enjoying the mountain lifestyle—or generating rental income—from day one. Recent updates include fresh interior paint, renovated stairs and decks, and meticulous maintenance throughout, offering peace of mind for years to come.

Inside, warm exposed wood beams and a classic wood-burning fireplace create the inviting mountain ambiance you've been dreaming of. The comfortable living space is the perfect place to gather after a day on the slopes or exploring the High Country, while the private deck invites you to sip your morning coffee, enjoy the sounds of nature, unwind with a glass of wine, or simply take in the peaceful mountain setting.

Looking for even more flexibility? Unit B is also available for purchase (see MLS #263536), presenting a unique opportunity to own both units. With the potential to install an interior connecting door, the two could function as one larger residence—ideal for larger families, multi-generational living, expanded rental accommodations, or maximizing your investment potential.

Whether you're searching for your first investment property, an affordable second home, or your own mountain escape, this exceptional property offers an opportunity to experience everything the North Carolina mountains have to offer—at a price point that's becoming increasingly hard to find.

Features & Amenities

Living Area499 Sq.Ft.
Bedrooms1
Baths1
FireplaceYes
Virtual TourOpen Virtual Tour
Year Built1983
StatusActive
SubdivisionSki Country
CountyAvery
Property TypeResidential
Property SubTypeCondominium
Days on Market9
Last UpdatedAug 12, 2026
HOAYes — $1 / year
ElementaryBanner Elk Elementary School
MiddleUnknown Middle School
HighAvery County High School
Presented By: Premier Sotheby's International Realty- Banner Elk; sarah.whitfield@premiersir.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood 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

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* 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: Aug 12, 2026