
40 Hemlock Hills A · Banner Elk, NC 28604
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.
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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