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Beautifully renovated four-unit property offering spectacular long-range views of Banner Elk, Sugar Mountain, and Beech Mountain! The property features two spacious upper-level units, each with two bedrooms and two bathrooms, plus an efficiency apartment below each unit, providing four total living spaces. Highlights include soaring vaulted ceilings, two fireplaces, and exceptional flexibility for full-time or seasonal living, extended family, guests, short- or long-term rentals, employee housing, or investment use. Each unit has been extensively renovated since purchase, with a complete list of improvements available in the documents. The two upper units are being sold furnished, excluding select artwork, décor, and personal belongings. A 384-square-foot clean, unheated storage room is located behind the lower right efficiency unit. Covered carport parking accommodates up to three vehicles, with additional parking available on the included 0.11-acre vacant parcel below. The total acreage for the fourplex and additional lot is approximately 0.39 acres. Annual road maintenance fee is $540. Electricity is metered as a duplex. The virtual tour features only the two upper two-bedroom, two-bath units. The lower efficiency apartments are currently rented and are shown in photographs only due to tenants' personal belongings. Advance notice is required to show the units. Ideally located near ski resorts, restaurants, shopping, parks, and other High Country attractions.
| DAYS ON MARKET | 5 | LAST UPDATED | 8/31/2026 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 1986 |
| COMMUNITY | 8-Banner Elk | COUNTY | Avery |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Banner Elk |
|---|---|
| High School | Avery County |
| ADDITIONAL DETAILS | |
| AIR | Ductless |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Electric Cooktop, Microwave, Refrigerator, Washer |
| AREA | 8-Banner Elk |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Frame, Wood Siding |
| FIREPLACE | Yes |
| HEAT | Baseboard, Ductless, Electric, Hot Water |
| HOA DUES | 540 |
| INTERIOR | High Speed Internet |
| LOT | 0.39 acre(s) |
| LOT DIMENSIONS | 0.39 |
| SEWER | Public Sewer |
| STYLE | Contemporary, Mountain |
| SUBDIVISION | None |
| TAXES | 917 |
| UTILITIES | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s) |
| WATER | Private, Well |
| ZONING | Residential |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Linda Cramblit, Blue Ridge Realty & Inv. - Banner Elk, (828) 737-3100
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