Skip main navigation
For sale
  • $875,000

    270 Elk Hill Drive, Banner Elk, NC 28604

    6beds
    3,302sqft
    : 
    $4,948/mo
    Get pre-qualified
    Single Family Residence
    Built in 1986
    0.39 Acres Lot
    $811,400 Zestimate®
    $265/sqft
    $45/mo HOA

    What's special

    Full kitchenHigh vaulted ceilingsCovered carport area
    Beautiful Renovated. Two 3 Bedroom 3 Bath Units now used as a 4 plex. (Two 2 Bedroom 2 Bathroom Units with an Efficiency Apt below each for 4 Units total). 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. 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 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. Both Upper Units: Two Bedroom / 2 Bath, Full Kitchen w/ Oven/Range Electric, Microwave, Refrigerator, Garbage Disposal, Dishwasher, Washer/Dryer, Drapes/Blinds, Fireplace, Living Room, Loft, Sold Furnished. (2 Mini splits in upper left unit, 3 Mini splits in upper right unit. Both Lower Efficiencies: One Bathroom, Deck, Full Kitchen w/ Oven/Range Electric, Refrigerator, Garbage Disposal, Washer/Dryer, Sold Unfurnished
    315 days
    |
    318
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Linda Cramblit (828)737-3100,

    Blue Ridge Realty & Inv. - Banner Elk

    Source: High Country AOR,MLS#: 256846MLS LogoOriginating MLS: High Country Association of Realtors Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 6
      • Full bathrooms: 6
      Heating
      • Baseboard, Ductless, Electric, Hot Water
      Cooling
      • Ductless, 3+ Units
      Appliances
      • Included: Dryer, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Washer
      • Laundry: Washer Hookup, Dryer Hookup, In Basement, Upper Level
      Features
      • Windows: Double Pane Windows
      • Basement: Crawl Space
      • Attic: None
      • Number of fireplaces: 2
      • Fireplace features: Two, Gas, Stone
      Interior area
      • Total structure area: 3,686
      • Total interior livable area: 3,302 sqft
      • Finished area above ground: 2,326
      • Finished area below ground: 976

      Property

      Parking
      • Parking features: Carport, Driveway, Garage, Gravel, Oversized, Paved, Private
      • Has garage: Yes
      • Has carport: Yes
      • Has uncovered spaces: Yes
      Features
      • Levels: Three Or More
      • Stories: 3
      • Exterior features: Gravel Driveway, Paved Driveway
      • 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: SingleFamily
      • Architectural style: Contemporary,Mountain
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding, Wood Frame
      • Roof: Asphalt,Shingle
      Condition
      • Year built: 1986

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Private, Well
      • Utilities for property: 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: $265/sqft
      • Tax assessed value: $229,200
      • Annual tax amount: $917
      • Date on market: 10/6/2025
      • Listing terms: Cash,Conventional,New Loan
      • Road surface type: Gravel

        Estimated market value

        $811,400

        $771,000 - $852,000

        $3,588/mo

        Price history

        DateEventPrice
        4/1/2026Price change$875,000-2.7%$265/sqft
        Source: High Country AOR #256846 Report a problem
        1/2/2026Price change$899,000-5.4%$272/sqft
        Source: High Country AOR #256846 Report a problem
        10/6/2025Price change$950,000-4.5%$288/sqft
        Source: High Country AOR #254629 Report a problem
        10/1/2025Price change$995,000-0.3%$301/sqft
        Source: High Country AOR #254629 Report a problem
        9/1/2025Price change$998,000-13.1%$302/sqft
        Source: High Country AOR #254629 Report a problem
        4/6/2025Listed for sale$1,149,000+422.3%$348/sqft
        Source: High Country AOR #254629 Report a problem
        4/5/2019Sold$220,000-2.2%$67/sqft
        Source: High Country AOR #201996 Report a problem
        3/1/2019Pending sale$225,000$68/sqft
        Source: Blue Ridge Realty & Inv. - Banner Elk #201996 Report a problem
        8/15/2018Listed for sale$225,000$68/sqft
        Source: Blue Ridge Realty & Inv. - Banner Elk #201996 Report a problem
        8/15/2018Pending sale$225,000$68/sqft
        Source: Blue Ridge Realty & Inv. - Banner Elk #201996 Report a problem
        8/15/2018Pending sale$225,000$68/sqft
        Source: Blue Ridge Realty & Inv. - Banner Elk #201996 Report a problem
        7/26/2018Listed for sale$225,000+228.5%$68/sqft
        Source: Blue Ridge Realty & Inv. - Banner Elk #201996 Report a problem
        9/29/2010Sold$68,500$21/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$917 $229,200
        2024$917 +4.4%$229,200 +4.4%
        2023$878 $219,600
        2022$878 -27.6%$219,600 -0.4%
        2021$1,213 $220,500
        2020$1,213 $220,500
        2019$1,213 $220,500
        2018$1,213 $220,500 -9.8%
        2017$1,213 +11%$244,400
        2016$1,093 $244,400
        2015$1,093 $244,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28604

        Getting around

        31 / 100
        Car-Dependent
        11 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Banner Elk
        • High: Avery County

        Source: High Country AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes