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For sale
    • $189,900

    40 Hemlock Hill #A, Banner Elk, NC 28604

    1beds
    499sqft
    : 
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    Condominium
    Built in 1983
    -- sqft lot
    $176,900 Zestimate®
    $381/sqft
    $225/mo HOA

    What's special

    An adorable, affordable, and investment-savvy opportunity, this mountain retreat checks all the boxes! With a proven rental history, this property is appealing to investors, college students, individuals, or couples looking for their own cozy mountain getaway. Perfectly positioned near the entrance to Ski Country, year-round adventure is right at your doorstep with easy access to skiing, snowboarding, hiking, mountain biking, golf, fishing, and endless outdoor recreation! Located just minutes from the heart of Banner Elk, owners and guests can enjoy charming local shops, award-winning restaurants, wineries, breweries, live music, festivals, and popular attractions including Sugar Mountain Resort, Beech Mountain Resort, Grandfather Mountain, and the scenic Blue Ridge Parkway. This beautifully maintained unit is being sold furnished and move-in ready, featuring recent updates including freshly painted , renovated stairs and decks, and exceptional overall condition. Inside, warm exposed wood beams create the perfect mountain ambiance along with wood burning fireplace. The comfortable and inviting living space makes it easy to relax after a day of adventure. Step outside onto your own deck—an ideal place to enjoy morning coffee, listen to the sounds of nature, unwind with a glass of wine, or simply take in the peaceful mountain surroundings. This is a great price to buy into the NC mountains experience!
    63 days
    |
    410
    |
    24
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Samantha Hamby (336)981-5354,

    Realty One Group Results,

    Sandara Dollar 336-977-4599,

    Realty One Group Results

    Source: High Country AOR,MLS#: 261683MLS LogoOriginating MLS: High Country Association of Realtors Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Baseboard, Electric
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Electric Range, Microwave, Refrigerator
      Features
      • Furnished, Window Treatments
      • Windows: Window Treatments
      • Basement: None
      • Number of fireplaces: 1
      • Fireplace features: One, Wood Burning
      • Furnished: Yes
      Interior area
      • Total structure area: 539
      • Total interior livable area: 499 sqft
      • Finished area above ground: 499
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Driveway, No Garage, Paved, Private
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Open
      • Exterior features: Paved Driveway
      Details
      • Parcel number: 185820912012000701

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: A-Frame,Chalet/Alpine
      • Property subtype: Condominium
      Materials
      • Wood Siding, Wood Frame
      • Roof: Asphalt,Shingle
      Condition
      • Year built: 1983

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Long Term Rental Allowed, Short Term Rental Allowed
      • Subdivision: Ski Country
      HOA
      • Has HOA: Yes
      • HOA fee: $225 monthly
      Location
      • Region: Banner Elk

      Financial & listing details

      • Price per square foot: $381/sqft
      • Tax assessed value: $106,200
      • Annual tax amount: $424
      • Date on market: 5/18/2026
      • Listing terms: Cash,Conventional,New Loan
      • Road surface type: Paved

        Estimated market value

        $176,900

        $168,000 - $186,000

        $1,458/mo

        Price history

        DateEventPrice
        5/18/2026Listed for sale$189,900+279.8%$381/sqft
        Source: High Country AOR #261683 Report a problem
        1/25/2019Sold$50,000-16.7%$100/sqft
        Source: High Country AOR #206007 Report a problem
        6/5/2018Listing removed$60,000$120/sqft
        Source: Blue Ridge Realty & Inv. - Banner Elk #206007 Report a problem
        3/19/2018Listed for sale$60,000+27.7%$120/sqft
        Source: Blue Ridge Realty & Inv. - Banner Elk #206007 Report a problem
        1/8/2016Sold$47,000+9300%$94/sqft
        Source: Public Record Report a problem
        3/25/2009Sold$500$1/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$425 $106,200
        2024$425 $106,200
        2023$425 $106,200
        2022$425 +123.2%$106,200 +206.9%
        2021$190 $34,600
        2020$190 $34,600
        2019$190 $34,600
        2018$190 $34,600 +2.1%
        2017$190 +25.5%$33,900
        2016$152 $33,900
        2015$152 $33,900
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 28604

        Getting around

        26 / 100
        Car-Dependent
        8 / 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.

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