Rare live/work opportunity in the Town of Banner Elk with a residential Special Use Permit that conveys, allowing full-time occupancy within a commercially zoned (C-2) building. Fully renovated to the studs in 2015—including major systems, insulation, layout, and finishes—the property offers modern infrastructure with natural gas service, three zones of central heat and A/C, and Town of Banner Elk water/sewer.
The main level includes a 1,272 sq ft, 2-bedroom/1-bath apartment with a spacious full bath featuring a separate tub and shower. This residential component provides excellent flexibility for owner occupancy, staff housing, or supplemental rental income while remaining well under the 50% residential threshold required by town ordinance. A gas fireplace anchors the adjoining reception area, and a service kitchen (all components except a stove) adds convenience for live/work use.
The remaining main-level space and the entire lower level support a wide range of C-2-permitted commercial uses. The lower level has its own entrance, two half-baths, and a dedicated shower room with three individual showers and a double vanity—ideal for fitness, wellness, staff facilities, or future expansion.
Located on Beech Mountain Parkway, the property offers excellent access to Banner Elk, Beech Mountain Resort, Sugar Mountain, and year-round amenities. Ample parking, attractive landscaping, and a low-maintenance layout make it a strong option for buyers seeking a commercial property with the added benefit of on-site living or income potential.
161 days
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244
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Zillow last checked:
Listing updated:
Listed by:
Holly Ogle(828)789-9426,
HomeLight, Inc.
Source: High Country AOR,MLS#: 259935Originating MLS: High Country Association of Realtors Inc.
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 3
Full bathrooms: 1
1/2 bathrooms: 2
Heating
Forced Air, Fireplace(s), Gas, Hot Water, Zoned
Cooling
Central Air, Electric, Zoned
Appliances
Included: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Refrigerator, Tankless Water Heater, Washer
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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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Source: High Country AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.