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$899,000
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Property Description
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
Full Property Details
Full Property Details for 270 Elk Hill Dr
General
- Price: $899,000
- HOA FEE: $45/month
- HOA FEE FREQ.: Annually
- Taxes: $917
- Status: Active
- Type: Single Family
- Source: 2217
- MLS ID: 256846
- Updated: 1/1/2026
- Added to Site: 104 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Two, Gas, Stone
- Appliances: Dryer, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, In Basement, Upper Level
Exterior
- Exterior Features: Gravel Driveway, Paved Driveway
Parking
- Garage: Yes
- Carports: Yes
- Parking Features: Carport, Driveway, Garage, Gravel, Oversized, Paved, Private
Location
- Area: 8-Banner Elk
- County: Avery
- Subdivision: None
School Information
- Elementary School: Banner Elk
- High School: Avery County
Community
- Community Name: 8-Banner Elk
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ductless, 3+ Units
- Heating Type: Baseboard, Ductless, Electric, Hot Water
Utilities
- Sewer: Public Sewer
- Water: Private, Well
- Well: Yes
- Utility Description: High Speed Internet Available
Structural Information
- Architectural Style: Contemporary, Mountain
- Detached/Attached: Detached
- Construction: Wood Siding, Wood Frame
- Basement Desc.: Crawl Space
- Roof: Asphalt, Shingle
- Windows: Double Pane Windows
- Stories/Levels: 3
- Square Feet: 3,686
- Living Area: 3,302 Sq. Ft.
- Finished Total: 3,302 Sq. Ft.
- Finished Above Grnd: 2,326 Sq. Ft.
- Finished Below Grnd: 976 Sq. Ft.
- Year Built: 1986
Lot Features
- Property View: Long Range, Mountain(s)
- Lot Size (Acres): 0.39
- Lot Size: .39
- Frontage: Private Road, Gravel
- Zoning: Residential
Financial Considerations
- Association Fee: $540
- Assoc Fee Freq.: Annually
- Tax Amount: $917
- Terms: Cash, Conventional, New Loan
Disclosures and Reports
- Property ID: 185800549137
Listed by Blue Ridge Realty & Inv. - Banner Elk
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Schools
Schools serving 270 Elk Hill Dr
School District:Avery County Schools
| Name | Grades | Distance |
|---|---|---|
Banner Elk Elementary School 155 Orchard Lane, Banner Elk, NC 28604 | PK-5 | 0.2 mi |
Avery Middle 102 Old Montezuma Road, Newland, NC 28657 | 6-8 | 6.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 270 Elk Hill Dr
Date
Details
Price
Change
Source
1/01/2026
Price Reduced
$899,000
-5.37%
MLS
10/06/2025
Listed
$950,000
331.82%
MLS
4/05/2019
Sold
$220,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 270 Elk Hill Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$50
—
$12,500
—
2024
$50
—
$12,500
—
2023
$50
—
$12,500
—
2022
$50
-24%
$12,500
4%
2021
$66
—
$12,000
—
2019
$66
—
$12,000
—
2018
$66
-20%
$12,000
-20%
2017
$82
22%
$15,000
—
2016
$67
—
$15,000
—
2015
$67
-14%
$15,000
—
2014
$78
-31%
$15,000
-46%
2013
$113
—
$28,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 270 Elk Hill Dr
270 Elk Hill Drive, Banner Elk, NC 28604 (MLS# 256846) is a Single Family property with 6 bedrooms and 6 full bathrooms. 270 Elk Hill Drive is currently listed for $899,000 and was received on October 06, 2025. Want to learn more about 270 Elk Hill Drive? Do you have questions about finding other Single Family real estate for sale in Banner Elk? You can browse all Banner Elk real estate or contact a Coldwell Banker agent to request more information.

