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$850,000 Just Listed
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Property Description
Prime commercial investment opportunity in the heart of Banner Elk! Ideally positioned on highly traveled Tynecastle Highway just below the blinking yellow light at the entrance to Sugar Mountain, this versatile commercial building offers exceptional visibility, easy access, and outstanding signage exposure along one of Banner Elk's main thoroughfares. The property features four separate office suites, two of which are currently leased to long-term tenants, providing immediate income potential. Flexible layout options make this an excellent fit for professional offices, boutique retail, wellness services, or a variety of commercial uses. Spacious rear decks showcase beautiful long-range views overlooking the headwaters of the Elk River and the slopes of Sugar Mountain Ski Resort, creating a rare and inviting setting for clients, customers, and employees alike. Conveniently located just minutes from downtown Banner Elk, Sugar Mountain Resort, and the Shops of Tynecastle, this property combines strong investment appeal with prime High Country location and visibility. A rare opportunity to own a highly desirable commercial property in one of the area's most sought-after corridors.
Full Property Details
Full Property Details for 2780 Tynecastle Hwy
General
- Price: $850,000
- Taxes: $1,357
- Status: Active
- Type: Commercial
- Source: 2217
- MLS ID: 262270
- Updated: 5/27/2026
- Added to Site: 1 day(s) ago
Parking
- Parking Features: Paved, Parking Space(s)
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
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Baseboard, Electric, Hot Water
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: High Speed Internet Available
Structural Information
- Detached/Attached: Detached
- Construction: Wood Siding, Wood Frame
- Roof: Asphalt, Shingle
- Stories/Levels: 2
- Square Feet: 3,600
- Year Built: 1993
Lot Features
- Lot Size (Acres): 0.29
- Lot Size: .29
- Road Maintenance: Public Maintained Road
- Potential Use: Office, Retail
- Zoning: Business/Comm
Financial Considerations
- Tax Amount: $1,357.21
- Terms: Cash, Conventional, New Loan
Disclosures and Reports
- Property ID: 18582080665700000
- Lot Number: 4
Listed by Keller Williams High Country
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Schools
Schools serving 2780 Tynecastle Hwy
School District:Avery County Schools
| Name | Grades | Distance |
|---|---|---|
Banner Elk Elementary School 155 Orchard Lane, Banner Elk, NC 28604 | PK-5 | 1 mi |
Avery Middle 102 Old Montezuma Road, Newland, NC 28657 | 6-8 | 6.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2780 Tynecastle Hwy
Date
Details
Price
Change
Source
5/27/2026
Listed
$850,000
146.38%
MLS
7/28/2021
Sold
$345,000
—
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 2780 Tynecastle Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,357
—
$339,300
—
2024
$1,357
—
$339,300
—
2023
$1,357
100%
$339,300
—
2022
-100%
$339,300
46%
2021
$1,281
—
$232,900
—
2019
$1,281
—
$232,900
—
2018
$1,281
2%
$232,900
2%
2017
$1,255
41%
$228,200
14%
2016
$892
—
$199,500
—
2015
$892
-14%
$199,500
—
2014
$1,039
-13%
$199,500
-32%
2013
$1,188
—
$293,400
—
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 2780 Tynecastle Hwy
2780 Tynecastle Highway, Banner Elk, NC 28604 (MLS# 262270) is a Commercial property. 2780 Tynecastle Highway is currently listed for $850,000 and was received on May 27, 2026. Want to learn more about 2780 Tynecastle Highway? Do you have questions about finding other Commercial 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.

