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$1,950,000 Just Listed
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Property Description
Welcome to your mountain sanctuary investment property! Nestled in Banner Elk, 500 Adams Apple Drive offers the ultimate High Country lifestyle, combining cozy rustic charm with effortless convenience. Tucked away in a tranquil, wood-framed setting, this condo building delivers beautiful mountain views and the cool, crisp air of the Blue Ridge Mountains. The building consists of six units plus an ADU with a total of 14 bedrooms plus a studio, nine full and four half baths across nearly 7,000 square feet of living space and ample outdoor deck space too. Thoughtfully designed layouts feature open-concept living spaces, cozy accents, and warm fireplaces perfect for crisp mountain evenings inside or out. Just minutes to the slopes of Sugar Mountain Resort and Beech Mountain Resort for winter sports, summer mountain biking, and scenic chairlift rides. Close proximity to downtown Banner Elk's fine dining, local boutique shops, Lees-McRae College, and popular local festivals. With easy access to Grandfather Mountain State Park, hiking trails, fly fishing, local wineries, and the Wilderness Run Alpine Coaster, adventure is at your doorstep. This fully furnished and lucrative short-term rental opportunity is a low-maintenance mountain getaway offering a seamless, turnkey opportunity.
Full Property Details
Full Property Details for 500 Adams Apple Dr #1-6 + ADU
General
- Price: $1,950,000
- HOA FEE: $200/month
- Taxes: $741
- Status: Active
- Type: Condo
- Source: 2217
- MLS ID: 264439
- Updated: 9/25/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Furnished, Window Treatments
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): One, Stone
- Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave Hood Fan, Microwave, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Main Level
Exterior
- Exterior Features: Paved Driveway
- Porch/Patio/Deck: Covered, Multiple
Parking
- Parking Features: Asphalt, Driveway, Paved, Private
Location
- Area: 8-Banner Elk
- County: Avery
- Subdivision: Adams Apple
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: Wall/Window Unit(s)
- Heating Type: Baseboard, Electric
Utilities
- Sewer: Community/Coop Sewer
- Water: Shared Well
- Well: Yes
- Utility Description: High Speed Internet Available
Structural Information
- Architectural Style: Mountain, Traditional
- Detached/Attached: Detached
- Construction: Wood Siding, Wood Frame
- Basement Desc.: Crawl Space
- Roof: Architectural, Shingle
- Windows: Window Treatments
- Stories/Levels: 2
- Living Area: 1,324 Sq. Ft.
- Finished Total: 1,324 Sq. Ft.
- Finished Above Grnd: 1,324 Sq. Ft.
- Year Built: 1981
Lot Features
- Property View: Mountain(s)
- Lot Size (Acres): 0.26
- Lot Size: .26
- Frontage: Private Road, Paved
- Zoning: Other-See Remarks
Financial Considerations
- Association Fee: $200
- Assoc Fee Freq.: Monthly
- Tax Amount: $741
- Terms: Cash, Conventional, New Loan
Disclosures and Reports
- Property ID: 1867-02-66-3054-00006
Listed by Howard Hanna Allen Tate Real Estate Blowing Rock
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Price & Sales History for 500 Adams Apple Dr #1-6 + ADU
Date
Details
Price
Change
Source
9/24/2026
Listed
$1,950,000
—
MLS
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 500 Adams Apple Dr #1-6 + ADU
Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
100%
2024
100%
100%
2023
100%
100%
2021
—
—
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 500 Adams Apple Dr #1-6 + ADU
500 Adams Apple Drive #1-6 + ADU, Banner Elk, NC 28604 (MLS# 264439) is a Condo property with 3 bedrooms and 2 full bathrooms. 500 Adams Apple Drive #1-6 + ADU is currently listed for $1,950,000 and was received on September 24, 2026. Want to learn more about 500 Adams Apple Drive #1-6 + ADU? Do you have questions about finding other Condo 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.
