$189,900
 $1,019 est/mo Sourced by Back At You

40 Hemlock Hills A,Banner Elk, NC 28604

Banner Elk, NC 28604

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Description

Affordable. Adorable. Investment-ready. Recently renovated, this turnkey mountain retreat offers an increasingly rare opportunity to own a piece of the High Country without compromising on location, charm, or income potential. With a proven short-term rental history, this property is equally appealing as an income-producing investment, a cozy personal retreat, a college getaway, or a full-time residence for individuals or couples looking to enjoy the mountain lifestyle. Perfectly positioned near the entrance to Ski Country, year-round adventure awaits just outside your door with easy access to skiing, snowboarding, hiking, mountain biking, golf, fishing, and endless outdoor recreation. Located just minutes from downtown Banner Elk, owners and guests can enjoy award-winning restaurants, boutique shopping, wineries, breweries, live music, seasonal festivals, and some of the area's most beloved attractions, including Sugar Mountain Resort, Beech Mountain Resort, Grandfather Mountain, and the scenic Blue Ridge Parkway. Beautifully maintained and offered fully furnished, this move-in-ready unit allows you to begin enjoying the mountain lifestyleor generating rental incomefrom day one. Recent updates include fresh interior paint, renovated stairs and decks, and meticulous maintenance throughout, offering peace of mind for years to come. Inside, warm exposed wood beams and a classic wood-burning fireplace create the inviting mountain ambiance you've been dreaming of. The comfortable living space is the perfect place to gather after a day on the slopes or exploring the High Country, while the private deck invites you to sip your morning coffee, enjoy the sounds of nature, unwind with a glass of wine, or simply take in the peaceful mountain setting. Looking for even more flexibility? Unit B is also available for purchase (see MLS #263536), presenting a unique opportunity to own both units. With the potential to install an interior connecting door, the two could function as one larger residenceideal for larger families, multi-generational living, expanded rental accommodations, or maximizing your investment potential. Whether you're searching for your first investment property, an affordable second home, or your own mountain escape, this exceptional property offers an opportunity to experience everything the North Carolina mountains have to offerat a price point that's becoming increasingly hard to find.

Details

MLS #263537
Listing TypeFor Sale
StyleCondominium
HOA Dues$222
Sub-TypeResale
Year1983
Days On Site27
Listing Provided ByPremier Sotheby's International Realty- Banner Elk | Jessica Auten

Features

Bed(s)1
Bath(s) 1 Total
SQ Feet499
Story(s)2
ZoningResidential

Interior

Cooling Yes / NoYes
CoolingWall Window Units
Heating Yes / NoYes
HeatingBaseboard, Electric
Interior FeaturesFurnished, Window Treatments
Window FeaturesWindow Treatments
AppliancesElectric Range, Electric Water Heater
Fireplace FeaturesOne, Wood Burning
Fireplace Yes / NoYes
Fireplaces Total1

Exterior

Exterior FeaturesPaved Driveway
RoofAsphalt, Shingle
Construction MaterialsWood Siding, Wood Frame

Parking

Garage Yes / NoNo
Parking FeaturesDriveway, No Garage, Paved, Private

Utilities

UtilitiesCable Available
SewerPublic Sewer

Taxes

Tax Annual Amount425
Tax Book Number669/672

Location

Community FeaturesLong Term Rental Allowed, Short Term Rental Allowed

Area Information

StateNC
CountyAvery
CityBanner Elk
Zip Code28604
Area8 Banner Elk
Community NameSki Country
School DistrictAvery County
Elementary SchoolBanner Elk
High SchoolAvery County
Listing VS Median (in Ski Country)
Price:
$189,900
low | high
Med:
$209,000
39.942074776198% of Average
sqft:
499
low | high
Med:
780
6.312625250501% of Average
$ / sqft:
$381
low | high
Med:
$268
79.591147837593% of Average
On site:
27
low | high
Med:
106
25.471698113208% of Average
Sourced by Back At You

Market Activity 28604

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Learn More About This Property

StateNC
CountyAvery
CityBanner Elk
Zip Code28604
Area8 Banner Elk
Community NameSki Country
School DistrictAvery County
Elementary SchoolBanner Elk
High SchoolAvery County
Listing VS Median (in Ski Country)
Price:
$189,900
low | high
Med:
$209,000
39.942074776198% of Average
sqft:
499
low | high
Med:
780
6.312625250501% of Average
$ / sqft:
$381
low | high
Med:
$268
79.591147837593% of Average
On site:
27
low | high
Med:
106
25.471698113208% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $142K - $237K
sqft: 374 - 624
Listing Updated: August 24, 2026 at 3:41:25 PM PDT
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