Views
Address
218 Elk Hill Drive # 4 # 4, 6, 7, 8, Banner Elk, NC
Price
$ 945,000
Property Attributes
- ID#4131331
- TypeMulti-Family
- CountyAVERY
- CityBanner Elk
- AreaAvery County
- Zip28604
- Style
- Price$ 945,000
- Bedrooms8
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage2688
Data Source:
Canopy MLS
Property Description
Looking for an investment? Look no further! This group of condos is being offered below appraisal value and is well-seasoned for the investor looking for a “Home Run.” All units are 2 bed, 1 bath with an open floorplan. Three units have updated solid surface floors, granite, dishwashers, garbage disposals, Jacuzzi tubs with surround shower, custom closets, built in desks, and vented gas stone corner fireplaces. All units have very spacious decks and the two end units have additional decks with sliders. The location is superb, minutes to town, restaurants, Lowes Hardware, and grocery stores. Both Sugar Mountain and Beech Mountain ski resorts are only a short drive. A short 5 minute drive to Lees McRae and a 30 minute drive to Appalachian State University. For the hiking enthusiast Grandfather Mountain and numerous hiking trails are close by. These units stay rented. Long term rentals accepted, and short term rentals could be a possibility.
| Elementary School | Middle School | High School |
|---|---|---|
| Banner Elk Elementary School | Unspecified Middle School | Avery County High School |
| Price History | |
|---|---|
| 4/19/2024 | Listed $945,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Baseboard,Ductless |
| Cooling | Ductless,Other - See Remarks |
| Appliances | Dishwasher,Dryer,Electric Range,Refrigerator,Washer |
| HOA | 600 |
| Construction Materials | Wood |
| Pets Allowed | Yes |
| Year Built | 1983 |
| Tenant Pays | Other |
| Unit Number | 4,6,7,8 |
| Property SubType | Apartment |
| Elevation | 3500 |
| Assoc Fee Paid Per | Annually |
| County | Avery |
| New Construction | No |
| Property Type | Residential Income |
| Directions | Tynecastle Castle Highway heading toward Banner Elk. Elk Hill Drive will be a road on the right after Masters Touch Stone. Follow uo the hill through a curve condos will be on your right. |
| High School | Avery County |
| City | Banner Elk |
| Total Units | 4 |
| Street Name | Elk Hill |
| Elementary School | Banner Elk |
| Middle/Junior High School | Unspecified |
| Standard Status | Active |
| CAR_HOASubjectTo | Required |
| Construction Type | Site Built |
| Tax Assessed Value | 348400 |
Interior Features
| Fireplace Features | Gas |
|---|---|
| Fireplace Y/N | Yes |
| Above Grade Finished Area | 2688 |
| Full Baths | 4 |
| Street Suffix | Drive |
| Laundry Features | Common Area,In Unit,Other - See Remarks |
| Total Bedrooms | 8 |
Exterior Features
| Parking Features | Parking Lot |
|---|---|
| Water Source | Shared Well |
| Foundation Details | Crawl Space |
| Building Area Total | 2688 |
| Road Surface Type | Gravel |
| Lot Size Units | Acres |
| Road Responsibility | Private Maintained Road |
| Main Level Garage YN | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 28604
Price
Visits
Year Built
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