226-228 Beech Haven Rd

Banner Elk, NC 28604

$1,175,000
Price
3
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
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per Sq. Ft.
a front view of a house with garden
a view of a house with backyard
a aerial view of a house with a yard
a front view of a house with garden
a view of a house with a big yard
a kitchen with a sink and a stove
a living room with furniture and kitchen view
a kitchen with stainless steel appliances granite countertop a stove a sink and a microwave
a kitchen with stainless steel appliances granite countertop a stove a sink and a refrigerator
a kitchen with a sink and a stove next to a window
a living room with furniture a fireplace and gym equipment
a view of a wooden door
a view of a ocean beach
a bedroom with a bed and a chandelier
a bedroom with a bed and a large window
a living room with furniture
a bedroom with a bed and a painting on the wall
a view of a workspace with furniture and a couch
a utility room with dryer and washer
a bathroom with a toilet a sink and bathtub
a bathroom with a toilet a sink and a mirror
a living room with furniture and wooden floor
a bathroom with a toilet a sink and a mirror
a bedroom with a bed and a large mirror on the dresser
a view of entryway
a picture of a kitchen with a sink
not sure
a living room with furniture and a flat screen tv
a utility room with dryer and washer
a kitchen with stainless steel appliances a sink and cabinets
a living room with furniture and a fireplace
a view of a kitchen with furniture and a window
a bathroom with a toilet and a shower
a view of an empty room with wooden floor and a fireplace
a bedroom with a bed and a flat screen tv
a bedroom with a bed a mirror and dresser
a view of living room
a view of small space

Description

A rare investor opportunity in Banner Elk, this property offers four rentable doors between a triplex and a separate 1-bedroom bungalow. Two of the four units have already been masterfully renovated as luxury short-term rentals, and both are proving their income potential now: the fully completed 1BR unit, “Hillside Haven,” has already earned $50K in its first year, even in a softer rental market, while the top-floor unit, “The Penthouse,” went live this fall and is actively booking. The remaining...A rare investor opportunity in Banner Elk, this property offers four rentable doors between a triplex and a separate 1-bedroom bungalow. Two of the four units have already been masterfully renovated as luxury short-term rentals, and both are proving their income potential now: the fully completed 1BR unit, “Hillside Haven,” has already earned $50K in its first year, even in a softer rental market, while the top-floor unit, “The Penthouse,” went live this fall and is actively booking. The remaining two units have been fully gutted, leaving plenty of value for the next owner to finish and scale. The third unit(main floor) is actively being completed and price will be adjusted as work continues. Current price is As-Is. Completion is estimated to be Spring 2026. Once all 4 units are complete, this property is projected to gross over $200k per year. The seller is a seasoned STR operator and consultant who has thoughtfully redesigned these spaces with intention, quality, and long-term performance in mind. Major systems and big-ticket items have already been addressed, including roof, windows, and core infrastructure, so the hard work is done. He’s selling now only to pivot focus to another local project, offering this property as-is at a price that leaves serious meat on the bone for the next investor. This opportunity is great for experienced short term rental investors who want to enter the High Country market or expand their portfolio with a standout property in a prime location. It is on the way to Beech Mountain yet a 2 minute drive to downtown Banner Elk and Lees McRae, offering tremendous guest appeal. Short term rentals are the highest and best use but long term rentals could also easily cover expenses if needed. This property is not suited for anyone seeking a turnkey property. Square footage on this listing does not reflect the unfinished units. Once completed the main home will offer 3,494sf across three levels, and the detached bungalow adds an additional 715sf of finished space(4,209sf TOTAL). This is a rare chance to step into a partially completed/partially cash-flowing, high performing STR investment with proven income and plenty of room to grow.
  1. Listed by Nikki Rezvani • Keller Williams High Country • (828) 773-7845

Property Details for 226-228 Beech Haven Road

Architectural Style
Cottage, Craftsman
Waterfront Features
Creek, Stream
View
Yes
Subdivision Name
None
View
Residential, CreekStream, TreesWoods
LISTING UPDATED: 12/05/2025 03:24 PM

Property Details for 226-228 Beech Haven Road

StatusActive
MLS #259201
Days on Market26
Taxes$2,550 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1936
Lot Size0.48 AC / 20,908 SF
CountyAvery County

Location

Listing Courtesy of Keller Williams High Country
Add your commute

Building Information for 226-228 Beech Haven Road

Stories-Residences4Year Built1936Building Size-Lot Size0.48 AC / 20,908 SF

Payment Calculator

$6,019 per month

30 year fixed, 6.28% Interest

Principal and Interest

$5,806

Property Taxes

$213

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 226-228 Beech Haven Road

Summary
Location and General Information
  • Directions: From Banner Elk stoplight: take 194 toward Beech Mountain/Elk Park. Turn right on Beech Mountain Parkway. Go 1/4 mile to right on Beech Haven. Property is on right side.
  • Road Surface Type: Paved
  • Postal Code: 28604
  • Road Responsibility: PublicMaintainedRoad
  • MLS Area Major: 8-Banner Elk
Taxes and HOA Information
  • Parcel Number: 1859-17-11-0261-00000
  • Additional Parcels Description: 18591711220500000
  • Association: No
  • Tax Annual Amount: $2,550
  • Tax Book Number: 588/473
  • Tax Legal Description: TRACT 2 PLAT 18-139
School Information
  • Elementary School: Banner Elk
  • High School: Avery County
Property
Lot Information
  • Lot Size Acres: 0.48
  • Lot Size Area: 0.48
  • Lot Size Units: Acres
Property and Assessments
  • Other Structures: LivingQuarters
  • Year Built: 1936
  • Documents Available: Disclosures, LeadBasedPaintDisclosure, Plat, SellersPropertyDisclosure, Survey, RentRolls
  • Human Modified: Yes
Utilities
  • Sewer: PublicSewer
  • Utilities: ElectricityAvailable, NaturalGasAvailable, SewerAvailable, SeparateMeters, WaterAvailable, HighSpeedInternetAvailable
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Community Features: LongTermRentalAllowed, ShortTermRentalAllowed
  • Construction Materials: Stone, WoodFrame
  • Foundation Details: Basement
  • Roof: Metal
Interior Features
  • Basement: Yes
  • Basement: Unfinished, WalkOutAccess
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 3
  • Rooms Total: 4
  • Cooling: Yes
  • Cooling: Ductless
  • Heating: Yes
  • Heating: Ductless, WoodStove
  • Fireplace: Yes
  • Fireplace Features: Other, SeeRemarks, WoodBurning
  • Appliances: Dryer, ElectricRange, Microwave, Refrigerator, Washer
Multi Family
Multi-Family Information
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
Unit 1
  • Unit Type Description: Other-See Remarks
  • Unit Type Type: TwoBedroom
Unit 2
  • Unit Type Description: Other-See Remarks
  • Unit Type Type: TwoBedroom
Unit 3
  • Unit Type Description: One Bath,Dishwasher,Fireplace,Furnished,Kitchen,Living Room,Microwave,Oven/Range Electric,Private Outside Entrance,Refrigerator,Washer/Dryer
  • Unit Type Type: OneBedroom
Unit 4
  • Unit Type Description: One Bath,Deck,Dishwasher,Fireplace,Furnished,Kitchen,Living Room,Microwave,Oven/Range Electric,Private Outside Entrance,Refrigerator
  • Unit Type Type: OneBedroom

Property History for 226-228 Beech Haven Road

DateEvent & SourcePriceAppreciation
Dec 2, 2025

Listed (Active)

High Country Association of REALTORS #259201

$1,175,000—
Nov 17, 2025

Listed (Active)

High Country Association of REALTORS #258672

$1,175,000—
May 15, 2018

Closed

High Country Association of REALTORS #206000

$292,500—
Apr 22, 2018

Under Contract-No Show

High Country Association of REALTORS #206000

—
Mar 5, 2018

Listed (Active)

High Country Association of REALTORS #206000

$375,000—
Dec 29, 2017

Withdrawn

High Country Association of REALTORS #201913

$375,000—
Jun 25, 2017

Listed (Active)

High Country Association of REALTORS #201913

$375,000—
DateEvent & SourcePrice
12/02/2025

Listed (Active)

High Country Association of REALTORS #259201

$1,175,000
11/17/2025

Listed (Active)

High Country Association of REALTORS #258672

$1,175,000
05/15/2018

Closed

High Country Association of REALTORS #206000

$292,500
04/22/2018

Under Contract-No Show

High Country Association of REALTORS #206000

—
03/05/2018

Listed (Active)

High Country Association of REALTORS #206000

$375,000
12/29/2017

Withdrawn

High Country Association of REALTORS #201913

$375,000
06/25/2017

Listed (Active)

High Country Association of REALTORS #201913

$375,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 226-228 Beech Haven Road

This home is within Avery County School District.
Rating
School
Type
Grades
Distance
Banner Elk Elementary School
Public - PK to 5
Cranberry Middle School
Public - 6 to 8
Avery County High School
Public - 9 to 12
Blue Ridge Academy
Public - 6 to 12
Rating
School
Distance
Banner Elk Elementary School
PublicPK to 5

Cranberry Middle School
Public6 to 8

Avery County High School
Public9 to 12

Blue Ridge Academy
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 226-228 Beech Haven Road, Banner Elk, NC 28604

226-228 Beech Haven Road is a multi-family home for sale in Banner Elk, NC 28604. This property was listed for sale on December 2, 2025 by Keller Williams High Country, it's currently listed at $1,175,000. It has been on the market for a total of 26 days and was last sold on May 15, 2018. This listing's school district is Avery County School District. Nearby schools include Banner Elk Elementary School, Cranberry Middle School and Avery County High School. 226-228 Beech Haven Road is a 3-bed, 3-bath, multi-family home built in 1936.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams High Country

Based on information from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.