Active
1 bed499 sqft

40 Hemlock Hill Rd, Unit A, Banner Elk, NC 28604

CondoProperty Type
1983Year Built
$381/sq ftPrice per sq ft
$222/moHOA Fees

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...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 lifestyle—or generating rental income—from 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 residence—ideal 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 offer—at a price point that's becoming increasingly hard to find.
66 days on Market
  • Listed by: Jessica Auten • Premier Sotheby's International Realty- Banner Elk 828-406-2937
Last updated: 08/12/2026 09:46 AM • Source: High Country Association of REALTORS, MLS#: 263537
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Location

Listing Courtesy of Premier Sotheby's International Realty- Banner Elk
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Payment Calculator

$1,271 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,014

Property Taxes

$35

HOA Dues

$222

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Property Information for 40 Hemlock Hill Road, Unit A

Property Details

  • Taxes: $425 / year
  • MLS Type: Residential / Condominium
  • County: Avery County
  • Architectural Style: AFrame, ChaletAlpine
  • Parking Features: Driveway, NoGarage, Paved, Private
  • Subdivision Name: Ski Country
  • Zoning Description: Residential

Building Information

  • Building/Complex: 40 Hemlock Hill Rd
  • Stories: 2
  • Year Built: 1983

Summary

Location and General Information
  • Directions: HWY 184 toward Banner Elk. Pass Sugar Mountain entrance to the right at Ski Country then turn left onto Hemlock Hill to condo building on the right. Unit is upstairs, on the left, door is on the right (see unit A)
  • Road Surface Type: Paved
  • Postal Code: 28604
  • Road Frontage Type: PrivateRoad
  • MLS Area Major: 8-Banner Elk
Taxes and HOA Information
  • Parcel Number: 1858-20-91-2012-00007-01
  • Association Fee: $222.00
  • Association Fee Frequency: Monthly
  • Association Name: Ski Country
  • Association: Yes
  • Tax Annual Amount: $425
  • Tax Book Number: 669/672
  • Tax Legal Description: SKI CO BUILD 7 UNIT B PLAT 18-117
School Information
  • Elementary School: Banner Elk
  • High School: Avery County
Parking
  • Garage: No

Property

Lot Information
  • Above Grade Finished Area: 499.0
  • Below Grade Finished Area: 0.0
  • Lot Size Acres: 0.0
  • Lot Size Area: 0.0
  • Lot Size Units: Acres
  • Living Area: 499.0
Property and Assessments
  • Year Built: 1983
  • Human Modified: Yes
Utilities
  • Sewer: PublicSewer
  • Utilities: CableAvailable
  • Water Source: Public

Interior and Exterior Features

Exterior Features
  • Exterior Features: PavedDriveway
  • Community Features: LongTermRentalAllowed, ShortTermRentalAllowed
  • Construction Materials: WoodSiding, WoodFrame
  • Roof: Asphalt, Shingle
Interior Features
  • Levels: Two
  • Stories: 2
  • Stories Total: 2
  • Basement: No
  • Basement: None
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 1
  • Cooling: Yes
  • Cooling: WallWindowUnits
  • Heating: Yes
  • Heating: Baseboard, Electric
  • Furnished: Furnished
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Fireplace Features: One, WoodBurning
  • Appliances: ElectricRange, ElectricWaterHeater
  • Interior Features: Furnished, WindowTreatments
  • Window Features: WindowTreatments

Property History for 40 Hemlock Hill Road, Unit A

DateEvent & SourcePriceAppreciation
Aug 3, 2026

Listed (Active)

High Country Association of REALTORS #263537

$189,900—
Jul 28, 2026

Withdrawn

High Country Association of REALTORS #261683

$189,900—
May 18, 2026

Listed (Active)

High Country Association of REALTORS #261683

$189,900—
DateEvent & SourcePrice
08/03/2026

Listed (Active)

High Country Association of REALTORS #263537

$189,900
07/28/2026

Withdrawn

High Country Association of REALTORS #261683

$189,900
05/18/2026

Listed (Active)

High Country Association of REALTORS #261683

$189,900

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

Public records

40 Hemlock Hill Road, Unit A

Baths

1

Total Finished SqFt

560 SqFt

Above Grade Finished SqFt

560 SqFt

Stories

1

Lot Size

200,832 SqFt

Style

Miscellaneous

Schools near 40 Hemlock Hill Road, Unit A

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

Avery Middle
Public6 to 8

Avery County High School
Public9 to 12

Avery County High School STEM Academy
Public9 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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40 Hemlock Hill Road, Unit A is a condo for sale in Banner Elk, NC 28604. This property was listed for sale on August 3, 2026 by Premier Sotheby's International Realty- Banner Elk, it's currently listed at $189,900. It has been on the market for a total of 66 days and was last sold on January 25, 2019. This listing's school district is Avery County School District. Nearby schools include Banner Elk Elementary School, Avery Middle and Avery County High School. 40 Hemlock Hill Road, Unit A is a 1-bed, 1-bath, 499 sqft condo built in 1983.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Premier Sotheby's International Realty- Banner Elk

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.