218 Elk Hill Drive, Unit 4 6 7 8

Banner Elk, NC 28604

$945,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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.
...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 in the future. This development of 8 units has been
carefully maintained and cared for. There is a community laundry on the
property for renters’ convenience. This is a quiet neighborhood and perfect
setting for renters. These units stay rented. Long term rental accepted, short term rental could be a possibility in the future. This development of 8 units has been carefully maintained and cared for. There is a community laundry on the property for renters convenience. Quiet neighborhood and perfect setting for renters.
  1. Listed by Marjorie Hyatt • Hyatt In The High Country, Inc. • (828) 268-9901
  2. Listed by Nate Wright • Hyatt In The High Country, Inc.

Property Details for 218 Elk Hill Drive, Unit 4 6 7 8

Architectural Style
Mountain
Parking Features
SharedDriveway
View
Yes
Subdivision Name
None
View
Mountains, SeasonalView

Location

Listing Courtesy of Hyatt In The High Country, Inc.
Add your commute
LISTING UPDATED: 04/23/2024 02:10 PM

Property Details for 218 Elk Hill Drive, Unit 4 6 7 8

StatusActive
MLS #249147
Days on Market13
Taxes$1,394 / year
HOA Fees$600 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1983
Lot Size0.00 AC / 0 SF
CountyAvery County

Location

Listing Courtesy of Hyatt In The High Country, Inc.
Add your commute

Building Information for 218 Elk Hill Drive, Unit 4 6 7 8

Stories-Residences4Year Built1983Building Size-Lot Size0.00 AC / 0 SF

Payment Calculator

$5,873 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,157

Property Taxes

$116

HOA Dues

$600

The Payment Calculator is for illustrative purposes only.

Property Information for 218 Elk Hill Drive, Unit 4 6 7 8

Summary
Location and General Information
  • 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.
  • Road Surface Type: Gravel
  • Postal Code: 28604
  • Road Frontage Type: PrivateRoad
  • MLS Area Major: 8-Banner Elk
  • MLS Area Minor: Banner Elk
Taxes and HOA Information
  • Parcel Number: 1858005461820004,0006,0007,0008
  • Association Fee: $600.00
  • Association Fee Frequency: Monthly
  • Association Name: Elk Hill Condo Owners Assoc
  • Association: Yes
  • Tax Annual Amount: $1,394
  • Tax Book Number: 483/2222
School Information
  • Elementary School: Banner Elk
  • High School: Avery County
Property
Lot Information
  • Lot Size Acres: 0.0
  • Lot Size Area: 0.0
  • Lot Size Units: Acres
Property and Assessments
  • Year Built: 1983
  • Documents Available: Disclosures, HOADocuments, RentRolls
  • Human Modified: Yes
Utilities
  • Sewer: PublicSewer
  • Utilities: SeparateMeters, HighSpeedInternetAvailable
  • Water Source: SharedWell
Interior and Exterior Features
Exterior Features
  • Community Features: LongTermRentalAllowed
  • Construction Materials: Cedar, WoodSiding, WoodFrame
  • Roof: Architectural, Shingle
Interior Features
  • Basement: CrawlSpace
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total: 0
  • Bedrooms Total: 0
  • Cooling: Yes
  • Cooling: Electric
  • Heating: Yes
  • Heating: Baseboard, Electric, Fireplaces
  • Fireplace: Yes
  • Fireplace Features: Gas, Stone, Vented, Propane
  • Appliances: Dryer, Dishwasher, ElectricRange, Disposal, Refrigerator, Washer
  • Window Features: DoubleHung, Screens, WoodFrames
Multi Family
Multi-Family Information
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
Unit 1
  • Unit Type Description: One Bath,Deck,Fireplace,Kitchen,Living Room,Oven/Range Electric,Private Outside Entrance,Refrigerator
  • Unit Type Type: Item2Bedroom
Unit 2
  • Unit Type Description: One Bath,Deck,Dishwasher,Fireplace,Kitchen,Living Room,Oven/Range Electric,Parking Lot,Private Outside Entrance,Refrigerator,Washer/Dryer
  • Unit Type Type: Item2Bedroom
Unit 3
  • Unit Type Description: One Bath,Deck,Dishwasher,Fireplace,Kitchen,Living Room,Oven/Range Electric,Parking Lot,Private Outside Entrance,Refrigerator,Washer/Dryer
  • Unit Type Type: Item2Bedroom
Unit 4
  • Unit Type Description: One Bath,Deck,Dishwasher,Fireplace,Garbage Disposal,Kitchen,Living Room,Oven/Range Electric,Parking Lot,Private Outside Entrance,Refrigerator,Washer/Dryer,Other-See Remarks
  • Unit Type Type: Item2Bedroom
Rental
Rental Information
  • Lease Amount Frequency: Monthly

Property History for 218 Elk Hill Drive, Unit 4 6 7 8

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 218 Elk Hill Drive, Unit 4 6 7 8

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

Avery Middle
Public6 to 8

Blue Ridge Academy
Public6 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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218 Elk Hill Drive, Unit 4 6 7 8 is a multi-family home for sale in Banner Elk, NC 28604. This property was listed for sale on April 19, 2024 by Hyatt In The High Country, Inc., it's currently listed at $945,000. This listing's school district is Avery County School District. Nearby schools include Banner Elk Elementary School, Avery Middle and Blue Ridge Academy. 218 Elk Hill Drive, Unit 4 6 7 8 is a 0-bed, 0-bath, multi-family home built in 1983.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hyatt In The High Country, Inc.

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.