8 Elk Hill Drive, Unit 4 6 7

Banner Elk, NC 28604

$945,000
Price
8
Beds
4
Baths
2,688 Sq. Ft.
$352 / Sq. Ft.
2,688
Sq. Ft.
$352
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.
  1. Listed by Nate Wright • Hyatt in the High Country Real • nate@hyattinthehighcountry.com

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

View
Mountain(s)
Parking Features
Parking Lot

Location

Listing Courtesy of Hyatt in the High Country Real
Add your commute
LISTING UPDATED: 04/23/2024 02:10 PM

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

StatusActive
MLS #4131331
Days on Market16
Taxes-
HOA Fees$600 / year
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1983
Lot Size0.00 AC / 0 SF
CountyAvery County

Location

Listing Courtesy of Hyatt in the High Country Real
Add your commute

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

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

Payment Calculator

$5,207 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,157

Property Taxes

HOA Dues

$50

The Payment Calculator is for illustrative purposes only.

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

Summary
Location and General Information
  • Longitude: -81.8595086
  • Latitude: 36.1458327
  • 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.
Taxes and HOA Information
  • HOA Subject To: Required
  • HOA Subject To Dues: Mandatory
  • Tax Assessed Value: $348,400.00
  • Parcel Number: 1858005461820004,0006,0007,0008
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: Unspecified
  • High School: Avery County
  • Elementary School: Banner Elk
Parking
  • Open Parking: No
  • Carport: No
  • Garage: No
  • Main Level Garage: No
Property
Lot Information
  • Elevation: 3500
  • Above Grade Finished Area: 2688.0
  • Below Grade Finished Area: 0.0
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • Geocode Confidence: High
  • New Construction: No
  • Photos Count: 48
  • Road Responsibility: Private Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community: No
Green Features
  • Green Verification Count: 0
Utilities
  • Sewer: Public Sewer
  • Water Source: Shared Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood
  • Road Surface Type: Gravel
Interior Features
  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Cooling: Ductless, Other - See Remarks
  • Heating: Baseboard, Ductless
  • Laundry Features: Common Area, In Unit, Other - See Remarks
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Basement: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Rental
Rent Information
  • Tenant Pays: Other
  • Pets Allowed: Yes

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

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 8 Elk Hill Drive, Unit 4 6 7

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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8 Elk Hill Drive, Unit 4 6 7 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 Real, 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. 8 Elk Hill Drive, Unit 4 6 7 is a 8-bed, 4-bath, 2,688 sqft 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 Real

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.