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Banner Elk, NC Multifamily Homes & Duplexes for Sale

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  • /47

    $1,149,000

    • 3,302 Sq Ft

    270 Elk Hill Dr, Banner Elk, NC 28604

    Beautiful 4PLEX w/BIG VIEWS of Banner Elk, Sugar Mountain and Beech Mountain! High Vaulted Ceilings, 2 Fireplaces. Upper 2 Units Sold Furnished minus seller exclusions: some Artwork, Decor & Personal Belongings. Two 2 Bedroom 2 Bathroom Units with an Efficiency Apt below each for 4 Units total. Perfect for Full-Time, Part-Time, In-laws, Guests, Short Term or Long-Term Rentals. Each unit has been

    Linda Cramblit Blue Ridge Realty & Inv. - Banner Elk

    270 Elk Hill Dr, Banner Elk, NC 28604
  • /48

    $845,000

    • 2,000 Sq Ft

    2730 Tynecastle Hwy, Banner Elk, NC 28604

    Well-positioned quad-plex in the heart of the High Country with ski slope views! This well maintained, multi-unit property offers four separate rental units with an unfinished heated and insulated basement that can be used for storage, or turned into two additional rentals. Property is located just minutes from Banner Elk’s restaurants, shopping, and outdoor recreation. Each unit offers its own

    Amy Labarre Blue Ridge Brokerage

    2730 Tynecastle Hwy, Banner Elk, NC 28604
  • /32

    $599,000

    • 3 Beds
    • 2 Baths
    • 1,425 Sq Ft

    109 Beechwood Ln, Banner Elk, NC 28604

    Discover this charming duplex on Beech Mountain, perfect for a mountain getaway. Just a short ride from the ski resort, this cozy home features a recent kitchen update with modern appliances, fresh flooring, and a spacious layout. The first floor includes an extra room converted into a bedroom, offering flexible space for guests or family. Fully finished and move-in ready, the duplex is currently

    Brad Melang 5 Points Realty

    109 Beechwood Ln, Banner Elk, NC 28604

Why Live in Banner Elk

Banner Elk is a picturesque retreat nestled into the natural landscape of North Carolina’s High Country. “It has a pastoral, mountain feel, with shops and restaurants,” says Nate Wright of Hyatt in the High Country, who has sold several homes in the community. “It has a low-key, laid-back lifestyle. Another big draw is proximity to outdoor recreation.” This mountain town is home to about 1,300 full-time residents, but the population swells and the pace of activity picks up during the summer and winter seasons. Popular destinations include a lakefront beach, a state park with scenic views and two ski resorts. Banner Elk is also known for its downtown dining scene and the Woolly Worm Festival, the High Country equivalent of Groundhog Day. The community has a variety of single-family options, which can be used as primary residences or second homes. “You have everything from traditional suburban homes for full-time living to winter cabins – and a lot of luxury homes. Luxury condos and townhouses, too,” Wright says. “There is a veritable mix.” Most homes are multi-level designs on spacious lots with mountain views. The oldest homes date to the late 19th and early 20th centuries and can

Home Trends in Banner Elk, NC

Housing Trends

Median Sale Price
$594,250
Median Single Family Sale Price
$499,000
Median Townhouse Sale Price
$410,000
Median 2 Bedroom Sale Price
$242,000
Median 1 Bedroom Sale Price
$179,900
Average Price Per Sq Ft
$429
Number of Homes for Sale
259
Last 12 months Home Sales
208
Months of Supply
14.90
Median List Price
$475,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
8%
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