$599,000

10545 Nc Highway 105 S Unit 2 Banner Elk, NC 28604

Estimated payment $3,373/month

Total Views 228
-- Bed
-- Bath
11,600 Sq Ft
$52 Price per Sq Ft

Highlights

  • River Front
  • Mountain View
  • Attic
  • Valle Crucis Elementary School Rated A-
  • Mountain Architecture
  • 1-minute walk to Foscoe Grandfather Community Center

About This Home

GREAT OPPORTUNITY to own your own building & business with rental income from apartments above. 11,000+ square feet!!! NEW ROOF IS ON!! 2 three bedroom apartments. Large retail space on ground floor with offices and loading area. Can be split up into separate units or possibly finished out as apartments as well. +/-5,500 square feet of retail/office space. Two large3 bedroom/2 bath apartments upstairs. Open storage space and another apartment upstairs as well. This well located property housed a retail business that had thrived for many years. Next to former Grandview Restaurant (now Blue Ridge Cantina) with high traffic and visibility on busy Hwy 105. THE HIGH COUNTRY IS BOOMING AND PROPERTIES LIKE THESE ARE LIMITED. Rare opportunity to have a commercial building on heavily traveled Hwy 105 and two large apartment rentals. Septic system needs to be verified for Buyers potential use.

Listing Agent

Ron Kent

EXP Realty LLC Brokerage Phone: (561) 271-6853 Listed on: 12/06/2025

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,667

Year Built

  • Built in 1979

Lot Details

  • 0.69 Acre Lot
  • River Front

Parking

  • Shared Driveway

Home Design

  • Mountain Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 11,600 Sq Ft Home
  • Living Quarters
  • 2 Fireplaces
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Mountain Views
  • Attic

Kitchen

  • Electric Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Propane
  • Shared Well
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1878-53-0865-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,667

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.69
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Architectural Style: Mountain
  • Year Built: 1979
  • Property Sub Type Additional: Multi Family,Other
  • Attribution Contact: (561) 271-6853
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Owner Pays: Water
  • Fireplace Features: Two, Gas, Vented, Propane
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Attic
  • Window Features: Double Pane Windows

Exterior Features

  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: River Front
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Slab
  • Other Structures: Living Quarters
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Shared Driveway

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Propane
  • Heating Yn: Yes
  • Sewer: Private Sewer, Septic Permit Unavailable
  • Utilities: Electricity Available, Cable Available, High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1878-53-0865-000

Multi Family

  • Number Of Units In Community: 2

Tax Info

  • Tax Annual Amount: 2667.07
  • Tax Book Number: 241/488

Map

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,292 $838,700 $105,200 $733,500
2024 $3,292 $838,700 $105,200 $733,500
2023 $3,246 $838,700 $105,200 $733,500
2022 $3,246 $838,700 $105,200 $733,500
2021 $3,238 $679,400 $187,900 $491,500
2020 $3,238 $679,400 $187,900 $491,500
2019 $3,238 $679,400 $187,900 $491,500
2018 $2,898 $679,400 $187,900 $491,500
2017 $2,898 $679,400 $187,900 $491,500
2013 -- $597,000 $112,700 $484,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2025 12/06/25 For Sale $599,000 -- $52 / Sq Ft
Source: High Country Association of REALTORS®

Source: High Country Association of REALTORS®

MLS Number: 259294

High Country Association of REALTORS®

APN: 1878-53-0865-000