10545 Nc Highway 105 S Unit 2 Banner Elk, NC 28604
Estimated payment $3,373/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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®
MLS Number: 259294
APN: 1878-53-0865-000
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