Move to the mountains and have your own business and personal housing under one roof. This "hybrid" property has both commercial and residential zoning. An exceptional live/work property with a 1300 sq. ft. apartment (2 bedrooms/1 bath) to live in while operating your business in the remaining portion. This property was previously home to the Beech Haven Restaurant for 20 years and was the most popular restaurant in town. Completely renovated down to the studs in 2015 to be used as an upscale hostel, this property can sleep 16+ on the commercial side plus 4 in the apartment. Has been end-user/owner-occupied since 2014 as a Realty office and private residence. It is move-in ready for dorm-style employee housing/group home/hostel (sleeps a minimum of 20 people) or there are many other uses such as a construction office, taproom, restaurant, coffee shop/tearoom, retail/office space; just use your imagination! Downstairs includes a shower room featuring 3 private showers and a double vanity, plus there are two 1/2 bathrooms. The large parking lot will accommodate a food truck, enhancing a coffee shop or pub/taproom. Fenced-in dumpster and 4'x8' grease trap are in place; the grease trap can be reconnected for a commercial kitchen. 192 feet of road frontage on Beech Mountain Parkway and all vehicles traveling to and from Beech Mountain pass by this property. Plenty of beautifully landscaped outdoor space and located only 1/2 mile from downtown Banner Elk. City water/sewer and natural gas with a tankless gas hot-water heater. There is flat land on the property for a vegetable garden or build an additional building/structure/garage of approximately 16'x40'. The property has a special use permit for residential use and is commercially zoned as C2, also listed as a residential property (see MLS #247900). There are very few commercial properties for sale in Banner Elk and this is one-of-a-kind. Owner will consider a lease.
Don't miss this captivating 5-cabin property on 9 acres, including 6 undeveloped acres on the ridge, centrally located between Boone and Banner Elk. The property boasted strong rental income in 2022 & 2023— and its new, boutique STR management program offers passive ownership with a high-ROI venture from day one and room to grow! One studio cabin, one 1BD/1BA cabin, two 2BD/1BA cabins, and a deluxe 2BD/2BA cabin—all within a 1/2 mile to the iconic Mast General Store & Valle Crucis Park. Lighted pathways will guide your guests to the neighboring inn for delightful evenings of fine dining and live music. Flexible and spacious for family reunions, corporate retreats, event stays, or individual vacation rentals. Current 6 BR septic and well permits for the undeveloped ridge. Utilize the roughed-in drive and available build sites for your dream residence or explore further revenue growth with additional cabin builds, amenities, or event space. Come see this fantastic property today!
Discover the epitome of modern with rustic vibes living in this upgraded mountain home. This turn key vacation rental is located just across the street from the Sugar Mountain entrance and 10 minutes to down town Banner Elk, this idyllic property offers an unrivaled blend of convenience & charm. Boasting three bedrooms and four bathrooms, it provides a tranquil haven for relaxation after a full day on the ski slopes. Close to local eateries, golfing, fishing, shopping, and endless hiking opportunities. Immerse yourself in the beauty of the majestic mountain views from your new fenced in yard complete with a stone patio, two fire pit areas, and an six person hot tub. Inside the impeccable wood floors and accents flow seamlessly throughout each room that provides a warm, cabin feel. A grand family room to cozy up to on a cool night, with a spacious kitchen that highlights premium stainless-steel appliances including a 6-gas range burner. Ample seating in the dining room allowing plenty of room for cooking and entertaining. The three bedrooms are spacious and can sleep up to 10 guests with updated bathrooms highlighting step in showers and one with a soaking tub. The primary bedroom has been updated with an ensuite bathroom. The bunk room offers a great space for extra sleeping or a game of cards and shuffle board. Offered fully furnished with just a few exclusions schedule a showing and discover all this home has to offer! The homes updates include a new roof and windows, encapsulated crawl space with a dehumidifier, gutters and downspouts, five mini-split HVAC units, and flooring.
Don't miss this enchanting 5-cabin property on 9 acres, including 6 acres of untapped potential on the ridge, located in a prime Banner Elk location in Watauga County. Offering excellent advertising opportunities in both Watauga - Boone, Blowing Rock - and Avery - Banner Elk, Sugar Mountain, Beech Mountain - counties, this property boasts a custom website and a central location that is convenient to numerous local attractions and towns. Adjacent to a renowned historic inn, the property boasted strong rental income in 2022 & 2023—and its new, boutique rental program offers passive ownership with a high-ROI venture from day one and room to grow. The heart of the Valle Crucis Historic District hosts these five captivating cabins with a central green space, currently used as a community dog park, and multiple other fenced areas for possible further development. Find one studio cabin, one 1 bedroom/1 bath cabin, two 2 bedroom/1 bath cabins, and a luxurious 2 bedroom/2 baths cabin—all within a 1/2 mile to the iconic Mast General Store Annex & Valle Crucis Park. Look forward to lighted pathways guiding your guests to the neighboring inn for delightful evenings of delectable dining and live music. Flexible and spacious for family reunions, corporate retreats, event stays, or individual vacation rentals and potential for further commercial or residential expansion to be built above - capitalize on this incredible investment opportunity now! Envision the possibilities with BUILDABLE 6 acres complete with a 6 BR septic permit and well permit. Build your dream single-family residence or multiple cabins along the ridge, while taking advantage of a roughed-in road and available building sites. Explore further revenue growth with additional cabin builds, added amenities, or event spaces! Enjoy an established revenue stream as you embark on a successful journey with this picturesque oasis in the heart of the High Country. Come see this fantastic property today!
GREAT OPPORTUNITY to own your own building & business with rental income from apartments above. 11,000+ square feet!!! 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. 2 -3 bedroom/2 bath apartments upstairs. Open storage space and another apartment upstairs as well. This well located property houses a retail business that has thrived for many years. Next to Grandview Restaurant with high traffic and visibility on busy Hwy 105. THE HIGH COUNTRY IS BOOMING AND PROPERTIES LIKE THESE ARE LIMITED.
Andrea Conner, License #298336, Xome Inc., License #C24582, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Banner Elk is located in North Carolina. Banner Elk, North Carolina has a population of 1,451. Banner Elk is more family-centric than the surrounding county with 23.5% of the households containing married families with children. The county average for households married with children is 23.37%.
The median household income in Banner Elk, North Carolina is $53,750. The median household income for the surrounding county is $37,109 compared to the national median of $57,652. The median age of people living in Banner Elk is 21.6 years.
The average high temperature in July is 77 degrees, with an average low temperature in January of 19.5 degrees. The average rainfall is approximately 51.5 inches per year, with 38.7 inches of snow per year.
