Banner Elk NC Real Estate &

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Beds:
8
Baths:
4.00
Sq.Ft.:
2,688
Status:
Active
MLS#:
4131331
Type:
Apartment
Year built:
1983
Courtesy: Hyatt In The High Country Real Nate Wright 828-457-5104
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ADDITIONAL INFORMATION

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.

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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 Real Estate

Banner Elk is located in North Carolina. Banner Elk, North Carolina has a population of 1,350. Banner Elk is less family-centric than the surrounding county with 10.75% of the households containing married families with children. The county average for households married with children is 23.97%.

The median household income in Banner Elk, North Carolina is $58,333. The median household income for the surrounding county is $46,383 compared to the national median of $69,021. The median age of people living in Banner Elk is 21.5 years.

Banner Elk Weather

The average high temperature in July is 74.5 degrees, with an average low temperature in January of 19.7 degrees. The average rainfall is approximately 55 inches per year, with 41.5 inches of snow per year.

Banner Elk Map

Banner Elk Real Estate Market Conditions

  • Median sales price

    $730,000
    24%
    change since last quarter
  • # Active listings

    370
    30-day change

Banner Elk Schools and Demographics

Education near Banner Elk, NC

City County
High School Graduates 99.59 86.11
College Degree - 2 year 8.26 9.28
College Degree - 4 year 52.89 23.88
Graduate Degree 20.46 6.39
Expenditures per Student 17,798 17,798
Students per Teacher 12.2 12.2

Elementary Schools near Banner Elk, NC

Grades Students P/T Ratio ZIP
Banner Elk Elementary School PK - 05 173 12.8 28604
Bethel Elementary School KG - 08 172 10.5 28679
Blowing Rock Elementary School KG - 08 338 11.8 28605
Cove Creek Elementary School KG - 08 287 10.9 28692
Freedom Trail Elementary School PK - 05 228 13.4 28622
Valle Crucis Elementary School PK - 08 356 12.7 28679

Middle Schools near Banner Elk, NC

Grades Students P/T Ratio ZIP
Cranberry Middle School 06 - 08 216 13.4 28622

Ungraded Schools near Banner Elk, NC

Grades Students P/T Ratio ZIP
Grandfather Academy 01 - 12 23 3.7 28604

Demographics near Banner Elk, NC

City County
Neighborhood Type Small Town
Population 1,350 17,747
Population Density 706 72
Median Age 21.5 45.5
People per Household 1.8 2.3
Median Household Income 58,333 46,383
Average Income per Capita 33,233 25,647

Real estate near Banner Elk