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490 Old Turnpike Road, Banner Elk, NC 28604

$300,500
3
BD
2
BA
747
SqFt

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Sold Price
$300,500
List Price
$299,000
Days on Market
8
Closing Date
Oct 30, 2023
Status
CLOSED
Type
Single Family Residential
MLS#
246067
County
Avery
City
Banner Elk
Bedrooms
3
Full Bathrooms
2
Total Heated Sq/Ft
747
Abv/Grade Htd Sq/Ft
747
Acres
0.21
Year Built
1938
County Parcel Number
1849-00-80-5098-00000
Annual Taxes
$798
Deed Book/Page
530/1813
Latitude
36.161719
Longitude
-81.884261

Property Description

INVESTOR PROPERTY!!!! PRICED TO SELL AT $299K. CHARMING FARM HOUSE RENOVATED IN 2019 located in BANNER ELK!! This home is definitely a MUST SEE. It is just minutes from Lees McRae College, downtown Banner Elk, Beech Mountain and Sugar Mountain! Both LONG & SHORT terms rentals are permitted! The home has upper and lower units and are being used separately with separate entrances. The main home has a covered porch with swing that overlooks the flat front yard with plenty of parking. In the Upper unit there are 2 bedrooms & 1 full bath, family room, dining room & gorgeous kitchen that opens up to the rear screened in porch which overlooks the large flowing creek & fire pit area. There is also a 9 x 13 closet off the master bedroom. The lower level (currently rented) has 1 bedroom/1 full bath, living room, dining room & renovated kitchen. The lower unit is rented on a month to month basis for $1200 per month. The upstairs unit could rent for $1,300-$1,500 a month. The square footage listed is for the upper level only due to the lower unit having separate entry access. The tax records list the home as being 1418 sq.ft. total.

Additional Information

Exterior Amenities
Fire Pit
Interior Amenities
Second Kitchen
Appliances
Dishwasher, Electric Range, Gas Range, Gas Water Heater, Microwave Hood Fan, Microwave, Refrigerator
Basement
Exterior Entry, Finished, Walk-Out Access
Fireplace
None
Heating
Baseboard, Electric
Road
Paved
Roof
Metal
Elementary School
Banner Elk
High School
Avery County
Sewer/Septic
Public Sewer
Style
Cottage, Farmhouse
Water Source
Public
Construction Type
Wood Siding, Wood Frame
Cooling
Yes
Cooling Type
Other, See Remarks, Wall/Window Unit(s)
Foundation
Basement
Levels
Two
Road Maintenance Type
Public Maintained Road
Road Surface Type
Paved
Parking Features
No Garage
Utilities
Cable Available, High Speed Internet Available

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This Listing is courtesy of Karen Cleghorn with Blue Ridge Realty & Inv. - Banner Elk. 828-737-3100

The information from this search is provided by the High 'Country Multiple Listing Service. Please be aware that not all listings produced from this search will be of this real estate company. All information is deemed reliable, but not guaranteed. Please verify all property information before entering into a purchase.”