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Introducing a charming condo complex featuring six beautifully remodeled units, each with breathtaking views set in a serene wooded area. The first unit includes an ADU, great for additional living space or rental income. Enjoy the tranquility of this quiet community, enhanced by the soothing sounds of a nearby creek. With a spacious parking lot, there is ample room for residents and guests. Experience the perfect blend of modern comfort and natural beauty in this peaceful retreat. Units are being sold furnished, and are under professional management, which will be available to the next owner as well. The building currently operates as a short term rental and grossed 231k in 2023 excluding the 1/1 ADU from last years numbers. There is only room to improve on this one, so don't miss the opportunity to make these units your next investment!
| DAYS ON MARKET | 140 | LAST UPDATED | 8/23/2024 |
|---|---|---|---|
| TRACT | Adams Apple | YEAR BUILT | 1981 |
| COMMUNITY | 8-Banner Elk | COUNTY | Avery |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| Elementary School | Banner Elk |
|---|---|
| High School | Avery County |
| PRICE HISTORY | |
| Prior to Aug 23, '24 | $2,050,000 |
|---|---|
| Aug 23, '24 - Today | $1,949,999 |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Electric Cooktop, Electric Range, Microwave, Refrigerator, Washer |
| AREA | 8-Banner Elk |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Wood Siding |
| HEAT | Baseboard, Electric |
| HOA DUES | 200 |
| LOT | 0.26 acre(s) |
| PARKING | Asphalt, Driveway |
| STORIES | 2 |
| STYLE | Traditional |
| SUBDIVISION | Adams Apple |
| TAXES | 675400 |
| WATER | Shared Well |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Justin Lawrence, EXP REALTY OF NORTHWEST NC, (405) 213-4651
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