173 Old Turnpike NW Road Banner Elk, NC 28604
Listing Courtesy of: HIGH COUNTRY NC / Client First Of The High Country - Contact:  (704) 287-2760

  173 Old Turnpike NW Road Banner Elk, NC 28604

Active (-1 Days)
$415,000 (USD)
5
BED
3
BATH
2,500
SQFT

Description

Rare Opportunity!! Only listing like this in downtown Banner Elk; Set up as a duplex (but could be used as a single family with a rental income apartment (just rented both units for total $3000/month through 11/26), or with the stairs from the main level down to the workshop/garage, it could easily be finished out as a 5/3 home with an extra living/kitchen below) that is walking distance to town!!! It's very rare for any multi-family to come on the market in Downtown Banner Elk on city water/sewer/maintained-paved roads, and this investment has been a great asset for 11 years to the current owner. Easily accessible with paved driveway, and fully remodeled when purchased, including metal roof, paint, new kitchens, new baths, new plumbing, new windows, lvp flooring, etc, the duplex features a 2/1 below, and a 3/2 above, with separate entrances/decks. The basement features a 1-car garage and large workshop area (this is set up to be assessed by either unit, depending on which wants to include it in their lease). There is a small flat yard around the lower unit. Old Turnpike runs next to a noisy creek, and is a quiet, flat street that is great for walking. In past tenants pay all utilities 50/50 between the units; with power on 1 meter. Upper and lower both rented to construction crew on 1 lease at a discount (3k/month) through Nov. Each could be rented for $2000/ up and $1200 down per month.

MLS #:
261893
Taxes
$1,255
Lot Size
0.26 acres
Type
Single-Family Home
Year Built
1984
Style
Traditional, Cottage
Views
Mountain(s), Pasture
County
Avery County

Listed By

Benjamin Ray, Client First Of The High Country, Contact: (704) 287-2760
Source
HIGH COUNTRY NC
Last checked May 13 2026 at 9:43 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 3
Interior Features
  • Dryer
  • Dishwasher
  • Refrigerator
  • Washer
  • Microwave
  • Windows: Double Pane Windows
  • Exhaust Fan
  • Laundry: Main Level
  • Laundry: Upper Level
  • Electric Range
  • Electric Water Heater
Property Features
  • Foundation: Basement
Heating and Cooling
  • Electric
  • Baseboard
  • Wall/Window Unit(s)
Basement Information
  • Finished
  • Walk-Out Access
  • Partially Finished
Exterior Features
  • Roof: Metal
Utility Information
  • Utilities: Cable Available, High Speed Internet Available, Water Source: Public
  • Sewer: Public Sewer
School Information
  • Elementary School: Banner Elk
  • High School: Avery County
Parking
  • Driveway
  • One Car Garage
  • Garage
  • Asphalt
  • Shared Driveway
  • Paved
Stories
  • 2
Living Area
  • 1,875 sqft
Additional Information: Client First Of The High Country | (704) 287-2760
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Disclaimer: Copyright 2026 High Country MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/13/26 02:43