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    Banner Elk, NC Residential Income Properties for Sale

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    Banner Elk Multi-Family Investment Opportunity
    $1,175,000
    0.48 Acres

    Banner Elk Multi-Family Investment Opportunity

    226 Beech Haven Rd, Banner Elk, NC 28604

    Four rentable units with income potential near Beech Mountain.

    • High income potential: Projected to gross over $200k annually once all 4 units are complete, with one unit already earning $50k in its first year.
    • Partially Cash‑Flowing Investment: Two units are already renovated and generating income as luxury short‑term rentals.
    • Prime Location: Situated between Beech Mountain and downtown Banner Elk, near Lees McRae College, enhancing guest appeal.
    • Value‑Add Opportunity: Two units are gutted, allowing the new owner to customize and scale the property to its full potential.
    • Major Renovations Completed: Significant upgrades to the roof, windows, and core infrastructure have already been addressed.
    Updated: Dec 2, 2025
    View details
    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 1 Active listings in Banner Elk, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Furnished Condo with Mountain Views
    $216,000
    988 SF

    Furnished Condo with Mountain Views

    Fully furnished 2-bedroom condo with ski slope views and resort amenities.

    301 Pinnacle Inn Rd, Beech Mountain, NC 28604
    View details
    Beech Mountain Multifamily Investment
    $449,000
    0.61 Acres

    Beech Mountain Multifamily Investment

    Two renovated units near Ski Beech with vacation rental potential.

    104 Hornbeam Rd, Beech Mountain, NC 28604
    View details
    Newland Retail Opportunity For Sale
    $765,000

    Newland Retail Opportunity For Sale

    Retail property with established business and residential income potential.

    417 Cranberry St, Newland, NC 28657
    View details
    Newland Retail Opportunity with Frontage
    $765,000

    Newland Retail Opportunity with Frontage

    In-town Newland property with road frontage and development potential.

    417 Cranberry St, Newland, NC 28657
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Undeveloped Land on Beech Mountain
    $75,000
    11.74 Acres

    Undeveloped Land on Beech Mountain

    Almost 12 acres of secluded land with building spots.

    Red Clover Rd, Banner Elk, NC 28604
    View details
    Mountain Top Resort Development Land
    $11,500,000
    241.00 Acres

    Mountain Top Resort Development Land

    241+/- acre mountain top ideal for resort development.

    Dobbin Rd, Banner Elk, NC 28604
    View details

    Explore Off-Market Properties in Banner Elk, NC

    Consider similar Off-Market properties in Banner Elk, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    143 Pond Crk Rd

    143 Pond Crk Rd

    APARTMENT HOUSE (5+ UNITS) • 126 SF
    Value Estimation
    $390,000
    143 Pond Crk Rd, Banner Elk, NC 28604
    View details
    10894 Nc Hwy 105th S

    10894 Nc Hwy 105th S

    APARTMENT HOUSE (5+ UNITS) • 2,652 SF
    Value Estimation
    $510,000
    10894 Nc Hwy 105th S, Banner Elk, NC 28604-8658
    View details
    9115 Nc Hwy 105th S

    9115 Nc Hwy 105th S

    APARTMENT HOUSE (5+ UNITS) • 4,281 SF
    Value Estimation
    $445,000
    9115 Nc Hwy 105th S, Banner Elk, NC 28604-8903
    View details
    9392 Nc Hwy 105th S

    9392 Nc Hwy 105th S

    APARTMENT HOUSE (5+ UNITS) • 2,040 SF
    Value Estimation by Request
    9392 Nc Hwy 105th S, Banner Elk, NC 28604-6630
    View details
    9311 Nc Hwy 105th S

    9311 Nc Hwy 105th S

    APARTMENT HOUSE (5+ UNITS) • 735 SF
    Value Estimation
    $430,000
    9311 Nc Hwy 105th S, Banner Elk, NC 28604-6628
    View details
    6680 Hickory Nut Gap Rd

    6680 Hickory Nut Gap Rd

    GARDEN APT, COURT APT (5+ UNITS) • 1,488 SF
    Value Estimation
    $360,000
    6680 Hickory Nut Gap Rd, Banner Elk, NC 28604-6769
    View details
    195 Beech Hvn Rd

    195 Beech Hvn Rd

    GARDEN APT, COURT APT (5+ UNITS) • 4,392 SF
    Value Estimation
    $390,000
    195 Beech Hvn Rd, Banner Elk, NC 28604-8260
    View details
    154 Villa Casa Ave

    154 Villa Casa Ave

    GARDEN APT, COURT APT (5+ UNITS) • 5,224 SF
    Value Estimation
    $350,000
    154 Villa Casa Ave, Banner Elk, NC 28604-6308
    View details
    95 Eagle Park Cir

    95 Eagle Park Cir

    CAMPGROUND, RV PARK • 247 SF
    Value Estimation
    $325,000
    95 Eagle Park Cir, Banner Elk, NC 28604
    View details
    5170 Nc Hwy 105th S

    5170 Nc Hwy 105th S

    GARDEN APT, COURT APT (5+ UNITS) • 13,080 SF
    Value Estimation
    $540,000
    5170 Nc Hwy 105th S, Banner Elk, NC 28604-8734
    View details
    4584 Nc Hwy 194th S

    4584 Nc Hwy 194th S

    BOARDING/ROOMING HOUSE • 528 SF
    Value Estimation
    $455,000
    4584 Nc Hwy 194th S, Banner Elk, NC 28604-9888
    View details
    1064 Shawneehaw Ave

    1064 Shawneehaw Ave

    GARDEN APT, COURT APT (5+ UNITS) • 2,882 SF
    Value Estimation
    $410,000
    1064 Shawneehaw Ave, Banner Elk, NC 28604
    View details

    Banner Elk, NC Residential Income Properties Investment Opportunities Market Analysis

    Explore 13 residential income properties for sale in Banner Elk, NC on our real estate platform. These investment opportunities span a total of 532,609 square feet of properties for sale, with an estimated market value of $4,330,000.

    Prices for residential income properties in Banner Elk, NC start at $325,000, averaging $481,111, and reaching up to $1,175,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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    Most Searched ZIP Codes in Banner Elk, NC

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