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Rare live/work opportunity in the Town of Banner Elk with a residential Special Use Permit that conveys, allowing full-time occupancy within a commercially zoned (C-2) building. Fully renovated to the studs in 2015"”including major systems, insulation, layout, and finishes"”the property offers modern infrastructure with natural gas service, three zones of central heat and A/C, and Town of Banner Elk water/sewer. The main level includes a 1,272 sq ft, 2-bedroom/1-bath apartment with a spacious full bath featuring a separate tub and shower. This residential component provides excellent flexibility for owner occupancy, staff housing, or supplemental rental income while remaining well under the 50% residential threshold required by town ordinance. A gas fireplace anchors the adjoining reception area, and a service kitchen (all components except a stove) adds convenience for live/work use. The remaining main-level space and the entire lower level support a wide range of C-2-permitted commercial uses. The lower level has its own entrance, two half-baths, and a dedicated shower room with three individual showers and a double vanity"”ideal for fitness, wellness, staff facilities, or future expansion. Located on Beech Mountain Parkway, the property offers excellent access to Banner Elk, Beech Mountain Resort, Sugar Mountain, and year-round amenities. Ample parking, attractive landscaping, and a low-maintenance layout make it a strong option for buyers seeking a commercial property with the added benefit of on-site living or income potential.
| DAYS ON MARKET | 148 | LAST UPDATED | 2/18/2026 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 2015 |
| COMMUNITY | 8-Banner Elk | COUNTY | Avery |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Banner Elk |
|---|---|
| High School | Avery County |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric, Zoned |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Dryer, Gas Range, Gas Water Heater, Refrigerator, Tankless Water Heater, Washer |
| AREA | 8-Banner Elk |
| BASEMENT | Finished, Yes |
| CONSTRUCTION | Frame, Wood Siding |
| EXTERIOR | Fire Pit, Storage |
| FIREPLACE | Yes |
| HEAT | Fireplace(s), Forced Air, Hot Water, Natural Gas, Zoned |
| INTERIOR | High Speed Internet |
| LOT | 0.7 acre(s) |
| LOT DIMENSIONS | 0.7 |
| PARKING | Paved, Driveway, Private |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Mountain |
| SUBDIVISION | None |
| TAXES | 2750 |
| UTILITIES | Cable Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s) |
| WATER | Public |
| ZONING | Business/Comm,C-2,General Business,Residential |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Holly Ogle, HomeLight, Inc., (828) 789-9426
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This IDX solution is (c) Diverse Solutions 2026.