Single Family Residence In Banner Elk

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.