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367 Skyleaf Drive #D12
About This Property
Inside, you'll find updated flooring throughout, a thoughtfully renovated kitchen with quartz countertops, newer appliances, and an efficient layout that flows into the dining and living areas. A charming window seat in the dining area provides a cozy place to relax and enjoy seasonal views of Grandfather Mountain. The spacious living room features a beautiful stone fireplace, currently configured with an electric insert but offering the potential for conversion back to gas. Large sliding glass doors open to the private back deck, where long-range mountain views, seasonal glimpses of Grandfather Mountain, and a shaded afternoon setting invite you to unwind and enjoy the fresh mountain air.
The primary bedroom features a beautiful new oversized window framing long-range views toward Beech Mountain, while the guest bedroom enjoys pleasant natural light. Offered fully furnished, this condo is ready to enjoy as a personal mountain getaway or short-term rental property.
Skyleaf is an established condominium community known for its park-like setting, natural green spaces, ample parking, and convenient overflow parking area. Community laundry facilities are available on site. The seller also utilizes a portable air-conditioning unit that they have found adequate for warmer days.
Centrally located on Sugar Mountain, the property offers easy access to skiing, snowboarding, snow tubing, ice skating, summer mountain biking, scenic chairlift rides, golf, tennis, pickleball, and hiking. Just minutes from the shops and restaurants of Banner Elk, with Grandfather Mountain, the Blue Ridge Parkway, and the greater High Country within easy reach. Whether you're seeking a summer escape, winter retreat, or investment opportunity, Skyleaf D-12 is a wonderful place to enjoy mountain living throughout the year.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2026 | Listed by Wright Brokers with Hyatt in the High Country | $299,900 | |
| Listed by Wright Brokers with Hyatt in the High Country | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017