Yes, this is one of the few “elf-” compounds attested in the OED.  Why?

 elf-friend  n.

1937   J. R. R. Tolkien Hobbit iii. 62   The master of the house was an elf-friend.

I’m giving him full credit for this one.

  • 03.032 The master of the house was an elf-friend –
  • 04.034 “Murderers and elf-friends!”
  • 18.049 And I name you elf-friend
  • 19.038 It is true that for ever after he remained an elf-friend,

“elf, n.1.” OED Online, Oxford University Press, June 2017, http://www.oed.com/view/Entry/60431. Accessed 13 September 2017.

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