Elves stood on average 5′4″‒6′0″ (1.6‒1.8 m) and weighed 130‒170 lb (59‒77 kg). Usually, true elves were a naturally slender and athletic race.[11] Elves had a similar range of complexions to humans, with wood elves typically coppery or pale skinned and wild elves having darker pigmentation. Often, elven hair was dark, either brown or black, with copper red or blond hair also found amongst wood elves,[12] although orange or even green hues were not completely unheard of.[11] Elven eyes were commonly brown, hazel, or an emerald green.[12] Elves, like their cousins the eladrin, were fair and beautiful, handsome, and had pointed ears and no body hair except eyebrows, eyelashes, and hair.
D&D Beyond elves:
Slender and Graceful With their unearthly grace and fine features, elves appear hauntingly beautiful to humans and members of many other races. They are slightly shorter than humans on average, ranging from well under 5 feet tall to just over 6 feet. They are more slender than humans, weighing only 100 to 145 pounds. Males and females are about the same height, and males are only marginally heavier than females.
Elves’ coloration encompasses the normal human range and also includes skin in shades of copper, bronze, and almost bluish-white, hair of green or blue, and eyes like pools of liquid gold or silver. Elves have no facial and little body hair. They favor elegant clothing in bright colors, and they enjoy simple yet lovely jewelry.
Yes. Quite different, but not really. It depends on your interpretation. Most artistic renditions of elves from the earliest of Forgotten Realms books look nothing like what is described above. Some images of Drow look like crusty old human men, for example. Some versions of elves in the same said book covers look like humans with pointy ears.
Basically, nothing in the above description says elves can't look like humans with pointy ears.