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Forty-three prime acres in the town of Banner Elk, within a short distance to Lees-McRae College, the Elk River, the town park, hiking/mountain bike trails, shopping and restaurants, etc. The 43-acre tract is approved for multifamily (R-2), and the front two acres are approved for general business (C-2). The property has great views of both the Mill Pond and Elk River, as well as long-range views. This could be a great homestead for a family looking for privacy but wanting the convenience of being within a short distance to town. This is a great opportunity to create a unique community right in the heart of Banner Elk with multiple building sites, views and in-town living.
| DAYS ON MARKET | 361 | LAST UPDATED | 10/10/2022 |
|---|---|---|---|
| TRACT | None | COMMUNITY | 8-Banner Elk |
| COUNTY | Avery | STATUS | Sold |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| Elementary School | Banner Elk |
|---|---|
| High School | Avery County |
| PRICE HISTORY | |
| Prior to Mar 22, '22 | $1,750,000 |
|---|---|
| Mar 22, '22 - Today | $1,900,000 |
| ADDITIONAL DETAILS | |
| AREA | 8-Banner Elk |
|---|---|
| LOT | 42.84 acre(s) |
| LOT DESCRIPTION | Level |
| SEWER | Not Connected,Public Sewer,Septic Needed |
| SUBDIVISION | None |
| TAXES | 160 |
| UTILITIES | Water Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Long Range,Southern Exposure |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listing provided by Morgan Beck-Herdklotz, Premier Sotheby's International Realty- Banner Elk
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