Listing provided courtesy of Bear Real EstateMLS# 260574MLS ProviderContact Information: (828) 260-5338
  • 84 days on site
  • 0 views

Introducing a rare secluded second-home or investment property in a rapidly disappearing market. This forested tract of resort land is in a sought-after location near all the amenities Banner Elk has to offer. It's well-priced and the property spans five acres of raw land (lots of flowering native rhododendrons) with a slope that gradually ascends from a private gravel road with a steep incline at the top, bordering the Elk River Development. Underground utilities to the house next door add great value to this lot and with the limited inventory in such proximity to Banner Elk’s shopping, dining, walking trails, children’s park, churches, Lees-McRae College, Sugar and Beech Mountain ski resorts, hiking, biking and Grandfather Mountain, this parcel presents a unique opportunity. Although there is no active POA in place, the old subdivision restrictions mandate a minimum 900 sq ft residence (could be a tiny home!) offering the perfect canvas to build your dream home and there are several ideal building sites. Own an exceptional property in an area that ranked among the top 10% nationally for appreciation and start turning your dreams into a cool reality today.

Source: High Country MLS, MLS#: 260574

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
  • Property Type
    Land
  • Lot
    5.00 acres

Get in Contact

Would you like to know more about this property? We're here to help! Let's connect and find what you're looking for.

Ivester Jackson Christie's

Create a profile so you can receive updates on this property as soon as they happen!

  • Median Age
    42
  • Population Density
    111
  • College Educated
    50%
  • Estimated Median Income
    $53,018
  • Estimated Total Home Owners
    2,222
  • Estimated Total Renters
    805
  • Owner / Renter Divide
    73% / 27%
  • Estimated Average Household Size
    2
  • Total Population
    7,325
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at Tract 3 Mountain Vista Lane


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.