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Melissa Hilton

melissah@ivesterjackson.com +1(980) 875-0033

$ 150,000

Est. payment | -/mo

5 Acres Lot

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$ 150,000

Est. payment | -/mo

Save Virtual Tour

5 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Subdivision Donaldson Lands

MLS Listing ID 260574

HOA Y/N Yes

Annual Tax Amount $87

Lot Size 5.000 Acres

Acres 5.0

Property Sub-Type Residential

Property Description

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.

Location

State NC

County Avery

Area 8-Banner Elk

Interior

Fireplace No

Exterior

Exterior Feature None

Utilities Available Other, See Remarks, Underground Utilities

View Y/N Yes

Water Access Desc Not Connected

View Trees/Woods

Building

Lot Description Steep Slope, Wooded

Sewer Not Connected

Water Not Connected

Schools

Elementary Schools Banner Elk

High Schools Avery County

Others

Tax ID 184800207985

Acceptable Financing Cash, New Loan

Listing Terms Cash, New Loan

Virtual Tour https://youtu.be/0WZPdpxyxr4

Listed by Bear Real Estate

Nearby Locations

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Melissa Hilton

Broker | Lic# 356364

melissah@ivesterjackson.com

+1(980) 875-0033

144 Poplar Grove Rd #221, Boone, NC 28607

Tract 3 Mountain Vista LN Banner Elk, NC 28604

Melissa Hilton

Key Details

Location

Interior

Exterior

Building

Schools

Others

Tract 3 Mountain Vista LN