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$ 150,000
Est. payment | /mo
5 Acres Lot
$ 150,000
Est. payment | /mo
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 SCHOOL & BUSINESS