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Banner Elk, NC 28604
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Acres241

Acres(Lot)

This significant 241+/-acre Mountain is a developer’s paradise. The property is nestled between some of the greatest attractions the Blue Ridge Mountains have to offer, and can be the home to your dream development. Looking out from the peak, you can see Grandfather Mountain, Sugar Mountain Ski Resort, and the adjacent Diamond Creek Golf Club. You are conveniently located less than 2 hours from major airports and minutes from the Blue Ridge Parkway. This virtually untouched property is the perfect canvas for your next residential or resort development.This property offers a serenity that placing one with nature provides and is minutes away from some of the most extraordinary attractions North Carolina has to offer. Guests may spend time hiking the Appalachian mountain trails, enjoying some of the only snow skiing in the southeast, enjoying a round of golf at one of the many golf courses in the immediate areas, or taking a scenic drive up the Blue Ridge Parkway; These amenities and more are all in the immediate area of these property lines. This tract awaits a visionary resort owner and developer to bring grandeur and elegance to this mountaintop and present its visitors with their “new favorite place to be.” This property is a wooded wonderland with elevations ranging from 3800 ft to over 4600 ft. With a recently added road, it is ready to host your development dreams. The survey states 241+/- acres and the deed states approx 239 acres for the main parcel. (Note there are 2 separate tracts to this property.) The smaller tract has 2.48+/- acres. The property also has 2 deeded ROW and is a 60 foot ROW with a dedicated utilitie easement also. The property is mature forest land. It is gently sloping in most areas and has a couple of meadow areas within the tract. There are a few natural streams within the property. There is a small patch of rhododendron along the most southwestern corner of the property.

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Detail Ic Property Details

Property Type : Land

Price : $11,500,000

AD Id : 60761330

MLS Id : 245092

Lot Size : 241 Acres(Lot)

County : Avery

  • Map Map

Map

Feature Features

  • Lot Information

    Main Square Feet: 241 Acres Lot Size Acres: 241 Lot Description: Level, Rolling Slope, Sloped, Wooded, Waterfront

    Property Information

    Subdivision: None Source Property Type: Land MLS Area Minor: Banner Elk Zoning Description: None

  • Listing Price Information

    Listing Price: $11500000 Cash

  • Tax Information

    Parcel Number: 1858-00-93-1799-00000 Tax Lot: n/a Annual Tax: $4902

  • School Information

    Elementary School: Newland
    Junior High School: Avery
    Senior High School: Avery County
  • Utility Information

    Other, See Remarks
  • Location Information

    WaterSource: Other, See Remarks
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
LOT 29 Lee Gualtney Road, Banner Elk, NC, 28604 $135,000 -- -- -- 2.11 Acres(Lot)
C124 Springwater Lane, Banner Elk, NC, 28604 $254,900 -- -- -- 2.19 Acres(Lot)
C1 Eagles Nest Trail, Banner Elk, NC, 28604 $299,000 -- -- -- 3.10 Acres(Lot)
LOT 1 Stonefly Trail, Banner Elk, NC, 28604 $229,000 -- -- -- 0.50 Acre(Lot)
TDB Nettles Ridge Road, Banner Elk, NC, 28604 $38,000 -- -- -- 1.90 Acres(Lot)
ES-86 Lands End Trail, Banner Elk, NC, 28604 $295,000 -- -- -- 1.45 Acres(Lot)
ES42 Firesong Lane, Banner Elk, NC, 28604 $210,000 -- -- -- 2.03 Acres(Lot)
ES88 Lands End Trail, Banner Elk, NC, 28604 $225,900 -- -- -- 1.47 Acres(Lot)
TBD Monroe Herman #1 Road, Banner Elk, NC, 28604 $265,000 -- -- -- 11.06 Acres(Lot)
G-36 Skycamp Overlook, Banner Elk, NC, 28604 $335,000 -- -- -- 0.75 Acre(Lot)

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of High Country Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 High Country Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 04/06/2026 @ 16:30

MLS: 245092 LISTED BY: Kimberly Raymond, IVESTER JACKSON HIGH COUNTRY LLC 828-406-6185 SOURCE: High Country Association of REALTORS

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