$250,000
$275,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
1.78 Acres Lot
SOLD DATE : 10/15/2025
Key Details
Sold Price $250,000
Property Type Vacant Land
Sub Type Acreage
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 244821
Sold Date 10/15/25
HOA Y/N No
Annual Tax Amount $723
Lot Size 1.780 Acres
Acres 1.78
Property Sub-Type Acreage
Property Description
Stunning Tract with Long Range Views of Grandfather, Sugar and Beech Mountains. This is a rare opportunity to own an undeveloped tract outside of a subdivision that is just minutes from the town of Banner Elk, NC. This lot is gently sloping and would make a great site for an investment property or primary residence. The lot currently is being leased by a Christmas tree grower with the lease expected to expire on December 31, 2026. The lease does allow for extension based on the size of the tree growth. This lease pays $750 annually. Please review the attached lease.
Location
State NC
County Watauga
Community Long Term Rental Allowed, Short Term Rental Allowed
Area 8-Banner Elk
Interior
Fireplace No
Exterior
Community Features Long Term Rental Allowed, Short Term Rental Allowed
View Y/N Yes
Water Access Desc Not Connected
View Long Range, Southern Exposure
Building
Lot Description Acreage, Level
Sewer Not Connected, Septic Needed
Water Not Connected
Schools
Elementary Schools Valle Crucis
High Schools Watauga
Others
Tax ID 1869263975000
Acceptable Financing Cash, Conventional, New Loan
Listing Terms Cash, Conventional, New Loan
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Bought with Wright Brokers with Hyatt in the High Country