$150,000

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.