Description
This 29.84-acre property located on Teaster Valley Lane in Banner Elk, NC, is listed for 2,999,000 and offers a unique opportunity for extreme privacy, development, or a mountain retreat. The property features stunning, long-range mountain views and includes a 1996 manufactured home (504 sq ft) with a partially finished cabin, providing a base while building Property Highlights: Acreage: 29.84 acres, described as partially cleared with significant mature timber and varied topography. Water Source: The property operates on a natural spring. Water Feature: The Elk River runs through the property. Location: Situated in Banner Elk (Avery County), near Beech Mountain, Sugar Mountain, and Grandfather Mountain. Potential: Ideal for investors looking to build multiple luxury homes, or as a private family estate for recreational vehicles and wilderness lovers. Access: Located near the end of Teaster Valley Lane, requiring travel up a hill to reach the prime building sites
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4BEDS
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29.84ACRES
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2BATHS
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01/2 BATHS
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1,421SQFT
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$2,110$/SQFT
School Ratings & Info
Description
This 29.84-acre property located on Teaster Valley Lane in Banner Elk, NC, is listed for 2,999,000 and offers a unique opportunity for extreme privacy, development, or a mountain retreat. The property features stunning, long-range mountain views and includes a 1996 manufactured home (504 sq ft) with a partially finished cabin, providing a base while building Property Highlights: Acreage: 29.84 acres, described as partially cleared with significant mature timber and varied topography. Water Source: The property operates on a natural spring. Water Feature: The Elk River runs through the property. Location: Situated in Banner Elk (Avery County), near Beech Mountain, Sugar Mountain, and Grandfather Mountain. Potential: Ideal for investors looking to build multiple luxury homes, or as a private family estate for recreational vehicles and wilderness lovers. Access: Located near the end of Teaster Valley Lane, requiring travel up a hill to reach the prime building sites
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