Rare opportunity to own beautiful land just minutes from Downtown Banner Elk and Lees-McRae College. This property offers available water connection, Private sewer, and paved road access, which makes it an ideal site for a spec home, rental investment, or full-time residence. With access from the top of the lot and a natural grade, you’ll have the perfect setup to selectively open up the trees and create a stunning mountain view. Enjoy the beauty of native rock formations at the base of the property and the peaceful sound of the Elk River nearby. Just a short drive to Beech Mountain, Sugar Mountain, local restaurants, grocery stores, and all the High Country has to offer.
Lot/land
Price cut: $5K (5/23)
$119,900
Lot 1 Hemlock Place, Banner Elk, NC 28604
--beds
--baths
0.74Acres
Unimproved Land
Built in ----
0.74 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Stunning mountain viewNative rock formationsBeautiful landPaved road accessNatural grade
- 356 days |
- 96 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Marsha McManus (828)898-3500,
The Summit Group Of The Carolinas,
James Canterbury 828-260-5528,
The Summit Group Of The Carolinas
Source: High Country AOR,MLS#: 256377
Originating MLS: High Country Association of Realtors Inc.
Facts & features
Property
Features
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.74 Acres
- Features: Acreage, Wooded
- Topography: Sloping
- Residential vegetation: Wooded
Details
- Parcel number: 184802897347
- Zoning description: R1
Utilities & green energy
- Sewer: Private Sewer, Septic Needed
- Water: Other, See Remarks
- Utilities for property: Sewer Available, High Speed Internet Available
Community & HOA
Community
- Features: Long Term Rental Allowed, Short Term Rental Allowed
- Subdivision: Elk River Heights
HOA
- Has HOA: No
Location
- Region: Banner Elk
Financial & listing details
- Annual tax amount: $206
- Date on market: 6/21/2025
- Listing terms: Cash,Conventional,New Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2026 | Price change | $119,900-4% |
Source: | ||
| 4/23/2026 | Price change | $124,900-6.8% |
Source: | ||
| 3/10/2026 | Price change | $134,000-3.6% |
Source: | ||
| 1/15/2026 | Price change | $139,000-3.5% |
Source: | ||
| 11/19/2025 | Price change | $144,000-3.4% |
Source: | ||
| 8/7/2025 | Price change | $149,000-6.8% |
Source: | ||
| 6/24/2025 | Listed for sale | $159,900 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 28604
Nearby schools
GreatSchools rating
- 7/10Banner Elk Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 5/10Cranberry Middle SchoolGrades: 6-8Distance: 4.5 mi
- 4/10Avery County High SchoolGrades: 9-12Distance: 6.6 mi
Schools provided by the listing agent
- Elementary: Banner Elk
- High: Avery County
Source: High Country AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Avery County
- Banner Elk
- 28604
- Lot 1 Hemlock Place



