Skip main navigation
Lot/land
  • $140,000

    Lot 4B & 5 Chestnut Mountain Road, Banner Elk, NC 28604

    --beds
    --baths
    3.84Acres
    Unimproved Land
    Built in ----
    3.84 Acres Lot
    $-- Zestimate®
    $--/sqft
    $83/mo HOA

    What's special

    Upscale feelShared community spring boxGreat viewsElevates the view potentialEasy access to waterRoughed in drivewayUnderground power
    Welcome to 3.836 acres with long range mountain view potential. This is the opportunity to own a property that combines a gated community, ample space, views, privacy, serenity and location. Only 8 minutes to downtown Banner Elk and 12 minutes to Valle Crucis area. Views are visible in current state; however, can be maximized with tree trimming. There is a roughed in driveway that leads up to a clearing for a building area that promotes privacy and elevates the view potential. A secondary driveway has been cut in that leads to a lower cleared area, that also has great views and would make a great outdoor area! A shared community spring box is located on the lot for easy access to water and a three-bedroom septic has been approved through Watauga County Health Department in 2025. There is underground power at the front of the property and High Speed internet throughout the community. Chestnut Hill is a quiet gated subdivision located in the heart of the Matney section of Banner Elk that combines the beauties of its natural surrounding with an upscale feel. This is a very buildable property that is convenient to all Banner Elk and Valle Crucis amenities. Listing Agent is the Seller.
    266 days
    |
    39
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Brad Palatucci (828)783-7250,

    Realty One Group Results-Banne

    Source: High Country AOR,MLS#: 258720MLS LogoOriginating MLS: High Country Association of Realtors Inc.

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: Long Range
      Lot
      • Size: 3.84 Acres
      • Features: Level, Steep Slope, Wooded
      • Topography: Level,Sloping
      • Residential vegetation: Wooded
      Details
      • Parcel number: 1869860272000

      Utilities & green energy

      • Sewer: Septic Permit 3 Bedroom
      • Water: Community/Coop, Spring
      • Utilities for property: Cable Available, Electricity Available, Other, See Remarks, High Speed Internet Available, Water Available

      Community & HOA

      Community
      • Features: Gated, Long Term Rental Allowed
      • Subdivision: Chestnut Hill
      HOA
      • Has HOA: Yes
      • HOA fee: $1,000 annually
      Location
      • Region: Banner Elk

      Financial & listing details

      • Annual tax amount: $297
      • Date on market: 10/20/2025
      • Listing terms: Conventional,FHA,USDA Loan,VA Loan
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,233/mo

        Price history

        DateEventPrice
        10/21/2025Listed for sale$140,000+12%
        Source: High Country AOR #258720 Report a problem
        4/16/2025Sold$125,000-16.6%
        Source: High Country AOR #242465 Report a problem
        3/18/2025Contingent$149,900
        Source: High Country AOR #242465 Report a problem
        3/23/2023Listed for sale$149,900
        Source: High Country AOR #242465 Report a problem

        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

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Valle Crucis
        • High: Watauga

        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.

        Browse local experts

        Similar homes