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$11,500,000
1085 Days On Site

Banner Elk, NC 28604

For Sale|Land|Active
Subdivision:
None
County:
Avery
Listing courtesy of Kimberly Raymond of IVESTER JACKSON HIGH COUNTRY LLC (704) 451-3322
Call Now: 336-246-3010
Is this the listing for you? We can help make it yours.
336-246-3010
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Monthly Payment (Est.)

$52,468
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This significant 241+/-acre Mountain is a developer’s paradise. The property is nestled between some of the greatest attractions the Blue Ridge Mountains have to offer, and can be the home to your dream development. Looking out from the peak, you can see Grandfather Mountain, Sugar Mountain Ski Resort, and the adjacent Diamond Creek Golf Club. You are conveniently located less than 2 hours from major airports and minutes from the Blue Ridge Parkway. This virtually untouched property is the perfect canvas for your next residential, resort development, or your personal family sanctuary. This property offers a serenity that placing one with nature provides and is minutes away from some of the most extraordinary attractions North Carolina mountains have to offer. Guests may spend time hiking the Appalachian mountain trails, enjoying some of the only snow skiing in the southeast, enjoying a round of golf at one of the many golf courses in the immediate areas, or taking a scenic drive up the Blue Ridge Parkway; These amenities and more are all in the immediate area of these property lines. This tract awaits a visionary resort owner and developer to bring grandeur and elegance to this mountaintop and present its visitors with their “new favorite place to be.” This property is a wooded wonderland with elevations ranging from 3800 ft to over 4600 ft. With a recently added road, it is ready to host your development dreams. The survey states 241+/- acres and the deed states approx 239 acres for the main parcel. (Note there are 2 separate tracts to this property.) The smaller tract has 2.48+/- acres. The property also has 2 deeded ROW and is a 60 foot ROW with a dedicated utilitie easement also. The property is mature forest land. It is gently sloping in most areas and has a couple of meadow areas within the tract. There are a few natural streams within the property. There is a small patch of rhododendron along the most southwestern corner of the property.

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Listing Snapshot
Price 
$11,500,000
Days On Site 
1085 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
241 Acres
Year Built 
N/A
MLS® Number 
245092
Status 
Active
Property Tax 
$4,902
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
10 months agoStatus changed to Active
10 months agoListing updated with changes from the MLS®
3 years agoListing first seen on site
General Features
Acres 
241
Sewer 
Other
Utilities 
OtherSee Remarks
Water Source 
OtherSee Remarks
Zoning 
None
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Exterior Features
Lot Features 
LevelRolling SlopeSlopedWoodedWaterfront
View 
Golf CourseMountain(s)Trees/Woods
Waterview 
Golf CourseMountain(s)Trees/Woods
Community Features
Financing Terms Available 
Cash
HOA Fee Frequency 
Annually
MLS Area 
8-Banner Elk
Roads 
OtherSee Remarks
Schools
School District
Unknown
Elementary School
Newland
Middle School
Avery
High School
Avery County
Listing courtesy of Kimberly Raymond of IVESTER JACKSON HIGH COUNTRY LLC (704) 451-3322



Listing information is provided by Participants of the High Country Association of Realtors MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, High Country Association of Realtors MLS.
Last checked: 2026-08-11 08:04 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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