$290,000
SOLD JUL 23, 2026
8.74 Acres
$33,181 Price per Acre
380,714 Sq Ft Lot

Sale Details

Date Sold: July 23, 2026

34% Below List Price

925 Days on Market

Highlights

  • Home fronts a creek
  • Views of Trees
  • No HOA
  • Banner Elk Elementary School Rated A-
  • 8.74 Acre Lot
  • High Speed Internet

About This Lot

As of July 2026

Majestic 8.74-acre property right outside of Banner Elk with FLAT areas to build and infrastructure already in place! So many wonderful features about this property include great southern exposure, a shared well with an installed water line to a build site, a 2 bedroom septic system INSTALLED, underground power/fiber optic INSTALLED, and an clear pad with metal structure in place all at 4,000' elevation. Bold springs are on the property and one was used as a water source for many years. Wooded nature surrounds you with a seasonal view or the potential for a mountain ridge view with some tree clearing. The location could not be any better being less than 5 minutes to Banner Elk, with proximity to skiing, wineries, hiking, golf, tennis, equestrian facilities and more. Property has potential to be subdivided due to multiple deeded easements. A great estate tract or potential short-term rental property. No deed restrictions but located in the Banner Elk ETJ for residential zoning. RV is not included but could be purchased separately. Mature trees and multiple areas for building make this a unique opportunity. Bring your vision for this land or preserve it the way it is while enjoying it.

Last Agent to Sell the Property

Nate Wright

Wright Brokers with Hyatt in the High Country Brokerage Phone: (828) 268-9901 Listed on: 01/08/2024

Co-Listed By

Kelsey Wright

Hyatt In The High Country, Inc. Brokerage Phone: (828) 268-9901

Last Buyer's Agent

Nate Wright

Wright Brokers with Hyatt in the High Country Brokerage Phone: (828) 268-9901 Listed on: 01/08/2024

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $574

Lot Details

  • 8.74 Acre Lot
  • Home fronts a creek
  • Property fronts a private road
  • Southern Exposure
  • Level Lot
  • Zoning described as R1

Property Views

  • Trees
  • Mountain
  • Seasonal

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Underground Utilities
  • Shared Well
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot Tract 3
  • Assessor Parcel Number 18590094106300000

Property Details

Property Type

Land

Est. Annual Taxes

$574

Lot Details

8.74 Acres

Listing Details

  • Property Sub Type: Acreage
  • Prop. Type: Land
  • Lot Size Acres: 8.74
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Co List Office Phone: (828) 268-9901
  • MLS Status: Closed
  • Standard Status: Closed
  • Subdivision Name: None
  • Property Sub Type Additional: Acreage
  • Attribution Contact: (828) 268-9901
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Acreage, Level, Rolling Slope
  • Topography: Level,Rolling
  • View: Mountain(s), Seasonal View, Trees/Woods, Southern Exposure
  • View: Yes
  • Waterfront Features: Creek
  • Waterfront: Yes

Utilities

  • Sewer: Septic Permit 2 Bedroom, Septic Tank
  • Utilities: Electricity Available, Underground Utilities, Water Available, Cable Available, High Speed Internet Available, Septic Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Banner Elk
  • High School: Avery County

Lot Info

  • Parcel #: 18590094106300000
  • Zoning Description: R1

Tax Info

  • Tax Annual Amount: 574.0
  • Tax Book Number: 356/664
  • Tax Lot: Tract 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2024
Closed on
Jul 23, 2026
Sold by
Walton Painter Zeno and Fields Painter Barbara
Bought by
Seller's Agent
Nate Wright
Wright Brokers with Hyatt in the High Country
Buyer's Agent
Nate Wright
Wright Brokers with Hyatt in the High Country
List Price
$439,000
Sold Price
$290,000
Premium/Discount to List
-$149,000
-33.94%
Views
696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
225.11%

Purchase Details

Closed on
Nov 11, 2025
Sold by
Painter Zeno W
Bought by
Z And B Trust and Painter

Purchase Details

Closed on
Apr 26, 2006
Sold by
Painter Zeno W and Painter Barbara F
Bought by
Development Opportunities Of The Carolin
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Banner Elk, NC

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Warranty Deed $140,000 None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/23/2026 07/23/26 Sold $290,000 -14.7% --
03/27/2026 03/27/26 Price Changed $339,999 -1.4% --
12/26/2025 12/26/25 Price Changed $344,999 -1.4% --
08/21/2025 08/21/25 Price Changed $349,999 -12.3% --
04/15/2024 04/15/24 Price Changed $398,990 -9.1% --
01/09/2024 01/09/24 For Sale $439,000 -- --
Source: High Country Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $574 $143,400 $139,700 $3,700
2024 $574 $143,400 $139,700 $3,700
2023 $574 $143,400 $139,700 $3,700
2022 $574 $143,400 $139,700 $3,700
2021 $475 $86,300 $82,200 $4,100
2020 $475 $86,300 $82,200 $4,100
2019 $475 $86,300 $82,200 $4,100
2018 $475 $86,300 $82,200 $4,100
2017 $477 $86,700 $0 $0
2016 $388 $86,700 $0 $0
2015 $388 $86,700 $82,200 $0
2012 -- $123,200 $123,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 247413

High Country Association of REALTORS®

APN: 1859-00-94-1063-00000

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