7 Finally Way Banner Elk, NC 28604
Estimated payment $1,005/month
Highlights
- Home fronts a pond
- Views of Trees
- Wooded Lot
- Banner Elk Elementary School Rated A-
- 2.06 Acre Lot
- Gazebo
About This Lot
Welcome to this exceptional property in the High Country. Located in the upper section of Heath Hill Estates, this premier estate lot is part of a ten-site development offering enchanting views, and is just minutes from Banner Elk via paved roads. Enjoy sweeping vistas of Grandfather Mountain, Sugar Mountain, Beech Mountain and others from this estate lot. Positioned at over 4,000 feet in elevation, the property features breathtaking scenery and refreshing summer temperatures. The previous owners obtained approved floor plans for a 3+ bedroom home, and prior septic approval for a 4-bedroom residence. Heath Hill Estates includes a charming community pond and gazebo with long-range views. As you enter the development, you'll pass a picturesque working tree farm. The location is exceptionally convenient—less than five minutes to downtown Banner Elk and under ten minutes to grocery stores and Valle Crucis. Banner Elk offers fantastic dining, a vibrant community park, and year-round events. Plus, it’s a short drive to Sugar Mountain and Beech Mountain for skiing. Outdoor enthusiasts will appreciate the easy access to golf, tennis, hiking, and fishing. Come build your dream home on this incredible property!
Listing Agent
Fathom Realty NC LLC Brokerage Phone: (704) 966-9823 Listed on: 03/20/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $480
Lot Details
- 2.06 Acre Lot
- Home fronts a pond
- Property fronts a private road
- Lot Has A Rolling Slope
- Wooded Lot
HOA Fees
- $50 Monthly HOA Fees
Property Views
- Trees
- Mountain
Schools
- Banner Elk Elementary School
- Avery County High School
Utilities
- Underground Utilities
- Private Water Source
- Not Connected to Water Source
- Well
- Not Connected to Sewer
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Long Term Rental Allowed
- Tax Lot 7
- Assessor Parcel Number 1869-03-11-1644-00000
Community Details
Overview
- Heath Hill Estates Subdivision
Recreation
- Gazebo
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $480 | $120,000 | $120,000 | -- |
| 2023 | $480 | $120,000 | $120,000 | $0 |
| 2022 | $0 | $120,000 | $120,000 | $0 |
| 2021 | $275 | $50,000 | $50,000 | $0 |
| 2020 | $275 | $50,000 | $50,000 | $0 |
| 2019 | $275 | $50,000 | $50,000 | $0 |
| 2018 | $275 | $50,000 | $50,000 | $0 |
| 2017 | $358 | $65,000 | $0 | $0 |
| 2016 | $291 | $65,000 | $0 | $0 |
| 2015 | $291 | $65,000 | $65,000 | $0 |
| 2012 | -- | $120,000 | $120,000 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/04/2025 11/04/25 | Price Changed | $174,000 | -5.4% | -- | |
| 06/05/2025 06/05/25 | Price Changed | $184,000 | -2.6% | -- | |
| 03/20/2025 03/20/25 | For Sale | $189,000 | +45.5% | -- | |
| 06/18/2021 06/18/21 | Sold | $129,900 | 0.0% | -- | View Prior Sale |
| 05/19/2021 05/19/21 | Pending | -- | -- | -- | |
| 01/12/2021 01/12/21 | For Sale | $129,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $130,000 | None Available | |
| Warranty Deed | $260 | None Listed On Document | |
| Interfamily Deed Transfer | $135,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $124,348 | Unknown |
Source: High Country Association of REALTORS®
MLS Number: 254326
APN: 1869-03-11-1644-00000
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