$149,000
$11K PRICE DROP

Lot 1 Hemlock Place SW Banner Elk, NC 28604

Estimated payment $807/month

Total Views 5,825
0.74 Acre
$201,351 Price per Acre
32,234 Sq Ft Lot

Highlights

  • Mountain View
  • Wooded Lot
  • High Speed Internet
  • Banner Elk Elementary School Rated A-
  • No HOA

About This Lot

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.

Listing Agent

Marsha McManus

The Summit Group Of The Carolinas Brokerage Phone: (828) 898-3500 Listed on: 06/21/2025

Co-Listing Agent

James Canterbury

The Summit Group Of The Carolinas Brokerage Phone: (828) 898-3500

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $206

Lot Details

  • 0.74 Acre Lot
  • Property fronts a private road
  • Sloped Lot
  • Wooded Lot
  • Zoning described as R1

Property Views

  • Mountain Views

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Septic Needed
  • Private Sewer
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Elk River Heights Subdivision

Listing and Financial Details

  • Long Term Rental Allowed
  • Tax Lot 1
  • Assessor Parcel Number 184802897347

Property Details

Property Type

Land

Est. Annual Taxes

$206

Lot Details

0

Listing Details

  • Property Sub Type: Acreage
  • Prop. Type: Land
  • Lot Size Acres: 0.74
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 304
  • Co List Office Phone: (828) 898-3500
  • Subdivision Name: Elk River Heights
  • Directions: From Banner Elk, go down hwy 194 towards Elk River. Turn left onto Hemlock Place Rd. Continue up Hemlock place. Property will be on your left after the A-frame.
  • Property Sub Type Additional: Acreage
  • Attribution Contact: (828) 898-3500
  • Special Features: None

Exterior Features

  • Lot Features: Acreage, Wooded
  • Topography: Sloping
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No

Utilities

  • Sewer: Private Sewer, Septic Needed
  • Utilities: Sewer Available, High Speed Internet Available
  • Water Source: Other, See Remarks

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 #: 184802897347
  • Zoning Description: R1

Tax Info

  • Tax Annual Amount: 206.0
  • Tax Book Number: 576/1356
  • Tax Lot: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 Price Changed $149,000 -6.8% --
06/21/2025 06/21/25 For Sale $159,900 -- --
Source: High Country Association of REALTORS®

About the Listing Agent

Marsha McManus

The Summit Group Of The Carolinas

(828) 330-9091

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Marsha first came to the Boone/Banner Elk area in 1979 as a Biology Naturalist student at Appalachian State University. Like many others, she never left. Having lived in different regions of the High Country for the past 46 years, and being involved in many different business endeavors, she has lots of knowledge and history of the region.
For 25 years Marsha worked as an artist and owned her own company, Spring Beauties. She hand-crafted local wildflowers out of recycled aluminum printing

Marsha's Other Listings

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  • 31 & 32 Running Bear Cir, Banner Elk, NC 28604

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    • 31 & 32 Running Bear Cir
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    Welcome to Bear Run, one of Banner Elk’s premier subdivisions, rapidly growing into a highly coveted mountain community. Located just 1.5 miles from downtown Banner Elk, this development offer city water and sewer. underground electric, high-speed internet, cable, and natural gas. A city maintained, paved road leads directly to the lot. These two lots are being sold together to create a .94 ac

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  • Lot 20 Running Bear Cir, Banner Elk, NC 28604

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    • Lot 20 Running Bear Cir
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    Welcome to Bear Run, one of Banner Elk’s premier subdivisions, rapidly growing into a highly coveted mountain community. This stunning lot is a great opportunity to build your dream home in a scenic and convenient location. The lot is centrally located in the subdivision and has access from both the top and bottom of the property. The land is gently sloping and has views of Beech Mountain.

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  • 34 Running Bear Cir, Banner Elk, NC 28604

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    • 34 Running Bear Cir
    • Banner Elk, NC

    Welcome to Bear Run, one of Banner Elk’s premier subdivisions, rapidly growing into a highly coveted mountain community. This stunning lot is a great opportunity to build your dream home in a scenic and convenient location. The lot is centrally located in the subdivision and is on the upper side of the road. It's terrain is gently sloping and has views of Beech Mountain and Hanging Rock Mountain.

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  • 88 Covered Bridge Rd, Banner Elk, NC 28604

    $517,000 Under Contract

    • 2 Beds
    • 2 Baths
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    • 88 Covered Bridge Rd
    • Banner Elk, NC

    With a total of 2074 sq. ft. this beautifully updated and meticulously maintained cottage is located on the sunny south facing side of Beech Mountain just minutes from the Ski Beech, the Town of Beech Mountain, and the charming village of Banner Elk. The main entrance has a level entry. A lower drive offers level entry to all of the additional finished space downstairs. All of this contributes to

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  • Lot 1 Horseshoe Creek Rd, Banner Elk, NC 28604

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    • Lot 1 Horseshoe Creek Rd
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    Discover this beautiful 2.98 acre parcel in the peaceful Horseshoe Creek Subdivision just minutes from Downtown Banner Elk. This property offers an ideal mix of open level pasture and partially wooded areas, with the Shawneehaw Creek meandering through for added charm.Bring your horses and build your dream mountain home and stables with plenty of pasture for them to enjoy. Custom building

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  • 6 Meadow Ave, Banner Elk, NC 28604

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  • 120 Wintergreen Way, Beech Mountain, NC 28604

    $494,900

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    Motivated Seller! Bring an Offer! Located just minutes from the entrance to Ski Beech! Nestled in a tranquil, wooded setting, this property offers the perfect balance of comfort, charm, and space. NEW LVP and CARPET HAS JUST BEEN INSTALLED IN THIS LARGE HOME!. Step into the main level, where a level entry leads to an airy open floor plan. There are lots of windows and a gas log fireplace in the

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  • Lot 9 Trillium Ln, Linville, NC 28646

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    Located in the gated Village at Grandfather, this .42 ac tract of land is a serene, gently sloping parcel nestled in a picturesque location bordering 1000's of acres in the Grandfather Nature Conservancy and the Grandfather Mountain State Park. It's peaceful setting at the end of a cul-de-sac ensures privacy and tranquility, while providing easy access to the lot. The property is surrounded by

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Source: High Country Association of REALTORS®

MLS Number: 256377

High Country Association of REALTORS®