$425,000
SOLD AUG 20, 2025

Lot 7017 Summit Forest Way Banner Elk, NC 28604

3.15 Acres
$134,921 Price per Acre
137,214 Sq Ft Lot

Recently Sold

14% Below List Price

355 Days on Market

Highlights

  • Airport or Runway
  • Golf Course Community
  • Fitness Center
  • Banner Elk Elementary School Rated A-
  • Equestrian Center
  • 24-Hour Security

About This Lot

As of August 2025

Discover your dream mountain retreat in the prestigious Summit Forest section of Elk River Club. This exceptional 3.18 acre homesite offers wooded mountain views. Nestled amidst the serene beauty of the Elk River Club and Banner Elk, NC, this property provides the perfect canvas for your custom mountain home. The Elk River Club is a luxurious community that encompasses 1200 acres of the Blue Ridge mountains. In addition to a Jack Nicklaus Signature golf course, members can enjoy the 50,000 square foot clubhouse, tennis, fitness, and equestrian centers plus an on-site private jetport. A limited number of homesites remain available. From tranquil wooded settings and long range mountain vistas, imagine your mountain home and you will find the perfect setting at Elk River.

Last Agent to Sell the Property

Richard Foster Ii

Elk River Realty Brokerage Phone: 828-898-9777 Listed on: 08/30/2024

Co-Listed By

Kylie Clark

Elk River Realty Brokerage Phone: 828-898-9777

Last Buyer's Agent

Rachel Bird

Realty One Group Results-Banne

Realty One Group Results-Banne

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,060

Lot Details

  • 3.15 Acre Lot
  • Property fronts a private road
  • Sloped Lot
  • Wooded Lot

HOA Fees

  • $372 Monthly HOA Fees

Property Views

  • Trees
  • Mountain
  • Seasonal

Schools

  • Banner Elk Elementary School
  • Avery County High School

Horse Facilities and Amenities

  • Equestrian Center

Utilities

  • Septic Needed
  • Not Connected to Sewer

Listing and Financial Details

  • Tax Lot 7017
  • Assessor Parcel Number 1838-00-92-4746-00000

Community Details

Overview

  • Elk River Subdivision

Amenities

  • Airport or Runway
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Community Pool

Security

  • 24-Hour Security
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,060

Lot Details

0

HOA Fees

$372 per month

Listing Details

  • Property Sub Type: Acreage
  • Prop. Type: Land
  • Lot Size Acres: 3.15
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 464
  • Co List Office Phone: 828-898-9777
  • Subdivision Name: Elk River
  • Property Sub Type Additional: Acreage
  • Attribution Contact: 828-898-9777
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Acreage, Wooded
  • Pool Features: Community
  • Topography: Sloping
  • View: Long Range, Mountain(s), Seasonal View, Trees/Woods
  • View: Yes
  • Waterfront: No
  • Exterior Features: Other, See Remarks

Utilities

  • Security: 24 Hour Security
  • Sewer: Not Connected, Septic Needed
  • Utilities: Water Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Equestrian Community, Fitness Center, Golf, Gated, Pickleball, Pool, Airport/Runway, Tennis Court(s)
  • Association Fee: 4466.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 1838-00-92-4746-00000

Tax Info

  • Tax Annual Amount: 1060.0
  • Tax Book Number: 560/932
  • Tax Lot: 7017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Aug 19, 2025
Sold by
Porter John M
Bought by
Stryjewski Mariusz and Stryjewski Linda
Seller's Agent
Richard Foster Ii
Elk River Realty
Buyer's Agent
Rachel Bird
Realty One Group Results-Banne
List Price
$495,000
Sold Price
$425,000
Premium/Discount to List
-$70,000
-14.14%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
79.16%

Purchase Details

Closed on
May 13, 2021
Sold by
Shelton R Edwin R and Shelton Dorothy M
Bought by
Porter John M
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $425,000 None Listed On Document
Warranty Deed $425,000 None Listed On Document
Warranty Deed $265,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 Sold $425,000 -14.1% --
08/30/2024 08/30/24 For Sale $495,000 -- --
Source: High Country Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $1,060 $265,000 $265,000 --
2023 $1,060 $265,000 $265,000 $0
2022 $1,060 $265,000 $265,000 $0
2021 $1,100 $200,000 $200,000 $0
2020 $1,100 $200,000 $200,000 $0
2019 $1,100 $200,000 $200,000 $0
2018 $1,100 $200,000 $200,000 $0
2017 $1,100 $200,000 $0 $0
2016 $894 $200,000 $0 $0
2015 $894 $200,000 $200,000 $0
2012 -- $225,000 $225,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 251800

High Country Association of REALTORS®

APN: 1838-00-92-4746-00000