TBD Tower Rd Newland, NC 28657
Estimated payment $1,082/month
Total Views
17,992
5
Acres
$35,800
Price per Acre
217,800
Sq Ft Lot
Highlights
- Home fronts a pond
- Mountain View
- No HOA
- 5 Acre Lot
- Partially Wooded Lot
- Crops
About This Lot
This is a rare find. 5 +/- acres of gently sloping land conveniently located between Banner Elk and Newland off of Hickory Nut Gap Rd. The lay of the land is beautiful. About half is open pasture and half is wooded. There is a pond on the property. Want a beautiful mountain retreat? This is it! The current owners did a preliminary survey to possibly divide part of the acreage into 4 lots with each being approx. .9 of an acre. Look for this under the documents. There is a natural area that looks like an old roadbed already in place. An investor could build 4 very rent-able cabins on the property and then also have use of the pond. Absolutely beautiful property, Restrictions will only be for a minimum of 4 houses if the land is made into a minor subdivision and no trailers.
Listing Agent
The Summit Group Of The Carolinas Brokerage Phone: (828) 898-3500 Listed on: 10/31/2025
Property Details
Property Type
- Land
Lot Details
- 5 Acre Lot
- Home fronts a pond
- Property fronts a private road
- Partially Wooded Lot
Schools
- Newland Elementary School
- Avery County High School
Utilities
- Not Connected to Water Source
- Septic Needed
- Not Connected to Sewer
Additional Features
- Mountain Views
- Crops
Community Details
- No Home Owners Association
Listing and Financial Details
- Long Term Rental Allowed
- Assessor Parcel Number 1837-15-73-1947-00000
Map
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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 | $1,755 | $702,900 | $413,800 | $289,100 |
| 2023 | $1,755 | $702,900 | $413,800 | $289,100 |
| 2022 | $1,755 | $702,900 | $413,800 | $289,100 |
| 2021 | $2,250 | $671,300 | $413,800 | $257,500 |
| 2020 | $2,250 | $671,300 | $413,800 | $257,500 |
| 2019 | $2,250 | $671,300 | $413,800 | $257,500 |
| 2018 | $2,313 | $409,000 | $0 | $0 |
| 2017 | $2,051 | $372,900 | $0 | $0 |
| 2016 | $1,668 | $372,900 | $0 | $0 |
| 2015 | $1,668 | $372,900 | $411,500 | $213,800 |
| 2012 | -- | $690,700 | $404,100 | $286,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2025 10/31/25 | For Sale | $179,000 | -- | -- |
Source: High Country Association of REALTORS®
About the Listing Agent
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
Source: High Country Association of REALTORS®
MLS Number: 258853
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