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17.8+ acre PRIME commercial tract on Tynecastle Hwy (Hwy 184) in Banner Elk - less than a mile from the major intersection at Highway 105, and a short drive to Sugar Mountain, Beech Mountain, and Downtown Banner Elk! This large acreage commercial site has ample highway frontage and high visibility, with access adjacent to Blue Ridge Village and views of Sugar Mountain, Beech Mountain, and the long-range valley stretching towards Tennessee! Endless possibilities for development or use, including the potential for a hotel, multi-family/condos, retail, and more! A central location makes this an easily accessible tract for tourists visiting the ski slopes and National Park Service land, with Grandfather Mountain and Linville both in close proximity!
| DAYS ON MARKET | 312 | LAST UPDATED | 3/22/2024 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 0 |
| COMMUNITY | 8-Banner Elk | COUNTY | Avery |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| Elementary School | Banner Elk |
|---|---|
| High School | Avery County |
| PRICE HISTORY | |
| Prior to Jul 17, '23 | $2,899,000 |
|---|---|
| Jul 17, '23 - Mar 22, '24 | $2,500,000 |
| Mar 22, '24 - Today | $2,350,000 |
| ADDITIONAL DETAILS | |
| AREA | 8-Banner Elk |
|---|---|
| BUYER'S BROKERAGE COMPENSATION | 5 |
| EXTERIOR | Other |
| LOT | 17.881 acre(s) |
| LOT DESCRIPTION | Level, Sloped, Wooded |
| SEWER | Other |
| SUBDIVISION | None |
| TAXES | 1460.41 |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s) |
| WATER | Other, See Remarks |
| ZONING | None |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Chad Vincent, Berkshire Hathaway HomeServices Vincent Properties, 828-295-0700
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