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    11 Monteagle Rd Banner Elk, NC 28604

    For Sale
    $199,000

    Land - Banner Elk, NC

    Lot size:
    2.49 Acres
    Days on Market:
    540
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 11 Monteagle Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    2.49 Acres

    Building Details

    Architectural style
    Other

    Keller Williams High Country (404) 277-3545 [email protected]

    Listing agent Lori Bryan (828) 386-1086

    Listing date Jun 14, 2024

    MLS# 246074 Listing URL

    Copyright © 2025 High Country Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land with Mountain Views

    This 2.49-acre gently sloping lot is located in the low-HOA gated community of Monteagle, which features underground utilities and fiber optics. The property offers long-range mountain views with a mix of pasture and woods, providing privacy and a natural buffer from wind due to its topography. Situated at a high elevation above 4,000 feet, the lot experiences cooler temperatures and is frequented by wildlife. It is located 3 miles from the town of Banner Elk and 1 mile from the Banner Elk Winery. The High Country location provides access to shopping, restaurants, winter skiing, golf, hiking, biking, and wildlife. Light deed restrictions and a low square footage minimum are in place. Short-term rentals are allowed, making this a potential investment property, vacation home, or full-time residence. An architectural conceptual home design (4,000'sq+ w/ 2 car garage), lot survey, and topographical map are available to the right accepted offer. Valued over $30k. These are pertinent documents for the septic/well/build process.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Banner Elk
    County
    Watauga
    State
    North Carolina
    Longitude
    -81.8424
    Latitude
    36.1797

    Nearby Similar for Sale

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    • $1,095,000

      Multi-Use Building Near Beech Mountain

      Versatile property with office space and income-generating residential units.
      3026 Beech Mountain Pkwy, Banner Elk, NC 28604
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    FAQs

    What type of property is this?
    Land - Gently sloping lot with mountain views in gated community.
    Where is this land located?
    The property is located at 11 Monteagle Rd Banner Elk, NC.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Long-range mountain views combined with privacy.; - Low HOA in a gated community with underground utilities and fiber optics.; - Short-term rentals allowed, offering investment potential.
    (828) 386-1086
    Request Owner's contact information
    11 Monteagle Rd Banner Elk, NC 28604
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11 Monteagle Rd Banner Elk, NC 28604
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