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    149 Painter Rd Banner Elk, NC 28604

    For Sale
    $349,999

    Land - Banner Elk, NC

    Lot size:
    8.74 Acres
    Days on Market:
    116
    Last Refresh:
    Dec 14 at 7:06 am

    Property Features for 149 Painter Rd

    General Information

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

    Building Details

    Architectural style
    Other

    Hyatt in the High Country Realty (919) 434-9364 [email protected]

    Listing agent Nate Wright (828) 268-9901

    Listing date Aug 21, 2025

    MLS# 247413 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 Infrastructure near Banner Elk

    This 8.74-acre property is located just outside of Banner Elk. The land features multiple flat areas suitable for construction, along with existing infrastructure. It benefits from southern exposure and includes a shared well with a water line installed to a building site. A two-bedroom septic system is already installed, and underground power and fiber optic lines are in place. An RV pad with a metal structure is also present, all at an elevation of 4,000 feet. The property includes bold springs, one of which was previously used as a water source. The surrounding area is wooded, offering a seasonal view and the potential for a mountain ridge view with some tree clearing. Its location is less than 5 minutes from Banner Elk, providing convenient access to skiing, wineries, hiking, golf, tennis, equestrian facilities, and more. The property could be subdivided, offering multiple building sites. It is suitable as an estate tract or a potential short-term rental compound. There are no deed restrictions, and the property is located in the Banner Elk ETJ for residential zoning. Mature trees and multiple building areas make this a unique opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Department Store Hotel & Motel Storage Facility Garden Center Electrical Service Cafe & Coffee Shop Acupuncture

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Banner Elk
    County
    Watauga
    State
    North Carolina
    Longitude
    -81.850598
    Latitude
    36.174532

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    FAQs

    What type of property is this?
    Land - 8.74-acre property with utilities ready for building near Banner Elk.
    Where is this land located?
    The property is located at 149 Painter Rd Banner Elk, NC.
    What is the asking price?
    The asking price for this property is $349,999.
    What are key features of this property?
    This property features: - Ready-to-build: Includes installed 2-bedroom septic system, shared well with water line, and underground power/fiber optic.; - Large, usable land: Boasting 8.74 acres with multiple flat building areas and an RV pad with metal structure.; - Prime location: Less than 5 minutes to Banner Elk, close to skiing, wineries, hiking, golf, and other amenities.
    (828) 268-9901
    Request Owner's contact information
    149 Painter Rd Banner Elk, NC 28604
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    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

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    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
    149 Painter Rd Banner Elk, NC 28604
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