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    2 Sunset Way Banner Elk, NC 28604

    For Sale
    $139,900

    Land, Other - Banner Elk, NC

    Lot size:
    2.02 Acres
    Days on Market:
    96
    Last Refresh:
    Dec 14 at 12:06 am

    Property Features for 2 Sunset Way

    General Information

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

    Taxes and HOA fees

    Expense value
    50
    Expense
    Home Owner Assessments Fee

    Building Details

    Architectural style
    Other

    NextHome, Inc

    Listing agent Judy and Allan Wagner (828) 264-8745 License #240994,PersonLicenseNumber

    Listing date Sep 10, 2025

    MLS# 257705 Listing URL

    Copyright © 2025 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Premier Estate Lot in Banner Elk

    This 2.02-acre estate lot is located in Heath Hill Estates, a ten-site neighborhood designed for privacy and convenience. Situated midway into the community, Lot 2 offers access to paved roads leading to downtown Banner Elk, which features restaurants, shops, activities, schools, and everyday essentials. At an elevation of over 4,000 feet, the property provides summer temperatures suitable for a mountain lifestyle. Heath Hill Estates features a community pond and gazebo, and its entrance is framed by a working tree farm. Outdoor recreation is nearby, with Sugar and Beech Mountains offering winter skiing, and golf, tennis, hiking, fishing, and Valle Crucis located minutes away. This property is intended for residential use, offering the opportunity to build a dream home in a mountain setting.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Garden Center Hotel & Motel Travel Agency Acupuncture Breakfast Bed & Breakfast

    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
    -81.82985687
    Latitude
    36.17327118

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    FAQs

    What type of property is this?
    Land - 2-acre estate lot in a convenient, private mountain community.
    Where is this land located?
    The property is located at 2 Sunset Way Banner Elk, NC.
    What is the asking price?
    The asking price for this property is $139,900.
    What are key features of this property?
    This property features: - Premier 2-acre estate lot in a private, ten-site neighborhood.; - Convenient access to downtown Banner Elk's restaurants, shops, activities, and schools.; - Located in Heath Hill Estates, featuring a community pond and gazebo.
    (828) 264-8745
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    2 Sunset Way 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
    2 Sunset Way Banner Elk, NC 28604
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