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    29 Lee Gualtney Rd Banner Elk, NC 28604

    For Sale
    $139,000

    Land - Banner Elk, NC

    Lot size:
    2.11 Acres
    Days on Market:
    43
    Last Refresh:
    Dec 14 at 12:06 am

    Property Features for 29 Lee Gualtney Rd

    General Information

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

    Building Details

    Architectural style
    Other

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

    Listing agent Preston Hadley (828) 386-1086

    Listing date Nov 2, 2025

    MLS# 258479 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

    Ready-to-Build Land in Elk River

    This 2.11-acre lot is located in the Elk River subdivision. The property offers seasonal mountain views and access to a trout stream. Situated near the main gate, the lot has been partially cleared and features a gently sloping build area with road frontage, providing easy access. According to HOA policy, the lot can accommodate two cabins. It is located approximately 8 minutes from downtown, offering convenient access to restaurants, wineries, and skiing areas. Ski Beech and Sugar Mountain skiing are a short drive away. Ownership includes access to community hiking trails and the trout stream. Grandfather Mountain State Park and the Blue Ridge Parkway are also nearby. The property is located in one of Banner Elk's desirable areas.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Hotel & Motel 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
    -81.832574
    Latitude
    36.192758

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    FAQs

    What type of property is this?
    Land - 2.11-acre lot near Banner Elk with trout stream access.
    Where is this land located?
    The property is located at 29 Lee Gualtney Rd Banner Elk, NC.
    What is the asking price?
    The asking price for this property is $139,000.
    What are key features of this property?
    This property features: - 2.11 acre lot, nearly ready to build; - Allowed to accommodate TWO cabins; - Seasonal Mountain Views and access to a Trout Stream
    (828) 386-1086
    Request Owner's contact information
    29 Lee Gualtney 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
    29 Lee Gualtney Rd Banner Elk, NC 28604
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