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    36 Summit Park Dr Banner Elk, NC 28604

    For Sale
    $450,000

    Land, Other - Banner Elk, NC

    Lot size:
    5.37 Acres
    Days on Market:
    94
    Last Refresh:
    Dec 14 at 7:06 am

    Property Features for 36 Summit Park Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1847-01-19-8647-00000
    Interior features
    High Speed Internet
    Lot size
    5.37 Acres

    Building Details

    Architectural style
    Other

    Engel & Völkers Banner Elk (828) 898-3808 [email protected]

    Listing agent Jeff Vermillion (828) 898-3808

    Listing date Sep 12, 2025

    MLS# 256277 Listing URL

    Copyright © 2025 Engel & Völkers. 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 Homesite with Mountain Views

    Discover a homesite nestled in a premier gated subdivision, located on the most coveted street at the top of the mountain community. This wooded lot, spanning 5.37 acres, offers layered, long-range mountain views. The community provides a 24/7 manned guard gate, underground utilities, and well-maintained roads. Elk River Club is a 1200 acre mountain subdivision with member amenities including a Jack Nicklaus Signature Golf Course, Tennis facility with 6 Har-Tru Courts, Fitness Center, Pool, Equestrian Center, Pickleball and members only Airport with runway strip. The property is located in Banner Elk, NC.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency 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
    -81.906165
    Latitude
    36.132747

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    FAQs

    What type of property is this?
    Residential land & home lot - Dream homesite in gated community with long-range mountain views.
    Where is this residential land & home lot located?
    The property is located at 36 Summit Park Dr Banner Elk, NC.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Stunning, layered long-range mountain views.; - Located in a premier, gated subdivision on the most coveted street.; - 24/7 manned guard gate for security.
    (828) 898-3808
    Request Owner's contact information
    36 Summit Park Dr 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
    36 Summit Park Dr Banner Elk, NC 28604
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