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    5 Larkspur Trl Banner Elk, NC 28604

    For Sale
    $55,000

    Land - Banner Elk, NC

    Lot size:
    1.01 Acres
    Days on Market:
    123
    Last Refresh:
    Dec 7 at 9:06 pm

    Property Features for 5 Larkspur Trl

    General Information

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

    Building Details

    Architectural style
    Other

    Blowing Rock Real Estate LLC. (828) 295-8485 [email protected]

    Listing agent Michelle Kowalski (828) 295-8485

    Listing date Aug 7, 2025

    MLS# 251353 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 Creek Frontage

    This 1.01-acre lot features creek frontage at the back of the property. Located in Banner Elk, North Carolina, the wooded lot has a gentle slope and offers the opportunity to build a mountain dream home or vacation rental. Underground utilities are available, and the lot provides easy access. An expired three-bedroom septic permit is on file. The property is situated in a convenient, central location within a short drive to Valle Crucis, Boone, Banner Elk, or Blowing Rock, providing access to area amenities. The adjacent lot is also listed for sale, presenting an opportunity for a spacious property or the construction of homes on each lot.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Spa & Massage Hotel & Motel Computer & Electronic Repair Travel Agency Bed & Breakfast Coworking Space Dry Cleaner

    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
    -81.7877507
    Latitude
    36.173025

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    • New
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    • New
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      Mixed-Use Building with Rental Income

      Commercial building with retail space and apartment rental income.
      10545 Nc Hwy 105 Hwy S, Banner Elk, NC 28604
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    • $1,095,000

      Multi-Use Building Near Beech Mountain

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    FAQs

    What type of property is this?
    Land - 1.01 acre lot with creek frontage near Banner Elk.
    Where is this land located?
    The property is located at 5 Larkspur Trl Banner Elk, NC.
    What is the asking price?
    The asking price for this property is $55,000.
    What are key features of this property?
    This property features: - Creek frontage on a 1.01 acre lot.; - Convenient central location near Valle Crucis, Boone, Banner Elk, and Blowing Rock.; - Underground utilities and easy access.
    (828) 295-8485
    Request Owner's contact information
    5 Larkspur Trl 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
    5 Larkspur Trl Banner Elk, NC 28604
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