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    54 Pinnacle Dr Elk Park, NC 28622

    For Sale
    $199,000

    Land - Elk Park, NC

    Lot size:
    1.10 Acres
    Days on Market:
    231
    Last Refresh:
    Dec 9 at 5:06 pm

    Property Features for 54 Pinnacle Dr

    General Information

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

    Building Details

    Architectural style
    Other

    Fathom Realty NC, LLC (704) 201-8946 [email protected]

    Listing agent Stephen McDaniel (888) 455-6040

    Listing date Apr 23, 2025

    MLS# 255023 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

    Elk Park Land with Views

    This 1.1-acre lot is located within the Headwaters at Banner Elk community and offers year-round, long-range views and sunset views from its high knoll setting. Situated at approximately 3,800 feet elevation, the lot is near community amenities. Headwaters at Banner Elk features a 6,000 square foot Clubhouse with a theater room, fitness room, and kitchen, along with a tennis court with pickle ball, two community lakes, a lake pavilion, hiking trails, a waterfall, a Deer Park community space with walking trails and tree houses, a dog park location, and a staffed gated entrance. The property is located close to Banner Elk, Beech Mountain, skiing, shopping, and dining. Short term rentals are permitted with a 7-night minimum stay. The property previously had a 3-bedroom septic permit.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Elk Park
    County
    Avery
    State
    North Carolina
    Longitude
    -81.9572
    Latitude
    36.1731

    Nearby Similar for Sale

    • $985,000

      Commercial Property Near Banner Elk

      Versatile commercial property with high visibility and ample parking.
      6460 Banner Elk Pkwy, Elk Park, NC 28622
      View Details

    FAQs

    What type of property is this?
    Land - 1.1 acre lot with long-range views in Headwaters community.
    Where is this land located?
    The property is located at 54 Pinnacle Dr Elk Park, NC.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Enjoy year-round long-range sunset views from this high-elevation lot (approx. 3,800 ft).; - Access extensive community amenities, including a 6,000 sq ft clubhouse, tennis/pickleball court, two lakes, hiking trails, waterfall, Deer Park with walking trails and tree houses, and a dog park.; - Located in Headwaters at Banner Elk, a gated community with staffed entrance.
    (888) 455-6040
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    54 Pinnacle Dr Elk Park, NC 28622
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    Elk Park, NC 28622
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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
    54 Pinnacle Dr Elk Park, NC 28622
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