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    Tbd Tower Rd Newland, NC 28657

    Sponsored
    For Sale
    $179,000

    Land - Newland, NC

    Lot size:
    5.00 Acres
    Days on Market:
    69
    Last Refresh:
    Jan 8 at 12:06 am

    Property Features for Tbd Tower Rd

    General Information

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

    Building Details

    Architectural style
    Other

    The Summit Group of the Carolinas (828) 898-3500 [email protected]

    Listing agent Marsha McManus (828) 898-3500

    Listing date Nov 1, 2025

    MLS# 258853 Listing URL

    Copyright © 2026 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 Near Banner Elk

    This property features approximately 5 acres of gently sloping land, situated between Banner Elk and Newland, North Carolina, off Hickory Nut Gap Road. The land is characterized by a mix of open pasture and wooded areas, and includes a pond. A preliminary survey has been conducted to explore the possibility of dividing a portion of the acreage into four lots, each approximately 0.9 acres. The property also contains a natural area resembling an old roadbed. The land is suitable for building, with potential for constructing multiple rental cabins. Restrictions include a minimum of four houses if the land is subdivided and prohibit trailers.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Newland
    County
    Avery
    State
    North Carolina
    Longitude
    -81.9499
    Latitude
    36.0227

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    FAQs

    What type of property is this?
    Land - 5+/- acres of gently sloping land with pasture and woods.
    Where is this land located?
    The property is located at Tbd Tower Rd Newland, NC.
    What is the asking price?
    The asking price for this property is $179,000.
    What are key features of this property?
    This property features: - 5 +/- acres of land in a convenient location between Banner Elk and Newland.; - Combination of open pasture and wooded areas.; - Includes a pond.
    (828) 260-2490
    Request Owner's contact information
    Tbd Tower Rd Newland, NC 28657
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    Newland, NC 28657
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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
    Tbd Tower Rd Newland, NC 28657
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