Tower Road Newland, NC 28657

Listing agency The Summit Group Of The Carolinas s***@skybest.com Show Phone

Listed by Marsha McManus Show Phone

Added: Oct 31, 2025 Updated: May 1 at 10:08AM Checked: Jul 21 at 12:06PM

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MLS# 258853

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.

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Investment Insights

Based on property information with market context.

This property features approximately 5 acres of gently sloping land situated conveniently between Banner Elk and Newland, just off Hickory Nut Gap Rd. The land offers a blend of open pasture and wooded areas, enhancing its natural appeal. A pond is located on the property. Preliminary survey work has explored the possibility of dividing a portion of the acreage into approximately four lots, each around 0.9 acres. A natural area resembling an old roadbed is already in place. The property could potentially accommodate four rental cabins, in addition to providing access to the pond. Restrictions limit development to a maximum of four houses if the land is subdivided, and prohibit trailers. The total lot size is 8.4 acres.

Key Highlights

• 5 +/- acres of gently sloping land
• Conveniently located between Banner Elk and Newland
• Mix of open pasture and wooded areas

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FAQs

What type of property is this?

Land - Gently sloping land near Banner Elk with pasture and woods.

Where is this land located?

The property is located at Tower Road Newland, NC.

What is the asking price?

The asking price for this property is $250,000.

What are key features of this property?

This property features: 5 +/- acres of gently sloping land; Conveniently located between Banner Elk and Newland; Mix of open pasture and wooded areas