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Land in Premier Banner Elk
For Sale
$110,000

31 & 32 Running Bear Circle, Banner Elk, NC 28604

LAND - Banner Elk, NC

Lot Size0.94 Acres
Days on Market461

Property Features for 31 & 32 Running Bear Circle

General Information

Property type Land
Property subtype Other
Subdivision Bear Run
Standard status Active
Lot size 0.94 Acres
Listing Agency: The Summit Group Of The Carolinas
Listed By: Marsha McManus
Added: Apr 28, 2025 Changed: May 1 Last Checked: Aug 1 at 5:06PM
MLS# 255075

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.

Investment Insights

Based on property information with market context.

Located in Bear Run, a rapidly growing subdivision 1.5 miles from downtown Banner Elk, these two lots are being sold together, creating a 0.94-acre property. The development offers city water and sewer, underground electric, high-speed internet, cable, and natural gas. A city-maintained, paved road provides direct access to the lot. Driveway access is across lots 33 and 32. The property offers views of Banner Elk and is located a few minutes from Sugar Mountain, Beech Mountain, and the Blue Ridge Parkway, providing access to skiing, hiking, and all-season recreation. Long-term rentals are permitted, making this a suitable option for personal use and investment.

Key Highlights

  • Prime location: Just 1.5 miles from downtown Banner Elk and minutes from Sugar Mountain, Beech Mountain, and the Blue Ridge Parkway.
  • Desirable Community: Located in Bear Run, a premier and rapidly growing mountain community.
  • Utilities Included: City water and sewer, underground electric, high‑speed internet, cable, and natural gas.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Auto Parts Store Locksmith Garden Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

139
Businesses Nearby

Demographics for 28604, NC

7,050
Population
9,148
Households
0.8
Avg Household Size
48
Median Age
44%
College-Educated
93%
High-School Grad
68.7 sq mi
ZIP Area
103
Density / Sq Mi
$64,052
Median Household Income
$31,341
Median Earnings
$932
Median Rent
$319,200
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two lots totaling 0.94 acres in Banner Elk, NC.
Where is this residential land & home lot located?
The property is located at 31 & 32 Running Bear Circle Banner Elk, NC.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Prime location: Just 1.5 miles from downtown Banner Elk and minutes from Sugar Mountain, Beech Mountain, and the Blue Ridge Parkway.; Desirable Community: Located in Bear Run, a premier and rapidly growing mountain community.; Utilities Included: City water and sewer, underground electric, high‑speed internet, cable, and natural gas.
More about this property
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