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Unrestricted Land with Road Frontage
For Sale
$2,000,000

455 Shawnee Road, Banner Elk, NC 28604

LAND - Banner Elk, NC

Lot Size42.43 Acres
Days on Market51

Property Features for 455 Shawnee Road

General Information

Property type Land
Property subtype Other
Subdivision 8-Banner Elk
Standard status Active
Lot size 42.43 Acres
Listing Agency: Boone Real Estate
Listed By: Joel Farthing · License #323688
Added: Jun 11 Changed: Jun 15 Last Checked: Jul 31 at 2:06AM
MLS# 262577

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.

This is an unrestricted 42.43-acre tract offered for sale with on-site power and a natural water feature. Shawneehaw Creek originates on the property, which may support livestock watering needs. Elevations rise from approximately 4,200 to 4,500 feet, and the land includes pastures that are described as ready to be reclaimed and put back into horse or livestock use. A house and outbuildings are included but are given no value and are sold as-is, depending on a buyer’s intended use.

The property has frontage on both Shawnee Road and Old Farm Road, providing two points of access and flexibility for planning. It is located about five minutes from downtown Banner Elk in Watauga County, North Carolina, with the property’s topography climbing through the mid-elevation range.

For buyers seeking a private estate setting or an operational site for horses and livestock, the combination of unrestricted land, pasture area, power availability, and creek source creates practical options for redevelopment and continued agricultural use. Cash-only terms apply, and buyers should plan to evaluate the existing structures during their due diligence since they are sold as-is and carry no assigned value.

Key Highlights

  • Unrestricted acreage with frontage on both Shawnee and Old Farm Road
  • Shawneehaw Creek originates on the property, offering potential water for livestock
  • Elevations range from 4,200 to 4,500 ft

Property Analytics

Current Use

Agricultural land / Farmland

Suggested Use

Top Pick Garden Center Real Estate Agency Restaurant Law Firm Bed & Breakfast Hotel & Motel

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

Lease Details

Yes
Heavy power
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

18
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Unrestricted acreage with power on-site and frontage on two roads, offering flexibility for estate, horses, or livestock use.
Where is this agricultural land / farmland located?
The property is located at 455 Shawnee Road Banner Elk, NC.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Unrestricted acreage with frontage on both Shawnee and Old Farm Road; Shawneehaw Creek originates on the property, offering potential water for livestock; Elevations range from 4,200 to 4,500 ft
More about this property
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