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    46 W Silver Springs Dr Banner Elk, NC 28604

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    For Sale
    $85,000

    Land for sale in gated community near Banner Elk, NC.

    Property Features for 46 W Silver Springs Dr

    General Information

    Standard status
    Active

    Source: RE/MAX EXECUTIVE Agent JACKIE SMITH

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land with Mountain Views

    Lot 46 offers an opportunity to build a home with views of the High Country and a community pond. Situated in the gated Silver Springs Farm Estates community, the lot is surrounded by multimillion-dollar homes and is located within 1 mile of the town of Banner Elk. The neighborhood features natural beauty with mountain views, mountain streams, cool summer air, and accessible streets. Residents can enjoy a park and observation area. The location provides access to hiking, golfing, fishing, rafting, skiing, snow tubing, zip lining, shopping, dining, the Blue Ridge Parkway, and Grandfather Mountain. The community is wooded and landscaped, with a healthy HOA. Details of an approved builder program are available upon request. Discounts may be available for purchasing connecting lots.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Spa & Massage Law Firm Auto Repair Shop Clothing Store Pharmacy Gym & Fitness Kitchen & Bath Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Banner Elk
    County
    Watauga
    State
    North Carolina
    Longitude
    -81.886115
    Latitude
    36.161864

    Nearby Similar for Sale

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    • $599,000
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      Mixed-Use Building with Apartment Income

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      10545 Nc Highway 105, Banner Elk, NC 28604
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      Mixed-Use Building with Rental Income

      Commercial building with retail space and apartment rental income.
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    • $1,095,000

      Multi-Use Building Near Beech Mountain

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    FAQs

    What type of property is this?
    Land - Land for sale in gated community near Banner Elk, NC.
    Where is this land located?
    The property is located at 46 W Silver Springs Dr Banner Elk, NC.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: - Breathtaking mountain views and natural beauty within a gated community of luxury homes.; - Prime location: close to Banner Elk and High Country attractions.; - Private and secluded setting in a meticulously landscaped community with a healthy HOA.
    (704) 540-7500
    Request Owner's contact information
    46 W Silver Springs Dr Banner Elk, NC 28604
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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
    46 W Silver Springs Dr Banner Elk, NC 28604
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