Land with Mountain View
For Sale
$140,000
Lot 4B & 5 Chestnut Mountain Road, Banner Elk, NC 28604
3.836-acre property in gated community near Banner Elk.
Property SizeContact for details
Lot Size3.84 Acres
Days on Market305
Property Features for Lot 4B & 5 Chestnut Mountain Road
General Information
Standard status
Active
Lot size
3.84 Acres
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$297
Amenities
Level
Steep Slope
Wooded
Listing Agency:
REALTY ONE GROUP RESULTS-BANNE
(828) 898-4663
Listed By:
BRAD PALATUCCI
Source:
Corcoran
Added: Oct 21, 2025
Changed: Aug 8
Last Checked: Jul 17 at 4:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REALTY ONE GROUP RESULTS-BANNE
Investment Insights
Based on property information with market context.
This 3.836-acre property offers long-range mountain view potential within a gated community. Located just 8 minutes from downtown Banner Elk and 12 minutes from the Valle Crucis area, the property combines space, views, privacy, serenity, and a convenient location. Views are currently visible and can be enhanced with tree trimming. A roughed-in driveway leads to a clearing suitable for building, offering privacy and elevated views. An additional driveway provides access to a lower cleared area with views, ideal for an outdoor space. A shared community spring box is located on the lot, providing easy access to water. A three-bedroom septic system has been approved through the Watauga County Health Department in 2025. Underground power is available at the front of the property, and high-speed internet is accessible throughout the community. Chestnut Hill is a gated subdivision in the Matney section of Banner Elk, offering a blend of natural beauty and an upscale atmosphere. This buildable property is convenient to amenities in both Banner Elk and Valle Crucis. The listing agent is the seller.
Key Highlights
- Long‑range mountain view potential, maximized with tree trimming.
- Approved three‑bedroom septic system (approved in 2025) and shared community spring box for water.
- Located in a gated community (Chestnut Hill) offering privacy and security.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 3.836-acre property in gated community near Banner Elk.
Where is this residential land & home lot located?
The property is located at Lot 4B & 5 Chestnut Mountain Road Banner Elk, NC.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Long‑range mountain view potential, maximized with tree trimming.; Approved three‑bedroom septic system (approved in 2025) and shared community spring box for water.; Located in a gated community (Chestnut Hill) offering privacy and security.
