Land Near Downtown Banner
For Sale
$119,900
Hemlock Place lot 1, Banner Elk, NC 28604
LAND - Banner Elk, NC
Lot Size0.74 Acres
Days on Market407
Property Features for Hemlock Place lot 1
General Information
Property type
Land
Property subtype
Other
Subdivision
Elk River Heights
Standard status
Active
Lot size
0.74 Acres
Listing Agency:
The Summit Group Of The Carolinas
(828) 898-3500
Listed By:
Marsha McManus
(828) 898-3500
Added: Jun 21, 2025
Changed: May 23
Last Checked: Aug 1 at 5:06PM
MLS# 256377
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 0.74-acre land parcel is located minutes from Downtown Banner Elk and Lees-McRae College. It offers available water connection, private sewer, and paved road access. The property's natural grade and access from the top of the lot provide an opportunity to selectively open up the trees and create a mountain view. Native rock formations are present at the base of the property, and the Elk River is nearby. The location is a short drive from Beech Mountain, Sugar Mountain, local restaurants, grocery stores, and other High Country amenities. It is an ideal site for a spec home, rental investment, or full-time residence.
Key Highlights
- Minutes from Downtown Banner Elk and Lees‑McRae College.
- Available water connection and private sewer.
- Paved road access.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
25
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 - Land with water connection, sewer, and paved road access.
Where is this residential land & home lot located?
The property is located at Hemlock Place lot 1 Banner Elk, NC.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: Minutes from Downtown Banner Elk and Lees‑McRae College.; Available water connection and private sewer.; Paved road access.
