Ready-to-Build Lot with Mountain
For Sale
$119,900
Lee Gualtney Road lot 29, Banner Elk, NC 28604
LAND - Banner Elk, NC
Lot Size2.11 Acres
Days on Market299
Property Features for Lee Gualtney Road lot 29
General Information
Property type
Land
Property subtype
Other
Subdivision
Elk Run
Standard status
Active
Lot size
2.11 Acres
Listing Agency:
Keller Williams High Country · Keller Williams Realty
(828) 386-1086
Listed By:
Preston Hadley
(404) 277-3545
Added: Oct 7, 2025
Changed: Jul 7
Last Checked: Aug 1 at 4:06PM
MLS# 258479
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 exceptional 2.11-acre lot is located in the Elk River subdivision and is nearly ready for construction. The property provides seasonal mountain views and access to a trout stream. Situated near the main gate, this homesite has been thoughtfully prepared and is ready for a mountain retreat. The lot features a partially cleared and gently sloping build area with road frontage, offering easy access and buildability. According to the HOA policy, the lot can accommodate two cabins. Elk Run allows a minimum build size of 895 square feet with no time limit to build. The property is located eight minutes from downtown, Wildcat Lake, and Sorrentos, in one of Banner Elk's desirable sections, with convenient access to restaurants, wineries, and skiing. Ski Beech and Sugar Mountain skiing are a few minutes away. Ownership includes access to community hiking trails and the trout stream. Grandfather Mountain State Park and the Blue Ridge Parkway are nearby. The property is located on Lee Gualtney Road, lot 29, in Banner Elk. This lot offers potential for a mountain getaway or a basecamp for outdoor adventures.
Key Highlights
- Ready‑to‑build 2.11‑acre lot with partially cleared, gently sloping build area.
- Enjoy seasonal mountain views and access to a trout stream.
- Conveniently located near Banner Elk's amenities: restaurants, wineries, skiing (Ski Beech and Sugar Mountain).
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
10
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
Market
Properties on Market for Land in Banner Elk
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Frequently Asked Questions
What type of property is this?
Land - Exceptional 2.11-acre lot near Banner Elk with trout stream.
Where is this land located?
The property is located at Lee Gualtney Road lot 29 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: Ready‑to‑build 2.11‑acre lot with partially cleared, gently sloping build area.; Enjoy seasonal mountain views and access to a trout stream.; Conveniently located near Banner Elk's amenities: restaurants, wineries, skiing (Ski Beech and Sugar Mountain).