Listing Agency: The Summit Group Of The Carolinas s***@skybest.com Show Phone

Listed By: Marsha McManus Show Phone

Added: Oct 31, 2025 Changed: May 1 Last Checked: Jul 30 at 11:06PM

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MLS# 258853

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 property features approximately 5 acres of gently sloping land situated conveniently between Banner Elk and Newland, just off Hickory Nut Gap Rd. The land offers a blend of open pasture and wooded areas, enhancing its natural appeal. A pond is located on the property. Preliminary survey work has explored the possibility of dividing a portion of the acreage into approximately four lots, each around 0.9 acres. A natural area resembling an old roadbed is already in place. The property could potentially accommodate four rental cabins, in addition to providing access to the pond. Restrictions limit development to a maximum of four houses if the land is subdivided, and prohibit trailers. The total lot size is 8.4 acres.

Key Highlights

• 5 +/- acres of gently sloping land
• Conveniently located between Banner Elk and Newland
• Mix of open pasture and wooded areas

Property Analytics

Current Use

Land

Location Intelligence

Trade Area within ½ mile

7

Businesses Nearby

Explore this area Business Placement

Demographics for 28657, NC

9,086

Population

6,249

Households

1.5

Avg Household Size

49

Median Age

25%

College-Educated

91%

High-School Grad

160.0 sq mi

ZIP Area

57

Density / Sq Mi

$56,371

Median Household Income

$35,045

Median Earnings

$748

Median Rent

$223,600

Median Home Value

Market

Properties on Market for Land in Newland

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Frequently Asked Questions

What type of property is this?

Land - Gently sloping land near Banner Elk with pasture and woods.

Where is this land located?

The property is located at Tower Road Newland, NC.

What is the asking price?

The asking price for this property is $250,000.

What are key features of this property?

This property features: 5 +/- acres of gently sloping land; Conveniently located between Banner Elk and Newland; Mix of open pasture and wooded areas