Land For Sale Near Banner
For Sale
$250,000
Tower Road, Newland, NC 28657
Land, Newland, NC
Property SizeContact for details
Lot Size8.40 Acres
Days on Market319
Property Features for Tower Road
General Information
Property type
Land
Property subtype
Other
Subdivision
9-Linville
Standard status
Active
Lot size
8.40 Acres
Listing Agency:
The Summit Group Of The Carolinas
(828) 898-3500
Listed By:
Marsha McManus
(828) 260-2490
Added: Oct 31, 2025
Changed: Sep 12
Last Checked: Sep 14 at 3:06AM
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
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
Questions? Ask Rey
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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
