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Forested Mountain Land with River Border
For Sale
$150,000

Tract 3 Mountain Vista Lane, Banner Elk, NC 28604

LAND - Banner Elk, NC

Lot Size5.00 Acres
Days on Market120

Property Features for Tract 3 Mountain Vista Lane

General Information

Property type Land
Property subtype Other
Subdivision Donaldson Lands
Standard status Active
Lot size 5.00 Acres
Listing Agency: Bear Real Estate
Listed By: Kim Hyatt
Added: Apr 5 Changed: Jun 12 Last Checked: Aug 2 at 6:06AM
MLS# 260574

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 offering is a 5-acre, raw forested land tract with a slope that gradually ascends from a private gravel road, with a steeper grade near the top. The property has several potential building sites and is described as having lots of flowering native rhododendrons. It also borders the Elk River Development, and underground utilities to the house next door are noted.

The parcel is located near Banner Elk and is positioned close to local walking trails, a children’s park, churches, and Lees-McRae College. The remarks also reference proximity to Sugar and Beech Mountain ski areas, along with hiking, biking, and Grandfather Mountain.

While there is no active POA in place, the old subdivision restrictions are described as requiring a minimum 900 sq ft residence, with the possibility that a tiny home could qualify depending on how the restriction is applied. For buyers looking for a secluded second-home or development-minded property, the combination of multiple building options, utility availability at the neighboring home, and a setting bordered by Elk River Development supports a range of residential build plans.

Key Highlights

  • 5‑acre forested tract of raw land with flowering native rhododendrons
  • Slope gradually ascends from a private gravel road, with a steep incline at the top
  • Bordering Elk River Development

Property Analytics

Current Use

Recreation land

Suggested Use

Top Pick Real Estate Agency Travel Agency Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Recreation land - 5-acre, forested tract with multiple building sites and an uphill approach from a private gravel road.
Where is this recreation land located?
The property is located at Tract 3 Mountain Vista Lane Banner Elk, NC.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 5‑acre forested tract of raw land with flowering native rhododendrons; Slope gradually ascends from a private gravel road, with a steep incline at the top; Bordering Elk River Development
More about this property
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