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$120,000
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Property Description
Welcome to Bear Run, one of Banner Elk's premier subdivisions, rapidly growing into a highly coveted mountain community. This lot is a great opportunity to build your dream home in a scenic and convenient location. The lot is located on the up-hill side of the development where it overlooks the rest of the development and will have great view of Beech mountain. Situated just 1.5 miles from downtown Banner Elk, you'll enjoy easy access to charming shops, top-rated restaurants, hiking trails, Skiing, and much more. No need to worry about well or septic-city water and sewer are available in this community, along with electric, high-speed internet, cable, and natural gas. A city maintained, paved road leads directly to the lot, which offers views of Beech Mountain. Located just a few minutes from Sugar Mountain and Beech Mountain, which allows easy access to skiing, hiking, and all-season recreation. Long-term rentals are permitted making this a fantastic option for both personal use and investment.
Full Property Details
Full Property Details for Lot 36 Running Bear Circle
General
- Sold For: $120,000
- HOA FEE: $42/month
- HOA FEE FREQ.: Annually
- Taxes: $430
- Status: Closed
- Type: Land Residential
- Source: 2217
- MLS ID: 253980
- Added to Site: 318 day(s) ago
Location
- Area: 8-Banner Elk
- County: Avery
- Subdivision: Bear Run
School Information
- Elementary School: Banner Elk
- Middle School: Avery
- High School: Avery County
Community
- Community Name: 8-Banner Elk
- Association: Yes
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Natural Gas Available, Sewer Available, Underground Utilities, Water Available, Cable Available, High Speed Internet Available
Structural Information
- Detached/Attached: Detached
Lot Features
- Lot Size (Acres): 0.44
- Lot Size: .44
- Road Maintenance: Public Maintained Road
- Topography: Sloping
Financial Considerations
- Association Fee: $500
- Assoc Fee Freq.: Annually
- Tax Amount: $430
- Terms: Cash, Conventional, New Loan
Disclosures and Reports
- Property ID: 1858-10-35-9623-00000
- Lot Number: 36
Listed by The Summit Group Of The Carolinas
Sold by The Summit Group Of The Carolinas
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Price & Sales History for Lot 36 Running Bear Circle
Date
Details
Price
Change
Source
7/23/2025
Sold
$120,000
-4%
MLS
3/06/2025
Listed
$125,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Lot 36 Running Bear Circle, Banner Elk, NC 28604 (MLS# 253980) is a Land Residential property that was sold at $120,000 on July 23, 2025. Want to learn more about Lot 36 Running Bear Circle? Do you have questions about finding other Land Residential real estate for sale in Banner Elk? You can browse all Banner Elk real estate or contact a Coldwell Banker agent to request more information.

