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$150,000
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Property Description
Introducing a rare secluded second-home or investment in a rapidly disappearing market. This forested tract of resort land is in a sought-after location near all the amenities Banner Elk has to offer. This well-priced property spans five acres of raw land (lots of native rhododendrons) with a slope that gradually ascends from a private gravel road with an incline at the top, bordering Elk River. Underground utilities to the house next door add great value to this lot. With the limited inventory in such proximity to Banner Elk's shopping, dining, walking trails, children's park, churches, Lees-McRae College, Sugar Mountain and Beech Mountain resorts, hiking, biking and Grandfather Mountain, this parcel presents a unique opportunity. Although there is no active POA in place, the old subdivision restrictions mandate a minimum 900 sq ft residence (could be a tiny home!) offering the perfect canvas to build your dream home. Several ideal building sites. Own an exceptional property in an area that ranked among the top 10% nationally for appreciation and start turning your dreams into a cool reality today.
Full Property Details
Full Property Details for Tract 3 Mountain Vista Ln
General
- Price: $150,000
- Taxes: $87
- Status: Active
- Type: Land Residential
- Source: 2217
- MLS ID: 260574
- Updated: 4/14/2026
- Added to Site: 60 day(s) ago
Exterior
- Exterior Features: None
Location
- Area: 8-Banner Elk
- County: Avery
- Subdivision: Donaldson Lands
School Information
- Elementary School: Banner Elk
- High School: Avery County
Community
- Community Name: 8-Banner Elk
- Association: Yes
Utilities
- Sewer: Not Connected
- Water: Not Connected
- Utility Description: Other, See Remarks, Underground Utilities
Structural Information
- Detached/Attached: Detached
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 5
- Lot Size: 5
- Frontage: Private Road, Gravel
- Topography: Sloping
- Lot Features: Steep Slope, Wooded
- Trees/Vegetation: Wooded
Water Features
- Water Front: Yes
Financial Considerations
- Assoc Fee Freq.: Other
- Tax Amount: $87.2
- Terms: Cash, New Loan
Disclosures and Reports
- Property ID: 184800207985
- Lot Number: 3
Listed by Bear Real Estate
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Price & Sales History for Tract 3 Mountain Vista Ln
Date
Details
Price
Change
Source
4/05/2026
Listed
$150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for Tract 3 Mountain Vista Ln
Tract 3 Mountain Vista Lane, Banner Elk, NC 28604 (MLS# 260574) is a Land Residential property with a lot size of 5 acres. Tract 3 Mountain Vista Lane is currently listed for $150,000 and was received on April 05, 2026. Want to learn more about Tract 3 Mountain Vista Lane? 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.

