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$49,900
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Property Description
Elk River Refuge building lot located in Avery County, NC, features approximately 100 feet of frontage on the Elk River, a hatchery-supported trout stream. The lot offers gently sloping topography, ideal for building. A reissuance is underway for a 2017 three-bedroom septic permit. The community restrictive covenants include no minimum square footage requirement. Annual fees include a $300 HOA charge and $100 for road maintenance. Both site-built and modular homes are permitted. The lot is conveniently situated just 1 mile from the Elk River's hatchery-supported section and the Pisgah National Forest. Elk River Falls (with parking) is only 1.3 miles away. The towns of Banner Elk and Newland, NC, are approximately 10 miles from the property.
Full Property Details
Full Property Details for 2873 Elk River Rd
General
- Sold For: $49,900
- HOA FEE: $25/month
- HOA FEE FREQ.: Annually
- Taxes: $340
- Status: Closed
- Type: Lots/Land
- Source: Triad_MLS
- MLS ID: 1194030
- Added to Site: 189 day(s) ago
Location
- County: Avery
- Driving Directions: From US 19E in Elk Park, NC head NE on Little Elk Road 0.1 miles, LT Old Mill Rd 0.1 miles, RT on Elk River Rd and continue 2.8 miles on Elk River Road, LT on Water Sound (Pvt) Drive. Property on right in approx 50 feet.
Community
- Association: Yes
Lot Features
- Lot Size (Acres): 0.606
- Frontage: 2-Lane, Public, See Remarks
- Frontage Feet: Total Road Frontage:
- Street/Road Desc.: Paved
- Lot Features: See Remarks
- Best Use: Fishery, Hunting, Recreational, Single Family
Financial Considerations
- Price Per Acre: $82,343.2343
- Association Fee: $300
- Assoc Fee Freq.: Annually
- Other Assoc Fees: $100
- Tax Amount: $340
Disclosures and Reports
- Special Conditions: Owner Sale
- Deed Restrictions: Yes
- Lot Number: 4
Listed and Sold by Shipley Co LLC
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Schools
Schools serving 2873 Elk River Rd
School District:Avery County Schools
| Name | Grades | Distance |
|---|---|---|
Freedom Trail Elementary School 6110 North US Hwy 19E, Elk Park, NC 28622 | PK-5 | 2.8 mi |
Cranberry Middle School 6230 North US Highway 19E, Elk Park, NC 28622 | 6-8 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2873 Elk River Rd
Date
Details
Price
Change
Source
12/02/2025
Sold
$49,900
—
MLS
10/03/2025
Price Reduced
$49,900
-26.51%
MLS
8/28/2025
Listed
$67,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2873 Elk River Road, Elk Park, NC 28622 (MLS# 1194030) is a Lots/Land property that was sold at $49,900 on December 02, 2025. Want to learn more about 2873 Elk River Road? Do you have questions about finding other Lots/Land real estate for sale in Elk Park? You can browse all Elk Park real estate or contact a Coldwell Banker agent to request more information.

