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244791 Banner Elk, NC 28604
50.920
Acres
$8,495,000
Pending
Introducing a remarkable investment opportunity: the old Cannon Memorial Hospital including 50.92 prime acres located in Banner Elk, just moments away from Lees-McRae College, the Elk River, the town park, and a host of amenities including hiking/mountain bike trails, shopping, and great restaurants. This expansive tract boasts approval for multifamily (R-2) development, while the front two acres are already zoned for general business (C-2). Offering breathtaking views of the Mill Pond and Elk River, as well as captivating long-range vistas, this property presents an idyllic setting for those seeking privacy without compromising convenience. With multiple building sites, stunning views, endless investment opportunities, and an unbeatable location amidst the heart of Banner Elk, this is an unparalleled chance to create a unique, in-town community. Don't miss out on this extraordinary opportunity!
Listing ID:
244791
Property Type:
BuildingLand
Year Built:
1960
Acres:
50.920
Map
Latitude: 36.156878 Longitude: -81.866692
Location & Neighborhood
City: Banner Elk
County: Avery
Area: 8-Banner Elk
Subdivision: None
Environment
Utilities & Features
Heat: Electric, Heat Pump
Sewer: Public Sewer
Parking: Parking Spaces
Interior
Exterior
Exterior: None
Construction
Construction: Brick, Wood Frame
Roof: Asphalt, Shingle
Financial
Property Taxes: $0
Other
Price Per Sqft: N/A
Price Per Acre: $166,830
The data relating this real estate listing comes in part from the High Country Multiple Listing Service ®. Real estate listings held by brokerage firms other than the owner of this website are marked with the MLS IDX logo and information about them includes the name of the listing broker. The information appearing herein has not been verified by the High Country Association of REALTORS or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing on this website, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose -- the information is believed accurate but not warranted.
Ashe High Country Realty, Inc.
7 S Jefferson Ave,
West Jefferson, NC 28694, USA
Ashe High Country Realty® offers twelve full-time Realtors who live, work and play in Ashe County. Ask our knowledgeable professionals about Ashe County and the surrounding areas of NC today.
Licensed in North Carolina and Virginia
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