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.