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114 Orchard Ln 3.7 Acres of Commercial Land Offered at $1,295,000 in Banner Elk, NC 28604

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INVESTMENT HIGHLIGHTS

  • Nestled in the active Mountain Community of Banner Elk
  • 5 Minutes to Sugar Mountain Resort
  • Banner Elk is the jewel of the High Country
  • Across from Banner Elk Elementary School, just off Tynecastle Highway
  • 15 Minutes from Grandfather Mountain
  • Close to skiing, biking, hiking and golf

EXECUTIVE SUMMARY

114 Orchard Lane (Hwy 184) in Banner Elk is less than a mile from the major intersection at Highway 105, and a short drive to Grandfather Mountain, Sugar Mountain, Beech Mountain, and Downtown Banner Elk! This ± 3.7 acreage commercial site is adjacent to Tynecastle Highway and provides for a number of development opportunities, including the potential for a hotel, multi-family/condos, retail, and more! A central location makes this an easily accessible tract for tourists visiting the ski slopes and National Park Service land, with Grandfather Mountain and Linville both in close proximity!

PROPERTY FACTS

Price $1,295,000
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Restaurant
Total Lot Size 3.70 AC
Zoning C2 - Commercial Two, - typically allows for a range of commercial, retail, and business uses.

1 LOT AVAILABLE

Lot

Price $1,295,000
Price Per AC $350,000.00
Lot Size 3.70 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 1858-15-64-2977-00000
  • 1858-15-64-4972-00000
Land Assessment
$483,600
Improvements Assessment
$0
Total Assessment
$483,600
  • Listing ID: 37380933

  • Date on Market: 8/22/2025

  • Last Updated:

  • Address: 114 Orchard Ln, Banner Elk, NC 28604

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