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455 Shawnee Rd - 42 Acres of Land near Banner Elk, NC 42.43 Acres of Agricultural Land Offered at $2,000,000 in Banner Elk, NC 28604



Investment Highlights
- Beautiful, expansive views
- Proximity to airport, Eagles Nest, Banner Elk Winery
- Opportunity for development
Property Facts
| Price | $2,000,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Agricultural |
| Sale Condition | Distress Sale | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 42.43 AC |
| Price | $2,000,000 |
| Sale Type | Investment |
| Sale Condition | Distress Sale |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Proposed Use | |
| Total Lot Size | 42.43 AC |
1 Lot Available
Lot
| Price | $2,000,000 | Lot Size | 42.43 AC |
| Price Per AC | $47,136.46 |
| Price | $2,000,000 |
| Price Per AC | $47,136.46 |
| Lot Size | 42.43 AC |
42+ acre original Appalachian Mountain farmstead with luxury home development potential. Located in Watauga County, North Carolina between Banner Elk and Valle Crucis and part of the Old Beech Mountain community.
Description
This Appalachian Mountain family farm is located just outside the town of Banner Elk, North Carolina and is situated in the Old Beech Mountain community, where luxury home development is underway. In a very rural setting, this former cattle farm is located on Shawnee Road, a paved road that dead-ends just beyond the Monteagle Development. The property has southern exposure, and long-range views. The original farmhouse has been unoccupied for a number of years, and the original farm buildings remain in place, all accessible to the public road. The tract is located on the Watauga/Avery County line. [Just off of Highway NC 194, a State "Scenic Byway" between the Village of Valle Crucis and the Town of Banner Elk.] There is ample public road frontage, and topography consists of a mix of open field/pasture and hardwood timber growth. The surrounding area contains ski resorts, a winery, and numerous private, gated mountain development and golfing communities. Watauga County is the home of Appalachian State University, located in Boone and Avery County is the home of Lees McRae College, located in Banner Elk, less than ten minutes' drive from this property. The property is ideally suited for luxury home development, but would also make a beautiful homestead, equine facility, or private estate. While this property is near the town and ski resort of Beech Mountain, as the crow flies, this property is in an isolated section, on a dead-end state road, an area historically comprised of rural family farmsteads.
Presented by
Hedrick Law Office
455 Shawnee Rd - 42 Acres of Land near Banner Elk, NC
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