Sold
Last Sold Price
2,178,000 Lot Size50 Acres
431 Old Turnpike Rd, Banner Elk, NC 28604
LandProperty Type
50 acresLot Size

Description

Rare Find 5th Generation Family owned large parcel in Banner Elk City Limits! Fenced 50 Acre mountain with pasture, barns and top of the world views of Grandfather Mountain, Sugar Mountain and Beech Mountain. The property is located only a 1/4 mile to Lees McRae College. With City Water/Sewer, this property will make a great estate or development. A new driveway was recently installed for easier access. Check out this dream property!Rare Find 5th Generation Family owned large parcel in Banner Elk City Limits! Fenced 50 Acre mountain with pasture, barns and top of the world views of Grandfather Mountain, Sugar Mountain and Beech Mountain. The property is located only a 1/4 mile to Lees McRae College. With City Water/Sewer, this property will make a great estate or development. A new driveway was recently installed for easier access. Check out this dream property!
  • Listed by: • Blue Ridge Realty & Associates Porsha@blueridgerealtywnc.com
Listing closed: 07/03/2020 12:00 AM • Source: CANOPY, MLS#: 3524435

Recent comparable sales

Median sold price

$585,000

Avg days on market

198

Sale-to-list ratio

89.4%

Banner Elk, NC

9 comparable properties found

$600,000 | 0 Highway 194, Banner Elk, NC 28604
1/31
1

$600,000

Sold 12/23/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
43.91
Acres
a view of a city with mountains in the background
1/13
2

$79,900

Sold 12/23/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.41
Acres
a view of mountain with lake view
1/42
3

$725,000

Sold 01/08/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
6.35
Acres
a view of a street with a building in the background
1/17
4

$170,000

Sold 07/02/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.1
Acres
a view of a garden with a building in the background
1/6
5

$86,500

Sold 07/24/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.21
Acres
a view of a sky
1/9
6

$850,000

Sold 12/05/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
9.73
Acres
$800,000 | L-23 Banner Vly Trail, Banner Elk, NC 28604
1/51
7

$800,000

Sold 08/27/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.57
Acres
a view of outdoor space and mountain view
1/12
8

$530,000

Sold 11/04/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.75
Acres
$585,000 | L28 Oz View Trail, Banner Elk, NC 28604
1/24
9

$585,000

Sold 07/31/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.81
Acres

Location

Listing Courtesy of Blue Ridge Realty & Associates

Sold By Blue Ridge Realty & Associates

Add your commute

Payment Calculator

$3,811 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,705

Property Taxes

$106

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 431 Old Turnpike Road

Property Details
  • MLS Type: Land / Acreage
  • County: Avery County
  • View: Long Range, Mountain(s), Year Round
  • Community Features: None
Building Information
  • Lot Size: 50.00 AC
Summary
Location and General Information
  • Road Frontage Type: City Street, County Road
  • Longitude: -81.862605
  • Road Frontage Length: 155.0
  • Latitude: 36.167768
  • Directions: From Banner Elk take HWY 194 to slight left on Old Turnpike East Road, Arrive at property on left.
Taxes and HOA Information
  • HOA YN: No
  • HOA Subject To: None
  • HOA Subject To Dues: No
  • Tax Assessed Value: $1,165,500.00
  • Parcel Number: 1859-14-43-5333-00000
  • City Taxes Paid To: Banner Elk
School Information
  • Middle Or Junior School: Avery County
  • High School: Avery County
  • Elementary School: Banner Elk
Property
Lot Information
  • Elevation: 4000
  • Wooded Area: 38.0
  • Acres Cleared: 12.0
  • Sq Ft Building Minimum: 0
  • Lot Features: Orchard(s), Pasture, Sloped, Steep Slope, Wooded
  • Lot Size Acres: 50.0
  • Lot Size Units: Acres
  • Possible Use: Cattle, Farm, Horses, Pasture/Grazing, Residential, Subdevelopment
  • Property Type: Land
Property and Assessments
  • Photos Count: 14
  • Road Responsibility: Publicly Maintained Road
  • Proposed Special Assessment: No
  • Restrictions: Other - See Remarks
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Gas, Phone Connected, Underground Utilities
  • Water Source: City, Spring
Interior and Exterior Features
Exterior Features
  • Exterior Features: Fence
  • Fencing: Full, Partial
  • Road Surface Type: Paved
  • Horse Amenities: Hay Storage
  • Other Structures: Barn(s), Feed Barn, Hay Storage, Tractor Shed, Other - See Remarks
Interior Features
  • Habitable Residence YN: No
  • Foundation Details: None
Room Information
Room Information
  • Room Count: 0.0
Rental
Rent Information
  • Lease Considered YN: No

Property History for 431 Old Turnpike Road

DateEvent & SourcePriceAppreciation
Jul 3, 2020

Closed

CANOPY #3524435

$729,000
Mar 5, 2020

Under Contract-No Show

CANOPY #3524435

Jul 2, 2019

Listed (Active)

CANOPY #3524435

$829,000
DateEvent & SourcePrice
07/03/2020

Closed

CANOPY #3524435

$729,000
03/05/2020

Under Contract-No Show

CANOPY #3524435

07/02/2019

Listed (Active)

CANOPY #3524435

$829,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 431 Old Turnpike Road

Taxable ValueLand$1,165,500Additions-Total$1,165,500
Tax Record2021$1,277 ($106 / month)
Home Facts
Lot Size2,725,549 SqFtStyleAgricultural / RuralYear Built1945Year Renovated1945CountyAVERYAPN18591443533300000

Schools near 431 Old Turnpike Road

This home is within Avery County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Banner Elk Elementary School
PublicPK to 5

Avery Middle
Public6 to 8

Avery County High School
Public9 to 12

Avery County High School STEM Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 28604

$515,000 | 132 Rocky Top, Unit 23C, Sugar Mountain, NC 28604
1/38

$515,000

2
Bedrooms
1,266
Square Feet
$238,000 | 161 Skyleaf Drive, Unit E20, Sugar Mountain, NC 28604
1/32
New

$238,000

1
Bedrooms
630
Square Feet
$199,900 | 236 Cloudrise Lane, Banner Elk, NC 28604
1/37
New

$199,900

2
Bedrooms
960
Square Feet
0.76
Acres
$449,000 | S-124 S-124 Silver Eagle Trail, Banner Elk, NC 28604
1/20
New

$449,000

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.5
Acres
$383,000 | 114 Mill Pond Lane, Beech Mountain, NC 28604
1/35
New

$383,000

2
Bedrooms
1,110
Square Feet
1.35
Acres
$875,000 | 270 Elk Hill Drive, Banner Elk, NC 28604
1/46
Virtual TourNew

$875,000

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.39
Acres
$875,000 | 270 Elk Hill Drive, Banner Elk, NC 28604
1/46
Virtual TourNew

$875,000

6
Bedrooms
3,302
Square Feet
0.39
Acres
$349,900 | 180 Hanging Rock Villas, Unit 521, Seven Devils, NC 28604
1/31

$349,900

2
Bedrooms
980
Square Feet
$460,000 | 211 Wild Daisy Lane, Beech Mountain, NC 28604
1/22

$460,000

3
Bedrooms
1,456
Square Feet
0.74
Acres

Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Blue Ridge Realty & Associates

Based on information submitted to the MLS GRID as of 04/01/2021 09:29 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.