Last Sold Price
52,707 Lot Size1.21 Acres
Farm Loop, Banner Elk, NC 28604

Description

Exceptional building lot in distinguished gated community of The Farm at Banner Elk. This oversized lot is a combination of two lots allowing for approximately 1.21 acres with wonderful mountain views. This lot has been cleared and is ready to build with utilities running to lot. The lot features a level building site offering many building options to maximize space and views. Leaving a natural rhododendron boundary and natural rock outcroppings are an added bonus. The gated community of The Farm...Exceptional building lot in distinguished gated community of The Farm at Banner Elk. This oversized lot is a combination of two lots allowing for approximately 1.21 acres with wonderful mountain views. This lot has been cleared and is ready to build with utilities running to lot. The lot features a level building site offering many building options to maximize space and views. Leaving a natural rhododendron boundary and natural rock outcroppings are an added bonus. The gated community of The Farm at Banner Elk offers fabulous park-like amenities – streams, stocked trout ponds, trails, outdoor pavilion with fireplace. It is also conveniently and centrally located in the heart of Banner Elk, with its unique shops and restaurants, and within a short distance to Linville, Grandfather Mountain, the Blue Ridge Parkway, ASU, LMC, and Beech, Sugar, and Appalachian Ski Mountain.
LISTING CLOSED: 10/15/2020 12:00 AM

  1. Listed by Sarah Whitfield • Premier Sotheby's International Realty- Banner Elk
  2. Listed by Lawson Fields • Premier Sotheby's International Realty- Banner Elk

Property Details for Farm Loop

Status
MLS #
217625
Days on Market
405
Taxes
$1,321 / year
HOA Fees
$1,949 / year
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Residential
Year Built
-
Lot Size
1.21 AC
Waterfront
No
Waterfront Features
Pond
View
Yes
Subdivision Name
The Farm At Banner Elk
View
Mountains
Zoning Description
Deed Restrictions,Residential,Subdivision

Recent comparable sales

Median sold price

$157,000

Avg days on market

153

Sale-to-list ratio

83.0%

Banner Elk, NC

9 comparable properties found

a view of a town with mountains in the background
1/29
1

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Sold 10/06/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2
Acres
$110,000 | Lot 19 Running Bear Circle, Banner Elk, NC 28604
1/18
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Sold 02/14/25

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Bedrooms
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Bathrooms
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Square Feet
0.4
Acres
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3

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Sold 07/02/26

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Bedrooms
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Bathrooms
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Square Feet
2.10
Acres
$150,000 | 31 Monteagle Drive, Banner Elk, NC 28604
1/13
4

$150,000

Sold 04/17/25

Unavailable
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Square Feet
2.68
Acres
a view of outdoor space with a garden
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Sold 07/11/25

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Bedrooms
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Bathrooms
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Square Feet
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Acres
$155,000 | Lot B Tyneridge Road, Banner Elk, NC 28604
1/13
6

$155,000

Sold 02/11/26

Unavailable
Bedrooms
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Bathrooms
Unavailable
Square Feet
1.56
Acres
a view of a green field with lots of green space
1/15
7

$157,000

Sold 03/16/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.11
Acres
a sign board with a play ground in the back
1/17
8

$150,000

Sold 04/06/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.49
Acres
$183,000 | Lot 30 Shawnee Road, Banner Elk, NC 28604
1/27
9

$183,000

Sold 12/05/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.6
Acres

Location

Listing Courtesy of Premier Sotheby's International Realty- Banner Elk

Sold By Premier Sotheby's International Realty- Banner Elk

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Building Information for Farm Loop

Building Size-Lot Size1.21 AC

Payment Calculator

$1,060 per month

30 year fixed, 6.55% Interest

Principal and Interest

$788

Property Taxes

$110

HOA Dues

$162

The Payment Calculator is for illustrative purposes only.

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Property Information for Farm Loop

Summary
Location and General Information
  • Directions: Highway 105 S. to right onto Highway 184 to Banner Elk, to right onto Dobbins Road. Turn left into The Farm at Banner Elk. Contact office for gate code. Follow to left onto Farm Loop, to lots on the right.
  • Road Surface Type: Paved
  • Postal Code: 28604
  • Road Frontage Type: PrivateRoad
  • MLS Area Major: 8-Banner Elk
  • Topography: Level
Taxes and HOA Information
  • Parcel Number: 1858-11-68-0183-00000
  • Association Fee: $1,949.00
  • Association Fee Frequency: Annually
  • Association Name: The Farm at Banner Elk POA
  • Association: Yes
  • Tax Annual Amount: $1,321
  • Tax Book Number: 493/480
  • Tax Legal Description: THE FARM LOT 44 & 45 PLAT 38-42B
  • Tax Lot: 44/45
School Information
  • Elementary School: Banner Elk
Property
Lot Information
  • Lot Features: Level
  • Lot Size Acres: 1.21
  • Lot Size Area: 1.21
  • Lot Size Units: Acres
Property and Assessments
  • Documents Available: Disclosures, HOADocuments, Plat, RestrictiveCovenants, Survey
  • Human Modified: No
Utilities
  • Sewer: NotConnected
  • Utilities: ElectricityAvailable, SewerAvailable, UndergroundUtilities, WaterAvailable
  • Water Source: NotConnected
Interior and Exterior Features
Exterior Features
  • Community Features: Clubhouse, Gated, LongTermRentalAllowed, ShortTermRentalAllowed
  • Vegetation: PartiallyWooded

Property History for Farm Loop

DateEvent & SourcePriceAppreciation
Oct 15, 2020

Closed

High Country Association of REALTORS #217625

$155,000
Aug 11, 2020

Under Contract-No Show

High Country Association of REALTORS #217625

Sep 6, 2019

Listed (Active)

High Country Association of REALTORS #217625

$182,500
DateEvent & SourcePrice
10/15/2020

Closed

High Country Association of REALTORS #217625

$155,000
08/11/2020

Under Contract-No Show

High Country Association of REALTORS #217625

09/06/2019

Listed (Active)

High Country Association of REALTORS #217625

$182,500

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

Schools near Farm Loop

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.

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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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Premier Sotheby's International Realty- Banner Elk

Based on information from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.