Last Sold Price
31,798 Lot Size0.73 Acres
lot 23 Farm Loop Rd, Banner Elk, NC 28604

Description

Exceptional building lot in The Farm at Banner Elk with good view potential and driveway placement. This prime location in Banner Elk is convenient for year-round or seasonal living. 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...Exceptional building lot in The Farm at Banner Elk with good view potential and driveway placement. This prime location in Banner Elk is convenient for year-round or seasonal living. 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: 07/30/2021 12:00 AM

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

Property Details for Lot 23 Farm Loop Road

Status
MLS #
227936
Days on Market
160
Taxes
$2,054 / year
HOA Fees
$1,949 / year
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Residential
Year Built
-
Lot Size
0.73 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

$70,000

Avg days on market

235

Sale-to-list ratio

80.8%

Banner Elk, NC

9 comparable properties found

a view of backyard with green space
1/18
1

$70,000

Sold 08/19/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.24
Acres
$70,000 | Lot 14 Running Bear Circle, Banner Elk, NC 28604
1/6
2

$70,000

Sold 02/24/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.38
Acres
a view of a city with mountains in the background
1/18
3

$79,900

Sold 12/23/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.42
Acres
a view of a park
1/9
4

$65,000

Sold 08/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.23
Acres
a view of outdoor space and yard
1/18
5

$90,000

Sold 07/07/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.53
Acres
$65,000 | Lot 6 Running Bear Circle, Banner Elk, NC 28604
1/16
6

$65,000

Sold 05/15/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.23
Acres
a view of a garden
1/8
7

$80,000

Sold 06/04/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.41
Acres
a view of a living room
1/11
8

$60,000

Sold 05/15/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.23
Acres
a view of outdoor space and yard
1/6
9

$70,000

Sold 11/01/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.56
Acres

Location

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

Sold By NONMLS

Add your commute

Building Information for Lot 23 Farm Loop Road

Building Size-Lot Size0.73 AC

Payment Calculator

$728 per month

30 year fixed, 6.55% Interest

Principal and Interest

$394

Property Taxes

$171

HOA Dues

$162

The Payment Calculator is for illustrative purposes only.

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Property Information for Lot 23 Farm Loop Road

Summary
Location and General Information
  • Directions: From Highway 105- Folllow 184 towards Banner Elk. Take a right onto Dobbins Road. Follow Dobbins Road to the main entrance to The Farm at Banner Elk on left. Follow through gate to a left onto Farm Loop Road. Follow Farm Loop Road to Lot 23 on the Right.
  • Road Surface Type: Paved
  • Postal Code: 28604
  • Road Frontage Type: PrivateRoad
  • MLS Area Major: 8-Banner Elk
Taxes and HOA Information
  • Parcel Number: 1858-07-58-5668-00000
  • Association Fee: $1,948.71
  • Association Fee Frequency: Annually
  • Association Name: The Farm at Banner Elk POA
  • Association: Yes
  • Tax Annual Amount: $2,054
  • Tax Book Number: 391/2918
  • Tax Legal Description: THE FARM LOT 23 PLAT 38-305A
  • Tax Lot: 23
School Information
  • Elementary School: Banner Elk
  • High School: Avery County
Property
Lot Information
  • Lot Features: Wooded
  • Lot Size Acres: 0.73
  • Lot Size Area: 0.73
  • Lot Size Units: Acres
Property and Assessments
  • Human Modified: No
Utilities
  • Sewer: NotConnected, Other, SepticPermit4Bedroom, SeeRemarks
  • Utilities: UndergroundUtilities
  • Water Source: NotConnected
Interior and Exterior Features
Exterior Features
  • Exterior Features: Other, SeeRemarks
  • Community Features: Gated, LongTermRentalAllowed, ShortTermRentalAllowed
  • Vegetation: Wooded

Property History for Lot 23 Farm Loop Road

DateEvent & SourcePriceAppreciation
Jul 30, 2021

Closed

High Country Association of REALTORS #227936

$77,500
Jun 29, 2021

Under Contract-No Show

High Country Association of REALTORS #227936

Jan 21, 2021

Listed (Active)

High Country Association of REALTORS #227936

$125,000
DateEvent & SourcePrice
07/30/2021

Closed

High Country Association of REALTORS #227936

$77,500
06/29/2021

Under Contract-No Show

High Country Association of REALTORS #227936

01/21/2021

Listed (Active)

High Country Association of REALTORS #227936

$125,000

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

Schools near Lot 23 Farm Loop 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 - 6 to 12
Rating
School
Distance
Banner Elk Elementary School
PublicPK to 5

Avery Middle
Public6 to 8

Avery County High School
Public9 to 12

Blue Ridge Academy
Public6 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

AddressSold priceBedsBathsSqftLot (Sqft)
This home: Lot 23 Farm Loop Road, Banner Elk, NC 28604
$77,500
31,798
$110,000
82,328
$80,000
25,264
$70,000
10,454
$130,500
12,632
2
1
1,085
186,872

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.