lot 4-b Chestnut Mountain Rd

$140,000
Price
167,096 / 3.84
Lot Size / Acres

Description

Welcome to 3.836 acres with long range mountain view potential. This is the opportunity to own a property that combines a gated community, ample space, views, privacy, serenity and location. Only 8 minutes to downtown Banner Elk and 12 minutes to Valle Crucis area. Views are visible in current state; however, can be maximized with tree trimming. There is a roughed in driveway that leads up to a clearing for a building area that promotes privacy and elevates the view potential. A secondary driveway...Welcome to 3.836 acres with long range mountain view potential. This is the opportunity to own a property that combines a gated community, ample space, views, privacy, serenity and location. Only 8 minutes to downtown Banner Elk and 12 minutes to Valle Crucis area. Views are visible in current state; however, can be maximized with tree trimming. There is a roughed in driveway that leads up to a clearing for a building area that promotes privacy and elevates the view potential. A secondary driveway has been cut in that leads to a lower cleared area, that also has great views and would make a great outdoor area! A shared community spring box is located on the lot for easy access to water and a three-bedroom septic has been approved through Watauga County Health Department in 2025. There is underground power at the front of the property and High Speed internet throughout the community. Chestnut Hill is a quiet gated subdivision located in the heart of the Matney section of Banner Elk that combines the beauties of its natural surrounding with an upscale feel. This is a very buildable property that is convenient to all Banner Elk and Valle Crucis amenities. Listing Agent is the Seller.
  1. Listed by Brad Palatucci • Realty One Group Results-Banne • (828) 278-7448

Property Details for Lot 4-b Chestnut Mountain Road

Waterfront
No
View
Yes
Subdivision Name
Chestnut Hill
View
LongRange
LISTING UPDATED: 10/29/2025 11:30 AM

Property Details for Lot 4-b Chestnut Mountain Road

StatusActive
MLS #258720
Days on Market71
Taxes$297 / year
HOA Fees$1,000 / year
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Residential
Year Built-
Lot Size3.84 AC
CountyWatauga County

Location

Listing Courtesy of Realty One Group Results-Banne
Add your commute

Building Information for Lot 4-b Chestnut Mountain Road

Building Size-Lot Size3.84 AC

Payment Calculator

$800 per month

30 year fixed, 6.28% Interest

Principal and Interest

$692

Property Taxes

$25

HOA Dues

$83

The Payment Calculator is for illustrative purposes only.

Property Information for Lot 4-b Chestnut Mountain Road

Summary
Location and General Information
  • Directions: From Banner Elk take 194 towards Valle Crucis and Chestnut Hill will be on your right in Matney. From Valle Crucis take 194 towards Banner Elk and Chestnut Hill will be on your left. The driveway leading into # 540 Chestnut Mountain is the house across the street from the lot entry.
  • Road Surface Type: Paved
  • Postal Code: 28604
  • Road Frontage Type: PrivateRoad
  • MLS Area Major: 8-Banner Elk
  • Topography: Level,Sloping
Taxes and HOA Information
  • Parcel Number: 1869-86-0272-000
  • Association Fee: $1,000.00
  • Association Fee Frequency: Annually
  • Association Name: Chestnut Hill POA
  • Association: Yes
  • Tax Annual Amount: $297
  • Tax Book Number: 2427/646
  • Tax Legal Description: Lot 4B & 5 Chestnut Mountain Road
  • Tax Lot: 4B & 5
School Information
  • Elementary School: Valle Crucis
  • High School: Watauga
Property
Lot Information
  • Lot Features: Level, SteepSlope, Wooded
  • Lot Size Acres: 3.836
  • Lot Size Area: 3.836
  • Lot Size Units: Acres
Property and Assessments
  • Documents Available: Disclosures, Other, Plat, RestrictiveCovenants, SeeRemarks, Survey
  • Human Modified: Yes
Utilities
  • Sewer: SepticPermit3Bedroom
  • Utilities: CableAvailable, ElectricityAvailable, Other, SeeRemarks, HighSpeedInternetAvailable, WaterAvailable
  • Water Source: CommunityCoop, Spring
Interior and Exterior Features
Exterior Features
  • Community Features: Gated, LongTermRentalAllowed
  • Vegetation: Wooded

Property History for Lot 4-b Chestnut Mountain Road

DateEvent & SourcePriceAppreciation
Oct 20, 2025

Listed (Active)

High Country Association of REALTORS #258720

$140,000—
Apr 16, 2025

Closed

High Country Association of REALTORS #242465

$125,000—
Mar 18, 2025

Under Contract-Show

High Country Association of REALTORS #242465

—
Mar 16, 2025

Under Contract-No Show

High Country Association of REALTORS #242465

—
Mar 23, 2023

Listed (Active)

High Country Association of REALTORS #242465

$149,900—
DateEvent & SourcePrice
10/20/2025

Listed (Active)

High Country Association of REALTORS #258720

$140,000
04/16/2025

Closed

High Country Association of REALTORS #242465

$125,000
03/18/2025

Under Contract-Show

High Country Association of REALTORS #242465

—
03/16/2025

Under Contract-No Show

High Country Association of REALTORS #242465

—
03/23/2023

Listed (Active)

High Country Association of REALTORS #242465

$149,900

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

Schools near Lot 4-b Chestnut Mountain Road

This home is within Watauga County School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - 9 to 12
Rating
School
Distance
Valle Crucis Elementary
PublicPK to 8

Watauga High
Public9 to 12

Watauga Virtual Academy
PublicK to 8

Watauga Innovation 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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Lot 4-b Chestnut Mountain Road is a 3.84 ac of land for sale in Banner Elk, NC 28604. This property was listed for sale on October 20, 2025 by Realty One Group Results-Banne, it's currently listed at $140,000. It has been on the market for a total of 71 days and was last sold on April 16, 2025. This listing's school district is Watauga County School District. Nearby schools include Valle Crucis Elementary, Watauga High and Watauga Virtual Academy. Lot 4-b Chestnut Mountain Road is a 0-bed, 0-bath, 3.84 ac of land on a 167,096 sq. ft. / 3.84 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty One Group Results-Banne

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.