Sold
Last Sold Price
33,105 Lot Size0.76 Acres
lot 5 Ridgeview Ln, Banner Elk, NC 28604
LandProperty Type
0.76 acresLot Size
$1,200/yrHOA Fees

Description

This outstanding lot is located in a private gated community just outside of Banner Elk! The exceptional lot offers the best combination of view, access, low building costs, and price. Beautiful pastoral and mountain views are available from this gently sloping lot. A well has already been installed along with a septic system for a 4 bedroom home. Ready to build you perfect mountain home. Horseshoe Creek is a small gated private neighborhood just outside the town limits but minutes from fine dining,...This outstanding lot is located in a private gated community just outside of Banner Elk! The exceptional lot offers the best combination of view, access, low building costs, and price. Beautiful pastoral and mountain views are available from this gently sloping lot. A well has already been installed along with a septic system for a 4 bedroom home. Ready to build you perfect mountain home. Horseshoe Creek is a small gated private neighborhood just outside the town limits but minutes from fine dining, shopping, summer theater, concerts in the park as well as skiing, golf, biking and hiking.
  • Listed by: Marsha McManus • The Summit Group Of The Carolinas
  • Listed by: Alison Phillips • The Summit Group Of The Carolinas
Listing closed: 08/15/2018 12:00 AM • Source: High Country Association of REALTORS, MLS#: 203691

Recent comparable sales

Median sold price

$70,000

Avg days on market

204

Sale-to-list ratio

85.4%

Banner Elk, NC

9 comparable properties found

a view of a garden
1/8
1

$80,000

Sold 06/04/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.41
Acres
a view of outdoor space and yard
1/18
2

$90,000

Sold 07/07/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.53
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 backyard with green space
1/18
4

$70,000

Sold 08/19/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.24
Acres
a view of a park
1/9
5

$65,000

Sold 08/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.23
Acres
$70,000 | Lot 14 Running Bear Circle, Banner Elk, NC 28604
1/6
6

$70,000

Sold 02/24/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.38
Acres
$65,000 | Lot 6 Running Bear Circle, Banner Elk, NC 28604
1/16
7

$65,000

Sold 05/15/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.23
Acres
$70,000 | Seven Thorncliff Drive, Banner Elk, NC 28604
1/2
8

$70,000

Sold 04/14/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.56
Acres
a view of outdoor space and green space
1/15
9

$53,000

Sold 09/09/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.6
Acres

Location

Listing Courtesy of The Summit Group Of The Carolinas

Sold By Blue Ridge Realty & Inv. - Banner Elk

Add your commute

Payment Calculator

$525 per month

30 year fixed, 6.55% Interest

Principal and Interest

$407

Property Taxes

$18

HOA Dues

$100

The Payment Calculator is for illustrative purposes only.

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Property Information for Lot 5 Ridgeview Lane

Property Details
  • Taxes: $220 / year
  • MLS Type: Land / Residential
  • County: Avery County
  • Waterfront: No
  • View: Yes
  • View: LongRange, Mountains
  • Zoning Description: Deed Restrictions,Residential,Subdivision
Building Information
  • Lot Size: 0.76 AC
Summary
Location and General Information
  • Directions: From the light in downtown Banner Elk, turn right onto Highway 194 going towards Valle Crucis. Travel 1.5 miles and turn left onto Gualtney Rd. Horseshoe Creek in on the right. During daylight the gates will be open. Follow paved road to the left to the top to Lot 5.
  • Road Surface Type: Paved
  • Postal Code: 28604
  • Road Frontage Type: PrivateRoad
  • MLS Area Major: 8-Banner Elk
  • Topography: Sloping
Taxes and HOA Information
  • Parcel Number: 1869-03-14-4017-00000
  • Association Fee: $1,200.00
  • Association Fee Frequency: Annually
  • Association Name: Horseshoe Creek Owners Association
  • Association: Yes
  • Tax Annual Amount: $220
  • Tax Book Number: 421/2412
  • Tax Legal Description: HORSESHOE CREEK LOT 5 PLAT 40-182
  • Tax Lot: 5
School Information
  • Elementary School: Banner Elk
  • Elementary School District: Banner Elk
  • High School District: Banner Elk
  • Middle Or Junior School District: Banner Elk
Property
Lot Information
  • Lot Size Acres: 0.76
  • Lot Size Area: 0.76
  • Lot Size Units: Acres
Property and Assessments
  • Documents Available: Disclosures, HOADocuments, Plat, RestrictiveCovenants, Survey
  • Human Modified: No
Utilities
  • Sewer: Other, PrivateSewer, SepticPermit4Bedroom, SeeRemarks
  • Utilities: UndergroundUtilities, HighSpeedInternetAvailable
  • Water Source: Private, Well
Interior and Exterior Features
Exterior Features
  • Exterior Features: Other, SeeRemarks
  • Community Features: LongTermRentalAllowed
  • Vegetation: PartiallyWooded

Property History for Lot 5 Ridgeview Lane

DateEvent & SourcePriceAppreciation
Aug 15, 2018

Closed

High Country Association of REALTORS #203691

$80,000
Jul 30, 2018

Under Contract-No Show

High Country Association of REALTORS #203691

Sep 18, 2017

Listed (Active)

High Country Association of REALTORS #203691

$120,000
DateEvent & SourcePrice
08/15/2018

Closed

High Country Association of REALTORS #203691

$80,000
07/30/2018

Under Contract-No Show

High Country Association of REALTORS #203691

09/18/2017

Listed (Active)

High Country Association of REALTORS #203691

$120,000

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

Schools near Lot 5 Ridgeview Lane

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 5 Ridgeview Lane, Banner Elk, NC 28604
$80,000
33,105
$97,500
33,105
$1,050,000
3
4,407
90,169
$83,500
1,856
39,204
3
2
2,049
70,132
$375,000
3
2,491
60,112

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Listing Courtesy of The Summit Group Of The Carolinas

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.