Last Sold Price
181,645 Lot Size4.17 Acres
lot 53 Farm Loop Rd, Banner Elk, NC 28604

Description

Located in the beautiful gated community of The Farm in Banner Elk, NC, this unique 4 acre property sits at an elevation of almost 4,000 feet offering views of Grandfather Mountain, Hanging Rock and Sugar Mountain. The property features stunning rock outcroppings and thickets of rhododendrons amongst the deciduous forest. Amenities include stocked trout pond, Pavillon with outdoor fireplace, grills and trails. Easy access to downtown Banner Elk, parks, restaurants, Lees McCrae Summer Theater Program,...Located in the beautiful gated community of The Farm in Banner Elk, NC, this unique 4 acre property sits at an elevation of almost 4,000 feet offering views of Grandfather Mountain, Hanging Rock and Sugar Mountain. The property features stunning rock outcroppings and thickets of rhododendrons amongst the deciduous forest. Amenities include stocked trout pond, Pavillon with outdoor fireplace, grills and trails. Easy access to downtown Banner Elk, parks, restaurants, Lees McCrae Summer Theater Program, shops and dining. Short drive to Grandfather Mountain, Sugar, Seven Devils, Linville, Boone, Blowing Rock, Beech Mountain, ASU, Lees McCrae College. Enjoy life in the High Country with access to skiing, hiking, golfing, dining and shopping.
LISTING CLOSED: 08/12/2022 12:00 AM

  1. Listed by Carol Pillsbury • EXP Realty, LLC

Property Details for Lot 53 Farm Loop Road

Status
MLS #
234747
Days on Market
252
Taxes
$865 / year
HOA Fees
$1,949 / year
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Residential
Year Built
-
Lot Size
4.17 AC
Waterfront
No
View
Yes
Subdivision Name
The Farm At Banner Elk
View
LongRange, Mountains, TreesWoods

Recent comparable sales

Median sold price

$275,000

Avg days on market

196

Sale-to-list ratio

89.3%

Banner Elk, NC

9 comparable properties found

a view of a forest filled with trees
1/8
1

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Sold 04/06/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.55
Acres
a view of a lush green field
1/5
2

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Sold 01/28/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.09
Acres
a view of an outdoor space and mountain view
1/6
3

$290,000

Sold 08/30/24

Unavailable
Bedrooms
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Bathrooms
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Square Feet
2
Acres
$250,000 | Lot 6 Great Sky Drive, Banner Elk, NC 28604
1/13
4

$250,000

Sold 10/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
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Square Feet
1.18
Acres
a view of a garden with plants and trees
1/17
5

$287,500

Sold 01/13/25

Unavailable
Bedrooms
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Bathrooms
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Square Feet
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Acres
$297,000 | Lot 10 Monteagle, Banner Elk, NC 28604
1/2
6

$297,000

Sold 09/26/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.53
Acres
a view of a street with an ocean view
1/12
7

$275,000

Sold 05/29/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.14
Acres
a view of a city with mountain
1/13
8

$250,000

Sold 04/14/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.22
Acres
a view of a city
1/25
9

$235,000

Sold 01/08/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.15
Acres

Location

Listing Courtesy of EXP Realty, LLC

Sold By EXP Realty, LLC

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Building Information for Lot 53 Farm Loop Road

Building Size-Lot Size4.17 AC

Payment Calculator

$1,556 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,322

Property Taxes

$72

HOA Dues

$162

The Payment Calculator is for illustrative purposes only.

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Property Information for Lot 53 Farm Loop Road

Summary
Location and General Information
  • Directions: From Dobbins Road make a left onto Farm Loop Road. Enter through main gate. Follow to Farm Crest Ct and turn right. Go to the end of the Farm Crest Court. Lot 53 can be accessed by either walking or driving up the main gravel road at the very end of Farm Crest Court. There is a gravel/dirt drive to your left at the top of the hill. Tax records say Farm Loop Road, but lot is accessed from Farm Crest Court.
  • Road Surface Type: Paved
  • Postal Code: 28604
  • Road Frontage Type: PrivateRoad
  • MLS Area Major: 8-Banner Elk
  • MLS Area Minor: Banner Elk
Taxes and HOA Information
  • Parcel Number: 1858-11-69-5510-00000
  • Association Fee: $1,949.00
  • Association Fee Frequency: Annually
  • Association Name: The Farm at Banner Elk, POA
  • Association: Yes
  • Tax Annual Amount: $865
  • Tax Book Number: 407/2346
  • Tax Legal Description: THE FARM LOT 53 PLAT 39-141A
  • Tax Lot: 53
School Information
  • Elementary School: Banner Elk
  • High School: Avery County
Property
Lot Information
  • Lot Features: SteepSlope, Wooded
  • Lot Size Acres: 4.17
  • Lot Size Area: 4.17
  • Lot Size Units: Acres
Property and Assessments
  • Human Modified: No
Utilities
  • Sewer: NotConnected, PrivateSewer
  • Utilities: UndergroundUtilities
  • Water Source: Private, Well
Interior and Exterior Features
Exterior Features
  • Community Features: Gated, LongTermRentalAllowed
  • Vegetation: Wooded

Property History for Lot 53 Farm Loop Road

DateEvent & SourcePriceAppreciation
Aug 12, 2022

Closed

High Country Association of REALTORS #234747

$260,000
May 3, 2022

Under Contract-Show

High Country Association of REALTORS #234747

May 2, 2022

Under Contract-No Show

High Country Association of REALTORS #234747

DateEvent & SourcePrice
08/12/2022

Closed

High Country Association of REALTORS #234747

$260,000
05/03/2022

Under Contract-Show

High Country Association of REALTORS #234747

05/02/2022

Under Contract-No Show

High Country Association of REALTORS #234747

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

Schools near Lot 53 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 - 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

AddressSold priceBedsBathsSqftLot (Sqft)
This home: Lot 53 Farm Loop Road, Banner Elk, NC 28604
$260,000
181,645
$125,000
4
5
4,143
229,692
$162,500
52,272
3
2
2,327
79,715
$125,000
47,916
$115,000
4
5
4,031
60,548

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 EXP Realty, LLC

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.