Sold
Last Sold Price
61,027 Lot Size1.40 Acres
lot 8 Chappell Farm Rd, Banner Elk, NC 28604
LandProperty Type
1.40 acresLot Size
$1,500/yrHOA Fees

Description

Looking for a breathtaking homesite with a view? Chappell Farms is now offering some of the BEST VIEWS in the High Country! And Lot 8 has the most incredible level laying land! Let Grandfather sweep you off your feet as you enter above the clouds, across the dreamy pastures, through the gates, with layered views surrounding. Approximately 4500 to over 5000 feet high, this is very special land on what feels like the top of the world. Only 2 miles past the Banner Elk Winery! Underground utilities are...Looking for a breathtaking homesite with a view? Chappell Farms is now offering some of the BEST VIEWS in the High Country! And Lot 8 has the most incredible level laying land! Let Grandfather sweep you off your feet as you enter above the clouds, across the dreamy pastures, through the gates, with layered views surrounding. Approximately 4500 to over 5000 feet high, this is very special land on what feels like the top of the world. Only 2 miles past the Banner Elk Winery! Underground utilities are in place, including electric, fiber optics, and shared wells. This lot is offered with a current 4 bedroom septic permit! CCRs also allow short term rentals. Don't miss out on this incredible real estate opportunity only 4 miles from the stoplight at Banner Elk. Call today to see it for yourself!
  • Listed by: Shyllene Fecteau • Appalachian Properties (828) 719-6220
Listing closed: 10/28/2024 12:00 AM • Source: High Country Association of REALTORS, MLS#: 251773

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Recent comparable sales

Median sold price

$319,000

Avg days on market

144

Sale-to-list ratio

90.4%

Banner Elk, NC

9 comparable properties found

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Bathrooms
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Square Feet
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Sold 02/21/25

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a view of a yard with an trees
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Sold 02/13/25

Unavailable
Bedrooms
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Sold 05/29/25

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a view of a city with mountain
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Location

Listing Courtesy of Appalachian Properties

Sold By Appalachian Properties

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$2,370 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,202

Property Taxes

$43

HOA Dues

$125

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Property Information for Lot 8 Chappell Farm Road

Property Details
  • Taxes: $520 / year
  • MLS Type: Land / Residential
  • County: Avery County
  • Waterfront: No
  • View: Yes
  • Subdivision Name: Chappell Farms
  • View: LongRange, Mountains, SeasonalView
Building Information
  • Lot Size: 1.40 AC
Summary
Location and General Information
  • Directions: From Banner Elk, turn right at the stoplight to head down 194 towards Valle Crucis. Left on Shawnee. Travel 2 miles. Left on Chappell Farm Road (gravel road). Continue through the gate. Stay left at the N Chappell Road sign. Look for Lot 8 sign.
  • Road Surface Type: Gravel, Paved
  • Postal Code: 28604
  • Road Frontage Type: PrivateRoad
  • Road Responsibility: PublicMaintainedRoad
  • MLS Area Major: 8-Banner Elk
  • Topography: Level
Taxes and HOA Information
  • Parcel Number: 18590079283400000
  • Association Fee: $1,500.00
  • Association Fee Frequency: Annually
  • Association Name: Chappell Farms POA
  • Association: Yes
  • Tax Annual Amount: $520
  • Tax Book Number: 576/2262
  • Tax Legal Description: All 1.401 acres of Chappell Farms Lot 8 as shown on Plat bk 45 pg 287
  • Tax Lot: 8
School Information
  • Elementary School: Banner Elk
  • High School: Avery County
Property
Lot Information
  • Lot Features: Level, Wooded
  • Lot Size Acres: 1.401
  • Lot Size Area: 1.401
  • Lot Size Units: Acres
Property and Assessments
  • Human Modified: Yes
Utilities
  • Sewer: SepticPermit4Bedroom
  • Utilities: UndergroundUtilities, WaterAvailable, HighSpeedInternetAvailable
  • Water Source: SharedWell
Interior and Exterior Features
Exterior Features
  • Community Features: Gated, LongTermRentalAllowed, ShortTermRentalAllowed
  • Vegetation: Wooded

Property History for Lot 8 Chappell Farm Road

DateEvent & SourcePriceAppreciation
Oct 28, 2024

Closed

High Country Association of REALTORS #251773

$412,500—
Sep 5, 2024

Under Contract-No Show

High Country Association of REALTORS #251773

—
Aug 30, 2024

Listed (Active)

High Country Association of REALTORS #251773

$425,000—
DateEvent & SourcePrice
10/28/2024

Closed

High Country Association of REALTORS #251773

$412,500
09/05/2024

Under Contract-No Show

High Country Association of REALTORS #251773

—
08/30/2024

Listed (Active)

High Country Association of REALTORS #251773

$425,000

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

Schools near Lot 8 Chappell Farm 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

Cranberry Middle School
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 8 Chappell Farm Road, Banner Elk, NC 28604
$412,500
–
–
–
61,027
$119,900
–
–
–
51,705
$365,000
–
–
–
91,955
$132,500
–
–
–
58,588
$170,000
–
–
–
65,514
$325,000
–
–
–
82,328

Explore Nearby Homes

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Listing Courtesy of Appalachian Properties

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.