Sold
Last Sold Price
Sugar Bear Ridge Ln, Banner Elk, NC 28604
8.5 acresLot Size

Description

Great investment opportunity in Banner Elk. Located directly across from Sugar Mountain Ski Resort on Arnett and Sugar Bear Ridge Rd., these 13 lots are part of an old recorded subdivision that never was fully developed. The land lays beautifully with an old road already in place accessing the different lots. There is also direct access to some of the lots off Arnett Rd. The property has beautiful moss covered rocks, hardwoods, southwestern exposure and the majority of it is gently sloping. It would...Great investment opportunity in Banner Elk. Located directly across from Sugar Mountain Ski Resort on Arnett and Sugar Bear Ridge Rd., these 13 lots are part of an old recorded subdivision that never was fully developed. The land lays beautifully with an old road already in place accessing the different lots. There is also direct access to some of the lots off Arnett Rd. The property has beautiful moss covered rocks, hardwoods, southwestern exposure and the majority of it is gently sloping. It would be a great estate homesite or could be resold with the individual lots.
  • Listed by: Marsha McManus • The Summit Group Of The Carolinas
Listing closed: 12/14/2020 12:00 AM • Source: High Country Association of REALTORS, MLS#: 219623

Recent comparable sales

Median sold price

$162,500

Avg days on market

210

Sale-to-list ratio

86.5%

Banner Elk, NC

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Unavailable
Bedrooms
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Bathrooms
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Acres

Location

Listing Courtesy of The Summit Group Of The Carolinas

Sold By Premier Sotheby's International Realty- Banner Elk

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Payment Calculator

$1,377 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,214

Property Taxes

$162

HOA Dues

$0

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Property Information for Sugar Bear Ridge Lane

Property Details
  • Taxes: $1,947 / year
  • County: Avery County
  • Waterfront: No
  • View: Yes
  • Subdivision Name: OtherSeeRemarks
  • View: LongRange, Mountains, SkiArea, SeasonalView, TreesWoods
  • Zoning Description: Residential
Building Information
  • Lot Size: 8.50 AC / 370,260 SF
Summary
Location and General Information
  • Directions: From Highway 184 in Banner Elk, turn onto Arnett Rd. across from the entrance to Sugar Mountain. Property will be on the right about 1/4 mile up before you reach Sugar Bear Ridge Lane. There is access from Sugar Bear Ridge lane too. Park where the gate is on the right.
  • Road Surface Type: Gravel
  • Postal Code: 28604
  • Road Frontage Type: PrivateRoad
  • Road Responsibility: PublicMaintainedRoad
  • MLS Area Major: 8-Banner Elk
  • Topography: Level,Sloping
Taxes and HOA Information
  • Parcel Number: 1867-05-19-8981-00000
  • Additional Parcels Description: 186705197952,186705197709 +
  • Association: No
  • Tax Annual Amount: $1,947
  • Tax Book Number: 150/1420
  • Tax Legal Description: SHELBY TURNER 027 0019 0041
  • Tax Lot: 27-39
School Information
  • Elementary School: Banner Elk
  • High School: Avery County
Property
Lot Information
  • Lot Features: MobileHomeAllowed, Acreage, Level, Wooded
  • Lot Size Acres: 8.5
  • Lot Size Area: 8.5
  • Lot Size Units: Acres
Property and Assessments
  • Human Modified: No
Utilities
  • Sewer: NotConnected, SepticNeeded
  • Water Source: NotConnected
Interior and Exterior Features
Exterior Features
  • Community Features: LongTermRentalAllowed, ShortTermRentalAllowed
  • Vegetation: Wooded

Property History for Sugar Bear Ridge Lane

DateEvent & SourcePriceAppreciation
Dec 14, 2020

Closed

High Country Association of REALTORS #219623

$235,000
Sep 23, 2020

Under Contract-No Show

High Country Association of REALTORS #219623

Jan 1, 2020

Listed (Active)

High Country Association of REALTORS #219623

$299,900
DateEvent & SourcePrice
12/14/2020

Closed

High Country Association of REALTORS #219623

$235,000
09/23/2020

Under Contract-No Show

High Country Association of REALTORS #219623

01/01/2020

Listed (Active)

High Country Association of REALTORS #219623

$299,900

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

Schools near Sugar Bear Ridge 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: Sugar Bear Ridge Lane, Banner Elk, NC 28604
$235,000
370,260
$180,000
2
1,200
26,571
$192,000
1
928
21,780
2
1
720
10,890
4
3
1,428
12,197
2
1
654
10,890

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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 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.