Active

644 Teaster Valley Lane

Banner Elk, NC 28604

$2,999,000 $12,643/Mo

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Overview

Bed

Bath

1,421

Sqft

29.84

Acres(Lot)

Description

This 29.84-acre property located on Teaster Valley Lane in Banner Elk, NC, is listed for 2,999,000 and offers a unique opportunity for extreme privacy, development, or a mountain retreat. The property features stunning, long-range mountain views and includes a 1996 manufactured home (504 sq ft) with a partially finished cabin, providing a base while building Property Highlights: Acreage: 29.84 acres, described as partially cleared with significant mature timber and varied topography. Water Source: The property operates on a natural spring. Water Feature: The Elk River runs through the property. Location: Situated in Banner Elk (Avery County), near Beech Mountain, Sugar Mountain, and Grandfather Mountain. Potential: Ideal for investors looking to build multiple luxury homes, or as a private family estate for recreational vehicles and wilderness lovers. Access: Located near the end of Teaster Valley Lane, requiring travel up a hill to reach the prime building sites

Property Details

Property Type : Residential

Price : $2,999,000

AD Id : 65267302

MLS Id : 1183903

Beds : 4

Lot Size : 29.84 Acres

Living Area Size : 1,421

Year Built : 1996

County : Avery

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 4

Bathroom Information

Total Baths: 2 Full Baths: 2

Room Information

Basement: Crawl Space
Interior Features

Appliances: Electric Water Heater
Heating & Cooling

Has Heating: Yes Heating: Electric, Forced Air Has Cooling: Yes Cooling: Wall Unit(s) Water front: 1

Building Information

Year Built: 1996 Construction Materials: Aluminum Siding, Vinyl Siding Pool Features: None Private Pool: No Water front Features: River Access, River Front

Lot Information

Lot Size Acres: 29.84 Lot Description: Views, Wooded

Property Information

Subdivision: None Source Property Type: Residential Property SubType: Manufactured Home Levels: One Property Age: 30

Listing Price Information

Listing Price: $2999000 Cash, Conventional, FHA, USDA Loan, VA Loan

Tax Information

Annual Tax: $1843

Parking Information

Driveway

Location Information

Direction: NC-184 N turn left onto NC-184 N/NC-194 S Main St W left 194-S right onto Teaster Valley Lane continue around turn and up hill for all of property WaterSource: Spring

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
TBD Wakeman Way, Banner Elk, NC, 28604	$229,900	--	--	--
O-26 High Country Overl.., Banner Elk, NC, 28604	$219,000	--	--	--
761 Foxfire Drive, Banner Elk, NC, 28604	$1,375,000	3	4	2,339	2,339 SqFt
4584 & 4582 Nc Highway .., Banner Elk, NC, 28604	$1,250,000	7	8	4,853	4,853 SqFt
26 Great Sky Drive, Banner Elk, NC, 28604	$169,000	--	--	--
576 Eagle Springs Trail, Banner Elk, NC, 28604	$1,900,000	4	4	2,983	2,983 SqFt
123 High Country Overlook, Banner Elk, NC, 28604	$1,199,900	3	3	1,677	1,677 SqFt
123 High Country Overlook, Banner Elk, NC, 28604	$1,124,900	3	3	1,677	1,677 SqFt
617 Eagle Creek Trail, Banner Elk, NC, 28604	$3,649,997	4	5	3,977	3,977 SqFt
1644 Broadstone Road, Banner Elk, NC, 28604	$1,095,000	4	5	5,109	5,109 SqFt

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Listing information © 2026 Triad MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than ByOwner are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers. IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Data last updated 06/12/2026 @ 03:50

ByOwner last updated this listing 06/12/2026 @ 03:50

MLS: 1183903 LISTED BY: Kelly Lynch, Real Broker LLC 919-348-2585 SOURCE: Triad MLS