$250,000

This is a rare find. 5 +/- acres of gently sloping land conveniently located between Banner Elk and Newland off of Hickory Nut Gap Rd. The lay of the land is beautiful. About half is open pasture and half is wooded. There is a pond on the property. Want a beautiful mountain retreat? This is it! The current owners did a preliminary survey to possibly divide part of the acreage into 4 lots with each being approx. .9 of an acre. Look for this under the documents. There is a natural area that looks like an old roadbed already in place. An investor could build 4 very rent-able cabins on the property and then also have use of the pond. Absolutely beautiful property, Restrictions will only be for a maximum of 4 houses if the land is made into a minor subdivision and no trailers.