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Properties marked with the Triad MLS icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database. The information being provided is for consumer’s 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. Copyright Triad MLS, Inc. of North Carolina. All rights reserved. Updated: 20th April, 2026 1:02 PM (UTC)
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



























