Welcome to 3.836 acres with long range mountain view potential. This is the opportunity to own a property that combines a gated community, ample space, views, privacy, serenity and location. Only 8 minutes to downtown Banner Elk and 12 minutes to Valle Crucis area. Views are visible in current state; however, can be maximized with tree trimming. There is a roughed in driveway that leads up to a clearing for a building area that promotes privacy and elevates the view potential. A secondary driveway has been cut in that leads to a lower cleared area, that also has great views and would make a great outdoor area! A shared community spring box is located on the lot for easy access to water and a three-bedroom septic has been approved through Watauga County Health Department in 2025. There is underground power at the front of the property and High Speed internet throughout the community. Chestnut Hill is a quiet gated subdivision located in the heart of the Matney section of Banner Elk that combines the beauties of its natural surrounding with an upscale feel. This is a very buildable property that is convenient to all Banner Elk and Valle Crucis amenities. Listing Agent is the Seller.
Lot/land
$140,000
Lot 4B & 5 Chestnut Mountain Road, Banner Elk, NC 28604
--beds
--baths
3.84Acres
Unimproved Land
Built in ----
3.84 Acres Lot
$-- Zestimate®
$--/sqft
$83/mo HOA
What's special
Upscale feelShared community spring boxGreat viewsElevates the view potentialEasy access to waterRoughed in drivewayUnderground power
- 50 days |
- 56 |
- 4 |
Zillow last checked: 8 hours ago
Listing updated: October 29, 2025 at 08:30am
Listed by:
Brad Palatucci (828)278-7448,
Realty One Group Results-Banne
Source: High Country AOR,MLS#: 258720
Originating MLS: High Country Association of Realtors Inc.
Facts & features
Property
Features
- Has view: Yes
- View description: Long Range
Lot
- Size: 3.84 Acres
- Features: Level, Steep Slope, Wooded
- Topography: Level,Sloping
- Residential vegetation: Wooded
Details
- Parcel number: 1869860272000
Utilities & green energy
- Sewer: Septic Permit 3 Bedroom
- Water: Community/Coop, Spring
- Utilities for property: Cable Available, Electricity Available, Other, See Remarks, High Speed Internet Available, Water Available
Community & HOA
Community
- Features: Gated, Long Term Rental Allowed
- Subdivision: Chestnut Hill
HOA
- Has HOA: Yes
- HOA fee: $1,000 annually
Location
- Region: Banner Elk
Financial & listing details
- Annual tax amount: $297
- Date on market: 10/20/2025
- Listing terms: Conventional,FHA,USDA Loan,VA Loan
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$2,233/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/21/2025 | Listed for sale | $140,000+12% |
Source: | ||
| 4/16/2025 | Sold | $125,000-16.6% |
Source: | ||
| 3/18/2025 | Contingent | $149,900 |
Source: | ||
| 3/23/2023 | Listed for sale | $149,900 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 28604
Nearby schools
GreatSchools rating
- 7/10Valle Crucis ElementaryGrades: PK-8Distance: 3.1 mi
- 8/10Watauga HighGrades: 9-12Distance: 9.7 mi
Schools provided by the listing agent
- Elementary: Valle Crucis
- High: Watauga
Source: High Country AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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