644 Teaster Valley Lane Banner Elk, NC $ 2,999,000
644 Teaster Valley Lane
$ 2,999,000
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644 Teaster Valley Lane

Banner Elk, NC, 28604
$ 2,999,000
Bedrooms4 Baths2.0 Sq 1,421

Monthly Estimate*

$ 18,465

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Single Family Home for sale in Banner Elk, NC

for $2,999,000 with 4 bedrooms and 2 full baths. This 1,421 square foot home was built in 1996 on a lot size of 29.84.

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

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Single Family Active

Price

$ 2,999,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 1,843

Style

Manufactured House

Lot Size

29.84

Year Built

1996

Town/City

Banner Elk

County/Region

Avery

MLS | Web ID

1183903

Features
General
Sewer Private Sewer
Heating Forced Air Electric
Cooling Wall Unit(s)
Appliances Electric Water Heater
Zoning R-1A
Pool Features None
Construction Materials Aluminum Siding Vinyl Siding
Year Built 1996
Levels One
Property Subtype Manufactured Home
County Avery
Property Type Residential
HOA No
Subdivision Name None
Total Rooms 0
Full Baths 2
Status Active
Directions 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
City Banner Elk
Listing Terms Cash Conventional FHA USDA Loan VA Loan
Tax Annual Amount 1843
Structure Type Manufactured House
Standard Status Active
Pool Y/N No
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Interior
Basement Crawl Space
Total Fireplaces 0
Above Grade Finished Area 1421
Half Baths 0
Total Bedrooms 4
Main Level Bathrooms 2
Total Baths 2
Heating Fuel Electric
Water Heater Electric
Primary On Main Yes
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Exterior
Parking Features Driveway
Lot Features Mountain Partially Cleared Partially Wooded Views
Water Source Spring
Building Area Total 1421
Lot Size Acres 29.84
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Internal Only
Street Number 1 644
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* Excluded Features
List By
Kelly Lynch

Listing Agent

Real Broker Llc

Broker

kellynicoleproperties@gmail.com

Email

Affordability Calculator

$18,619
Per Month
99%
1%
0%
Monthly Principal & Interest
$18,465
Monthly Property Taxes
$154
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
584379 Elementary School
584626 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/6/2026$2,999,000 -14.31% Price Down
6/10/2025$3,500,000 Listed Price

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644 Teaster Valley Lane, Banner Elk, NC, 28604 is a Single Family Home for sale at $2,999,000 with 1,421 sqft and a lot size of 29.84. 644 Teaster Valley Lane has 4 bedrooms, 2.0 baths, and was built in 1996. The property's zip code is 28604 which is in Banner Elk, NC