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455 Shawnee Rd - 42 Acres of Land near Banner Elk, NC Lot • Ferme • 42,43 Acres • 2 728 480 $ CAD • Banner Elk, NC 28604

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Faits saillants de l'investissement

Beautiful, expansive views
Proximity to Elks River Airport, Eagles Nest, Banner Elk Winery

Opportunity for development

Résumé de l'annonce

This tract is offered for $2,000,000 or best offer, and is being sold by “judicial sale” under court order in Watauga County, North Carolina Case No. 25SP000025-940, the sale being conducted by the undersigned Commissioner, for the heirs of Frank Chappell. The sale will be pursuant to North Carolina General Statutes 1-339.1 through 1-339.40, and will be a “private sale” based on an offer acceptable to the Commissioner. Any accepted offer/agreed sale will be subject to upset bids (see N.C. General Statue 1-339.36) and the sale to the last bidder will be subject to confirmation by the Court (see N.C. General Statute 1-339.37). The property is being sold “where is, as is” and the sale agreement cannot be subject to contingencies. Upset bids must be filed with the Clerk of Court within ten (10) days of the last bid and deposit. All bids must be accompanied by a deposit, refundable if the bid is upset. All bidders should complete their due diligence before bidding starts. See attached Notice of Sale; and Recorded Survey Plat. For more details see N.C. General Statutes Chapter 1, Article 29A; and Watauga County NC Court File No. 25SP000025-940, care of the Watauga County Clerk of Superior Court, Boone, NC; and consult with a North Carolina attorney-at-law with a real property practice. Interested persons may also contact the undersigned Commissioner.
Jeffrey M. Hedrick, Commissioner
PO Box 465
Boone NC 28607
828-265-4050

Property Flyer

Notice of Sale

Faits sur la propriété

Prix	2 728 480 $ CAD	Type de propriété	Terrain
Type de vente	Investissement	Sous-type de propriété	Ferme
Condition de vente	Vente sur saisie	Utilisation proposée	En attente de développement En attente d’investissement Écuries de chevaux Parc à bois débités Développement familial unique Vinerie/Vignoble Agricole Ranch de pâturage
Nombre de lots	1	Taille totale du lot	42,43 AC

Prix	2 728 480 $ CAD
Type de vente	Investissement
Condition de vente	Vente sur saisie
Nombre de lots	1
Type de propriété	Terrain
Sous-type de propriété	Ferme
Utilisation proposée	En attente de développement En attente d’investissement Écuries de chevaux Parc à bois débités Développement familial unique Vinerie/Vignoble Agricole Ranch de pâturage
Taille totale du lot	42,43 AC

1 Lot disponible

Lot

Prix	2 728 480 $ CAD	Taille du lot	42,43 AC
Prix par AC	64 305,45 $ CAD

Prix	2 728 480 $ CAD
Prix par AC	64 305,45 $ CAD
Taille du lot	42,43 AC

42+ acre original Appalachian Mountain farmstead with luxury home development potential. Located in Watauga County, North Carolina between Banner Elk and Valle Crucis and part of the Old Beech Mountain community.

Description

This Appalachian Mountain family farm is located just outside the town of Banner Elk, North Carolina and is situated in the Old Beech Mountain community, where luxury home development is underway. In a very rural setting, this former cattle farm is located on Shawnee Road, a paved road that dead-ends just beyond the Monteagle Development. The property has southern exposure, and long-range views. The original farmhouse has been unoccupied for a number of years, and the original farm buildings remain in place, all accessible to the public road. The tract is located on the Watauga/Avery County line. [Just off of Highway NC 194, a State "Scenic Byway" between the Village of Valle Crucis and the Town of Banner Elk.] There is ample public road frontage, and topography consists of a mix of open field/pasture and hardwood timber growth. The surrounding area contains ski resorts, a winery, and numerous private, gated mountain development and golfing communities. Watauga County is the home of Appalachian State University, located in Boone and Avery County is the home of Lees McRae College, located in Banner Elk, less than ten minutes' drive from this property. The property is ideally suited for luxury home development, but would also make a beautiful homestead, equine facility, or private estate. While this property is near the town and ski resort of Beech Mountain, as the crow flies, this property is in an isolated section, on a dead-end state road, an area historically comprised of rural family farmsteads.

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