$115,000
$129,900
11.5%For more information regarding the value of a property, please contact us for a free consultation.
Lot #10 Camelot DR Banner Elk, NC 28604
1.12 Acres Lot
Key Details
Sold Price $115,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Camelot
MLS Listing ID 254472
HOA Fees $33/ann
Annual Tax Amount $163
Lot Size 1.120 Acres
Property Sub-Type Residential
Property Description
Nice pastoral and ridge views from this easy-build lot located in the Camelot subdivision! A large lot at 1.12 acres, walkable and very private with trees bordering the property! Camelot is a small cabin community that is only a ten minute drive into Banner Elk. Minimum build is only 1,000 square feet and there are no rental restrictions. The lot is recently perked for a 4 bedroom home. No need to wait a year to get a well dug at a cost of $15,000-$25,000 as you can run a line to the community well! Association dues are just $400 per year and the lot is subject to only County property taxes. The elevation near 4,000 feet will provide plenty of cool relief! This countryside location puts you between Banner Elk and Valle Crucis, with hiking, shopping, restaurants and other outdoor recreation close by. One of the sellers is a Florida Realtor. The 2023 septic permit provided for a repair area on the lot, but there is also a recorded right to place the septic repair area in a designated spot on lot 9 (See Deed Exhibit A). Deed Exhibit A also includes a recorded right to use the community well on Lot 5 for water.
Location
State NC
County Watauga
Community Long Term Rental Allowed, Short Term Rental Allowed
Area 5-Watauga, Shawneehaw
Exterior
Community Features Long Term Rental Allowed, Short Term Rental Allowed
Utilities Available Underground Utilities, Cable Available, High Speed Internet Available, Water Available
View Y/N Yes
View Long Range, Mountain(s), Pasture
Building
Lot Description Level
Sewer Not Connected, Other, Septic Permit 4 Bedroom, See Remarks
Water Community/Coop, Other, See Remarks, Shared Well
Schools
Elementary Schools Valle Crucis
High Schools Watauga
Others
Acceptable Financing Cash, Conventional, New Loan
Listing Terms Cash, Conventional, New Loan
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Bought with Blue Ridge Realty & Inv. - Banner Elk






