140 Chestnut Way, Beech Mountain, NC, 28604

$250,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Lot
MLS #4095068
StatusActive

About 140 Chestnut Way

1.73 acres, road to road, short distance to Beech Mountain tennis/swim club. 3 adjacent lots, with 2 lots at 140&142 Chestnut Wy & 1 at 215 Lakeledge Wy. On most Beech Mountain maps, these lots show as 5 lots (CR145 & CR144 on Chestnut Wy & CR177, CR178, & CR179 on Lakeledge Wy). Prior to the last sale of these properties, 2 10'x10' parcels were carved out to the corners of CR178 & CR179, & continue to be called by those names. Nearly all of CR179 was replatted to merge w/ CR144, forming 1 large 0.75acre lot which is on both Chestnut Wy & Lakeledge Wy. Nearly all of CR178 was repatted to merge w/ CR145, forming 1 large 0.67acre lot which is on both Chestnut Wy & Lakeledge Wy. CR177 was unchanged, & is 0.30acre. (The replatting was done to preserve the club rights to the two lots, which did not convey with the sale, and to create the opportunity to build three homes with downhill access form Chestnut Way). From Chestnut Way the lots have an unblocked, extremely long distance NE view.

Property Details

Property Features

Listing Office:

  • Office Name: Homecoin.com

Other

Directions Information:

  • Directions: Beech Mountain Pkwy > Lake Rd > Chestnut Way Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000
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Housing Market Comparison

See how this home compares to others in Banner Elk, NC.

Med. Sold Price

$660K

Med. Price/SqFt

$316

Avg. Days On Market

53

# of Sold Homes

1

140 Chestnut Way vs Banner Elk

325 DAYS ON ROCKET

+272 Days

$250,000

-$410K Less

KEY TAKEAWAY

This property is $410K less than the Median Sold Price in Banner Elk, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4095068

Listing Office:

  • Office Name: Homecoin.com

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Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-469112
9
/10
  • Banner Elk Elementary School

  • 155 Orchard Ln

  • 2.93 miles

  • Public District Grades PK-5

school-card-donut-469113
8
/10
  • Freedom Trail Elementary School

  • 6110 N US Highway 19E

  • 3.01 miles

  • Public District Grades PK-5

school-card-donut-469114
5
/10
  • Newland Elementary School

  • 750 Linville St

  • 4.87 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,052. The most common annual income of people living in Banner Elk, NC is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 140 Chestnut Way

What is the listing price of this property?

The listing price of 140 Chestnut Way property is $250,000.

What type of property is this?

The property 140 Chestnut Way is land located in Beech Mountain, North Carolina, 28604.

Is this property for sale now?

Active Listing: 140 Chestnut Way is For Sale (Active/New) which means the seller is accepting offers.
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Rocket HomesNorth CarolinaAvery CountyBanner Elk28604140 Chestnut Way

This home is located at 140 Chestnut Way in Beech Mountain, NC and zip code 28604. It has been listed on Rocket Homes since December 19, 2023 and is currently priced at $250,000.

In October 2024 more than 0 listings in Banner Elk, NC were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below. The number of homes for sale in Banner Elk, NC increased by 4% between September 2024 and October 2024. In October 2024, listings were on the market for 53 days. During the same period, the median list price in this real estate market was $660,000.

From Rocket Homes Real Estate and based on county public records data.

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