Residential development tract with plans for 36 units!
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Tract 2 Orchard Lane, Banner Elk 28604
This prime residential development tract comes with engineering plans which have been tentatively reviewed by the town Banner Elk for 36 housing units. The site provides easy access to all utilities including town water & sewer, telephone, cable, and natural gas. Very convenient Banner Elk location! Asking price is well below existing appraisal which was conducted in late 2007. This is a developers dream with much of the preliminary work already done.
This property is currently zone R-2 General Residential District by the Town of Banner Elk. Preliminary engineering plans will be available from the listing office. Construction has begun on the new Banner Elk Elementary School directly across the street from this property.