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Lot/land
  • $945,000

    38 Smoke Rise Drive, Banner Elk, NC 28604

    --beds
    --baths
    7.53Acres
    Unimproved Land
    Built in ----
    7.53 Acres Lot
    $-- Zestimate®
    $--/sqft
    $253/mo HOA

    What's special

    Boulder Park at Eagles Nest is an incredibly unique opportunity to purchase a magnificent 7.53-acre homesite topping out at over 4,350 ft elevation on the front side of the development near the Great Camp. It's one of the largest properties in Eagles Nest and features exquisite boulder formations framing the already-prepared driveway and building site, looking out to an absolutely stunning southwestern mountain view. The driveway to the main building site is up S. Indian Rock Dr., on the right side of the property. This road only serves 3 properties. The property offers two fire pits and a beautiful sitting area atop one of the massive boulder formations for taking in the incredible sunsets. A 3 BR capacity septic system is already in place, and the property has preliminary approval for a 5 BR system. The Lodges at Eagles Nest is a 3,000-plus acre development featuring miles of pristine mountain trails for hiking, mountain biking, ATV riding, a wildlife preserve, waterfalls, trout-filled streams, and access to the gorgeous Elk River. Amenities range from Eagles Nest Winery, Eagles Nest River Club, two barbecue pavilions, an amphitheater, a gym, ballfields, a dog park, an on-site Dollar General store, and the brand new Epic Chophouse Restaurant. Call today to schedule a tour of this magnificent property in the hottest-selling community in The Blue Ridge Mountains, The Lodges at Eagles Nest!
    223 days
    |
    46
    |
    3
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    Zillow last checked: 7 hours ago

    Listing updated: March 29, 2026 at 02:11pm

    Listed by:

    Derek Rowley (910)620-2978,

    Elevate Land & Realty Banner Elk

    Source: High Country AOR,MLS#: 257624MLS LogoOriginating MLS: High Country Association of Realtors Inc.

      Facts & features

      Property

      Features
      • Exterior features: Fire Pit
      • Has view: Yes
      • View description: Long Range, Mountain(s), Southern Exposure
      Lot
      • Size: 7.53 Acres
      • Features: Wooded
      • Topography: Sloping
      • Residential vegetation: Partially Wooded, Wooded
      Details
      • Parcel number: 184900082814
      • Zoning description: Residential

      Utilities & green energy

      • Sewer: Not Connected, Private Sewer, Septic Permit 3 Bedroom, Septic Tank
      • Water: Not Connected, Private, Well
      • Utilities for property: Cable Available, Electricity Available, Phone Available, Underground Utilities, High Speed Internet Available, Septic Available

      Community & HOA

      Community
      • Features: Clubhouse, Dog Park, Fitness Center, Gated, Pickleball, River, Tennis Court(s), Trails/Paths, Long Term Rental Allowed, Short Term Rental Allowed
      • Security: 24 Hour Security
      • Subdivision: The Lodges At Eagles Nest
      HOA
      • Has HOA: Yes
      • HOA fee: $3,030 annually
      Location
      • Region: Banner Elk

      Financial & listing details

      • Tax assessed value: $462,500
      • Annual tax amount: $2,751
      • Date on market: 8/23/2025
      • Listing terms: Cash,Conventional,New Loan
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,189/mo

        Price history

        Price history
        DateEventPrice
        8/23/2025Listed for sale$945,000
        Source: High Country AOR #257624 Report a problem
        8/15/2025Listing removed$945,000
        Source: High Country AOR #250349 Report a problem
        6/14/2024Listed for sale$945,000+13.2%
        Source: High Country AOR #250349 Report a problem
        9/27/2022Sold$835,000+23.7%
        Source: Public Record Report a problem
        1/19/2021Sold$675,000+181.3%
        Source: Public Record Report a problem
        11/19/2020Sold$240,000+37.1%
        Source: Public Record Report a problem
        12/30/2015Sold$175,000
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$1,850 -32.8%$462,500 -32.8%
        2024$2,751 $687,800
        2023$2,751 $687,800
        2022$2,751 +57.2%$687,800 +116.1%
        2021$1,751 +81.9%$318,300 +81.9%
        2020$963 $175,000
        2019$963 $175,000
        2018$963 +105.9%$175,000 +105.9%
        2017$468 +23%$85,000
        2016$380 $85,000
        2015$380 $85,000

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28604

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Freedom Trail
        • Middle: Cranberry
        • High: Avery County

        Source: High Country AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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