Five Bank-Owned lots in Forest Ridge subdivision between Banner Elk & Valle Crucis. Mountain views, gated entrance, paved roads, underground utilities. Lots can be purchased individually. Includes Lots 1,2,4,7,& 11.
Offered for sale are five Bank-Owned REO lots in the Forest Ridge subdivision. The combined acreage of the five lots is 10.95 acres. Forest Ridge, an intimate gated community, is located in the Matney community midway between historic Valle Crucis and the town of Banner Elk off scenic Highway 194.
Forest Ridge features larger lots ranging in size from 1-3 acres, underground utilities, paved roads, and a striking entry gate. The development is only minutes from the Banner Elk Winery, local retail shops, restaurants, professional offices, Lees McRae College, and two area ski resorts.
The five lots have an almost park-like setting and offer both short and long range views of the surrounding mountain peaks and valleys. The lots are offered for sale as a package.
Lot 1 – 2.83 acres
Lot 2 – 1.68 acre
Lot 4 – 2.35 acres
Lot 5 – 2.55 acres
Lot 11 – 1.54 acres
Please note – lots have not been perked.
DIRECTIONS: From traffic light in Banner Elk, travel on Hwy 194 towards Valle Crucis for 5 mi. The gated entrance for Forest Ridge will be on the right. ALTERNATIVE ROUTE: From Valle Crucis, travel on Hwy 194 towards Banner Elk. The entrance to Forest Ridge will be on the left just past the Matney Community Center.
Bill Aceto
baceto@brri.net
828-263-8711×20
828-712-2838
Todd Rice, CRS
trice@brri.net
828-263-8711×23
828-773-9491
