Lot #10 Camelot Drive, Banner Elk, NC 28604

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.