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Elk River frontage, Lot 5 is .519 acres +/- around 3,400 ft elevation at Riverwalk an Eagles Nest Community. Riverwalk is a small community of 9 lots with 4 homes already completed where owners can enjoy exclusive membership to the River Club, providing access to prime trout fishing waters along the Elk River. Minimum heated living area for construction 1,100 sq ft with Architectural committee review. The gated community offers paved road, underground electric, mature landscaping with hardwoods and rhodendrons. Riverwalk owners have access to The Lodges at Eagles Nest community amenities inlcuding ATV/Hiking Trails, Pavilion, Sportsman's Lodge, Ball Field, Sports Court, Dog Park, Playground, Archery, Climbing Tower, The Great Lawn, Toy Barn, Cigar Bar, BBQ Pavilion, Fire Pits, Teepee Village, winery and more. Located minutes from Banner Elk restaurants and shopes as well as High Country activities including wintertime skiing. Communicty septic installed. Permit in disclosures. Owner financing available.

Highlights

  • Land
  • 0.519 Acre Lot
  • $2,200/yr HOA
  • Waterfront
  • 111 days on Market


  • Acres
    0.519
  • Lot Features
    Rolling Slope, Sloped, Waterfront
  • Water Front Features
    Stream, River Access, River Front
  • Water Front
    Yes
  • View
    Trees/Woods, River
  • Utilities
    Electricity Available, Underground Utilities

  • Area
    8-Banner Elk
  • County
    Avery
  • City
    Banner Elk
  • Neighborhood
    The Lodges At Eagles Nest
  • Zip Code
    28604
  • High School
    Avery County
  • Elementary School
    Banner Elk

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Frequently Asked Questions

How do I schedule a tour of 5 River Haven Dr #LOT?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 5 River Haven Dr #LOT.

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 5 River Haven Dr #LOT?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $297,500. We can talk through recent upgrades, potential seller motivation, how this land compares to others in Banner Elk, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 5 River Haven Dr #LOT?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 5 River Haven Dr #LOT at around $1,762. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 5 River Haven Dr #LOT?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Avery County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 5 River Haven Dr #LOT?

In most cases, yes. Whether 5 River Haven Dr #LOT is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Banner Elk's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 5 River Haven Dr #LOT?

We can handle that for you. Our preferred local agent specializes in lands in Banner Elk and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

5 River Haven Dr #LOT was listed on July 23, 2026, which means it's been on the market for 111 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

5 River Haven Dr #LOT sits on a 0.52-acre lot, which is 22,651 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Banner Elk
  • High: Avery County

Want to see how these schools compare? Check out our Avery County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 5 River Haven Dr #LOT?

The most recent public record shows annual property taxes for 5 River Haven Dr #LOT were approximately $834. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $2,200 paid annually.

Is 5 River Haven Dr #LOT still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, High Country AOR. All rights reserved.

Last Updated: November 11, 2026 at 03:01AM | Source: High Country AOR | MLS#: 263377