43 prime acres in the town of Banner Elk within a short distance to Lees McRae College, the Elk River, the town park, hiking/mountain bike trails, shopping and restaurants, etc. The 43-acre tract is approved for multi-family (R-2) and the front 2 acres are approved for general business (C-2). The property has great views of both the Mill Pond, Elk River as well as long-range views. This could be a great homestead for a family looking for privacy but want the convenience of being within a short distance to town. This is a great opportunity to create a unique community right in the heart of Banner Elk with multiple building sites, views and in-town living.