Nestled within Banner Elk's coveted Monteagle development lies a premier lot boasting unrivaled panoramic views of the majestic mountains, including the iconic Grandfather Mountain. With its gentle slope, this 2.68-acre parcel offers a sense of seclusion without compromising convenience, as it's just a short drive to charming Banner Elk with its array of shops and eateries. This beautiful property, situated at an elevation of approximately 4500 feet, ensures refreshing cool breezes and breathtaking vistas from every angle. Additionally, unlike others in the area, its location is outside the gate of the community which means there are no monthly homeowner dues and very limited restrictions, providing the freedom to build your dream home with minimal limitations. Perfectly positioned for outdoor enthusiasts, this lot offers easy access to a plethora of recreational activities, from skiing and hiking, Grandfather Mountain and the Blue Ridge Parkway as well as many concerts and festivals in or around, Banner Elk, Beech Mountain, Sugar Mountain, Valle Crucis, Boone, and Blowing Rock.