Tbd Nc Highway 194 None S, Sugar Grove, NC
$1,250,000
Listing courtesy of Berkshire Hathaway HomeServices Vincent Properties (Jay Vincent). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.
Valle Farm represents a rare convergence of scale and historical context, situated directly across from the Original Mast General Store in the core of Valle Crucis. The twenty-nine-acre estate is defined by a sophisticated topography of high-elevation ridges, offering the layered, long-range Blue Ridge Mountain views that remain the primary driver for land acquisition in the High Country. Unlike more remote mountain tracts, this acreage benefits from direct access via state-maintained roads and a pre-existing network of trails that navigate a landscape of mature timber, a private pond, and significant stream frontage. The property’s versatility allows for a singular family legacy estate or a boutique agricultural pursuit, with an option to incorporate an additional two-acre parcel featuring an existing barn and residence. For those monitoring the Sugar Grove submarket, the scarcity of large, contiguous parcels within walking distance of Valle Crucis’s protected historic district ensures long-term value preservation. Private inquiries regarding Valle Farm may be directed to Peters & Associates.
About the home
Valle Farm: a rare offering of 29+ acres with an extensive trail system in the heart of Valle Crucis! Located across the road from the Original Mast General Store, and with wooded acreage and long-range, layered Blue Ridge Mountain views at high elevations, this tract offers the potential for many different uses. Offering easy access year-round off of state-maintained roads (future driveway to be constructed by future owner), this is the perfect place for a homestead, family estate/legacy property, horse property, or investment opportunity with potential for development or commercial use. The wooded acreage is easily accessible over an extensive trail system and offers a small pond, stream frontage, and good potential homesites with long-range views. With serenity and mountain views year-round, this is the perfect place to enjoy all the High Country has to offer! Property is also being offered with two additional acres including a barn, house, and frontage on NC Highway 194 S.
Price in context
- 4th highest asking price of 4 active $1.5M+ homes in Sugar Grove.
- No price changes since it was listed.
- 188 days on the market, listed 2026-01-09.
- County tax assessment $545,100; the asking price is 2.29× the assessed value.
Location
Assigned schools
- Elementary: Valle Crucis
- Middle: Watauga
- High: Watauga
School assignments come from the listing and can change; confirm with the district.
Features
- Exterior
- Other - See Remarks
- View
- Long Range, Mountain(s), Year Round
- Lot
- Sloped, Wooded
- County
- Watauga
Comparable homes on the market
- 3606 Nc Highway 194 None S, Sugar Grove — $1,500,000, 2 bd, 1,299 sq ft, 0.1 mi away
- 4584 & 4582 Nc Highway 194 None S, Banner Elk — $1,250,000, 7 bd, 4,853 sq ft, 0.6 mi away
- 5742 Nc Highway 194 None S, Banner Elk — $4,900,000, 4 bd, 8,672 sq ft, 1.4 mi away
- 3771 Us Highway 421 Highway N, Vilas — $1,995,000, 3.3 mi away
- 217 Sunrise Vista Lane, Banner Elk — $2,799,999, 4 bd, 3,066 sq ft, 3.3 mi away
- 352 Great Sky Drive, Banner Elk — $1,300,000, 4 bd, 2,416 sq ft, 3.6 mi away
See it privately
Nicholas and Miriam Peters show every home personally. Peters & Associates, 4401 Barclay Downs Dr #132, Charlotte, NC 28209. Office 704-264-4572. Request a private showing.