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Sunalei Forest Estate #5 is a 10.99-acre high-elevation homesite located within the final large-acreage release inside Sunalei, one of the High Country's most unique and naturally preserved mountain communities. Topping out at approximately 3,900 feet in elevation, this property offers highly usable, gently sloping terrain for a custom mountain estate with a walk-out lower level. The land configuration and topography make this homesite especially well-suited for an equestrian retreat, with ample room for barns, fenced pasture, and additional outbuildings while maintaining privacy and long-term view protection. Estate #5 features ridgeline and nature views framed by mature hardwoods and native mountain vegetation. Streams flowing through this property and off Snake Mountain serve as important headwaters feeding the North Fork of the New River, widely regarded as the second-oldest river in the world, adding both ecological significance and natural beauty to the homesite. In addition, this estate borders approximately 38 acres of Sunalei conservation land, significantly enhancing the sense of seclusion and ensuring protected surroundings beyond your property lines. Owners within Sunalei Forest may build a primary residence of at least 3,000 heated square feet along with a secondary guest home, offering flexibility for multi-generational living or legacy estate planning. Equestrian use is permitted within Sunalei Forest, further expanding the possibilities for those seeking space, privacy, and authentic mountain living. Sunalei is surrounded by extensive preserved lands, including nearly 450 acres owned by Elk Knob State Park and approximately 60 acres of Sunalei community-owned mountaintop property featuring High Mountain Camp, a gathering lodge with a commercial-style kitchen, billiards, a large stone fireplace, an expansive viewing deck, and over 100 miles of western mountain views. With fewer than 100 total homesites planned for the entire community, Sunalei represents a rare opportunity to own large, protected acreage in a high-elevation Blue Ridge setting that could not be replicated today.
| DAYS ON MARKET | 6 | LAST UPDATED | 3/2/2026 |
|---|---|---|---|
| TRACT | Sunalei Preserve | YEAR BUILT | 0 |
| COMMUNITY | 7-Cove Creek | COUNTY | Watauga |
| STATUS | Active | PROPERTY TYPE(S) | Lot/Land/Acreage |
| Elementary School | Mabel |
|---|---|
| High School | Watauga |
| ADDITIONAL DETAILS | |
| AREA | 7-Cove Creek |
|---|---|
| HOA DUES | 2250 |
| INTERIOR | High Speed Internet |
| LOT | 10.99 acre(s) |
| LOT DESCRIPTION | Level, Rolling Slope, Waterfront, Wooded |
| LOT DIMENSIONS | 10.99 |
| SEWER | Private Sewer |
| SUBDIVISION | Sunalei Preserve |
| TAXES | 100 |
| UTILITIES | Electricity Available, Phone Available, Underground Utilities, Cable Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s), Trees/Woods |
| WATER | Private, Well |
| WATERFRONT DESCRIPTION | Creek, Stream |
| ZONING | Residential |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listing provided by Derek Rowley, Elevate Land & Realty Banner Elk, (910) 620-2978
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