$590,000
SOLD MAY 7, 2025

127 Charles Lowe Ln Unit 17 Banner Elk, NC 28604

3 Beds
2.5 Baths
1,895 Sq Ft
$50/mo HOA Fee

Recently Sold

$311 Per Sq Ft

3% Above List Price

25 Days on Market

Highlights

  • Traditional Architecture
  • Furnished
  • 1 Car Attached Garage
  • Banner Elk Elementary School Rated A-
  • Covered patio or porch
  • Oversized Parking

About This Home

As of May 2025

Beautiful, Centrally Located Banner Elk Townhouse! This home features 3 Bedrooms, 2.5 Bathrooms, and 1,895 sqft of living space with an attached garage, located in the heart of Banner Elk. Just a 60-second walk from your front door, and you'll have access to restaurants, shopping, and all the town of Banner Elk has to offer! Step inside and you'll immediately be greeted by a foyer with soaring ceilings and an elegant chandelier above. From here, you'll find a cozy living space with a natural gas-burning fireplace, which opens into the dining area with seating for six, and a modern, fully equipped kitchen. Multiple glass doors across the back wall flood the space with natural light and lead to a private patio for outdoor enjoyment. Upstairs, the luxurious primary suite boasts its own private balcony, a spa-like bathroom with dual vanities, a jacuzzi tub with its own fireplace, a walk-in shower, and a large walk-in closet. This floor also features an additional two bedrooms and a bathroom, with one bedroom featuring a closet that's been turned into a built-in bunk area for little ones! Washer & Dryer are on this floor too. Beautifully furnished throughout and being offered fully furnished by the owners, minus some select exclusions. This community is Airbnb/VRBO-friendly — perfect for those who wish to rent when not in use! Can't beat the location! Will go quickly! Inquire today!

Last Agent to Sell the Property

Brandon Freyer

Keller Williams High Country Brokerage Phone: (845) 821-4795 Listed on: 04/12/2025

Keller Williams High Country

Last Buyer's Agent

Zoe Schmidinger

The Summit Group Of The Carolinas

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,277

Year Built

  • Built in 2004

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Oversized Parking
  • Driveway

Home Design

  • Traditional Architecture
  • Cottage
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,895 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Gas Fireplace
  • Double Pane Windows

Kitchen

  • Gas Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • High Speed Internet

Additional Features

  • Covered patio or porch
  • 1,742 Sq Ft Lot

Community Details

  • The Cottages Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1858-05-29-3509-00000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,277

Year Built

Built in 2004

Lot Details

0

HOA Fees

$50 per month

Parking

1

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • Road Surface Type: Paved
  • Subdivision Name: The Cottages
  • Above Grade Finished Sq Ft: 1895.0
  • Architectural Style: Cottage, Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2004
  • Property Sub Type Additional: Townhouse
  • Attribution Contact: (845) 821-4795
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Range, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: One, Vented, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furnished
  • Living Area: 1895.0
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior Features

  • View: Residential
  • Home Warranty: No
  • Construction Type: Fiber Cement, Wood Frame
  • Exterior Features: Paved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Multiple
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Concrete, Driveway, Garage, One Car Garage, Oversized, Paved, Private

Utilities

  • Laundry Features: Upper Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 300.0
  • Association Fee Frequency: Semi-Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk
  • High School: Avery County

Lot Info

  • Parcel #: 1858-05-29-3509-00000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3277.0
  • Tax Book Number: 470/421

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2025
Closed on
Apr 30, 2025
Sold by
Abbott Michael C and Abbott Kerstin N
Bought by
Be Cottage Llc
Seller's Agent
Brandon Freyer
Keller Williams High Country
Buyer's Agent
Zoe Schmidinger
The Summit Group Of The Carolinas
List Price
$575,000
Sold Price
$590,000
Premium/Discount to List
$15,000
2.61%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-21.53%

Purchase Details

Closed on
Sep 9, 2011
Sold by
Downtown Developments Co
Bought by
Deustche Bak National Trust Co
Source: Public Records

Similar Homes in Banner Elk, NC

  • 120 Bear Cub Ln Unit 120, Banner Elk, NC 28604

    $635,000

    • 3 Beds
    • 2.5 Baths
    • 1,773 Sq Ft
    • 120 Bear Cub Ln
    • Unit 120
    • Banner Elk, NC

    Nestled in the scenic mountains of NC, this beautifully maintained townhouse offers the perfect blend of comfort, accessibility and breathtaking natural beauty. Ideal as a full-time residence or summer escape from hot weather, this home features an open-concept main level with cozy living and dining space, a fully equipped kitchen with large windows that invite the serene mountain views inside.

    Suzanne London Realty One Group Results-Banne

    Section Image
  • 52 Eagle Cottage Ln Unit 8, Banner Elk, NC 28604

    $674,000

    • 1 Bed
    • 2 Baths
    • 1,174 Sq Ft
    • 52 Eagle Cottage Ln
    • Unit 8
    • Banner Elk, NC

    Fabulous Opportunity in The Lodges at Eagle’s Nest! Don’t miss your chance to own this fully furnished, one-bedroom, two-bath river cottage in the highly sought-after River Club at Eagle’s Nest. This charming mountain retreat offers a rare blend of luxury, adventure, and convenience, all within one of the most desired communities in the High Country. Enjoy full access to Eagle’s Nest amenities,

    Hope Caroselli Blue Ridge Realty & Inv. Boone 895

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $590,000 None Listed On Document
Warranty Deed $590,000 None Listed On Document
Trustee Deed $143,200 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2025 05/07/25 Sold $590,000 +2.6% $311 / Sq Ft
04/12/2025 04/12/25 For Sale $575,000 +275.4% $303 / Sq Ft
11/27/2012 11/27/12 Sold $153,153 -12.4% $92 / Sq Ft
11/06/2012 11/06/12 Pending -- -- --
07/17/2012 07/17/12 For Sale $174,900 -- $105 / Sq Ft
Source: High Country Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $1,524 $381,100 $60,000 $321,100
2022 $0 $381,100 $60,000 $321,100
2021 $1,220 $221,800 $60,000 $161,800
2020 $2,462 $221,800 $60,000 $161,800
2019 $2,462 $221,800 $60,000 $161,800
2018 $1,220 $221,800 $60,000 $161,800
2017 $2,048 $178,300 $0 $0
2016 $823 $178,300 $0 $0
2015 $829 $178,300 $25,000 $153,300
2012 -- $274,900 $85,000 $189,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 254807

High Country Association of REALTORS®

APN: 1858-05-29-3509-00000