$895,000
SOLD AUG 22, 2025

132 Mill Pond Manor Dr Unit 2 Banner Elk, NC 28604

4 Beds
3 Baths
2,639 Sq Ft
$580/mo HOA Fee

Recently Sold

$339 Per Sq Ft

3 Days on Market

Highlights

  • River Front
  • Home fronts a pond
  • Vaulted Ceiling
  • Banner Elk Elementary School Rated A-
  • Views of Trees
  • Mountain Architecture

About This Home

As of August 2025

A rare downtown Banner Elk offering in an exquisite, secluded setting! This Mill Pond Manor townhouse boasts 4 bedrooms and 3 full baths on two levels, plus a two car garage and several living areas. An easy walk along the Elk River to the restaurants, summer concerts, summer theatre, Farmers Market and other enjoyable events Banner Elk is known for! Mill Pond Manor is the finest in construction, soundproofing and design! A true Adirondack mountain home that is well landscaped, tranquil and elegant! There are only two buildings and 5 units in Mill Pond Manor. The small community has a beautiful common area with picnic tables, fire pit and a large flat grassy area to play with kids or dogs! Everything you need on one level, with two bedrooms, a loft and and a family room upstairs. The kitchen is open to the dining room and the great room, and features wonderful cabinetry, granite countertops, a natural gas range and a nearby bar with wine cooler. Wood flooring throughout the townhouse with ceramic tile in the bathrooms. A 40 year roof was installed in 2024, and the sellers added a natural gas high efficiency dual furnace for heat and air conditioning in March 2025. Look at the gorgeous flowers out back from the primary bedroom and great room. The 3700 foot elevation will cool you off! Sold mostly furnished (see exceptions list). Short term rentals are not permitted. Mill Pond Manor has the conveniences of natural gas, city water and city sewer, and an elegant drive in on brick pavers. Only the second Mill Pond Manor townhouse to hit the market in the past 15 years!

Last Agent to Sell the Property

John Heinlein

Blue Ridge Realty & Inv. - Banner Elk Brokerage Phone: (828) 737-3100 Listed on: 07/22/2025

Last Buyer's Agent

Gina Ross

Keller Williams High Country

Keller Williams High Country

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,195

Year Built

  • Built in 2007

Lot Details

  • 3,049 Sq Ft Lot
  • Home fronts a pond
  • River Front

HOA Fees

  • $580 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Shared Driveway

Property Views

  • Trees
  • Seasonal

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding
  • Shake Siding
  • Stone

Interior Spaces

  • 2,639 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Stone Fireplace
  • Gas Fireplace
  • Window Treatments
  • Crawl Space

Kitchen

  • Gas Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Open Patio

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Mill Pond Manor Subdivision

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 18580528197800000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,195

Year Built

Built in 2007

Lot Details

0

HOA Fees

$580 per month

Parking

2

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Road Surface Type: Paved
  • Subdivision Name: Mill Pond Manor
  • Above Grade Finished Sq Ft: 2639.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2007
  • Property Sub Type Additional: Townhouse
  • Attribution Contact: (828) 737-3100
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave Hood Fan, Microwave, Other, Refrigerator, See Remarks, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: One, Stone, Vented, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furnished, Vaulted Ceiling(s), Window Treatments
  • Living Area: 2639.0
  • Stories: 2
  • Window Features: Window Treatments

Exterior Features

  • View: Seasonal View, Trees/Woods
  • View: Yes
  • Waterfront Features: Pond, River Front
  • Home Warranty: No
  • Construction Type: Shake Siding, Stone, Wood Siding, Wood Frame
  • Patio And Porch Features: Open
  • Roof: Architectural, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Two Car Garage, Other, See Remarks, Shared Driveway

Utilities

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

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed
  • Association Fee: 6960.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 18580528197800000
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 3195.0
  • Tax Book Number: 461/1114

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2025
Closed on
Aug 21, 2025
Sold by
Russell William D and Russell Sara R
Bought by
Nicholas F Chirico Revocable Living Trust and Karen Marie Leggio Revocable Living Trust
Seller's Agent
John Heinlein
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
Gina Ross
Keller Williams High Country
List Price
$895,000
Sold Price
$895,000
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
-64.96%

Purchase Details

Closed on
Dec 21, 2011
Sold by
Atlas Nc I Spe Llc
Bought by
Russell William D and Russell Sara R
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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 $895,000 None Listed On Document
Warranty Deed $895,000 None Listed On Document
Warranty Deed $253,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $208,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Sold $895,000 0.0% $339 / Sq Ft
07/25/2025 07/25/25 Pending -- -- --
07/22/2025 07/22/25 For Sale $895,000 -- $339 / 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
2024 $1,306 $371,500 $25,000 $346,500
2023 $1,306 $371,500 $25,000 $346,500
2022 $0 $371,500 $25,000 $346,500
2021 $1,058 $237,300 $5,000 $232,300
2020 $2,387 $237,300 $5,000 $232,300
2019 $2,387 $237,300 $5,000 $232,300
2018 $1,058 $237,300 $5,000 $232,300
2017 $2,545 $247,100 $0 $0
2016 $904 $247,100 $0 $0
2015 $904 $247,100 $5,000 $242,100
2012 -- $268,100 $5,000 $263,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 256901

High Country Association of REALTORS®

APN: 1858-05-28-1978-00000