$700,000
SOLD APR 15, 2025

162 Red Deer Run Unit A Banner Elk, NC 28604

3 Beds
3 Baths
2,240 Sq Ft
$395/mo HOA Fee

Recently Sold

$312 Per Sq Ft

2% Below List Price

54 Days on Market

Highlights

  • Vaulted Ceiling
  • Mountain Architecture
  • Cooling Available
  • Banner Elk Elementary School Rated A-
  • Furnished
  • Forced Air Heating System

About This Home

As of April 2025

Spectacular Lodges at Elkmont mountain home features sweeping, panoramic views of surrounding peaks from a wrap-around balcony and direct walk-in (4 steps). 2240 SQFT with 3 spacious bedrooms and 3 full bathrooms designed to create a comfortable living experience, while seamlessly connecting to the awe-inspiring outdoor landscape. Expansive windows flood the home with natural light, giving every room a bright and airy feel. The cozy, open floorplan living area with hardwood flooring, soaring ceilings, and a floor to ceiling gas log fireplace offers a perfect setting to unwind after a day of exploring. The kitchen boasts granite counters, custom cabinets, a huge pantry and a dining area that has endless mountain views. Off the kitchen is your laundry room with a new washer & dryer, large sink, plenty of counter space, and a coffee bar. On the main living level is your Primary Suite with a private entry to the balcony, a walk-in closet, & bathroom featuring dual sinks, and step-in shower. Also on this floor is a guest bedroom with a full bathroom and jetted tub. Upstairs highlights an open-air loft with a queen bed, pull out sofa, reading nook, & fitness space. Off from the loft is your 3rd bedroom and a full bathroom. Enjoy an evening beverage on the expansive wrap around deck while watching the sun set. The community features beautifully landscaped grounds with a private park, firepit, gazebo, sledding hill, and mountain streams to relax by. Located just a mile from the charming historic downtown of Banner Elk with local eateries, shopping, golfing, ski resorts, wineries and abundance of hiking opportunities. Whether you're looking for a vacation home investment, a seasonal getaway, or a year-round residence. Recent upgrades include Trane XL 14 HVAC system with extended warranty, water heater, hard woods, dishwasher, sink, new mattresses, TVs, washer dryer, and 9 new Pella windows including loft awning windows. This unit has never been rented.

Last Agent to Sell the Property

Amanda Sorrow

Realty One Group Results-Banner Elk Brokerage Phone: (828) 278-7448

Realty One Group Results-Banner Elk

Last Buyer's Agent

Jan Blair

Premier Sotheby's Int'l Realty

Premier Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,937

Year Built

  • Built in 2005

HOA Fees

  • $395 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Mountain Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Metal Roof
  • Wood Siding
  • Shake Siding
  • Hardboard
  • Stone

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Gas Fireplace

Kitchen

  • Electric Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System
  • High Speed Internet

Community Details

  • The Lodges At Elkmont Subdivision

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 186903025590000701

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,937

Year Built

Built in 2005

Lot Details

0

HOA Fees

$395 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: The Lodges At Elkmont
  • Above Grade Finished Sq Ft: 2240.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2005
  • Property Sub Type Additional: Condominium
  • Attribution Contact: (828) 278-7448
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Furnished, Vaulted Ceiling(s)
  • Living Area: 2240.0
  • Stories: 2

Exterior Features

  • Home Warranty: No
  • Construction Type: Hardboard, Shake Siding, Stone, Wood Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Architectural, Metal, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Cooling: Heat Pump, 1 Unit
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed
  • Association Fee: 395.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 186903025590000701
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3937.0
  • Tax Book Number: 592/928

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Sold $700,000 -2.1% $313 / Sq Ft
02/20/2025 02/20/25 For Sale $715,000 -- $319 / Sq Ft
Source: High Country Association of REALTORS®

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 $1,834 $458,500 $0 $458,500
2022 $0 $458,500 $0 $458,500
2021 $1,790 $325,500 $56,300 $269,200
2020 $3,613 $325,500 $56,300 $269,200
2019 $3,720 $325,500 $56,300 $269,200
2018 $1,898 $325,500 $56,300 $269,200
2017 $3,076 $264,500 $0 $0
2016 $1,254 $264,500 $0 $0
2015 $1,254 $264,500 $20,000 $244,500
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $700,000 None Listed On Document
Warranty Deed $650,000 None Listed On Document
Warranty Deed $390,000 None Available
Warranty Deed $517,500 None Available
Source: Public Records

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Source: High Country Association of REALTORS®

MLS Number: 253822

High Country Association of REALTORS®

APN: 1869-03-03-2559-00007-01