1645 Balm Hwy Unit 11-A Banner Elk, NC 28604
Estimated payment $4,374/month
Total Views
87,273
3
Beds
3
Baths
2,149
Sq Ft
$319
Price per Sq Ft
Highlights
- Fishing
- River View
- Vaulted Ceiling
- Banner Elk Elementary School Rated A-
- Stream or River on Lot
- Mountain Architecture
About This Home
Welcome to luxury living in The Lodges at Elkmont! Easy access from the main road but once you step inside, you are greeted with sounds from the stream and peacefulness. This exquisite condominium, boasting three spacious bedrooms and three beautiful baths, is where comfort meets elegance. Immerse yourself in an open floor plan accentuated by vaulted and trey ceilings, creating an inviting atmosphere throughout. A well-appointed kitchen awaits the culinary enthusiast, complete with a large pantry and seamless flow into the great room centered around a grand fireplace. Location is key, and this property is just minutes from downtown Banner Elk, the Banner Elk Winery and a host of activities including the local farmers market, weekly music in the park, fine dining, theater and ski resorts. Spend tranquil evenings on the covered deck, where walls of windows blur the line between comfort of indoors and the beauty of nature. The main level gracefully accommodates the primary and second bedrooms, offering convenience and ample storage, complemented by top-end furnishings included in the sale. Upstairs, discover a cozy second guest suite and loft area with a convertible sofa, fantastic for visiting family or friends. The expansive covered back porch, provides beautiful views and sounds from the meandering mountain stream, great for those peaceful retreat moments. The seller is the second owner of the condo and has not ever been rented. Don’t miss the opportunity to own this mountain sanctuary. Schedule your visit today! There is a 7 night minimum for rentals. Fully furnished. Easy to show!
Listing Agent
Premier Sotheby's International Realty- Banner Elk Brokerage Phone: (828) 387-1897 Listed on: 03/26/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,943
Year Built
- Built in 2005
HOA Fees
- $395 Monthly HOA Fees
Home Design
- Mountain Architecture
- Cottage
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Architectural Shingle Roof
- Shake Siding
- Hardboard
- Stone
Interior Spaces
- 2,149 Sq Ft Home
- 2-Story Property
- Furnished
- Vaulted Ceiling
- Stone Fireplace
- Gas Fireplace
- Propane Fireplace
- Window Treatments
- River Views
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- Private Parking
- Driveway
- Paved Parking
Outdoor Features
- Stream or River on Lot
- Covered Patio or Porch
Schools
- Banner Elk Elementary School
- Avery County High School
Utilities
- Cooling Available
- Heat Pump System
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Long Term Rental Allowed
- Assessor Parcel Number 1869030325590001101
Community Details
Overview
- The Lodges At Elkmont Subdivision
Recreation
- Fishing
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,834 | $458,500 | -- | $458,500 |
| 2023 | $1,834 | $458,500 | $0 | $458,500 |
| 2022 | $0 | $458,500 | $0 | $458,500 |
| 2021 | $1,642 | $298,500 | $29,300 | $269,200 |
| 2020 | $3,313 | $298,500 | $29,300 | $269,200 |
| 2019 | $3,313 | $298,500 | $29,300 | $269,200 |
| 2018 | $1,642 | $298,500 | $29,300 | $269,200 |
| 2017 | $2,989 | $264,500 | $0 | $0 |
| 2016 | $1,183 | $264,500 | $0 | $0 |
| 2015 | $1,183 | $264,500 | $20,000 | $244,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2025 08/18/25 | Price Changed | $685,000 | -1.6% | $319 / Sq Ft |
| 07/21/2025 07/21/25 | Price Changed | $696,000 | -0.3% | $324 / Sq Ft |
| 06/27/2025 06/27/25 | Price Changed | $698,000 | -1.0% | $325 / Sq Ft |
| 05/27/2025 05/27/25 | Price Changed | $705,000 | -1.4% | $328 / Sq Ft |
| 03/26/2025 03/26/25 | For Sale | $715,000 | +19.2% | $333 / Sq Ft |
| 09/16/2022 09/16/22 | Sold | $600,000 | -4.0% | $279 / Sq Ft |
| 08/05/2022 08/05/22 | Pending | -- | -- | -- |
| 07/14/2022 07/14/22 | For Sale | $625,000 | -- | $291 / Sq Ft |
Source: High Country Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,200 | -- | |
| Deed | $342,500 | None Available | |
| Warranty Deed | $491,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $560,000 | Balloon | |
| Previous Owner | $442,161 | Adjustable Rate Mortgage/ARM |
Source: Public Records
About the Listing Agent
Greetings from Banner Elk, NC! I have lived in the Banner Elk area since 1990. I attended Lees McRae College and shorty began my career Club/Resort industry from 1990-2014 which was a great segue way into selling real estate in the High Country. My passion is quite simply people...I take pride in listening to my client's needs and love the search in finding the perfect spot for their mountain home. My passion for this area is both evident to both my buyer and seller clients. I am a member
Morgan's Other Listings
Source: High Country Association of REALTORS®
MLS Number: 254471
APN: 1869-03-03-2559-00011-01
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