325 Penny Ln Unit D1 Banner Elk, NC 28604
Estimated payment $3,661/month
Highlights
- 18 Acre Lot
- Mountain View
- Tankless Water Heater
- Banner Elk Elementary School Rated A-
- Mountain Architecture
- Outdoor Grill
About This Home
Perfect location at the base of Beech Mtn and only 5 minutes to the heart of Banner Elk. A ground floor unit, this spacious, large 2-bedroom condo offers comfortable living and breathtaking long-range mountain views of Grandfather Mountain. From the moment you step inside, your eyes are drawn to the expansive sliding doors that frame the incredible long-range vistas, creating a living mural that changes with the seasons The open-concept living, dining, and kitchen area encourages togetherness, while the oversized patio provide a front-row seat to the stunning natural scenery. The open-concept layout is designed to maximize natural light and highlight the spectacular, long-range views visible from the spacious living area, primary bedroom and roomy patio. Enjoy a generous primary suite, an updated kitchen, and large laundry area all with the convenience of condo living. The oversized patio with built in gas grill, is a great space for outdoor dining or enjoying a glass of wine at sunset. This is your opportunity to own a piece of paradise, if you're seeking tranquility without sacrificing proximity to local amenities this one is for you. The condo has a special water filtration, security system, gas Rinnai water heater and custom wood blinds. Some furnishings are negotiable. 30 day minimum for rentals.
Listing Agent
Keller Williams High Country Brokerage Phone: 828-387-1794 Listed on: 10/05/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,757
Year Built
- Built in 2012
HOA Fees
- $247 Monthly HOA Fees
Parking
- No Garage
Home Design
- Mountain Architecture
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Architectural Shingle Roof
- Stone Veneer
- Hardboard
Interior Spaces
- 1,453 Sq Ft Home
- 1-Story Property
- Stone Fireplace
- Mountain Views
Kitchen
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Schools
- Banner Elk Elementary School
- Avery County High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Tankless Water Heater
- Gas Water Heater
Additional Features
- Outdoor Grill
- Property fronts a private road
Community Details
- The Vistas Subdivision
Listing and Financial Details
- Assessor Parcel Number 1859-13-03-5412-00003-04
Map
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 | $1,748 | $436,900 | -- | $436,900 |
| 2023 | $1,748 | $436,900 | $0 | $436,900 |
| 2022 | $0 | $436,900 | $0 | $436,900 |
| 2021 | $1,631 | $296,500 | $25,000 | $271,500 |
| 2020 | $3,291 | $296,500 | $25,000 | $271,500 |
| 2019 | $3,291 | $296,500 | $25,000 | $271,500 |
| 2018 | $1,631 | $296,500 | $25,000 | $271,500 |
| 2017 | $2,920 | $258,400 | $0 | $0 |
| 2016 | $1,156 | $258,400 | $0 | $0 |
| 2015 | $1,156 | $258,400 | $40,000 | $218,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/05/2025 10/05/25 | Price Changed | $582,500 | +10.2% | $401 / Sq Ft |
| 10/05/2025 10/05/25 | For Sale | $528,500 | -- | $364 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $434,000 | Accommodation | |
| Warranty Deed | $868 | None Listed On Document | |
| Warranty Deed | $274,000 | None Available |
Source: High Country Association of REALTORS®
MLS Number: 258394
APN: 1859-13-03-5412-00003-04
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