$749,900
PENDING

648 Penny Ln Unit 2A Banner Elk, NC 28604

Estimated payment $4,875/month

Total Views 201
3 Beds
3 Baths
2,162 Sq Ft
$347 Price per Sq Ft

Highlights

  • Mountain View
  • Vaulted Ceiling
  • Covered patio or porch
  • Banner Elk Elementary School Rated A-
  • Mountain Architecture
  • Tankless Water Heater

About This Home

Stunning Grandfather Mountain views from this spacious upper-level vistas unit. Experience breathtaking long-range views of Grandfather Mountain from this expansive upper-level condominium in The Vistas, easily accessible via elevator or stairs. This beautifully maintained home features a modern kitchen with granite countertops, abundant cabinetry and high-end appliances—great for cooking and entertaining. The open-concept living and dining area is accented by a vaulted ceiling and a striking stone fireplace with gas logs, creating a warm and inviting atmosphere. Enter into the spacious primary suite, where you can wake up to panoramic mountain views. The en-suite bath offers a jetted tub, tiled shower, and generous space for comfort and relaxation. A second bedroom, complete with plantation shutters and its en-suite bath, provides a retreat for guests. Upstairs, a versatile loft and third bedroom with a full bath offer additional living or workspace options. Enjoy the outdoors year-round on the oversized, covered deck, great for relaxing or entertaining. It features a built-in gas grill, a locked storage area, and the ideal setting to take in sunsets and soaring mountain birds. Additional highlights include a separate laundry room with sink, counter space and ample storage. Natural gas serving the tankless water heater, fireplace, range, furnace and deck grill. Peaceful, centrally located community is just minutes from Main Street Banner Elk. Easy access to Beech and Sugar Mountain, golf courses, biking trails, theater, restaurants and shopping. This is your chance to enjoy mountain living at its finest, with style, comfort and convenience. Being sold unfurnished.

Listing Agent

Judy Nye

Premier Sotheby's International Realty- Banner Elk Brokerage Phone: (828) 260-2148 Listed on: 05/29/2025

Premier Sotheby's International Realty- Banner Elk

Co-Listing Agent

Matt Lambert

Premier Sotheby's International Realty- Banner Elk Brokerage Phone: (828) 260-2148

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,172

Year Built

  • Built in 2018

Lot Details

  • Property fronts a private road

HOA Fees

  • $318 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Mountain Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Stone Veneer
  • Hardboard

Interior Spaces

  • 2,162 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Stone Fireplace
  • Gas Fireplace
  • Mountain Views

Kitchen

  • Gas Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch
  • Outdoor Grill

Schools

  • Banner Elk Elementary School
  • Cranberry Middle School
  • Avery County High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1859-13-03-5412-00015-03

Community Details

Overview

  • The Vistas Subdivision

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,172

Year Built

Built in 2018

Lot Details

0

HOA Fees

$318 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 248
  • Co List Office Phone: (828) 898-5022
  • Subdivision Name: The Vistas
  • Above Grade Finished Sq Ft: 2162.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2018
  • Property Sub Type Additional: Condominium
  • Attribution Contact: (828) 260-2148
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Range, Gas Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: One, Stone, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Elevator, Vaulted Ceiling(s)
  • Living Area: 2162.0
  • Stories: 2

Exterior Features

  • View: Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Hardboard, Stone Veneer, Wood Frame
  • Exterior Features: Elevator, Outdoor Grill
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Multiple
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Green Building Features: Elevator(s)
  • Cooling: Central Air, 1 Unit
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 3818.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk
  • High School: Avery County
  • Middle Or Junior School: Cranberry

Lot Info

  • Parcel #: 1859-13-03-5412-00015-03
  • Zoning Description: R2

Tax Info

  • Tax Annual Amount: 4172.0
  • Tax Book Number: 537/1305

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $1,940 $485,100 $0 $485,100
2022 $1,940 $485,100 $0 $485,100
2021 $2,531 $460,100 $60,000 $400,100
2020 $2,531 $460,100 $60,000 $400,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 For Sale $749,900 -- $347 / Sq Ft
Source: High Country Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $499,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,000 New Conventional
Source: Public Records

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Source: High Country Association of REALTORS®

MLS Number: 255556

High Country Association of REALTORS®

APN: 1859130354120001503

North Carolina Avery County Banner Elk 28604

648 Penny Ln Unit 2A, Banner Elk, NC

This home is located at 648 Penny Ln Unit 2A, Banner Elk, NC 28604 and is currently priced at $749,900, approximately $346 per square foot. This property was built in 2018. 648 Penny Ln Unit 2A is a home located in Avery County with nearby schools including Banner Elk Elementary School and Avery Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

High Country Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Nearby Homes
Listing Agent
Judy Nye
Section Image
Premier Sotheby's International Realty- Banner Elk
(828) 471-4705