648 Penny Ln Unit 2A Banner Elk, NC 28604
Estimated payment $4,636/month
Total Views
1,346
3
Beds
3
Baths
2,162
Sq Ft
$335
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
Premier Sotheby's International Realty- Banner Elk Brokerage Phone: (828) 260-2148 Listed on: 05/29/2025
Co-Listing Agent
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
Map
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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 |
|---|---|---|---|---|
| 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 |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Pending | -- | -- | -- |
| 07/08/2025 07/08/25 | Price Changed | $725,000 | -3.3% | $335 / Sq Ft |
| 06/09/2025 06/09/25 | For Sale | $749,900 | 0.0% | $347 / Sq Ft |
| 06/01/2025 06/01/25 | Pending | -- | -- | -- |
| 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
Similar Homes in the area
Source: High Country Association of REALTORS®
MLS Number: 255556
APN: 1859130354120001503
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