A rare downtown Banner Elk offering in an exquisite, secluded setting! This Mill Pond Manor townhouse boasts 4 bedrooms and 3 full baths on two levels, plus a two car garage and several living areas. An easy walk along the Elk River to the restaurants, summer concerts, summer theatre, Farmers Market and other enjoyable events Banner Elk is known for! Mill Pond Manor is the finest in construction, soundproofing and design! A true Adirondack mountain home that is well landscaped, tranquil and elegant! There are only two buildings and 5 units in Mill Pond Manor. The small community has a beautiful common area with picnic tables, fire pit and a large flat grassy area to play with kids or dogs! Everything you need on one level, with two bedrooms, a loft and and a family room upstairs. The kitchen is open to the dining room and the great room, and features wonderful cabinetry, granite countertops, a natural gas range and a nearby bar with wine cooler. Wood flooring throughout the townhouse with ceramic tile in the bathrooms. A 40 year roof was installed in 2024, and the sellers added a natural gas high efficiency dual furnace for heat and air conditioning in March 2025. Look at the gorgeous flowers out back from the primary bedroom and great room. The 3700 foot elevation will cool you off! Sold mostly furnished (see exceptions list). Short term rentals are not permitted. Mill Pond Manor has the conveniences of natural gas, city water and city sewer, and an elegant drive in on brick pavers. Only the second Mill Pond Manor townhouse to hit the market in the past 15 years!
Sold for $895,000
$895,000
132 Mill Pond Manor Drive #2, Banner Elk, NC 28604
4beds
2,639sqft
Townhouse
Built in 2007
3,049 Square Feet Lot
$898,400 Zestimate®
$339/sqft
$2,959 Estimated rent
Home value
$898,400
Estimated sales range
Not available
$2,959/mo
Zestimate® history
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List your homeWhat's special
Exquisite secluded settingGranite countertopsGorgeous flowersLarge flat grassy areaNatural gas rangeWonderful cabinetryFire pit
Zillow last checked:
Listing updated:
Listed by:
John Heinlein (828)737-3100,
Blue Ridge Realty & Inv. - Banner Elk
Bought with:
Gina Ross, 329315
Keller Williams High Country
Source: High Country AOR,MLS#: 256901
Originating MLS: High Country Association of Realtors Inc.
Originating MLS: High Country Association of Realtors Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Fireplace(s), Gas, Other, See Remarks
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave Hood Fan, Microwave, Other, Refrigerator, See Remarks, Washer
- Laundry: Main Level
Features
- Furnished, Vaulted Ceiling(s), Window Treatments
- Windows: Window Treatments
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: One, Stone, Vented, Gas
- Furnished: Yes
Interior area
- Total structure area: 2,639
- Total interior livable area: 2,639 sqft
- Finished area above ground: 2,639
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage, Two Car Garage, Other, See Remarks, Shared Driveway
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Open
- Has view: Yes
- View description: Seasonal View, Trees/Woods
- Waterfront features: Pond, River Front
Lot
- Size: 3,049 Square Feet
Details
- Parcel number: 18580528197800000
- Zoning description: Residential
Construction
Type & style
- Home type: Townhouse
- Architectural style: Mountain
- Property subtype: Townhouse
Materials
- Shake Siding, Stone, Wood Siding, Wood Frame
- Roof: Architectural,Shingle
Condition
- Year built: 2007
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, High Speed Internet Available
Community & HOA
Community
- Features: Long Term Rental Allowed
- Subdivision: Mill Pond Manor
HOA
- Has HOA: Yes
- HOA fee: $6,960 annually
Location
- Region: Banner Elk
Financial & listing details
- Price per square foot: $339/sqft
- Tax assessed value: $371,500
- Annual tax amount: $3,195
- Date on market: 7/22/2025
- Listing terms: Cash,Conventional,New Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2025 | Sold | $895,000$339/sqft |
Source:  High Country AOR #256901 Report a problem | ||
| 7/25/2025 | Pending sale | $895,000$339/sqft |
Source: High Country AOR #256901 Report a problem | ||
| 7/23/2025 | Contingent | $895,000$339/sqft |
Source: High Country AOR #256901 Report a problem | ||
| 7/22/2025 | Listed for sale | $895,000+253.8%$339/sqft |
Source: High Country AOR #256901 Report a problem | ||
| 12/22/2011 | Sold | $253,000$96/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,486 | $371,500 |
| 2024 | $1,486 | $371,500 |
| 2023 | $1,486 -53.5% | $371,500 |
| 2022 | $3,195 +21.3% | $371,500 +56.6% |
| 2021 | $2,634 | $237,300 |
| 2020 | $2,634 | $237,300 |
| 2019 | $2,634 +0.9% | $237,300 |
| 2018 | $2,610 +146.8% | $237,300 -4% |
| 2017 | $1,058 +17% | $247,100 |
| 2016 | $904 | $247,100 |
| 2015 | $904 | $247,100 |
Find assessor info on the county website
Neighborhood: 28604
Nearby homes
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Nearby schools
GreatSchools rating
- 8/10Banner Elk Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 5/10Cranberry Middle SchoolGrades: 6-8Distance: 5.2 mi
- 3/10Avery County High SchoolGrades: 9-12Distance: 6.8 mi
Schools provided by the listing agent
- Elementary: Banner Elk
- High: Avery County
Source: High Country AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- North Carolina
- Avery County
- Banner Elk
- 28604
- 132 Mill Pond Manor Drive Unit 2
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