Skip main navigation
Sold for $481,000
  • $481,000

    141 Old Hotel Drive Drive #2, Banner Elk, NC 28604

    3beds
    1,783sqft
    Townhouse, Single Family Residence
    Built in 2004
    0.4 Acres Lot
    $512,600 Zestimate®
    $270/sqft
    $2,214 Estimated rent

    Home value

    $512,600

    $482,000 - $548,000

    $2,214/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $2,214/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,214/mo

    Rent Zestimate®

    Refinance and save

    $2,823/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $2,823/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Gas fireplaceSpacious layoutFishing clubsCarpeted floorsWood flooringEnsuite bathroomDual vanities
    Welcome to this beautiful 3 bedroom, 2.5 bath townhome located in the heart of Historic Banner Elk, surrounded by the Blue Ridge mountains and is nestled between two popular ski resorts. Location is prime, with walking distance to local eateries & bars, shopping, Tate-Evans Park, and an abundance of nature trails. The home also has Low HOA fees! Park your car in the garage and step inside on the main level where you have a spacious layout w/ wood flooring, a gas fireplace to cozy up on cool nights, and a gourmet kitchen & dining area. Granite counters, stainless steel appliances, & a breakfast bar are some of the highlights of the chef's kitchen. On this floor is the laundry room and 1/2 bath. Relax out on the covered balconies & soak up the crisp mountain air! Upstairs you have 3 bedrooms, 2 full baths, carpeted floors, and a linen closet. The primary suite has a private balcony, an ensuite bathroom with dual vanities, a jetted tub & step-in shower. The two guest bedrooms share the hallway bathroom that features a jetted tub/ shower combo. You'll love the close proximity to wineries, golfing, tennis courts, fishing clubs, and Grand Father Mountain. Live the mountain dream. This home is a judicial sale. There is a 10 day upset period per the Avery County courts 5% EMD required. Current offer is $481,000. Must be at least 5% higher with a 5% downpayment with Avery County Clerk of Court. Upset period ends at 5pm on October 9, 2023

    Zillow last checked:

    Listing updated:

    Listed by:

    Amanda Sorrow (828)278-7448,

    Realty One Group Results-Banne

    Bought with:

    Lawson Fields, 262182

    Premier Sotheby's International Realty- Banner Elk

    Source: High Country AOR,MLS#: 245695MLS LogoOriginating MLS: High Country Association of Realtors Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Electric, Heat Pump
    Cooling
    • 1 Unit
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Microwave Hood Fan, Microwave, Refrigerator, Washer
    • Laundry: Washer Hookup, Dryer Hookup, Main Level
    Features
    • Furnished
    • Number of fireplaces: 1
    • Fireplace features: One, Gas, Stone, Vented
    • Furnished: Yes
    Interior area
    • Total structure area: 1,783
    • Total interior livable area: 1,783 sqft
    • Finished area above ground: 1,783
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage, One Car Garage
    • Garage spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.4 Acres
    Details
    • Parcel number: 185805295649

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Cottage
    • Property subtype: Townhouse, Single Family Residence
    Materials
    • Wood Siding, Wood Frame
    • Foundation: Slab
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 2004

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Long Term Rental Allowed, Short Term Rental Allowed
    • Subdivision: The Cottages
    HOA
    • Has HOA: Yes
    • HOA fee: $50 monthly
    Location
    • Region: Banner Elk

    Financial & listing details

    • Price per square foot: $270/sqft
    • Tax assessed value: $347,600
    • Annual tax amount: $2,801
    • Date on market: 9/9/2023
    • Listing terms: Cash,Conventional,New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    11/14/2023Sold$481,000-3.6%$270/sqft
    Source: High Country AOR #245695 Report a problem
    10/11/2023Contingent$499,000$280/sqft
    Source: High Country AOR #245695 Report a problem
    9/9/2023Listed for sale$499,000+135.9%$280/sqft
    Source: High Country AOR #245695 Report a problem
    11/30/2017Sold$211,500-1.4%$119/sqft
    Source: High Country AOR #200494 Report a problem
    4/30/2014Sold$214,500$120/sqft
    Source: High Country AOR #183500 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,390 $347,600
    2024$1,390 $347,600
    2023$1,390 -53.5%$347,600
    2022$2,989 +31.9%$347,600 +70.2%
    2021$2,267 $204,200
    2020$2,267 $204,200
    2019$2,267 +0.9%$204,200
    2018$2,246 +100%$204,200 +26.4%
    2017$1,123 +55.4%$161,600
    2016$723 $161,600
    2015$723 $161,600
    Find assessor info on the county website

    Neighborhood: 28604

    Nearby schools

    GreatSchools rating
    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.

    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $512,600
    2% more
    +$10,252
    With Zillow Showcase(estimated)
    $522,852