For sale

Price cut: $14K (6/26)

$485,000

162 Wapiti Way #D, Banner Elk, NC 28604

2beds

1,521sqft

$3,180/mo

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Condominium

Built in 2005

-- sqft lot

$464,900 Zestimate^®

$319/sqft

$395/mo HOA

What's special

Nice fireplaceOne level livingExcellent kitchenCovered deckTastefully updated unitGrounds are maintained beautifullyLuxury plank floors

Two bedroom, two bath luxury condo at the Lodges at Elkmont. This tastefully updated unit has been meticulously care for, and is a great place for a family retreat or investment property. The luxury plank floors accent the space and the covered deck add to the home. Nice fireplace, excellent kitchen and one level living. Great wrap around porch to enjoy the evenings. The grounds are maintained beautifully. Within minutes of downtown Banner Elk and everything it has to offer, including Grandfather Mountain, impeccable dining, and hiking and biking trails. Short term rentals are permitted, but there is a minimum of seven days. Furnished with a few exceptions.

84 days

515

27

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Electric, Forced Air, Fireplace(s)

Cooling

Central Air, 1 Unit

Appliances

Included: Dryer, Dishwasher, Exhaust Fan, Electric Range, Electric Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Washer
Laundry: Washer Hookup, Dryer Hookup, Main Level

Features

Furnished, Window Treatments
Windows: Double Pane Windows, Window Treatments
Has fireplace: Yes
Fireplace features: Gas, Stone, Propane
Furnished: Yes

Interior area

Total structure area: 1,490
Total interior livable area: 1,521 sqft
Finished area above ground: 1,521
Finished area below ground: 0

Property

Parking

Parking features: Driveway, No Garage, Paved, Private
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Patio & porch: Covered
Exterior features: Paved Driveway
Has view: Yes
View description: Seasonal View, Trees/Woods

Details

Parcel number: 1869030325590001004

Construction

Type & style

Home type: Condo
Architectural style: Mountain
Property subtype: Condominium

Materials

Hardboard, Stone Veneer, Wood Siding, Wood Frame
Foundation: Slab
Roof: Architectural,Metal,Shingle

Condition

Year built: 2005

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, Short Term Rental Allowed
Subdivision: The Lodges At Elkmont

HOA

Has HOA: Yes
HOA fee: $395 monthly

Location

Region: Banner Elk

Financial & listing details

Price per square foot: $319/sqft
Tax assessed value: $372,900
Annual tax amount: $3,206
Date on market: 4/29/2026
Listing terms: Cash,New Loan
Road surface type: Paved

Estimated market value

$464,900

$442,000 - $488,000

$2,958/mo

Price history

Date	Event	Price
6/26/2026	Price change	$485,000-2.8%$319/sqft
Source: High Country AOR #261587 Report a problem
5/1/2026	Listed for sale	$499,000+27.9%$328/sqft
Source: High Country AOR #261587 Report a problem
9/1/2021	Sold	$390,000+69.6%$256/sqft
Source: Public Record Report a problem
7/3/2018	Sold	$230,000-5.7%$151/sqft
Source: Public Record Report a problem
5/25/2018	Listed for sale	$244,000-46.5%$160/sqft
Source: Keller Williams High Country Realty #207872 Report a problem
6/1/2007	Sold	$456,000$300/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,492	$372,900
2024	$1,492	$372,900
2023	$1,492 -53.5%	$372,900
2022	$3,207 +55.9%	$372,900 +101.2%
2021	$2,057	$185,300
2020	$2,057	$185,300
2019	$2,057 +0.9%	$185,300
2018	$2,038 +100%	$185,300 +1.9%
2017	$1,019 +25.3%	$181,900
2016	$813	$181,900
2015	$813	$181,900

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 28604

Getting around

2 / 100

Car-Dependent

Nearby schools

GreatSchools rating

8/10
Banner Elk Elementary School
Grades: PK-5Distance: 1.6 mi
2/10
Avery Middle
Grades: 6-8Distance: 8.2 mi
3/10
Avery County High School
Grades: 9-12Distance: 8.1 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.