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Sold for $750,000
  • $750,000

    618 Penny Lane #2B, Banner Elk, NC 28604

    3beds
    2,087sqft
    Condominium
    Built in 2018
    -- sqft lot
    $749,900 Zestimate®
    $359/sqft
    $3,612 Estimated rent

    Home value

    $749,900

    Estimated sales range

    Not available

    $3,612/mo

    Zestimate® history
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    What's special

    Stone gas fireplaceSoaring ceilingsWarm wood vaulted ceilingsLarge eat-in barWell-appointed kitchenGranite countertopsFirst-floor laundry room
    LONG-RANGE SOUTHERLY & GRANDFATHER MOUNTAIN VIEWS - OVER 4,000' ELEVATION & JUST 2 MINUTES TO BANNER ELK make this condo one of the most desirable in the HIGH COUNTRY! Experience the beauty of the High Country from this beautifully appointed 3 BEDROOM - 3 BATH CONDO with ELEVATOR making convenience a breeze! Perched at over 4,000 feet in elevation, this mountain retreat combines breathtaking scenery with an incredibly convenient location—just a short 2-minute drive to the Town of Banner Elk, where dining, shopping, festivals and year-round mountain adventures await. The seller has thoughtfully upgraded the interior with warm wood vaulted ceilings and wood shutters throughout adding character and a timeless mountain feel. The main level welcomes you with soaring ceilings, an inviting family room centered around a stone gas fireplace and expansive windows that draw your eyes toward the spectacular mountain views. The well-appointed kitchen features granite countertops, stainless steel appliances, a gas range and a large eat-in bar. A first-floor laundry room adds convenience, while an additional guest bedroom and full bath provide comfortable accommodations for visiting family and friends. Upstairs, a spacious loft creates the perfect flex space for reading, relaxing, an office or an additional gathering area. The third bedroom and full bath complete the upper level. Step outside and take in the beauty of the Blue Ridge mountains from the expansive deck that also offers a gas grill. The southerly long-range views at this elevation and in this Banner Elk location are hard to find making this a special opportunity to own a piece of the High Country. Whether you're looking for a mountain getaway, a full-time residence, or a place to create years of unforgettable memories, this condo delivers the combination of views, high elevation and an unbeatable location you've been searching for.

    Zillow last checked:

    Listing updated:

    Listed by:

    Cindy Giarrusso 828-964-2896,

    Blue Ridge Realty & Investment

    Bought with:

    James Canterbury, 323574

    The Summit Group Of The Carolinas

    Trichelle Henry, 347003

    The Summit Group Of The Carolinas

    Source: High Country AOR,MLS#: 264431MLS LogoOriginating MLS: High Country Association of Realtors Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air, Fireplace(s), Gas, Wood
    Cooling
    • Central Air, 1 Unit
    Appliances
    • Included: Dryer, Dishwasher, Gas Range, Gas Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Tankless Water Heater, Washer
    • Laundry: Main Level
    Features
    • Cathedral Ceiling(s), Elevator, Furnished, Window Treatments
    • Windows: Window Treatments
    • Number of fireplaces: 1
    • Fireplace features: One, Stone, Gas
    • Furnished: Yes
    Interior area
    • Total structure area: 2,087
    • Total interior livable area: 2,087 sqft
    • Finished area above ground: 2,087
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: No Garage, Paved, Shared Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Multiple
    • Exterior features: Elevator
    • Has view: Yes
    • View description: Long Range, Mountain(s), Southern Exposure
    Details
    • Parcel number: 1859130354120001404
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Mountain
    • Property subtype: Condominium
    Materials
    • Concrete, Stone Veneer, Wood Frame
    • Foundation: Slab
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 2018

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: High Speed Internet Available

    Community & HOA

    Community
    • Subdivision: The Vistas
    HOA
    • Has HOA: Yes
    • HOA fee: $4,198 annually
    Location
    • Region: Banner Elk

    Financial & listing details

    • Price per square foot: $359/sqft
    • Tax assessed value: $485,100
    • Annual tax amount: $4,172
    • Date on market: 9/18/2026
    • Listing terms: Cash,Conventional,New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/9/2026Sold$750,000$359/sqft
    Source: High Country AOR #264431 Report a problem
    9/20/2026Contingent$750,000$359/sqft
    Source: High Country AOR #264431 Report a problem
    9/18/2026Listed for sale$750,000+48.2%$359/sqft
    Source: High Country AOR #264431 Report a problem
    6/7/2019Sold$506,000$242/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,940 $485,100
    2024$1,940 $485,100
    2023$1,940 -53.5%$485,100
    2022$4,172 -18.3%$485,100 +5.4%
    2021$5,107 $460,100
    2020$5,107 +27.8%$460,100 +27.8%
    2019$3,997 $360,100
    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.

    Sell for more on Zillow
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    $749,900
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    +$14,998
    With Zillow Showcase(estimated)

    $764,898

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $749,900
    2% more
    +$14,998
    With Zillow Showcase(estimated)

    $764,898