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Sold for $705,000
  • $705,000

    648 Penny Lane #2A, Banner Elk, NC 28604

    3beds
    2,162sqft
    Condominium
    Built in 2018
    -- sqft lot
    $707,300 Zestimate®
    $326/sqft
    $3,755 Estimated rent

    Home value

    $707,300

    Estimated sales range

    Not available

    $3,755/mo

    Zestimate® history
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    What's special

    Panoramic mountain viewsGrandfather mountain viewsVersatile loftCovered deckVaulted ceilingSeparate laundry roomSpacious primary suite
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Judith Nye (828)260-2148,

    Premier Sotheby's International Realty- Banner Elk,

    Matt Lambert 828-260-2264,

    Premier Sotheby's International Realty- Banner Elk

    Bought with:

    Christi Mercer, 290839

    Gray Buckner Real Estate LLC

    Source: High Country AOR,MLS#: 255556MLS 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
    Cooling
    • Central Air, 1 Unit
    Appliances
    • Included: Dryer, Dishwasher, Gas Range, Gas Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Tankless Water Heater, Washer
    • Laundry: Washer Hookup, Dryer Hookup, Main Level
    Features
    • Elevator, Vaulted Ceiling(s)
    • Number of fireplaces: 1
    • Fireplace features: One, Stone, Gas
    Interior area
    • Total structure area: 2,162
    • Total interior livable area: 2,162 sqft
    • Finished area above ground: 2,162
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: No Garage
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Multiple
    • Exterior features: Elevator, Outdoor Grill
    • Has view: Yes
    • View description: Mountain(s)
    Details
    • Parcel number: 1859130354120001503
    • Zoning description: R2

    Construction

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

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: The Vistas
    HOA
    • Has HOA: Yes
    • HOA fee: $3,818 annually
    Location
    • Region: Banner Elk

    Financial & listing details

    • Price per square foot: $326/sqft
    • Tax assessed value: $485,100
    • Annual tax amount: $4,172
    • Date on market: 5/29/2025
    • Listing terms: Cash,Conventional,New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/13/2025Sold$705,000-2.8%$326/sqft
    Source: High Country AOR #255556 Report a problem
    7/11/2025Pending sale$725,000$335/sqft
    Source: High Country AOR #255556 Report a problem
    7/11/2025Contingent$725,000$335/sqft
    Source: High Country AOR #255556 Report a problem
    7/8/2025Price change$725,000-3.3%$335/sqft
    Source: High Country AOR #255556 Report a problem
    6/9/2025Listed for sale$749,900$347/sqft
    Source: High Country AOR #255556 Report a problem
    6/1/2025Pending sale$749,900$347/sqft
    Source: High Country AOR #255556 Report a problem
    5/29/2025Listed for sale$749,900+50.3%$347/sqft
    Source: High Country AOR #255556 Report a problem
    11/7/2019Sold$499,000$231/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 $460,100
    Find assessor info on the county website

    Neighborhood: 28604

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Banner Elk
    • Middle: Cranberry
    • 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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    $707,300
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    +$14,146
    With Zillow Showcase(estimated)
    $721,446