674 Penny Lane # 1-B Banner Elk, NC $ 589,000
674 Penny Lane # 1-B
$ 589,000
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674 Penny Lane # 1-B

Banner Elk, NC, 28604
$ 589,000
Bedrooms2 Baths2.0 Sq 1,481

Monthly Estimate*

$ 3,915

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Condo for sale in Banner Elk, NC

for $589,000 with 2 bedrooms and 2 full baths. This 1,481 square foot condo was built in 2020.

Breathtaking views from this LUXURY 2 bedroom, 2 bath Vistas condo! Sold with most of the high quality furnishings. This condo has the most prized location within Vistas being the last building on the highest level, bringing additional privacy and superior views! Newer built (2020) and light owner use. Superior construction, including the best soundproofing in the High Country, tankless natural gas water heater, 50 year architectural shingles, walk-in laundry/pantry, crown molding, 45" gas vented fireplace, top of the line Maytag appliances, over-sized closets, automatic fire sprinklers and much more! The patio space includes a built in gas grill with plenty of room to entertain. You must see this condo to truly appreciate all that it offers! At over 4,000 elevation, you will appreciate the cool nights and days! Just a few minutes drive into charming Banner Elk. Banner Elk sits between two ski mountains (Sugar and Beech) and was recently cited by a national publication as the best Small Town to visit in North Carolina! Buyer to make a capital contribution of $1,500 to the Association on the closing statement. Penny Lane is maintained to a point by the Town of Banner Elk; the Association maintains the rest of Penny Lane. Minimum rental period is 30 consecutive days. The "stone/brick" flooring is travertine tile, and the "laminate" flooring is the type that looks like wood.

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Condo Contingent

Price

$ 589,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 3,842

Style

Condo

Year Built

2020

Town/City

Banner Elk

County/Region

Avery

MLS | Web ID

249714

Features
General
Interior Features Furnished WindowTreatments
Sewer PublicSewer
Heating ForcedAir Fireplaces Gas
Cooling CentralAir
Utilities CableAvailable HighSpeedInternetAvailable
Roof Architectural Shingle
Appliances Dryer Dishwasher Disposal GasRange GasWaterHeater MicrowaveHoodFan Microwave Refrigerator TanklessWaterHeater Washer
Exterior Features OutdoorGrill Other SeeRemarks PavedDriveway
HOA 2497.0
Patio/Porch Features Covered
Architectural Style Mountain
Construction Materials FiberCement StoneVeneer WoodFrame
Year Built 2020
View LongRange Mountains
Stories 1
Levels One
Unit Number 1-B
Property SubType Condominium
Community Features LongTermRentalAllowed
Assoc Fee Paid Per Annually
County Avery
New Construction N
Property Type Residential
HOA / Comm Assn Y
Attached Garage N
Subdivision Name The Vistas
Garage Y/N N
Status ActiveUnderContract
High School Avery County
City Banner Elk
View Y/N Y
Senior Community Y/N N
MLS Area 8-Banner Elk
Lot Size Units Acres
Waterfront Y/N N
Carport Y/N N
Elementary School Banner Elk
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 3842.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 24
Standard Status ActiveUnderContract
Property Sub Type Additional Condominium
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Exterior
Parking Features Driveway Paved Private
Water Source Public
Lot Size Area 0.0
Foundation Details Slab
Spa N
Building Area Total 0.0
Lot Size Acres 0.0
Road Surface Type Gravel Other Paved SeeRemarks
Road Frontage Type PrivateRoad
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Fireplaces 1
Fireplace Features One Stone Gas
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features WindowTreatments
Fireplace Y/N Y
Above Grade Finished Area 1481.0
Full Baths 2
Half Baths 0
Laundry Features MainLevel
Total Bedrooms 2
Below Grade Finished Area 0.0
Electric On Property Y/N N
Total Baths 2
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Internal Only
Street Number 1 674
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* Excluded Features
List By
Blue Ridge Realty & Inv. - Banner Elk

Broker

(828) 737-3100

Contact

Affordability Calculator

$4,235
Per Month
92%
8%
0%
Monthly Principal & Interest
$3,915
Monthly Property Taxes
$320
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4062214 Elementary School
4062210 Middle School
Avery County High School High School
Pricing History
DatePricePrice ChangeDescription
5/22/2024$589,000 Listed Price

Map


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674 Penny Lane # 1-B, Banner Elk, NC, 28604 is a Condo for sale at $589,000 with 1,481 sqft. 674 Penny Lane # 1-B has 2 bedrooms, 2.0 baths, and was built in 2020. The property's zip code is 28604 which is in Banner Elk, NC