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$585,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,583 Sq. Ft.
  • Updated 1 day ago
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If you are in search of a gorgeous two bedroom two bath condo, look no further. This lower level walk in home has it all, a beautiful view of Grandfather Mountain, a covered deck with a built in grill, a spacious modern kitchen, a combination great room/ dining room a natural gas fireplace and a master bedroom with a magnificent master bath. The quality of these homes at The Vista are of the highest quality with a touch of elegance and warmth. Take the 3D tour and see just how amazing these units are. Minutes from Banner Elk downtown, restaurants, shopping and all that the town has to offer. Explore the photos and see what a remarkable value this home is. Schedule a visit and see for youself. Your client and you will be pleasantly surprised.

Full Property Details for 462 Penny Ln #1B

General

  • Price: $585,000
  • HOA FEE: $350/month
  • HOA FEE FREQ.: Annually
  • Taxes: $3,802
  • Status: Active
  • Type: Condo
  • Source: 2217
  • MLS ID: 262266
  • Updated: 5/27/2026
  • Added to Site: 2 day(s) ago

Interior

  • Interior Features: Elevator
  • Fireplace: Yes
  • Fireplace(s): Stone, Gas
  • Appliances: Dishwasher, Exhaust Fan, Disposal, Gas Range, Gas Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Tankless Water Heater

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Washer Hookup, Dryer Hookup

Exterior

  • Exterior Features: Outdoor Grill

Parking

  • Parking Features: No Garage

Location

  • Area: 8-Banner Elk
  • County: Avery
  • Subdivision: The Vistas

School Information

  • Elementary School: Banner Elk
  • Middle School: Avery
  • High School: Avery County

Community

  • Community Name: 8-Banner Elk
  • Association: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: 1 Unit
  • Heating Type: Forced Air, Fireplace(s), Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, High Speed Internet Available

Structural Information

  • Architectural Style: Mountain
  • Detached/Attached: Detached
  • Construction: Fiber Cement, Wood Frame
  • Roof: Architectural, Shingle
  • Windows: Double Hung
  • Stories/Levels: 1
  • Square Feet: 1,583
  • Living Area: 1,583 Sq. Ft.
  • Finished Total: 1,583 Sq. Ft.
  • Finished Above Grnd: 1,583 Sq. Ft.
  • Year Built: 2015

Lot Features

  • Property View: Long Range, Southern Exposure
  • Road Maintenance: Public Maintained Road

Financial Considerations

  • Association Fee: $4,198
  • Assoc Fee Freq.: Annually
  • Tax Amount: $3,802.07
  • Terms: Cash, New Loan

Disclosures and Reports

  • Property ID: 1859130354120000902

Listed by Peak Real Estate Llc

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Listing agents

— 462 Penny Ln #1B —

  • Peak Real Estate Llc

  • Peak Real Estate Llc

828-898-1880

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 462 Penny Ln #1B

School District:Avery County Schools
NameGradesDistance
Banner Elk Elementary School
155 Orchard Lane, Banner Elk, NC 28604
PK-51.9 mi
Cranberry Middle School
6230 North US Highway 19E, Elk Park, NC 28622
6-85 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 462 Penny Ln #1B Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/26/2026
Listed
$585,000
52.94%
MLS
10/10/2019
Sold
$382,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 462 Penny Ln #1B

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,802
—
$442,100
—
2024
$3,802
115%
$442,100
—
2023
$1,768
100%
$442,100
—
2022
-100%
$442,100
39%
2021
$1,746
-50%
$317,500
—
2019
$3,524
1%
$317,500
—
2018
$3,492
18%
$317,500
21%
2017
$2,967
153%
$262,600
—
2016
$1,174
50%
$262,600
50%
2015
$781
—
$174,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 462 Penny Ln #1B

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Peak Real Estate Llc

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462 Penny Lane #1B, Banner Elk, NC 28604 (MLS# 262266) is a Condo property with 2 bedrooms and 2 full bathrooms. 462 Penny Lane #1B is currently listed for $585,000 and was received on May 26, 2026. Want to learn more about 462 Penny Lane #1B? Do you have questions about finding other Condo real estate for sale in Banner Elk? You can browse all Banner Elk real estate or contact a Coldwell Banker agent to request more information.

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