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$705,000
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Property Description
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.
Full Property Details
Full Property Details for 648 Penny Ln #2A
General
- Sold For: $705,000
- HOA FEE: $318/month
- HOA FEE FREQ.: Annually
- Taxes: $4,172
- Status: Closed
- Type: Condo
- Source: 2217
- MLS ID: 255556
- Added to Site: 234 day(s) ago
Interior
- Interior Features: Elevator, Vaulted Ceiling(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): One, Stone, Gas
- Appliances: Dryer, Dishwasher, Gas Range, Gas Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Tankless Water Heater, Washer
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, Main Level
Exterior
- Exterior Features: Elevator, Outdoor Grill
- Porch/Patio/Deck: Covered, Multiple
Parking
- Parking Features: No Garage
Location
- Area: 8-Banner Elk
- County: Avery
- Subdivision: The Vistas
School Information
- Elementary School: Banner Elk
- Middle School: Cranberry
- High School: Avery County
Community
- Community Name: 8-Banner Elk
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, 1 Unit
- Heating Type: Forced Air, Fireplace(s), Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Mountain
- Detached/Attached: Detached
- Construction: Hardboard, Stone Veneer, Wood Frame
- Roof: Asphalt, Shingle
- Stories/Levels: 2
- Square Feet: 2,162
- Living Area: 2,162 Sq. Ft.
- Finished Total: 2,162 Sq. Ft.
- Finished Above Grnd: 2,162 Sq. Ft.
- Year Built: 2018
- Other Struct. Feat.: Elevator(s)
Lot Features
- Property View: Mountain(s)
- Frontage: Private Road, Paved
- Road Maintenance: Public Maintained Road
- Zoning: R2
Financial Considerations
- Association Fee: $3,818
- Assoc Fee Freq.: Annually
- Tax Amount: $4,172
- Terms: Cash, Conventional, New Loan
Disclosures and Reports
- Property ID: 1859-13-03-5412-00015-03
Listed by Premier Sotheby's International Realty- Banner Elk
Sold by Gray Buckner Real Estate LLC
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Schools
Schools serving 648 Penny Ln #2A
School District:Avery County Schools
| Name | Grades | Distance |
|---|---|---|
Banner Elk Elementary School 155 Orchard Lane, Banner Elk, NC 28604 | PK-5 | 1.9 mi |
Cranberry Middle School 6230 North US Highway 19E, Elk Park, NC 28622 | 6-8 | 5.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 648 Penny Ln #2A
Date
Details
Price
Change
Source
8/13/2025
Sold
$705,000
-2.76%
MLS
7/08/2025
Price Reduced
$725,000
-3.32%
MLS
5/29/2025
Listed
$749,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
648 Penny Lane #2A, Banner Elk, NC 28604 (MLS# 255556) is a Condo property that was sold at $705,000 on August 13, 2025. Want to learn more about 648 Penny Lane #2A? 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.

