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674 Penny Lane #1-B, Banner Elk, NC 28604
$589,000
674 Penny Lane #1-B, Banner Elk, NC 28604View this property at 674 Penny Lane #1-B, Banner Elk, NC 28604
674 Penny Lane #1-BBanner ElkNC28604
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Property Description
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.
Full Property Details
Full Property Details for 674 Penny Ln #1-B
General
- Price: $589,000
- HOA FEE: $208/month
- HOA FEE FREQ.: Annually
- Taxes: $3,842
- Status: Under Contract
- Type: Condo
- MLS ID: 249714
- Updated: 6/15/2024
- Added to Site: 24 day(s) ago
Interior
- Interior Features: Furnished, Window Treatments
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): One, Stone, Gas
- Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Tankless Water Heater, Washer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Main Level
Exterior
- Exterior Features: Outdoor Grill, Other, See Remarks, Paved Driveway
- Porch/Patio/Deck: Covered
Parking
- Parking Features: Driveway, Paved, Private
Location
- Area: 8-Banner Elk
- County: Avery
- Subdivision: The Vistas
School Information
- Elementary School: Banner Elk
- High School: Avery County
Community
- Community Name: 8-Banner Elk
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- 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, Stone Veneer, Wood Frame
- Roof: Architectural, Shingle
- Windows: Window Treatments
- Stories/Levels: 1
- Living Area: 1,481 Sq. Ft.
- Finished Total: 1,481 Sq. Ft.
- Finished Above Grnd: 1,481 Sq. Ft.
- Year Built: 2020
Lot Features
- Property View: Long Range, Mountain(s)
- Frontage: Private Road, Gravel, Other, Paved, See Remarks
- Road Maintenance: Public Maintained Road
Financial Considerations
- Association Fee: $2,497
- Assoc Fee Freq.: Annually
- Tax Amount: $3,842
- Terms: Cash, Conventional, New Loan
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.75%
- Compensation Comments: The Compensation offer is made only to participants of the MLS where the listing is filed
- Property ID: 1859130354120001602
Listed by Blue Ridge Realty & Inv. - Banner Elk
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Schools
Schools serving 674 Penny Ln #1-B
School District:Avery County Schools
Rating | Name | Grades | Distance |
---|---|---|---|
155 Orchard Ln, Banner Elk, NC 28604 | PK-5 | 1.9 mi | |
6230 N Us Highway 19e, Elk Park, NC 28622 | 6-8 | 5.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 674 Penny Ln #1-B
Date
Details
Price
Change
Source
5/22/2024
Listed
$589,000
—
MLS
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
Tax History for 674 Penny Ln #1-B
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,787
—
$446,700
—
2022
$1,787
-5%
$446,700
30%
2021
$1,889
—
$343,500
—
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
Estimate the Cost for 674 Penny Ln #1-B
674 Penny Lane #1-B, Banner Elk, NC 28604 (MLS# 249714) is a Condo property with 2 bedrooms and 2 full bathrooms. 674 Penny Lane #1-B is currently listed for $589,000 and was received on May 22, 2024. Want to learn more about 674 Penny Lane #1-B? 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.