430 Penny Ln Unit 2-B, Banner Elk, NC, 28604

$729,000

Home List Price

$8,657*

Closing Credit

2 Bedrooms
3 Full Baths
1,858 SqFt
$392/SqFt
Condo

Location

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430 Penny Ln Unit 2-B, Banner Elk$729,000

Buyer Closing Credits

$8,657*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot
Year Built2013
HeatingElectric, Heat Pump, Natural Gas
CoolingCentral Air, Electric
BasementYes
FireplaceGas Vented
MLS #4176838
StatusActive

About 430 Penny Ln Unit 2-B

Welcome to your slice of paradise, breathtaking views blend seamlessly w/ comfort & convenience! Fully furnished unit is move-in ready.Step into the living room, an open space w/ a cozy gas fireplace to enjoy during chilly evenings. Living room flows onto a spacious covered deck, w/ a built-in gas grill & outdoor furniture great for hosting friends & family.Kitchen has granite countertops & stainless steel appliances.The 3 full bathrooms has granite countertops & tiled floors. The 2 bedrooms & the loft, which includes a full bathroom & closet, with brand-new carpet. Loft is utilized as a 3rd sleeping area.Spacious laundry area with a sink, ample storage space/pantry on the main level, & tiled flooring.The bldg is equipped with a lift.Minutes from the town of Banner Elk, easy access to a wealth of activities and attractions, including fine dining, golf, hiking, skiing, parks, fishing, wineries, music, & art festivals, all that the High Country & surrounding 4 season towns have to offer.

Property Details

Property Features

Property Information:

  • Year Built: 2013
  • Living Area: 1,858 SqFt

Listing Office:

  • Office Name: Premier Sotheby's International Realty
  • Office Email: lucimae.lowery@premiersir.com

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Microwave, Washer
  • Basement: Yes
  • Fireplace: Gas Vented

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Elevator

Parking Information:

  • Attached Garage: No
  • Parking: Parking Lot

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump, Natural Gas
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: Take left onto Hwy 194 from Banner Elk stoplight then turn right onto Beech Mountain Pkwy (NC-184 N). Go for about 0.6 mile and look for the Vistas sign to your lift then turn left onto Tumbling Brook Dr. Go for 180 ft then turn left onto Penny Ln. Follow the road and when you pass the dumpsters on your left, 2nd building to your right is 430.

Price Information

Listing Price Info

Price Summary:

  • List Price: $729,000
  • Price Per SqFt: $392/SqFt

HOA Fees:

  • Amount: $3112
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in Banner Elk, NC.

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Banner Elk, NC

City

Med. Sold Price

$315K

Med. Price/SqFt

$300

Avg. Days On Market

53

# of Sold Homes

1

430 Penny Ln Unit 2-B vs Banner Elk

85 DAYS ON ROCKET

+32 Days

$729,000

+$414K More

$392/SqFt

+$91 More

KEY TAKEAWAY

This property is $414K more than the Median Sold Price and $91/SqFt more than other homes in Banner Elk, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4176838

Listing Office:

  • Office Name: Premier Sotheby's International Realty
  • Office Email: lucimae.lowery@premiersir.com

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 10:51:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,965

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,252

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1101181
9
/10

  • Banner Elk Elementary School

  • 155 Orchard Ln

  • 1.72 miles

  • Public District Grades PK-5

school-card-donut-1101182
8
/10

  • Freedom Trail Elementary School

  • 6110 N US Highway 19E

  • 5.12 miles

  • Public District Grades PK-5

school-card-donut-1101183
5
/10

  • Newland Elementary School

  • 750 Linville St

  • 6.54 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,282. The majority of Banner Elk, NC residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 430 Penny Ln Unit 2-B

What is the listing price of this property?

The listing price of 430 Penny Ln Unit 2-B property is $729,000.

What type of property is this?

The property 430 Penny Ln Unit 2-B is a condo located in Banner Elk, North Carolina, 28604.

Is this property for sale now?

Active Listing: 430 Penny Ln Unit 2-B is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 430 Penny Ln Unit 2-B has 2 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 430 Penny Ln Unit 2-B is 1,858 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 430 Penny Ln Unit 2-B is 2013.

Rocket Homes›North Carolina›Avery County›Banner Elk›28604›430 Penny Ln Unit 2-B

This home is located at 430 Penny Ln Unit 2-B in Banner Elk, NC and zip code 28604. This 1,858 square foot home was built in 2013. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 30, 2024 and is currently priced at $729,000.

In October 2024, from all listings sold in Banner Elk, NC there were more than 0 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price. The number of homes for sale in Banner Elk, NC increased by 14% between September 2024 and October 2024. The median list price of listings available in October 2024 was $315,000, while the average time on the real estate market was 53 days.

From Rocket Homes Real Estate and based on county public records data.

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