311 Penny Lane 2D Banner Elk, NC $ 749,000
311 Penny Lane 2D
$ 749,000
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311 Penny Lane 2D

Banner Elk, NC, 28604
$ 749,000
Bedrooms3 Baths3.0 Sq 2,264

Monthly Estimate*

$ 4,612

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Condo for sale in Banner Elk, NC

for $749,000 with 3 bedrooms and 3 full baths. This 2,264 square foot condo was built in 2008.

Luxury mountain living at its finest where unobstructed long-range views of Grandfather and Sugar Mountains will welcome you with morning coffee and evenings enjoying time on the large outdoor deck! This sought after first row upper 2 story condo has the largest floor plan in the community! Enjoy the option of either the first floor primary bedroom with a walk-in closet and whirlpool bathtub or the large ensuite primary bedroom on the second floor with an additional sitting area, large walk-in closet, additional small living room and an extra storage closet. This open concept designed condo includes a generous dining area, granite countertop with bar seating, a custom built wine room with wine refrigerator and spacious living room with vaulted ceilings. Enjoy the high-quality workmanship of the large stone gas fireplace that transposes the living area into your ideal mountain retreat. A true luxury condo, equipped with beautiful granite counters in the kitchen and baths, electric oven range which can be upgraded to gas, wood flooring, travertine floors in the bathrooms, superior soundproofing, solid core doors and upgraded stainless steel appliances. Natural gas keeps heating costs reasonable and is paired with a Rinnai tankless water heater. Ideally situated 5 minutes from charming downtown Banner Elk with summer theater, local shops and fabulous dining, and also near Beech Mountain with winter skiing, biking, hiking, summer concert series and outdoor activities. Offered fully furnished except for wall art. If you are looking for a summer retreat or a winter ski lodge, this is a must see consideration.

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Condo Active

Price

$ 749,000

Bedrooms

3

Full Bath

3

Property Type

Condo

Taxes

$ 4,980

Style

Year Built

2008

Town/City

Banner Elk

County/Region

Avery

MLS | Web ID

259265

List By
Engel & Volkers Banner Elk

Broker

jeff.vermillion@evrealestate.com

Email

Affordability Calculator

$5,027
Per Month
92%
8%
0%
Monthly Principal & Interest
$4,612
Monthly Property Taxes
$415
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
4062214 Elementary School
4062210 Middle School
Avery County High School High School
Pricing History
DatePricePrice ChangeDescription
12/13/2025$749,000 Listed Price

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311 Penny Lane 2D, Banner Elk, NC, 28604 is a Condo for sale at $749,000 with 2,264 sqft. 311 Penny Lane 2D has 3 bedrooms, 3.0 baths, and was built in 2008. The property's zip code is 28604 which is in Banner Elk, NC