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*

$ 4,673

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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 with unobstructed long-range views of Grandfather and Sugar Mountains will welcome you with morning coffee and evening wind-down on the large outdoor covered 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 over-sized closet, cute sitting area and whirlpool bathtub, or the large second primary bedroom also with en suite bathroom on the second floor. The open concept designed condo includes a generous dining area, granite countertop bar seating and spacious living room with vaulted ceilings. You will enjoy the high-quality workmanship of the large stone gas fireplace that transposes the living area into your ideal mountain retreat. Equipped with beautiful granite counters in the kitchen and baths, gas oven range, wood flooring, travertine floors in the bathrooms, vaulted ceilings, superior soundproofing, solid core doors, side-by-side washer and dryer and upgraded stainless steel appliances. Natural gas keeps heating costs reasonable and paired with a Rinnai tankless water heater. Ideally situated between charming downtown Banner Elk with summer theater, local shops and fabulous dining, and also near Beech Mountain with winter skiing, summer biking, hiking, summer concert series and outdoor activities. If you are looking for a summer retreat or winter ski lodge, this is a must see! Stair access only. Offered furnished as shown minus wall art. No short-term rentals permitted.

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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

$5,088
Per Month
92%
8%
0%
Monthly Principal & Interest
$4,673
Monthly Property Taxes
$415
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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