311 Penny Lane 2B Banner Elk, NC $ 759,000
311 Penny Lane 2B
$ 759,000
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311 Penny Lane 2B

Banner Elk, NC, 28604
$ 759,000
Bedrooms3 Baths3.0 Sq 2,243

Monthly Estimate*

$ 4,792

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Condo for sale in Banner Elk, NC

for $759,000 with 3 bedrooms and 3 full baths. This 2,243 square foot condo was built in 2008.

Experience elevated mountain living in this like-new upper-level, two-story condo showcasing unobstructed panoramic views of Grandfather Mountain. This condo is thoughtfully set up for large family gatherings, with ample dining seating and comfortable spaces throughout the home for everyone to relax, dine, and spend time together. Offered furnished, excluding seller-designated items, this distinguished residence blends refined comfort, exceptional craftsmanship, and an enviable location just moments from downtown amenities, ski resorts, fine dining, hiking trails, shopping, and parks. With mild summer temperatures averaging approximately 75 degrees, this is an ideal year-round retreat. The elegantly appointed gourmet kitchen features granite countertops and a natural gas range oven, creating a sophisticated space for both everyday living and entertaining. Additional features include oversized closets, a generous walk-in laundry and pantry room, abundant natural light, and an impressive array of builder upgrades throughout. Unwind beside the striking stone natural gas fireplace or step onto the private covered deck to take in the breathtaking mountain vistas. The luxurious primary bath offers a stone travertine shower and a jetted whirlpool tub, delivering a true spa-inspired experience. Set within a natural gas community designed for energy efficiency, this home offers remarkably reasonable monthly utility costs without compromising comfort or style. Every detail reflects thoughtful design, quality materials, and timeless elegance. Please note that short-term rentals require a minimum 30-day stay. Stair access only. A truly exceptional mountain residence, this condo must be experienced in person to fully appreciate its beauty, sophistication, and attention to detail.

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Condo Active

Price

$ 759,000

Bedrooms

3

Full Bath

3

Property Type

Condo

Taxes

$ 4,926

Style

Year Built

2008

Town/City

Banner Elk

County/Region

Avery

MLS | Web ID

263176

List By
Blue Ridge Realty & Inv. - Banner Elk

Broker

lcramblit@brri.net

Email

Affordability Calculator

$5,203
Per Month
92%
8%
0%
Monthly Principal & Interest
$4,792
Monthly Property Taxes
$411
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/11/2026$759,000 Listed Price

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311 Penny Lane 2B, Banner Elk, NC, 28604 is a Condo for sale at $759,000 with 2,243 sqft. 311 Penny Lane 2B has 3 bedrooms, 3.0 baths, and was built in 2008. The property's zip code is 28604 which is in Banner Elk, NC