Skip To Content

520 Penny Lane , 1B

Banner Elk, NC 28604
  • $582,000
  • STATUS: Active
  • ON SITE: 33 Days
  • ID#: 254852
UPDATED: 55 min ago
$582,000
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,573
    SQFT
  • $370
    $/SQFT
Neighborhood:
Type:
Condo
Built:
2018
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Experience refined mountain living in this stunning level-entry, end-unit condo, perfectly situated just minutes from Banner Elk, Lees-McRae College, and the premier ski resorts of Beech and Sugar Mountain. Boasting superior soundproofing and high-end finishes throughout, this luxury 2 bedroom/2 bath residence offers both comfort and sophistication. Step into a spacious, open-concept layout featuring a gourmet kitchen with granite countertops, great for entertaining. Unwind in the primary ensuite, complete with a walk-in shower, and a custom walk-in closet with built-in shelving. Enjoy cozy evenings by the natural gas fireplace or dine al fresco with a built-in outdoor grill while soaking in breathtaking long-range views. Additional highlights include natural gas heating, 9-foot ceilings, elegant design details, and a 30-day minimum rental policy, offering flexibility for both homeowners and investors. Whether you're looking for a full-time residence, a second home, or a luxury rental opportunity, this exceptional property blends mountain charm with upscale livingtruly a rare find in the High Country.

Monthly Payment Calculator



© 2025 High Country Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or MartinGroup Properties. Data last updated: 2025-05-15T17:47:37.877.
www.homesearchcharlottenc.com/homes/162517727
Print Image

520 Penny Lane , 1B Banner Elk, NC 28604

  • Price: $582,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 55 min ago
  • ID#: 254852
2
Beds
2
Baths
0
½ Baths
N/A
Acres
1,573
SQFT
$370
$/SQFT
2018
Built
Neighborhood:
The Vistas
County:
Avery
Area:
8-Banner Elk
Elementary School:
Banner Elk
Middle School:
Avery
High School:
Avery County
Property Description
Experience refined mountain living in this stunning level-entry, end-unit condo, perfectly situated just minutes from Banner Elk, Lees-McRae College, and the premier ski resorts of Beech and Sugar Mountain. Boasting superior soundproofing and high-end finishes throughout, this luxury 2 bedroom/2 bath residence offers both comfort and sophistication. Step into a spacious, open-concept layout featuring a gourmet kitchen with granite countertops, great for entertaining. Unwind in the primary ensuite, complete with a walk-in shower, and a custom walk-in closet with built-in shelving. Enjoy cozy evenings by the natural gas fireplace or dine al fresco with a built-in outdoor grill while soaking in breathtaking long-range views. Additional highlights include natural gas heating, 9-foot ceilings, elegant design details, and a 30-day minimum rental policy, offering flexibility for both homeowners and investors. Whether you're looking for a full-time residence, a second home, or a luxury rental opportunity, this exceptional property blends mountain charm with upscale livingtruly a rare find in the High Country.
Exterior Features

Architectural Style Mountain Construction Materials Hardboard Stone Wood Frame Exterior Features Elevator Outdoor Grill Foundation Details Slab Garage YN No Levels One Parking Features Asphalt Driveway No Garage Patio And Porch Features Covered Roof Asphalt Shingle View Long Range Mountain(s) View YN Yes Window Features Double Hung

Interior Features

Above Grade Finished Area 1573 Appliances Dryer Dishwasher Disposal Gas Range Gas Water Heater Microwave Refrigerator Tankless Water Heater Washer Below Grade Finished Area 0 Cooling Central Air Cooling YN Yes Fireplace Features One Stone Vented Gas Fireplace YN Yes Fireplaces Total 1 Heating Forced Air Fireplace(s) Gas Heating YN Yes Interior Features Carbon Monoxide Detector Laundry Features Main Level

Property Features

Association Fee 2697 Association Fee Frequency Annually Association YN Yes Building Features Elevator(s) Community Features Long Term Rental Allowed Home Warranty YN No Listing Terms Cash Conventional New Loan Property Sub Type Condominium Road Responsibility Public Maintained Road Road Surface Type Paved Sewer Public Sewer Tax Annual Amount 3929 Utilities High Speed Internet Available Water Source Public

Listing information © 2025 High Country Association of Realtors MLS.
Listing provided courtesy of James Condrey of Realty One Group Results-Boone: (828) 385-0841.


© 2025 High Country Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or MartinGroup Properties. Data last updated: 2025-05-15T17:47:37.877.
 
https://bt-photos.global.ssl.fastly.net/boone/orig_boomver_1_254852-2.jpg https://bt-photos.global.ssl.fastly.net/boone/orig_boomver_1_254852-2.jpg https://bt-photos.global.ssl.fastly.net/boone/orig_boomver_1_254852-2.jpg
Logo
MartinGroup Properties
1323 Lafayette Avenue
Charlotte NC, 28203