Under Contract

311 Penny Lane #2D

Banner Elk, NC 28604

$749,000 $3,157/Mo

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Overview

Bed

Bath

2,264

Sqft

Description

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. If you are looking for a summer retreat or a winter ski lodge, this is a must see consideration. Offered fully furnished except for all wall art is excluded. No short-term rentals allowed.

Property Details

Property Type : Residential

Price : $749,000

AD Id : 70935744

MLS Id : 259265

Beds : 3

Living Area Size : 2,264

Year Built : 2008

County : Avery

Subdivision: Heritage Harbor

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 3

Bathroom Information

Total Baths: 3 Full Baths: 3
Roofing Information

Shingle
Interior Features

Vaulted Ceiling(s), High Speed Internet Roof: Shingle Appliances: Electric Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer Laundry Features: Main Level
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Forced Air, Fireplace(s), Wood Has Cooling: Yes Cooling: Central Air

Building Information

Year Built: 2008 Construction Materials: Wood Siding, Stone Veneer, Frame Stories: 2 Patio And Porch Features: Covered Private Pool: No View: Mountain(s) Association Fee Frequency: Annually

Property Information

Subdivision: The Vistas Source Property Type: Residential Property SubType: Condominium Levels: Two Property Age: 18

Listing Price Information

Listing Price: $749000 Cash, Conventional

Tax Information

Parcel Number: 1859130354120000108 Annual Tax: $4980.27

Parking Information

Driveway

Homeowners Association Information
Has Association: Yes HOA: $4,198.00

School Information

Elementary School: Banner Elk

Junior High School:

Senior High School: Avery County
Utility Information

Cable Available
Location Information

WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
131 Eagle Roost, Banner Elk, NC, 28604	$324,000	--	--	--
762 George Eggers Road, Banner Elk, NC, 28604	$725,000	2	2	1,632	1,632 SqFt
1644 Broadstone Road, Banner Elk, NC, 28604	$1,095,000	4	5	5,100	5,100 SqFt
131 Hemlock Road, Banner Elk, NC, 28604	$387,000	2	2	1,618	1,618 SqFt
337 Indian Paintbrush D.., Banner Elk, NC, 28604	$645,000	2	2	1,391	1,391 SqFt
180 Indian Paintbrush D.., Banner Elk, NC, 28604	$699,900	3	3	1,660	1,660 SqFt
214 Indian Paintbrush D.., Banner Elk, NC, 28604	$725,000	3	3	1,669	1,669 SqFt
142 S Slope Loop #J3, Banner Elk, NC, 28604	$219,000	1	2	675	675 SqFt
482 Indian Paintbrush D.., Banner Elk, NC, 28604	$710,000	3	3	1,669	1,669 SqFt
942 Ridge Haven Parkway.., Banner Elk, NC, 28604	$588,000	2	2	1,207	1,207 SqFt

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ByOwner last updated this listing 06/10/2026 @ 16:57

MLS: 259265 LISTED BY: Jeff Vermillion, Engel & Volkers Banner Elk 828-898-3808 SOURCE: High Country Association of REALTORS