Under Contract

311 Penny Lane #2B

Banner Elk, NC 28604
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Bed 3

Bed

Bath 3

Bath

SqFt2,134

Sqft

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, creati ng 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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Detail Ic Property Details

Property Type : Residential

Price : $759,000

AD Id : 87965119

MLS Id : 263176

Beds : 3

Living Area Size : 2,134

Year Built : 2008

County : Avery

Subdivision: Cedar Crest

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Feature 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: Dryer, Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer Laundry Features: Washer Hookup, Main Level Window Features: Double Pane Windows, Window Treatments
  • 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, Concrete, Shake 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 MLS Area Minor: Banner Elk Property SubType: Condominium Levels: Two Property Age: 18

  • Listing Price Information

    Listing Price: $759000 Cash, Conventional

  • Tax Information

    Parcel Number: 1859130354120000106 Annual Tax: $4926.95

  • Parking Information

    Paved, Driveway, No Garage, Private
    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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180 Indian Paintbrush D.., Banner Elk, NC, 28604 $699,900 3 3 1,660 1,660 SqFt
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142 S Slope Loop #J3, Banner Elk, NC, 28604 $199,900 1 2 675 675 SqFt
942 Ridge Haven Parkway.., Banner Elk, NC, 28604 $560,000 2 2 1,207 1,207 SqFt
243 Ironwood Drive, Banner Elk, NC, 28604 $519,900 3 3 1,455 1,455 SqFt
76 Creekside Drive #C, Banner Elk, NC, 28604 $179,900 -- 1 357 357 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of High Country Association of REALTORS®. 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 deemed reliable but not guaranteed. Copyright © 2026 High Country Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 07/18/2026 @ 02:52

MLS: 263176 LISTED BY: Linda Cramblit, Blue Ridge Realty & Inv. - Banner Elk 828-737-3100 SOURCE: High Country Association of REALTORS

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