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520 Penny Lane Unit 1B
Banner Elk, NC 28604

$582,000
~ $370 per sqft
2
Beds
2.0
Baths
1573
Sqft

๐Ÿ  Condominium
๐Ÿ”จ Built in 2018
๐ŸŒณ 0.01 Acres Lot
๐Ÿงน $224.75/mo HOA fees

About this home

Experience refined mountain living in this stunning level-entry, 2 bedrooms, 2 baths, 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 residence offers both comfort and sophistication. Step into a spacious, open-concept layout featuring a gourmet kitchen with granite countertops, perfect for entertaining. Unwind in the primary ensuite a walk-in shower, and a walk-in closet with custom 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, elegant design details, and a 30-day minimum rental policy, offering flexibility for both homeowners and investors. Truly a rare find in the High Country.

Schools

Elementary School - Banner Elk

Middle School Avery County

High School Avery County

Primary HOA

  • Name: Vistas at Banner Elk COA
  • Phone: 828-898-6321
  • Fee: $2,697 (Annually)
  • Monthly Fee: $224
  • Annual Fee: $2,697

Parking

Interior

Features ·

Window Features· Insulated Window(s)

Appliances · Dishwasher, Gas Range, Microwave, Refrigerator, and Washer/Dryer

Flooring · Laminate and Tile

Heating · Forced Air and Natural Gas

Cooling · Central Air

Laundry · Main Level

Fireplace ·

Exterior

Road Surface Type· Asphalt and Paved

Road Responsibility· Publicly Maintained Road

Utilities

Sewer· Public Sewer

Water Source· City

Utilities· Electricity Connected and Natural Gas

Contact Agent

Contact Agent

Puma Realty Expert

Listed by James Condrey

Realty One Group Results-Boone

828-385-0841

Last updated: June 19, 2025 19:39

520 Penny Lane Unit 1B

Contact Agent

Contact Agent

Puma Realty Expert