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Under contract
  • $759,000

    311 Penny Lane #2B, Banner Elk, NC 28604

    3beds
    2,134sqft
    : 
    $4,707/mo
    Get pre-qualified
    Condominium
    Built in 2008
    -- sqft lot
    $748,600 Zestimate®
    $356/sqft
    $350/mo HOA

    What's special

    Breathtaking mountain vistasAbundant natural lightElegantly appointed gourmet kitchenStone travertine showerGranite countertopsNatural gas range ovenLuxurious primary bath
    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.
    20 days
    |
    470
    |
    22
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Linda Cramblit (828)737-3100,

    Blue Ridge Realty & Inv. - Banner Elk

    Source: High Country AOR,MLS#: 263176MLS LogoOriginating MLS: High Country Association of Realtors Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Forced Air, Fireplace(s), Gas, Wood
      Cooling
      • Central Air, 1 Unit
      Appliances
      • Included: Dryer, Dishwasher, Gas Cooktop, Gas Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Tankless Water Heater, Washer
      • Laundry: Washer Hookup, Dryer Hookup, Main Level
      Features
      • Furnished, Vaulted Ceiling(s), Window Treatments
      • Windows: Double Pane Windows, Window Treatments
      • Number of fireplaces: 1
      • Fireplace features: One, Stone, Gas
      • Furnished: Yes
      Interior area
      • Total structure area: 2,243
      • Total interior livable area: 2,134 sqft
      • Finished area above ground: 2,134
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Driveway, No Garage, Paved, Private
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered
      • Exterior features: Paved Driveway
      • Has view: Yes
      • View description: Long Range, Mountain(s)
      Details
      • Parcel number: 1859130354120000106

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Mountain
      • Property subtype: Condominium
      Materials
      • Concrete, Shake Siding, Stone Veneer, Wood Frame
      • Foundation: Slab
      • Roof: Architectural,Shingle
      Condition
      • Year built: 2008

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, High Speed Internet Available

      Community & HOA

      Community
      • Features: Long Term Rental Allowed
      • Subdivision: The Vistas
      HOA
      • Has HOA: Yes
      • HOA fee: $4,198 annually
      Location
      • Region: Banner Elk

      Financial & listing details

      • Price per square foot: $356/sqft
      • Annual tax amount: $4,926
      • Date on market: 7/10/2026
      • Listing terms: Cash,Conventional,New Loan
      • Road surface type: Paved

        Estimated market value

        $748,600

        $711,000 - $786,000

        $3,980/mo

        Price history

        DateEventPrice
        7/15/2026Contingent$759,000$356/sqft
        Source: High Country AOR #263176 Report a problem
        7/11/2026Listed for sale$759,000$356/sqft
        Source: High Country AOR #263176 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 28604

        Getting around

        7 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Banner Elk
        • High: Avery County

        Source: High Country AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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