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3 Beds
3 Baths
2,134 sqft

$729,900

311 Penny Lane 2B, Banner Elk NC, 28604

Price per sqft$342.03
Built in2008
Property size2,134 sqft
Property typeCondominium
Listing Courtesy of Blue Ridge Realty & Inv. - Banner Elk

Overview

Active

Listed Jul 11, 2026

Updated 3 weeks ago

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.

$4,856/mo

Est. mortgage payment based on a $729,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
263176

Interior Features

Bedrooms
3
Bathrooms
3
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$4,927
Tax Frequency
Annually
Association Fee Frequency
Yearly
View
Yes

 

The information from this search is provided by the High Country Association of REALTORS, Inc. Please be aware that not all listings produced from this search will be of this real estate company. All information is deemed reliable, but not guaranteed. Please verify all property information before entering into a purchase. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. This data is up-to-date as of 4:44 PM UTC 9/17/2026. For the most current information please contact Dustin Bennett Real Estate at [email protected].

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