520 Penny Lane Unit 1B, Banner Elk, NC 28604
- $575,000
- 2
- BD
- 2
- BA
- 1,573
- SqFt
- Sold Price
- $575,000
- List Price
- $582,000
- Days on Market
- 68
- Closing Date
- Jun 18, 2025
- Status
- CLOSED
- Type
- Condo
- MLS#
- 254852
- County
- Avery
- City
- Banner Elk
- Bedrooms
- 2
- Full Bathrooms
- 2
- Total Heated Sq/Ft
- 1,573
- Abv/Grade Htd Sq/Ft
- 1573
- Subdivision
- The Vistas
- Year Built
- 2018
- Owners Association
- Yes
- POA Fee
- $2,697
- POA Fee Paid
- Annually
- County Parcel Number
- 1859130354120001102
- Annual Taxes
- $3,929
- Deed Book/Page
- 597/767
- Latitude
- 36.17142
- Longitude
- -81.879541
Property Description
Experience refined mountain living in this stunning level-entry, 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 2 bedroom/2 bath residence offers both comfort and sophistication. Step into a spacious, open-concept layout featuring a gourmet kitchen with granite countertops, great for entertaining. Unwind in the primary ensuite, complete with a walk-in shower, and a custom walk-in closet with built-in 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, 9-foot ceilings, elegant design details, and a 30-day minimum rental policy, offering flexibility for both homeowners and investors. Whether you're looking for a full-time residence, a second home, or a luxury rental opportunity, this exceptional property blends mountain charm with upscale living—truly a rare find in the High Country.
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Additional Information
- Exterior Amenities
- Elevator, Outdoor Grill
- Interior Amenities
- Carbon Monoxide Detector
- Appliances
- Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
- Fireplace
- One, Stone, Vented, Gas
- Heating
- Forced Air, Fireplace(s), Gas
- Road
- Paved
- Roof
- Asphalt, Shingle
- Elementary School
- Banner Elk
- Middle School
- Avery
- High School
- Avery County
- Sewer/Septic
- Public Sewer
- Style
- Mountain
- Windows
- Double Hung
- View
- Long Range, Mountain(s)
- Water Source
- Public
- Construction Type
- Hardboard, Stone, Wood Frame
- Cooling
- Yes
- Cooling Type
- Central Air
- Foundation
- Slab
- Laundry
- Main Level
- Levels
- One
- Patio / Porch
- Covered
- Road Maintenance Type
- Public Maintained Road
- Road Surface Type
- Paved
- Parking Features
- Asphalt, Driveway, No Garage
- Utilities
- High Speed Internet Available
Mortgage Calculator
This Listing is courtesy of James Condrey with Realty One Group Results-Boone. (828) 385-0841
The information from this search is provided by the High 'Country Multiple Listing Service. 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.”