About This Home

This 3-bedroom, 3-bathroom condo at 311 Penny Lane #2B in Banner Elk, NC is listed for $729,900 ($342 per sqft). Built in 2008, the home offers 2,134 sqft of living space on a N/A lot.

Key Features

  • Built in 2008

Property Details

3 full
#2B
2008
Listing Description

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.

Monthly Cost Estimate

$3,904/mo

20% down · 6.5% · 30 years

Principal$528
Interest$3,163
Insurance$213

Estimates only. Actual payments may vary.

Location

311 Penny Lane #2B

Banner Elk, NC 28604

The Vistas

Questions & Answers

This 3-bedroom, 3-bathroom condo at 311 Penny Lane is listed at $729,900 ($342/sqft). The estimated monthly payment is $3,904 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2008.

This property is listed by Linda Cramblit and can be reached at 8282601545.

LC

Linda Cramblit

Agent at Blue Ridge Realty & Investments, LLC

(828) 260-1545
Agent website

Listed by Blue Ridge Realty & Investments, LLC · Broker phone: (828) 263-8711 · View on Broker Site · Broker website

MLS# 263176· Source: High Country Association of Realtors· 74 days on PropertySimple

Copyright © 2026 High Country Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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

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