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520 Penny Lane #1B, 
Banner Elk, NC 28604

$582,000

2

Beds

2

Baths

1,573

Sq Ft

Condo

Active

Listed by

James Condrey

Realty One Group Results-Boone

Last updated:

April 23, 2025, 09:09 PM

MLS#

4244171

Source:

CH

About This Home

520 Penny Lane #1B

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.

Home Facts

Condo

2 Baths

2 Bedrooms

Built in 2018

Price Summary

582,000

$369 per Sq. Ft.

MLS #:

4244171

Last Updated:

April 23, 2025, 09:09 PM

Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,573 Sq. Ft.

Structure

Structure

Building Area:

1,573 Sq. Ft.

Year Built:

2018

Lot

Lot Size (Sq. Ft):

435

Finances & Disclosures

Finances

Price:

$582,000

Price per Sq. Ft:

$369 per Sq. Ft.

MLS Logo
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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.