Ashe High Country Realty
Ashe High Country Realty

Create an Account

You must be signed into an account to save your search.

Create an Account

Already Have One? Sign In Now

520 Penny Lane 1B

254852 Days on Market: 8

2
Beds

2
Baths

1573
Sqft

0.000
Acres

$582,000

For Sale

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.

Listing ID:

254852

Property Type:

Condominium

Year Built:

2018

Bedrooms:

2

Bathrooms:

2 Full, 0 Half

Sqft:

1573

Acres:

0.000

Map

Latitude: 36.171420   Longitude: -81.879541

Location & Neighborhood

City: Banner Elk

County: Avery

Area: 8-Banner Elk

Subdivision: The Vistas

Environment

Utilities & Features

Heat: Forced Air, Fireplaces, Gas

Sewer: Public Sewer

Utilities: High Speed Internet Available

Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer

Parking: Asphalt, Driveway, No Garage

Interior

Fireplace: One, Stone, Vented, Gas

Windows: Double Hung

Sqft Living Area Above Ground: 1573

Sqft Total Living Area: 1573

Exterior

Exterior: Elevator, Outdoor Grill

Style: Mountain

Construction

Construction: Hardboard, Stone, Wood Frame

Roof: Asphalt, Shingle

Financial

Property Taxes: $3,929

Other

Price Per Sqft: $370

520 Penny Lane 1B, Banner Elk, NC 28604

Call 336-246-6348

Request Information

Request Information

Comparable Sold Listings

186 Vistas Way 1A
$565,000

186 Vistas Way 1A

0.12 miles away from this listing.
Sold on November 14, 2024

430 Penny Lane 2B
$645,000

430 Penny Lane 2B

0.13 miles away from this listing.
Sold on March 21, 2025

317 Old Turnpike RD NW
$650,000

317 Old Turnpike RD NW

1.04 miles away from this listing.
Sold on March 20, 2025

123 Wedling Weg
$650,000

123 Wedling Weg

2.55 miles away from this listing.
Sold on November 8, 2024

Listing Courtesy of Realty One Group Results-Boone

The data relating this real estate listing comes in part from the High Country Multiple Listing Service ®. Real estate listings held by brokerage firms other than the owner of this website are marked with the MLS IDX logo and information about them includes the name of the listing broker. The information appearing herein has not been verified by the High Country Association of REALTORS or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing on this website, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose -- the information is believed accurate but not warranted.

Stay on Top of the High Country

Receive featured listings, periodic home buying tips & area updates.

Schedule a Virtual Tour

Our agents will walk you through a home on their mobile device. Enter your details to setup an appointment.

Test