About 520 Penny Lane # 1b
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.
Features of 520 Penny Lane # 1b
| MLS® # | 254852 |
|---|---|
| Price | $582,000 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,573 |
| Acres | 0.00 |
| Year Built | 2018 |
| Type | Residential |
| Sub-Type | Condominium |
| Style | Mountain |
| Status | Active |
Community Information
| Address | 520 Penny Lane # 1b |
|---|---|
| Area | 8-Banner Elk |
| Subdivision | The Vistas |
| City | Banner Elk |
| County | Avery |
| Province | NC |
| Postal Code | 28604 |
Amenities
| Utilities | High Speed Internet Available |
|---|---|
| Parking | Asphalt, Driveway, No Garage |
| Garages | Asphalt, Driveway, No Garage |
| View | Mountain(s), Long Range |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Carbon Monoxide Detector |
|---|---|
| Appliances | Dishwasher, Disposal, Dryer, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer |
| Heating | Fireplace(s), Forced Air, Gas |
| Cooling | Central Air |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Gas, One, Stone, Vented |
| # of Stories | 1 |
| Stories | 1 |
| Has Basement | No |
Exterior
| Exterior | Hardboard, Stone, Wood Frame |
|---|---|
| Exterior Features | Elevator, Outdoor Grill |
| Windows | Double Hung |
| Roof | Asphalt, Shingle |
| Construction | Hardboard, Stone, Wood Frame |
| Foundation | Slab |
School Information
| Elementary | Banner Elk |
|---|---|
| Middle | Avery |
| High | Avery County |
Additional Information
| Date Listed | April 11th, 2025 |
|---|---|
| Days on Market | 10 |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 2697 |
| HOA Fees Freq. | Annually |
Listing Details
| Office | Realty One Group Results-Boone |
|---|---|
| Contact Info | (828) 385-0841 |