$749,900

552 Penny Ln Unit 2B Banner Elk, NC 28604

Estimated payment $4,771/month

Total Views 268
3 Beds
3 Baths
2,167 Sq Ft
$346 Price per Sq Ft

Highlights

  • Mountain View
  • Mountain Architecture
  • Tray Ceiling
  • Banner Elk Elementary School Rated A-
  • Covered Patio or Porch
  • Tankless Water Heater

About This Home

Welcome to this stunning 3-bedroom, 3-bathroom condo in The Vistas, where comfort, elegance, and convenience come together with breathtaking Grandfather Mountain views. Enjoy effortless access via elevator or stairs to this beautifully maintained home, offering the ease of single-level living while surrounded by high-end finishes and breathtaking scenery. Step into the inviting foyer, and be greeted by an inviting open-concept layout that seamlessly connects the kitchen, dining, and great room areas. Gorgeous wood flooring flows through the main living spaces, creating a warm and welcoming ambiance. Expansive windows and doors frame captivating mountain views, immediately drawing your eye to the natural beauty just beyond. This beautifully maintained home features a modern kitchen with granite countertops, abundant cabinetry and high end appliances. A vaulted ceiling and a striking stone fireplace with gas logs elevate the main living and dining area, providing a warm and cozy place to entertain guest or relax and enjoy a quiet evening by the fireplace. Retreat to the spacious primary suite, where you will wake up to breathtaking views. This serene space include a large walk-in closet and a luxurious ensuite bathroom with a jetted tub, a tiled walk-in shower with updated glass doors and generous space for comfort and relaxation. A second bedroom and end-suite bath offers a personal haven for guests. Upstairs, you'll find a lovely open loft-style sitting area—a peaceful retreat with more stunning views. An additional third bedroom with its own ensuite bathroom completes this level, offering a personal space for extended guests or family. Step outside to the expansive open-air covered deck for entertaining or simply relaxing. With a built-in gas grill, a locked storage area and plenty of space to dine or lounge, it’s the perfect spot to enjoy fresh mountain air and panoramic views. Additional features include a separate laundry room with sink, counter space and ample storage. Natural gas services the tankless water heater, fireplace, furnace and deck grill. Ideally located just minutes from downtown Banner Elk, Beech Mountain, Sugar Mountain, and easy access to golf courses, hiking trails, restaurants and shopping. Don’t miss your opportunity to call this incredible home your own! Unit is being sold unfurnished.

Listing Agent

Sue Eggers

Century 21 Mountain Vistas Brokerage Phone: (828) 264-9111 Listed on: 08/08/2025

Century 21 Mountain Vistas

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,172

Year Built

  • Built in 2016

Lot Details

  • Property fronts a private road

HOA Fees

  • $318 Monthly HOA Fees

Home Design

  • Mountain Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Stone Veneer
  • Hardboard

Interior Spaces

  • 2,167 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Stone Fireplace
  • Gas Fireplace
  • Window Treatments
  • Mountain Views

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Schools

  • Banner Elk Elementary School
  • Cranberry Middle School
  • Avery County High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Tankless Water Heater
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 1859-13-03-5412-00012-04

Community Details

Overview

  • The Vistas Subdivision

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,172

Year Built

Built in 2016

Lot Details

0

HOA Fees

$318 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: The Vistas
  • Above Grade Finished Sq Ft: 2167.0
  • Architectural Style: Mountain
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2016
  • Property Sub Type Additional: Condominium
  • Attribution Contact: (828) 264-9111
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Gas Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: One, Stone, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Tray Ceiling(s), Elevator, Window Treatments
  • Living Area: 2167.0
  • Stories: 2
  • Window Features: Window Treatments

Exterior Features

  • View: Long Range, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Hardboard, Stone Veneer, Wood Frame
  • Exterior Features: Elevator, Outdoor Grill
  • Foundation Details: Slab
  • Patio And Porch Features: Covered
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: Driveway, Paved, Shared Driveway

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Green Building Features: Elevator(s)
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Gas, Wood, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 3818.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk
  • High School: Avery County
  • Middle Or Junior School: Cranberry

Lot Info

  • Parcel #: 1859-13-03-5412-00012-04
  • Zoning Description: R2

Tax Info

  • Tax Annual Amount: 4172.0
  • Tax Book Number: 514/1270

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 For Sale $749,900 -- $346 / Sq Ft
Source: High Country Association of REALTORS®

Similar Homes in the area

  • 1645 Balm Hwy Unit 11-A, Banner Elk, NC 28604

    $696,000

    • 3 Beds
    • 3 Baths
    • 2,149 Sq Ft
    • 1645 Balm Hwy
    • Unit 11-A
    • Banner Elk, NC

    Welcome to luxury living in The Lodges at Elkmont! Easy access from the main road but once you step inside, you are greeted with sounds from the stream and peacefulness. This exquisite condominium, boasting three spacious bedrooms and three beautiful baths, is where comfort meets elegance. Immerse yourself in an open floor plan accentuated by vaulted and trey ceilings, creating an inviting

    Morgan Beck Herdklotz Premier Sotheby's International Realty- Banner Elk

    Section Image
  • 648 Penny Ln Unit 2A, Banner Elk, NC 28604

    $725,000

    • 3 Beds
    • 3 Baths
    • 2,162 Sq Ft
    • 648 Penny Ln
    • Unit 2A
    • Banner Elk, NC

    Stunning Grandfather Mountain views from this spacious upper-level vistas unit. Experience breathtaking long-range views of Grandfather Mountain from this expansive upper-level condominium in The Vistas, easily accessible via elevator or stairs. This beautifully maintained home features a modern kitchen with granite countertops, abundant cabinetry and high-end appliances—great for cooking and

    Judy Nye Premier Sotheby's International Realty- Banner Elk

    Section Image
  • 170 Crestview Ln Unit 200-C, Sugar Mountain, NC 28604

    $599,000

    • 2 Beds
    • 2 Baths
    • 1,600 Sq Ft
    • 170 Crestview Ln
    • Unit 200-C
    • Sugar Mountain, NC

    You will fall in love as you walk through this beautifully decorated condo with amazing mountain views that is sold completely furnished. It comes with balconies on each floor and huge picture windows to enjoy the year-round unobstructed views of Blue Ridge mountains. This condo is absolutely lovely with many unique touches. It comes with a spacious master bedroom with high ceilings and cozy

    Cody Hughes Sugar Mountain Lodging

    Section Image
  • 172 Vistas Way Unit 1A, Banner Elk, NC 28604

    $579,000

    • 2 Beds
    • 2 Baths
    • 1,453 Sq Ft
    • 172 Vistas Way
    • Unit 1A
    • Banner Elk, NC

    Experience stunning long-range views from this like-new Vistas condo, completed in 2020. This is mountain living at its finest. A level-entry luxury condo situated in an ideal High Country location—just 2 minutes from downtown Banner Elk, where you’ll find shopping, dining, summer theater, and exciting local events. Beech Mountain is only minutes away, and Sugar Mountain is just a short drive.

    Tracy Simms Blue Ridge Realty & Inv. - Banner Elk

    Section Image
  • 135 Wapiti Way Unit C, Banner Elk, NC 28604

    $619,500

    • 3 Beds
    • 3 Baths
    • 2,249 Sq Ft
    • 135 Wapiti Way
    • Unit C
    • Banner Elk, NC

    Welcome to 135 Wapiti Way, Unit C at The Lodges at Elkmont. This top-floor, updated two-story unit offers a unique blend of privacy and convenience, perfect for anyone looking for a tranquil retreat in the heart of Banner Elk. As you enter the unit, you are greeted by a spacious living area with high ceilings and an abundance of natural light. The open floor plan seamlessly connects the living

    Sarah Whitfield Premier Sotheby's International Realty- Banner Elk

    Section Image
  • 482 Indian Paintbrush Dr Unit Rl-1, Banner Elk, NC 28604

    $699,000

    • 3 Beds
    • 3 Baths
    • 1,657 Sq Ft
    • 482 Indian Paintbrush Dr
    • Unit Rl-1
    • Banner Elk, NC

    This stunning 3-bedroom, 3-bathroom condo inside Echota on the Ridge is the perfect blend of comfort, style, and investment potential. Fully furnished (excluding a small list of personal items), it offers a turn-key opportunity for those seeking a mountain retreat or a lucrative short-term rental property.Enjoy expansive mountain views from the back balcony, where you can unwind and take in the

    Matt Archibald Nest Realty

    Section Image
  • 419 Indian Paintbrush Dr Unit RQ-6, Banner Elk, NC 28604

    $799,900

    • 3 Beds
    • 3 Baths
    • 1,669 Sq Ft
    • 419 Indian Paintbrush Dr
    • Unit RQ-6
    • Banner Elk, NC

    Remarkable views of Grandfather Mountain and the surrounding mountains from this stunning TOP FLOOR 3BR|3BA Grand Oaks at Echota on the Ridge. This luxury condo features high-end finishes including hardwood floors in the main living areas and both guest bedrooms, custom plantation shutters throughout, vaulted ceilings with beam accents and a stacked stone gas fireplace with raised hearth. The

    Leah Grove Foscoe Realty & Development

    Section Image
  • 323 Indian Paintbrush Dr Unit R331, Banner Elk, NC 28604

    $675,000

    • 2 Beds
    • 2 Baths
    • 1,391 Sq Ft
    • 323 Indian Paintbrush Dr
    • Unit R331
    • Banner Elk, NC

    Highly Desireable Echota on the Ridge Contemporary Mountain Condo, Top Floor 2BR / 2BA plus Loft is offering your own personal exquisite views of the Grandfather Mountain area. Fully furnished (minus exceptions) & never been rented! Reflecting a modern mountain style with high-end upgrades and hardwood floors throughout the entry. It also offers a modern kitchen with granite countertops,

    Matthew De Camara de Camara Properties

    Section Image
  • 290 Indian Paintbrush Dr Unit R1011, Banner Elk, NC 28604

    $589,900

    • 2 Beds
    • 2 Baths
    • 1,207 Sq Ft
    • 290 Indian Paintbrush Dr
    • Unit R1011
    • Banner Elk, NC

    Embrace mountain living in this charming 2BR|2BA condo at Echota on the Ridge. Offered furnished, this lower-level condo is turn-key and ready for you to enjoy. Features include hardwood floors throughout the main living area, brand-new HVAC system installed in 2025, and an updated LG full-size washer & dryer. The kitchen features birch cabinetry, new stainless steel appliances and granite

    Leah Grove Foscoe Realty & Development

    Section Image

Source: High Country Association of REALTORS®

MLS Number: 257101

High Country Association of REALTORS®