# 311 Penny Lane #2B, Banner Elk, NC 28604 > **TL;DR:** 3bd/3ba condo, $729,900 ($342/sqft), built 2008, 2,134 sqft. Est. $3,904/mo. Listed 113 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $729,900 | | Price/sqft | $342 | | Bedrooms | 3 | | Bathrooms | 3 full | | Square Feet | 2,134 | | Year Built | 2008 | | Property Type | Condo (Condominium) | | Status | Active | | Days on Market | 113 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $3,691 | | Estimated Insurance | $213 | | **Total** | **$3,904** | ## Property Highlights - Built in 2008 ## Description ### Agent 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. ## Location - **Address:** 311 Penny Lane #2B, Banner Elk, NC 28604 - **County:** Avery - **Neighborhood:** The Vistas - **Coordinates:** 36.170521, -81.877502 - **Google Maps:** https://www.google.com/maps?q=36.170521,-81.877502 ## Virtual Tour & Media - **Video Tour:** https://my.matterport.com/show/?m=ny8KKWJPWFo&brand=0 ## Listing Agent - **Name:** Linda Cramblit - **Brokerage:** Blue Ridge Realty & Investments, LLC - **Broker Phone:** (828) 263-8711 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/311-Penny-Ln-Unit-2B_Banner-Elk_NC_28604_M97961-88332?f=listhub&s=HCAORNC&m=263176&c=propsimple) ## Photos ![311 Penny Lane #2B - Photo 1](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f820747211r.jpg) ![311 Penny Lane #2B - Photo 2](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f2554032042r.jpg) ![311 Penny Lane #2B - Photo 3](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f2871668187r.jpg) ![311 Penny Lane #2B - Photo 4](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f2170228088r.jpg) ![311 Penny Lane #2B - Photo 5](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f1617970206r.jpg) ![311 Penny Lane #2B - Photo 6](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f1918275439r.jpg) ![311 Penny Lane #2B - Photo 7](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f323309721r.jpg) ![311 Penny Lane #2B - Photo 8](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f3635823960r.jpg) ![311 Penny Lane #2B - Photo 9](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f2554334297r.jpg) ![311 Penny Lane #2B - Photo 10](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f2438575604r.jpg) ![311 Penny Lane #2B - Photo 11](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f3256168520r.jpg) ![311 Penny Lane #2B - Photo 12](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f1037384241r.jpg) ![311 Penny Lane #2B - Photo 13](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f2117856112r.jpg) ![311 Penny Lane #2B - Photo 14](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f2842470789r.jpg) ![311 Penny Lane #2B - Photo 15](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f4007553755r.jpg) ![311 Penny Lane #2B - Photo 16](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f2983784060r.jpg) ![311 Penny Lane #2B - Photo 17](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f2056324561r.jpg) ![311 Penny Lane #2B - Photo 18](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f416135635r.jpg) ![311 Penny Lane #2B - Photo 19](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f3416891950r.jpg) ![311 Penny Lane #2B - Photo 20](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f3038756410r.jpg) ![311 Penny Lane #2B - Photo 21](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f3179960092r.jpg) ![311 Penny Lane #2B - Photo 22](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f452116329r.jpg) ![311 Penny Lane #2B - Photo 23](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f2961178814r.jpg) ![311 Penny Lane #2B - Photo 24](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f936811533r.jpg) ![311 Penny Lane #2B - Photo 25](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f3663389130r.jpg) ![311 Penny Lane #2B - Photo 26](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f430177075r.jpg) ![311 Penny Lane #2B - Photo 27](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f543205012r.jpg) ![311 Penny Lane #2B - Photo 28](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f3734268355r.jpg) ![311 Penny Lane #2B - Photo 29](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f873891540r.jpg) ![311 Penny Lane #2B - Photo 30](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f1561544553r.jpg) ![311 Penny Lane #2B - Photo 31](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f1024415220r.jpg) ![311 Penny Lane #2B - Photo 32](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f57245045r.jpg) ![311 Penny Lane #2B - Photo 33](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f2404663979r.jpg) ![311 Penny Lane #2B - Photo 34](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f2097514171r.jpg) ![311 Penny Lane #2B - Photo 35](http://lh.rdcpix.com/b777e6327a07078b679078d6e7e03c0fl-f4194819897r.jpg) --- **MLS#:** 263176 | **Updated:** 2026-10-26 **Source:** listhub *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.* [View on PropertySimple](https://staging.propertysimple.ai/listing/311-penny-lane-banner-elk-nc-28604-557fe26b7c3e4bc59038a2a5e5172c86) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/311-penny-lane-banner-elk-nc-28604-557fe26b7c3e4bc59038a2a5e5172c86#listing", "url": "https://staging.propertysimple.ai/listing/311-penny-lane-banner-elk-nc-28604-557fe26b7c3e4bc59038a2a5e5172c86", "name": "311 Penny Lane #2B, Banner Elk, NC 28604", "description": "Experience elevated mountain living in this like-new upper-level, two-story condo showcasing unobstructed panoramic views of Grandfather Mountain. 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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. 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