Penny Lane 2B

Banner Elk | North Carolina

Where Doormen

Deliver Dreams

View Photos Watch Film 360° VTour Open House

Sue Eggers

Presented At

$715,000

Bedrooms

Bathrooms

Living

2,167

SQFT

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552

Penny Lane 2B

Banner Elk | North Carolina

552 Penny Lane 2B, Banner Elk, NC 28604, Banner Elk, North Carolina, United States. , Banner Elk , North Carolina

3 Bedrooms Single Family Detached

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.

Gallery

3D Street View Tour

Property Location

552 Penny Lane 2B, Banner Elk, NC 28604, Banner Elk, North Carolina, United States., Banner Elk North Carolina

Local Weather & Climate

Banner Elk, North Carolina

Current Conditions Updated recently

25 °F

Few clouds

Feels Like 13°F

Humidity 67%

Wind 14 mph

Visibility 6.2 mi

Sunrise 12:17 PM

Sunset 11:06 PM

5-Day Forecast

Fri 13 Feb

Clear

High 46°

Low 23°

Sat 14 Feb

Clear

High 50°

Low 28°

Sun 15 Feb

Rain

High 43°

Low 36°

Mon 16 Feb

Clouds

High 51°

Low 39°

Tue 17 Feb

Clear

High 56°

Low 34°

Annual Climate Based on last 12 months

43° Avg Low

Jan

60° Avg High

Jul

197 Rainy Days

per year

Arid

Semi-Arid

Moderate

Wet

44.5" Annual Rainfall

Moderate climate

❄

36 Snow Days

per year

Monthly Temperatures

Jan

38°

22°

Feb

43°

25°

Mar

58°

36°

Apr

64°

45°

May

65°

48°

Jun

72°

56°

Jul

76°

62°

Aug

76°

61°

Sep

73°

57°

Oct

59°

43°

Nov

51°

34°

Dec

43°

26°

Data from OpenWeatherMap & Open-Meteo

Walkability & Transit Scores

How easy is it to get around Banner Elk?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

$0 Est. First Year Interest Deduction

$0 Est. Annual Tax Savings

*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

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Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 552 Penny Lane 2B, Banner Elk, NC 28604, Banner Elk, North Carolina, United States have?

This house at 552 Penny Lane 2B, Banner Elk, NC 28604, Banner Elk, North Carolina, United States features 3 bedrooms with 2,167 square feet of living space.

What is the size of 552 Penny Lane 2B, Banner Elk, NC 28604, Banner Elk, North Carolina, United States?

This property offers 2,167 square feet of living space.

What is the listing price for 552 Penny Lane 2B, Banner Elk, NC 28604, Banner Elk, North Carolina, United States?

This property is listed at $71,500,000, which equals $32995 per square foot.

What is the climate like in Banner Elk?

Banner Elk features a pleasant climate. Average temperatures range from 43°F in winter to 60°F in summer. The area receives approximately 44.5 inches of precipitation annually. There are about 197 days with rain throughout the year. Expect around 36 days with snow. This climate information can help you plan for seasonal activities and energy costs.

What are the best months to visit or move to Banner Elk?

Banner Elk tends to be warmest in Jul and coldest in Jan. The shoulder seasons of spring and fall often offer the most comfortable weather for moving and outdoor activities.

What type of property is 552 Penny Lane 2B, Banner Elk, NC 28604, Banner Elk, North Carolina, United States?

This is a house located in Banner Elk, North Carolina. The property is situated in an established neighborhood with convenient access to local amenities and services.

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