552
Penny Lane 2B
Banner Elk | North Carolina
Where Doormen
Deliver Dreams
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Sue Eggers
Presented At
$715,000
Bedrooms
3
Bathrooms
3
Living
2,167
SQFT
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.
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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
47"
Annual Rainfall
❄
❄
❄
❄
❄
❄
❄
❄
❄
❄
❄
❄
❄
❄
36
Snow Days
per year
Monthly Temperatures
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
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$100,000
%
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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- 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.
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The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:
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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.
Frequently Asked Questions
Common questions about this property
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.
This property offers 2,167 square feet of living space.
This property is listed at $71,500,000, which equals $32995 per square foot.
Banner Elk features a pleasant climate. Average temperatures range from 43°F in winter to 60°F in summer. The area receives approximately 47 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.
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.
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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