552 Penny Lane, Banner Elk NC
- 3 Bed
- 3 Bath
- 1526 ft2
For Sale $715,000
Remarks:
Welcome to this stunning 3-bed, 3-bath condo in The Vistas, where comfort and elegance meet breathtaking Grandfather Mountain views. Accessed via elevator or stairs, this condo features an open-concept layout, hardwood floors, and expansive windows showcasing the scenery. The kitchen boasts granite countertops, ample cabinetry, and high-end appliances. A vaulted ceiling and stone fireplace enhance the great room. The primary suite offers mountain views, a walk-in closet, and a luxurious ensuite with jetted tub and tiled shower. A guest suite and upstairs third bedroom with bath and loft provide privacy and space. Relax or entertain on the covered deck with a built-in gas grill and storage. Additional features include a laundry room, tankless water heater, gas furnace, and more. Minutes from Banner Elk, Beech & Sugar Mountain, golf, trails, and dining. Unit sold unfurnished—don’t miss this exceptional opportunity!
Exterior Features:
Elevator
Interior Features:
Breakfast Bar, Entrance Foyer, Walk-In Closet(s)
General Information:
| List Price: | $715,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Condominium |
| Approx Sq. Ft.: | 1526 sqft |
| Parking: | Driveway, Parking Lot, Shared Driveway |
| MLS Number: | CAR4290403 |
| Subdivision: | The Vistas at Banner Elk |
| Bathrooms: | 3 |
| Year Built: | 2016 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Banner Elk |
| Middle: | Cranberry |
| High: | Avery County |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 11-24-2025 | Under Contract | $715,000 | $469 |
| 11-09-2025 | Price Decrease | $715,000-4.65% | $469 |
| 08-24-2025 | Listed | $749,900 | $492 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Grandfather Academy | 1 miles | 01-07 | 1 |
| Valle Crucis Elementary | 6 miles | PK-05 | 8 |
| Bethel Elementary | 9 miles | KG-06 | 5 |
| Cove Creek Elementary | 10 miles | PK-05 | 7 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 552 Penny Lane, Banner Elk NC | 0 mi | $715,000 | days | |
| 520 Penny Lane, Banner Elk NC | 0.1 mi | $582,000 | days | |
| 344 & 348 Tumbling Brook Drive, Banner Elk NC | 0.4 mi | $1,998,000 | days | |
| 706 Silver Springs Drive, Banner Elk NC | 0.6 mi | $2,950,000 | days | |
| 372 Silver Springs Drive, Banner Elk NC | 0.7 mi | $665,000 | days | |
| 750 Silver Springs Drive, Banner Elk NC | 0.8 mi | $1,550,000 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28604
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By C-21 Mountain Vistas
552 Penny Lane, Banner Elk NC is a 1526 ft2 . This is for $715,000. This has 3 bedrooms, 3 baths, and was built in 2016.
Based on information submitted to the MLS GRID as of 2025-08-24 11:20:30 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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