520 Penny Ln Unit 1B Banner Elk, NC 28604
Property details
About 520 Penny Ln Unit 1B
Experience refined mountain living in this stunning level-entry, 2 bedrooms, 2 baths, end-unit condo, perfectly situated just minutes from Banner Elk, Lees-McRae College, and the premier ski resorts of Beech and Sugar Mountain. Boasting superior soundproofing and high-end finishes throughout, this luxury residence offers both comfort and sophistication. Step into a spacious, open-concept layout featuring a gourmet kitchen with granite countertops, perfect for entertaining. Unwind in the primary ensuite, complete with a jetted whirlpool tub, a walk-in shower, and a walk-in closet with custom shelving. Enjoy cozy evenings by the natural gas fireplace or dine al fresco with a built-in outdoor grill while soaking in breathtaking long-range views. Additional highlights include natural gas heating, elegant design details, and a 30-day minimum rental policy, offering flexibility for both homeowners and investors. Truly a rare find in the High Country.
Highlights
Summary
- MLS Number: 4244171
- Office Name: Realty One Group Results-Boone
- Office Email: condreyjd@gmail.com
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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. Properties displayed may be listed or sold by various participants in the MLS.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Copyright © 2025 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/12/2025, 6:21:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$582,000
520 Penny Ln Unit 1B
$6,911
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
10
Banner Elk Elementary School
Public District PK-5
1.7 mi
•155 Orchard Ln
7
Freedom Trail Elementary School
Public District PK-5
5.1 mi
•6110 N US Highway 19E
5
Newland Elementary School
Public District PK-5
6.5 mi
•750 Linville St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,282. The majority of Banner Elk, NC residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Wal-Mart
Dollar General
Bass Pro Shops
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Ram
GMC
Chevrolet
What do the neighbors listen to?
Classic Country
New Country
Oldies
Frequently asked questions
About 520 Penny Ln Unit 1B
This home is located at 520 Penny Ln Unit 1B in Banner Elk, NC and zip code 28604. This 1,573 square foot home was built in 2018. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 11, 2025 and is currently priced at $582,000.
Banner Elk, NC housing market in March 2025 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 3 sold below. The number of listings in Banner Elk, NC increased by 2.3% between February and March 2025. While the average time on the market in March 2025 was 78 days, the median list price was $245,000.