202 Morgan Drive
Penrose, NC, 28766
$825,000
- 4beds
- 3baths
- 2,885sq ft
- 1994year built
- $42HOA / mo
- 49days on market
Your savings stack on this home
How we figured this
ZERO Closing Costs covers origination $1,300, appraisal $500, title & settlement $1,046, owner’s title insurance $1,758, credit, flood & data fees $160 and lower government recording fees & taxes $90, priced for Transylvania, NC with 20% down. Restrictions apply.
Hope Foster, REALTOR®
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About this home
- Attached garage
- Finished basement
- Hardwood floors
5.39-Acre Equestrian Mini-Farm in Penrose | Updated Ranch with Barn, Fenced Pasture, Stream, & Mountain Views — 3 miles to DuPont Forest!" Not just for horses but the opportunity for Biking is exceptional. The main house gives you four bedrooms and three full baths, with the primary suite tucked on the main level and its own door out to a covered porch built for watching the sun come up over the ridgeline. Double vanities and a steam shower in the primary bath. Skylights in the living room. The kitchen has been remodeled and opens to a breakfast nook with plenty of room to spread out for Sunday dinner, and the main level laundry room comes with a sink and more cabinet space than most people know what to do with. Downstairs, the partially finished basement adds a fourth bedroom, full bath, family room, and a bonus space that works as an office or a rec room, your call. Upper and lower garages are both heated and cooled, and the lower level has a workshop for anyone who likes to tinker. Outside is where this property really earns the horse property name. Fenced pastures, a barn with power and water, a fenced vegetable garden, and a fire pit for evenings under the stars. Seven miles to Pisgah National Forest. Three miles to DuPont. This is the kind of setup people search for years to find.
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Location
Property details
Important details
- Status
- Active
- Date listed
- 9/16/2026
- Time on Market
- 49 days
- Property Type
- Single Family Residence
- List Price
- $825,000
- Price/Sq. Ft
- $286
- Living area
- 2,885 sq. feet
- Lot Size
- None listed
- Year Built
- 1994
- County
- Transylvania
- Community
- Little River Ranch
- HOA
- $500/Annually
Interior details
- Bathrooms
- 3 Full
- Basement
- Interior Entry, Partially Finished, Walk-Out Access
- Heating
- Heat Pump, Propane
- Cooling
- Heat Pump
- Rooms
- 1 Total, 4 Bedrooms
- Appliances
- Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Building & lot
Building
- Architectural Style
- Ranch
- Living Area
- 2,885 sq ft
- Property Type
- Single Family Residence
- Year Built
- 1994
- Flooring
- Carpet, Laminate, Tile, Vinyl, Wood
- Roof
- Shingle
Lot Info
- Parcel Number
- 9515-89-0740-000
Exterior Features
- Fencing
- Chain Link, Partial
- Pool
- No
Parking
- Parking Features
- Basement, Driveway
- Garage
- Yes (Attached)
Ownership
Community details
School Districts
- Elementary
- Pisgah Forest
- Middle
- Brevard
- High
- Brevard
Utilities
- Sewer
- Septic Tank
- Water
- Well
Neighborhood
- Subdivision
- Little River Ranch
- HOA
- $500/Annually
- Zoning
- nnone
Taxes & Assessment
- Tax Assessed Value
- $607,750
Listing information
Realty Agent
Listing Details
- Service
- Full Service
- MLS System
- CMLS
- MLS ID
- 4422581
- MLS Status
- Active
Listed by: Howard Hanna Beverly-Hanks Brevard South
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