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Penrose Homes for Sale

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  • /48

    $1,200,000

    • 3 Beds
    • 2 Baths
    • 1,680 Sq Ft

    1025 Jeter Mountain Rd, Penrose, NC 28766

    Perched atop nearly 5 unrestricted acres in the highly sought-after Penrose/Little River area, this one-of-a-kind mountain retreat offers breathtaking 180-degree long-range views stretching across the Blue Ridge Parkway from Mount Pisgah to Hogback Mountain. Framed perfectly from the kitchen window, iconic Looking Glass Rock serves as the centerpiece of the ever-changing mountain panorama,

    Agent Photo

    Cherie Goldsmith

    Homestead Realty

    1025 Jeter Mountain Rd, Penrose, NC 28766
  • /34

    $65,000

    • Land
    • 1.66 Acres
    • $39,157 per Acre

    263 Parkway View Ln, Little River, NC 28766

    Build your mountain retreat in the intimate 14-lot community of Parkway View Estates. This 1.66-acre parcel includes two adjoining lots, providing added privacy and flexibility for your future homesite. An expired 3-bedroom septic permit is on file, helping simplify the path toward development. A potential build site sits above the road, where selective clearing could open up long-range mountain

    Kristin Janes EXP Realty LLC

    263 Parkway View Ln, Little River, NC 28766
  • /38

    $674,000

    • Land
    • 22 Acres
    • $30,636 per Acre

    259 E Lester Ln, Hendersonville, NC 28739

    An extraordinary approx 22-acre sanctuary positioned directly across the entrance to Dupont State Forest, offering unlimited possibilities for visionary development. Whether you’re building an elite family compound, creating a high-end hospitality venture, establishing an exclusive retreat destination, a new development or a private retreat the cleared primary site and abundant secondary build

    Agent Photo

    Rebecca Lafunor

    Real Broker, LLC

    259 E Lester Ln, Hendersonville, NC 28739
  • /8

    $186,000

    • Land
    • 4.99 Acres
    • $37,275 per Acre

    99999 Laura Brooke Dr, Penrose, NC 28766

    Nearly 5 secluded acres in Penrose offering the perfect setting for your private mountain retreat. Featuring a mix of level and sloped terrain for added privacy and flexibility, this unzoned property offers a variety of potential build and subdivision opportunities. Ideal for a primary residence, vacation getaway, or short-term rental investment!

    Matt Tavener Keller Williams Professionals

    99999 Laura Brooke Dr, Penrose, NC 28766
  • /23

    $149,000

    • Land
    • 1.13 Acres
    • $131,858 per Acre

    137 Bird Song Rd Unit 3, Penrose, NC 28766

    Discover the potential of mountain living with this 1.01-acre homesite in Mountain Meadows, conveniently located just off Jeter Mountain Road in Penrose, NC. Lot 3 offers a wonderful opportunity to build your mountain getaway or full-time residence in a peaceful setting surrounded by natural beauty. Much of the groundwork is already in place, with utilities installed, driveway in place and a

    Cindy Petit Petit Properties Inc

    137 Bird Song Rd Unit 3, Penrose, NC 28766
  • /48

    $1,110,000

    $240K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 3,682 Sq Ft

    770 Dream Weaver Dr, Penrose, NC 28766

    Escape to your own private mountain retreat in this stunning custom-built timber frame home overlooking the Little River Valley. Set on 2 acres MOL (additional acreage available), this thoughtfully designed 3-bedroom, 2.5 bath residence offers 3,680 sq ft of living space with breathtaking long-range views of Pisgah National Forest, Looking Glass, and sections of the Blue Ridge Parkway visible

    Nicholas Huscroft Chosen Realty of NC LLC

    770 Dream Weaver Dr, Penrose, NC 28766
  • /27

    $254,900

    $34K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,456 Sq Ft

    76 Gobblers Knob, Penrose, NC 28766

    Set against the natural beauty of the mountains, 76 Gobblers Knob Road offers the perfect blend of space, privacy, and convenience. Situated on 2 peaceful acres, this 3-bedroom, 2-bath manufactured home feels like a true retreat while still keeping you close to everything that makes Western North Carolina special. Inside, the split-bedroom layout gives everyone their own space, while the

    Jake Raines Petit Properties Inc

    76 Gobblers Knob, Penrose, NC 28766
  • /8

    $379,000

    $10K PRICE INCREASE
    • Land
    • 7 Acres
    • $54,143 per Acre

    9999 Bulling Creek Rd, Penrose, NC 28766

    This is more than a parcel of land—it is the foundation for a thoughtfully designed mountain home. Rarely do orientation, elevation, and topography align as seamlessly as they do here. The homesites offers both southern and western exposure, providing abundant year-round natural light and dramatic sunset views—an exceptional and highly sought-after combination in Western North Carolina with

    Agent Photo

    Rebecca Lafunor

    Real Broker, LLC

    9999 Bulling Creek Rd, Penrose, NC 28766
  • /7

    $56,000

    • Land
    • 36,154 Sq Ft
    • $67,470 per Acre

    F2 Emma Bri Ln Unit F2, Laurel Park, NC 28739

    Carolina mountains and blue skies at it's very best! This .91 (.83 acre + .08 R/W) acre gentle sloping lot in private Dogwood Mountain Estates may be the perfect setting for your mountain retreat. Underground electric is already installed and septic/well are needed. Approximately 3300 ft above sea level, this community is private yet convenient to Dupont State Forest, Hendersonville and Brevard.

    Caroline Ericksen Coldwell Banker Advantage

    F2 Emma Bri Ln Unit F2, Laurel Park, NC 28739
  • /14

    $56,000

    $13K PRICE DROP
    • Land
    • 1.01 Acres
    • $55,446 per Acre

    TBD Emma Bri Ln Unit 10, Laurel Park, NC 28739

    PRICE REDUCTION! Tranquil and scenic Carolina mountain top living is what you will find here! This 1+ acre level to gentle sloping lot in private Dogwood Mountain Estates is an excellent opportunity to build your forever, or a vacation home. Underground electric is already installed, and active well and septic permits are in hand. Approximately 3300 ft above sea level. Located just minutes from

    Agent Photo

    John Witherspoon

    Witherspoon Platt Associates

    TBD Emma Bri Ln Unit 10, Laurel Park, NC 28739
  • /12

    $53,000

    $10K PRICE DROP
    • Land
    • 1 Acre
    • $53,000 per Acre

    72 Emma Bri Ln, Penrose, NC 28766

    Nestled just 8 minutes from DuPont State Forest, world-renowned trails await! This stunning corner1-acre property offers the perfect location for your mountain escape. The gentle terrainmakes building a breeze, minimizing costs and getting your dream home underway quickly. Smart design may allow for an incredible view. Location is key! Combine convenience, tranquility, and access to the

    Taryn Hart Howard Hanna Beverly-Hanks Brevard Downtown

    72 Emma Bri Ln, Penrose, NC 28766
  • /6

    $70,000

    • Land
    • 2 Acres
    • $35,000 per Acre

    Lot D1 and D2 000 Dogwood Ln, Penrose, NC 28766

    Don't miss this opportunity to build your WNC mountain dream! These are the last two available lots in Section D, with construction already beginning on recently purchased lots in this section! Tranquil and scenic Carolina mountain top living is what you will find here! These two lots purchased together offer approx. 2 level, to gentle sloping acres in private Dogwood Mountain Estates. This is an

    Tyler Greer Keller Williams Mtn Partners, LLC

    Lot D1 and D2 000 Dogwood Ln, Penrose, NC 28766
  • /7

    $37,500

    • Land
    • 1 Acre
    • $37,500 per Acre

    Lot D2 000 Dogwood Ln, Penrose, NC 28766

    Don't miss this opportunity to build your WNC mountain dream! These are the last two available lots in Section D, with construction already beginning on recently purchased lots in this section! Tranquil and scenic Carolina mountain top living is what you will find here! This approx. 1 acre level to gentle sloping lot, in private Dogwood Mountain Estates is an excellent opportunity to build your

    Tyler Greer Keller Williams Mtn Partners, LLC

    Lot D2 000 Dogwood Ln, Penrose, NC 28766
  • /8

    $37,500

    • Land
    • 1 Acre
    • $37,500 per Acre

    Lot D1 000 Dogwood Ln, Penrose, NC 28766

    Don't miss this opportunity to build your WNC mountain dream! These are the last two available lots in Section D, with construction already beginning on recently purchased lots in this section! Tranquil and scenic Carolina mountain top living is what you will find here! This approx. 1 acre level to gentle sloping lot, in private Dogwood Mountain Estates is an excellent opportunity to build your

    Tyler Greer Keller Williams Mtn Partners, LLC

    Lot D1 000 Dogwood Ln, Penrose, NC 28766
  • /4

    $29,000

    $4K PRICE DROP
    • Land
    • 1 Acre
    • $29,000 per Acre

    000 Dogwood Ln Unit E1, Penrose, NC 28766

    Tranquil and scenic Carolina mountain top living is what you will find here! This 1.00 acre level to gentle sloping lot in private Dogwood Mountain Estates is an excellent opportunity to build your forever, or a vacation home. Underground electric is already installed. Approximately 3300 ft above sea level. Located just minutes from DuPont State Forest, and the Oscar Blues Ranch as well as

    Tyler Greer Keller Williams Mtn Partners, LLC

    000 Dogwood Ln Unit E1, Penrose, NC 28766
  • /5

    $23,900

    • Land
    • 30,492 Sq Ft
    • $34,143 per Acre

    000 Dogwood Dr Unit E7, Penrose, NC 28766

    Tranquil and scenic Carolina mountain top living is what you will find here! This .70 acre level to gentle sloping lot in private Dogwood Mountain Estates is an excellent opportunity to build your forever, or a vacation home. Underground electric is already installed. Approximately 3300 ft above sea level. Located just minutes from DuPont State Forest, and the Oscar Blues Ranch as well as

    Tyler Greer Keller Williams Mtn Partners, LLC

    000 Dogwood Dr Unit E7, Penrose, NC 28766
  • /7

    $49,900

    $25K PRICE DROP
    • Land
    • 37,461 Sq Ft
    • $58,023 per Acre

    000 Emma Bri Ln Unit F1, Hendersonville, NC 28739

    Tranquil and scenic Carolina mountain top living is what you will find here! This .86 acre level to gentle sloping lot in private Dogwood Mountain Estates is an excellent opportunity to build your forever, or a vacation home. Underground electric is already installed. Approximately 3300 ft above sea level. Located just minutes from DuPont State Forest, and the Oscar Blues Ranch as well as

    Tyler Greer Keller Williams Mtn Partners, LLC

    000 Emma Bri Ln Unit F1, Hendersonville, NC 28739
  • /5

    $42,900

    • Land
    • 1.07 Acres
    • $40,093 per Acre

    000 Emma Bri Ln Unit F9, Hendersonville, NC 28739

    Tranquil and scenic Carolina mountain top living is what you will find here! This 1.07 acre level to gentle sloping lot in private Dogwood Mountain Estates is an excellent opportunity to build your forever, or a vacation home. Underground electric is already installed. Approximately 3300 ft above sea level. Located just minutes from DuPont State Forest, and the Oscar Blues Ranch as well as

    Tyler Greer Keller Williams Mtn Partners, LLC

    000 Emma Bri Ln Unit F9, Hendersonville, NC 28739
  • /2

    $26,900

    • Land
    • 30,492 Sq Ft
    • $38,429 per Acre

    000 Dogwood Dr Unit E6, Penrose, NC 28766

    Tranquil and scenic Carolina mountain top living is what you will find here! This .70 acre level to gentle sloping lot in private Dogwood Mountain Estates is an excellent opportunity to build your forever, or a vacation home. Underground electric is already installed. Approximately 3300 ft above sea level. Located just minutes from DuPont State Forest, and the Oscar Blues Ranch as well as

    Tyler Greer Keller Williams Mtn Partners, LLC

    000 Dogwood Dr Unit E6, Penrose, NC 28766

Penrose Home Prices vs. Nearby Brevard, NC Neighborhoods

Penrose Balsam Grove Union Mills Hoopers Creek
Median Home Price
$385,000
$330,000
$399,000
$379,000
Median Sale Price
$380,000
-16% YoY
$375,000
+43% YoY
$350,000
+4% YoY
$335,000
+7% YoY
Median Single Family Price
$325,000
$349,000
$403,000
$450,000
Total Active Listings
2
5
25
7
Market Conditions
3 Months of Supply
Seller's Market
20 Months of Supply
Buyer's Market
7 Months of Supply
Buyer's Market
7 Months of Supply
Buyer's Market

Frequently Asked Questions

Is Penrose a good place to live?
Penrose is a good place to live. Penrose is considered very car-dependent and somewhat bikeable. It has a median age of 47. The average household income is $62,816 which is below the national average. College graduates make up 34.8% of residents. A majority of residents in Penrose are home owners, with 15% of residents renting and 85% of residents owning their home. A local real estate agent serving Penrose can help you decide if this neighborhood is the right one for you. Learn more on our Penrose neighborhood guide.
Is Penrose, NC a safe neighborhood?
Penrose, NC is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Penrose?
The median home price in Penrose is $385,000. If you put a 20% down payment of $77,000 and had a 30-year fixed mortgage with an interest rate of 6.47%, your estimated principal and interest payment would be $1,940 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $83K a year to afford the median home price in Penrose. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Penrose is $63K.
What are the best public schools in Penrose?
The best public schools that serve Penrose are:
What are the best private schools in Penrose?
The best private schools that serve Penrose are:
What are the most popular zip codes in Penrose, Brevard, NC?
The most popular zip codes in Penrose, Brevard, NC include 28766, 28739, 28768, 28792 and 28729.
What are the most popular neighborhoods near Penrose, Brevard, NC?
The most popular neighborhoods near Penrose, Brevard, NC are Cedar Mountain, Zirconia, Slater-Marietta, Cliffs at Valley and Cliffs at Mountain Park.
Are home prices dropping in Penrose?
Yes, home prices in Penrose are down 26% in the last 12 months.
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