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Penrose Homes for Sale

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  • /48

    $620,000

    New Construction $50K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,403 Sq Ft

    146 Cliff Rd, Penrose, NC 28766

    Large price drop because the sellers are very motivated to move this property. Come see it- it's the entire puzzle of the property that warrants your attention the home being one piece of the puzzle. Perfectly situated on an acre of land equidistant to Pisgah and Dupont Forest, Brevard and Hendersonville is the ideal home for your next chapter of living in nature, in a low maintenance, brand new

    Sadie Carlson Looking Glass Realty

    146 Cliff Rd, Penrose, NC 28766
  • /17

    $254,000

    • 2 Beds
    • 2 Baths
    • 1,070 Sq Ft

    192 Lady Bug Ln, Penrose, NC 28766

    Tucked away in the beautiful rolling hills of Penrose, this lovingly maintained 2-bedroom, 2-bathroom home sits on a gentle, beautifully landscaped 0.49-acre lot. Built on a permanent foundation with an installed moisture barrier in the crawl space, this property perfectly combines mountain peace with turnkey convenience. The inviting main level features great natural light, a cozy propane gas

    Crystal Gardner Gardner Group Realty

    192 Lady Bug Ln, Penrose, NC 28766
  • /48

    $599,000

    • 3 Beds
    • 4 Baths
    • 4,260 Sq Ft

    94 Paradise Cove Rd, Penrose, NC 28766

    If you are looking lots of room, flexible floor plan and privacy, you need to see this home! Tons of sq. footage for the money with several different areas that could be used as living areas, arts and crafts studios, workshop and on and on. Situated on just over an acre of luxurious private lot with spacious outdoor living spaces, this private home still offers a very convenient location. 15

    Jeff Baucom Looking Glass Realty

    94 Paradise Cove Rd, Penrose, NC 28766
  • /46

    $198,400

    $23K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,404 Sq Ft

    294 E Lester Ln, Hendersonville, NC 28739

    Don't miss this fantastic opportunity to own a spacious 3-bedroom, 2-bathroom doublewide manufactured home situated on a generous 1.24-acre lot. Offering plenty of room both inside and out, this property is perfect for anyone looking for peaceful country living with space to spread out. The home is move-in ready and only needs light cosmetic updates, making it an excellent opportunity to add your

    Ondria Ortiz The Brown Keys Real Estate

    294 E Lester Ln, Hendersonville, NC 28739
  • /37

    $30,000

    • Land
    • 1.5 Acres
    • $20,000 per Acre

    999 Bulling Creek Dr, Hendersonville, NC 28739

    Builders and developers or anyone looking for private acreage to build a dream home with long-range views! Nestled in WNC, this mountain acreage offers an unparalleled opportunity to immerse yourself in nature's beauty. With majestic views of the DuPont National Forest and the added allure of multiple waterfalls on select tracts, this location is a haven for those seeking tranquility, adventure,

    Phillip Trees George Real Estate Group Inc

    999 Bulling Creek Dr, Hendersonville, NC 28739
  • /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
  • /38

    $659,000

    $15K PRICE DROP
    • Land
    • 22 Acres
    • $29,955 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

    $139,500

    $10K PRICE DROP
    • Land
    • 1.13 Acres
    • $123,451 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
  • /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
  • /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
  • /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 Etowah Rosman Balfour
Median Home Price
$391,500
$507,500
$462,500
$349,500
Median Sale Price
$380,000
-22% YoY
$450,000
-3% YoY
$364,000
$330,000
-11% YoY
Median Single Family Price
$410,000
$465,000
$425,000
$343,500
Total Active Listings
5 listings
73 listings
26 listings
8 listings
Market Conditions
7 Months of Supply
Buyer's Market
6 Months of Supply
Balanced Market
8 Months of Supply
Buyer's Market
6 Months of Supply
Balanced 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 $391,500. If you put a 20% down payment of $78,300 and had a 30-year fixed mortgage with an interest rate of 6.69%, your estimated principal and interest payment would be $2,020 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $87K 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 27% in the last 12 months.
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