Section Image

Penrose

Penrose

Neighborhood in Transylvania County

Transylvania County 28739, 28766, 28768

$452,999 Average Value
$222 Average Price per Sq Ft
3 Homes For Sale

Penrose is a rural enclave near hiking and water recreation

In the valley of the French Broad River sits Penrose, a rural Western North Carolina community on the doorstep of two popular hiking areas. “It’s not crowded,” says Christy Voso, who lives in Penrose and is a broker with Petit Properties. “You’ve got a lot of farmland because the French Broad River flows through the area, so there’s a lot of land that can't be developed. It’ll remain rural.” The French Broad River is only one reason why outdoor enthusiasts are drawn to this area; the others include Dupont State Recreational Forest and Pisgah National Forest. Penrose has a secluded feel, but stores and restaurants in Brevard are around 7 miles away.
Penrose is a rural community in western North Carolina.
Penrose is a rural community in western North Carolina.
The French Broad River offers great summer fun for Penrose residents.
The French Broad River offers great summer fun for Penrose residents.
1/2

Ranch-style homes with pasture and mountain views

Houses near Crab Creek and the French Broad River sit in a pasture-filled valley where ranch-style homes have views of the surrounding mountains. On average, properties are around a half-acre, though some are over 5 acres. The rest of Penrose is mountainous, and narrow, steep roads lead to cabin-style homes with peaked ceilings, exposed rafters and wood interiors. These often have views of the surrounding ranges and valley below, and they are usually on forested lots that give privacy from neighbors. Prices typically range from around $370,000 to $750,000. Manufactured houses can cost between $200,000 and $460,000, and undeveloped land usually ranges from around $20,000 to $220,000.
Some homes sit on elevated plots of land in Penrose.
Some homes sit on elevated plots of land in Penrose.
Manufactured houses make up a large percentage of properties in Penrose.
Manufactured houses make up a large percentage of properties in Penrose.
1/2

Outdoor recreation in forests and the French Broad River

“The biggest draw is mountain biking and hiking because it’s really close to Dupont State Recreational Forest and Pisgah National Forest,” Voso says. DuPont has over 80 miles of mountain trails that are known for their waterfalls, some of which were featured in movies like “The Hunger Games” and “The Last of the Mohicans.” Pisgah also has hiking trails and is home to the Blue Ridge Parkway, a scenic road that runs the length of the Blue Ridge Mountains and leads to some of the area’s most popular hikes. The French Broad River is known for fly fishing, tubing and paddle sports.
Penrose residents enjoy the bike friendly roads in the area.
Penrose residents enjoy the bike friendly roads in the area.
There are many great hiking trails at the Pisgah National Forest, near Penrose, NC.
There are many great hiking trails at the Pisgah National Forest, near Penrose, NC.
1/2

B-rated public schools and a sought-after charter school

Kids can attend Pisgah Forest Elementary, which receives a B-minus from Niche, and then go to Brevard Middle, which receives a B. The A-minus-rated Brevard Academy nearby is an alternative option for elementary and middle schoolers. This public charter school has a lottery system for enrollment. At the B-plus-rated Brevard High, students can join extracurriculars like The Broadcaster, a student-run newspaper that’s been published since 1941.
Pisgah Forest Elementary offers and education to Pre-K and Elementary grades in Penrose, NC.
Pisgah Forest Elementary offers and education to Pre-K and Elementary grades in Penrose, NC.
Students living in Penrose can attend Brevard Middle School.
Students living in Penrose can attend Brevard Middle School.
1/2

The annual DuPont Forest Festival

On National Public Lands Day each September, nature lovers head to DuPont State Recreational Forest for the DuPont Forest Festival. The event has food trucks and yoga sessions at the Guion Farm Area, and the volunteer group Friends of DuPont Forest hosts group hikes and bike rides.
There are also plenty of food trucks in Penrose, NC.
There are also plenty of food trucks in Penrose, NC.
The Dupont State Forest is a common destination for locals and visitors near Penrose.
The Dupont State Forest is a common destination for locals and visitors near Penrose.
1/2

Routes to amenities in Brevard and Asheville

Crab Creek Road is Penrose’s main thoroughfare, and U.S. Route 64 is nearby. Brevard is about 7 miles away, and Asheville is a 32-mile drive. Houses of worship here include Holly Springs Baptist Church and Little River Baptist Church. The overall CAP Index Crime Score is 1 out of 10, lower than the national average of 4. Transylvania Regional Hospital is around 5 miles away, and Asheville Regional Airport is a 16-mile trip.

Stores and restaurants are a short drive away

Penrose is a residential area a short drive from amenities. Dollar General on U.S. Route 64 is the closest place for groceries, but there are more options a few miles away where Route 64 meets U.S. Route 276. Here, Hawg Wild Smokehouse & Taproom serves barbecue plates and sandwiches, while Sora Japanese Restaurant offers sushi and bento boxes. The Hub is a locally owned spot for bikes and outdoor gear. Walmart and Lowe’s Home Improvement are also close. Grocery stores like Ingles Market and Aldi are in Brevard.
Sora and Hawg Wild offer great eateries just outside of Penrose.
Sora and Hawg Wild offer great eateries just outside of Penrose.
Penrose residents can buy outdoor equipment and gear at the Hub.
Penrose residents can buy outdoor equipment and gear at the Hub.
1/2

Flooding risk in the bottomlands and Hurricane Helene’s impact

The valley near the French Broad River and Crab Creek is at risk for flooding. In September 2024, Hurricane Helene caused significant flooding here that submerged roads and flooded homes. “All of the bottomlands were flooded, and there were some homes that did flood,” Voso says. “We had some mudslides that no one was anticipating, but everybody's okay.”
Annie Franklin
Written By
Annie Franklin
Viktor Zagorevskiy
Photography Contributed By
Viktor Zagorevskiy
Nathan Allen
Video By
Nathan Allen

Agents Specializing in this Area

See All Agents

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Dan Hodges, an experienced agent in this neighborhood.

Transit

Airport

Asheville Regional

33 min drive

Crime and Safety

1 - Low Crime, 10 - High Crime Penrose US
Homicide 1 4
Sexual Assault 1 4
Assault with Weapon 1 4
Robbery 1 4
Burglary 1 4
Motor Vehicle Theft 1 4
Larceny 1 4
Crime Score 1 4

Source: WhatIsMyCrimeRisk.com

Penrose Demographics and Home Trends

Housing Trends

Median List Price
$460,000
Median Sale Price
$450,000
Median Single Family Sale Price
$450,000
Median Change From 1st List Price
3%
Last 12 months Home Sales
13
Median Home Sale Price YoY Change
18%
Average Price Per Sq Ft
$222

Neighborhood Facts

Number of Homes in Neighborhood
289
Number of Homes for Sale
3
Median Year Built
1981
Months of Supply
2.80
Average Single Family Home Size Sq Ft
1,734
Below the national average
1,931
Median Lot Size Sq Ft
43,560

Distribution of Home Values

Source: Public Records

Homes for Sale

Interested in learning more about homes in this area? Reach out to Dan Hodges, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
1,210
Median Age
47
Population under 18
21.2%
On par with the national average
23.8%
Population over 65
26%
Above the national average
19.1%

Finances

Median Household Income
$56,759
Significantly below the national average
$71,702
Average Household Income
$62,816

Education and Workforce

High School Graduates
96.6%
College Graduates
34.8%
Advanced Degrees
5.4%
Below the national average
13.3%
% Population in Labor Force
51.2%
Below the national average
65.1%

Weather

Annual Precipitation
46''
Average Winter Low Temperature
27°F
Average Summer High Temperature
84°F
Annual Snowfall
0''

Area Factors

Car-Dependent

Walk Score®

0 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Reviews

Are you familiar with the Penrose neighborhood? to let others know what life in this neighborhood is like.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Penrose
Dan Hodges
Mountain Real Estate Rocks
Section Image