
650 Faircrest Ln Penrose, NC 28766
Estimated payment $4,004/month
Highlights
- Greenhouse
- Spa
- Mountain View
- Etowah Elementary School Rated A-
- Open Floorplan
- Deck
About This Home
Tucked between Pisgah and DuPont forests, this genuine log cabin is your gateway to Western NC’s iconic waterfalls, mountain biking, and hiking trails. Faircrest is a friendly, cabin-only neighborhood minutes from Brevard and Etowah. Massive rock outcroppings double as a personal overlook, with long-range mountain views. Warm Hevea hardwoods lead to a cathedral-ceiling great room anchored by a stone fireplace, perfect for fires on cool evenings. Finished basement features a wet bar with cherry and granite countertops, plus flexible rooms for craft space, home theater, home office, or bunk room, with ample storage. The screened porch and deck invite you to relax in the hot tub or entertain at the fire pit on the stone patio below. A level front yard is fenced for pets and includes a garden area with greenhouse. Whether you’re looking for a vacation rental income, a private weekend escape, or a year-round home base, this is the one.
Listing Agent
Pinnacle Lifestyle Realty LLC Brokerage Email: matt@ncpinnacle.com License #279516 Listed on: 04/19/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,865
Year Built
- Built in 2006
Lot Details
- Fenced Front Yard
- Wood Fence
- Private Lot
- Wooded Lot
- Property is zoned R3
HOA Fees
- $8 Monthly HOA Fees
Home Design
- Cabin
- Log Siding
Interior Spaces
- 1-Story Property
- Open Floorplan
- Wet Bar
- Wired For Data
- Cathedral Ceiling
- Ceiling Fan
- Fireplace
- Insulated Windows
- French Doors
- Screened Porch
- Mountain Views
Kitchen
- Breakfast Bar
- Gas Oven
- Gas Range
- Down Draft Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Split Bedroom Floorplan
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
- Interior and Exterior Basement Entry
- Basement Storage
- Natural lighting in basement
Parking
- Driveway
- 4 Open Parking Spaces
Outdoor Features
- Spa
- Deck
- Patio
- Fire Pit
- Greenhouse
Schools
- Etowah Elementary School
- Rugby Middle School
- West Henderson High School
Utilities
- Wall Furnace
- Heat Pump System
- Baseboard Heating
- Heating System Uses Propane
- Underground Utilities
- Propane
- Septic Tank
- Cable TV Available
Community Details
- Faircrest Log Home Association
- Kevin Quinn Association, Phone Number (757) 510-2211
- Faircrest Subdivision
Listing and Financial Details
- Assessor Parcel Number 9971347
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $2,865 | $524,800 | $42,100 | $482,700 |
2024 | $2,865 | $524,800 | $42,100 | $482,700 |
2023 | $2,865 | $524,800 | $42,100 | $482,700 |
2022 | $2,554 | $377,800 | $42,100 | $335,700 |
2021 | $2,554 | $377,800 | $42,100 | $335,700 |
2020 | $2,554 | $377,800 | $0 | $0 |
2019 | $2,554 | $377,800 | $0 | $0 |
2018 | $2,233 | $333,300 | $0 | $0 |
2017 | $2,233 | $333,300 | $0 | $0 |
2016 | $2,233 | $333,300 | $0 | $0 |
2015 | -- | $333,300 | $0 | $0 |
2014 | -- | $316,900 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/11/2025 07/11/25 | Price Changed | $695,000 | -4.1% | $189 / Sq Ft |
05/11/2025 05/11/25 | Price Changed | $725,000 | -3.3% | $197 / Sq Ft |
04/19/2025 04/19/25 | For Sale | $750,000 | -- | $204 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | -- | -- | |
Deed | -- | -- | |
Deed | $350,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $50,000 | New Conventional | |
Open | $130,725 | New Conventional | |
Closed | $180,000 | New Conventional | |
Closed | $180,000 | New Conventional |
Similar Home in Penrose, NC
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4242109

APN: 9971347
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