NOT LISTED FOR SALE

650 Faircrest Ln Penrose, NC 28766

Etowah Area

Estimated Value: $652,000 - $719,000

3 Beds
3 Baths
3,674 Sq Ft
$186/Sq Ft Est. Value

Sale Details

Date Sold: November 25, 2025

Last sale price $657,500 $179 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,003 / mo

180 Days on Market

Highlights

  • Greenhouse
  • Spa
  • Mountain View
  • Etowah Elementary School Rated A-
  • Open Floorplan
  • Deck

About This Home

As of November 2025

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.

Last Agent to Sell the Property

Matt Jones

Pinnacle Lifestyle Realty LLC Brokerage Email: matt@ncpinnacle.com License #279516 Listed on: 04/19/2025

Last Buyer's Agent

Heather Scott

H Scott & Associates License #249224

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

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
  • Architectural Shingle Roof
  • Log Siding

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Data
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • French Doors
  • Insulated Doors
  • Screened Porch
  • Storage
  • 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
  • Laundry on main level
  • Washer and Dryer

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

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

1.32 Acres

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 2006
  • Road Surface Type: Gravel
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 178.96
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: matt@ncpinnacle.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Kitchen Island, Open Floorplan, Split Bedroom, Storage, Wet Bar
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2029
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 384
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 384
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Down Draft, Dryer, Gas Oven, Gas Range, Microwave, Oven, Refrigerator, Refrigerator with Ice Maker, Washer, Washer/Dryer
  • Above Grade Finished Sq Ft: 2029
  • Has Basement: Daylight, Exterior Entry, Full, Interior Entry, Storage Space, Walk-Out Access, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1645
  • Door Features: French Doors, Insulated Door(s)
  • Fireplace Features: Gas
  • Living Area: 3674
  • Window Features: Insulated Window(s)
  • Bedroom Main: 3
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Fire Pit, Hot Tub
  • New Construction: No
  • Roof: Architectural Shingle
  • Construction Type: Site Built
  • Fencing: Front Yard, Wood
  • View: Long Range, Mountain(s), Winter
  • Waterfront Features: None
  • Construction Type: Cedar Shake, Log
  • Other Structures: Greenhouse
  • Patio And Porch Features: Deck, Front Porch, Patio, Rear Porch, Screened

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Baseboard, Heat Pump, Propane, Wall Furnace
  • Sewer: Septic Installed
  • Laundry Features: Main Level
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Cable Available, Propane, Underground Utilities, Wired Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Association: Kevin Quinn
  • Association Name: Faircrest Log Home Association
  • Association Phone #2: 757-510-2211
  • Association: Yes

Association/Amenities

  • Association Annual Expense: 100.00
  • Association Email 2: quinn23456@yahoo.com

Schools

  • Middle Or Junior School: Rugby
  • HOA Subject To: Required

Lot Info

  • Lot Features: Private, Wooded, Views
  • Lot Size Units: Acres
  • Parcel Number: 9971347
  • Additional Parcels: No
  • Zoning Specification: R3

MLS Schools

  • Elementary School: Etowah
  • High School: West Henderson

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2025
Closed on
Nov 18, 2025
Sold by
Bought by
Seller's Agent
Matt Jones
Pinnacle Lifestyle Realty LLC
Buyer's Agent
Heather Scott
H Scott & Associates
List Price
$750,000
Sold Price
$657,500
Premium/Discount to List
-$92,500
-12.33%
Views
98
Current Estimated Value
$683,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,885
Avg. Annual Appreciation
5.76%
Original Mortgage
$250,000
Outstanding Balance
$243,651
Interest Rate
5.53%
Mortgage Type
New Conventional
Estimated Equity
$439,735

Purchase Details

Closed on
Jan 12, 2010
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2006
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Penrose, NC

  • Caroline Easley Real Estate Agent - Premier Sotheby’s International Realty

    Caroline Easley

    Responds Quickly

    Premier Sotheby’s International Realty

    (828) 672-3837

    103 Total Sales

    6 in Etowah

    $13K - $300K Price Range

    Caroline Easley
     Section Image
  • John Robinson Real Estate Agent - MATHERS REALTY.COM

    John Robinson

    MATHERS REALTY.COM

    (980) 430-4233

    57 Total Sales

    1 in Etowah

    $900,000 Price

    John Robinson
     Section Image
  • Renee Richardson Real Estate Agent - Keller Williams Elite Realty

    Renee Richardson

    Responds Quickly

    Keller Williams Elite Realty

    (828) 528-7996

    10 Total Sales

    1 in Etowah

    $178,500 Price

    Renee Richardson
     Section Image
  • Rebecca Lafunor Real Estate Agent - Real Broker, LLC

    Rebecca Lafunor

    Real Broker, LLC

    (828) 672-3911

    78 Total Sales

    1 in Etowah

    $670,000 Price

    Rebecca Lafunor
     Section Image
  • Amanda Jennings Gravley Real Estate Agent - Fisher Realty Sapphire/Toxaway

    Amanda Jennings Gravley

    Fisher Realty Sapphire/Toxaway

    (828) 482-1685

    95 Total Sales

    8 in Etowah

    $399K - $593K Price Range

    Amanda Jennings Gravley
     Section Image
  • Laura Flores Real Estate Agent - NextHome WNC Realty

    Laura Flores

    NextHome WNC Realty

    (828) 675-7728

    71 Total Sales

    2 in Etowah

    $255K - $606K Price Range

    Laura Flores
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$657,500 None Listed On Document
-- --
$350,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $250,000
Previous Owner $50,000
Previous Owner $130,725
Previous Owner $180,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/25/2025 11/25/25 Sold $657,500 -5.4% $179 / Sq Ft
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
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,865 $537,200 $42,100 $495,100
2025 $2,865 $524,800 $42,100 $482,700
2024 $29 $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
Source: Public Records

Agents Affiliated with this Home

  • Matt Jones Real Estate Agent - Pinnacle Lifestyle Realty LLC

    Seller's Agent in 2025

    Matt Jones

    Pinnacle Lifestyle Realty LLC

    (828) 508-9589

    48 Total Sales

    Matt Jones
    Section Image
  • Heather Scott Real Estate Agent - H Scott & Associates

    Buyer's Agent in 2025

    Heather Scott

    H Scott & Associates

    (828) 273-1757

    104 Total Sales

    Heather Scott
    Section Image
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Map

Source: Canopy MLS

MLS Number: 4242109

Canopy MLS

APN: 9971347

North Carolina Henderson County Penrose 28739

650 Faircrest Ln, Penrose, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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