$825,000
 $4,304 est/mo Sourced by Back At You

202 Morgan Drive,Penrose, NC 28766

Penrose, NC 28766

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Description

5.39-Acre Equestrian Mini-Farm in Penrose | Updated Ranch with Barn, Fenced Pasture, Stream, & Mountain Views - 3 miles to DuPont Forest!" Not just for horses but the opportunity for Biking is exceptional. The main house gives you four bedrooms and three full baths, with the primary suite tucked on the main level and its own door out to a covered porch built for watching the sun come up over the ridgeline. Double vanities and a steam shower in the primary bath. Skylights in the living room. The kitchen has been remodeled and opens to a breakfast nook with plenty of room to spread out for Sunday dinner, and the main level laundry room comes with a sink and more cabinet space than most people know what to do with. Downstairs, the partially finished basement adds a fourth bedroom, full bath, family room, and a bonus space that works as an office or a rec room, your call. Upper and lower garages are both heated and cooled, and the lower level has a workshop for anyone who likes to tinker.Outside is where this property really earns the horse property name. Fenced pastures, a barn with power and water, a fenced vegetable garden, and a fire pit for evenings under the stars. Seven miles to Pisgah National Forest. Three miles to DuPont. This is the kind of setup people search for years to find.

Details

MLS #4422581
Listing TypeFor Sale
StyleHouse
HOA Dues$500
Sub-TypeResale
StatusActive
Year1994
Days On Site26
Listing Provided ByHoward Hanna Beverly-Hanks Brevard South | Billy Harris

Features

Bed(s)4
Bath(s) 3 Total
SQ Feet2,885
Garage2
BasementY
Story(s)1
Acreage5.39
Water FrontYes
Property ViewMountain(s), Year Round

Interior

CoolingHeat Pump
HeatingHeat Pump, Propane
AppliancesDishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Filtration System, Microwave, Refrigerator, Washer

Exterior

RoofArchitectural Shingle
Construction MaterialsVinyl
Foundation DetailsBasement
Lot FeaturesCreek Front, Flood Plain/Bottom Land, Pasture, Creek/Stream, Views

Parking

Garage Yes / NoYes
Parking FeaturesBasement, Driveway, Attached Garage

Utilities

UtilitiesPropane

Taxes

Property607750

Area Information

StateNC
CountyTransylvania
CityPenrose
Zip Code28766
AreaTransylvania
Community NameLittle River Ranch
School DistrictBrevard
Elementary SchoolPisgah Forest
High SchoolBrevard
Listing VS Median (in Little River Ranch)
Price:
$825,000
low | high
Med:
$825,000
50% of Average
sqft:
2,885
low | high
Med:
2,885
50% of Average
$ / sqft:
$286
low | high
Med:
$286
50% of Average
On site:
26
low | high
Med:
26
100% of Average
Sourced by Back At You

Market Activity 28766

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 Listings courtesy of Canopy MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of October 12, 2026 at 11:36:56 AM PDT 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.

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Learn More About This Property

StateNC
CountyTransylvania
CityPenrose
Zip Code28766
AreaTransylvania
Community NameLittle River Ranch
School DistrictBrevard
Elementary SchoolPisgah Forest
High SchoolBrevard
Listing VS Median (in Little River Ranch)
Price:
$825,000
low | high
Med:
$825,000
50% of Average
sqft:
2,885
low | high
Med:
2,885
50% of Average
$ / sqft:
$286
low | high
Med:
$286
50% of Average
On site:
26
low | high
Med:
26
100% of Average
Sourced by Back At You
Listing Updated: October 6, 2026 at 2:56:15 PM PDT