For Sale $1,200,000
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, creating a view that feels like a living work of art throughout the seasons. Thoughtfully designed and built by the current owners, this property combines breathtaking natural beauty, privacy, flexibility, and future potential. The 1,680-square-foot home features 3 bedrooms, 2 baths, and a floor plan intentionally positioned to capture the views from the living room, kitchen, office, and primary bedroom. A full masonry fireplace anchors the living room, while a second masonry fireplace highlights the full unfinished basement, offering abundant storage, workshop space, and future expansion possibilities. Meticulously maintained by its original owners, the home reflects years of thoughtful stewardship and ongoing improvements. Recent updates include a new roof, freshly re-stained cedar siding, newer bedroom carpet, hickory hardwood flooring, granite countertops, stainless steel appliances, and numerous other enhancements throughout. The remaining opportunities to personalize the home are primarily cosmetic, allowing the next owner to add their own vision while enjoying a property that has been carefully cared for and improved over time. Outside, years of careful landscaping have created a remarkable setting featuring impressive boulder retaining walls, stone steps, mature plantings, and countless areas to enjoy the mountain scenery. The property consists of two parcels totaling 4.794 acres and includes infrastructure rarely found in a single offering. In addition to the home's well and 3-bedroom septic system, the second parcel includes two established campsites with water, septic, and utility access. Previously operated as a successful vacation rental and later as a 55+ campground, this area offers possibilities for guest accommodations, income potential, a future homesite, or multigenerational living. The property also benefits from two wells, two septic systems, a potential additional homesite, and a former pond site that could potentially be restored. Despite surrounding properties having restrictions, this nearly 5-acre offering is completely unrestricted. Conveniently located just one mile up Jeter Mountain Road on a paved, easy-access mountain road, the property is less than eight miles from both DuPont State Recreational Forest and Pisgah National Forest, placing world-class hiking, waterfalls, mountain biking, and outdoor recreation practically at your doorstep. Rarely does a property combine extraordinary long-range views, unrestricted acreage, multiple homesite possibilities, existing utility infrastructure, and a premier Penrose location in a single offering. This is a unique opportunity to own an irreplaceable piece of Transylvania County.
Attic Other, Pantry, Walk-In Closet(s)
| List Price: | $1,200,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1680 sqft |
| Parking: | Driveway, RV Access/Parking |
| MLS Number: | CAR4397105 |
| Subdivision: | None |
| Style: | Ranch |
| Bathrooms: | 2 |
| Lot Description: | Level, Private, Sloped, Creek/Stream, Views, Wooded |
| Year Built: | 1999 |
| Sewer Type: | Septic Installed |
| Elementary: | Pisgah Forest |
| Middle: | Brevard |
| High: | Brevard |
| Date | Event | Price | $/SQFT |
| 07-05-2026 | Listed | $1,200,000 | $715 |
| 01-08-2026 | Price Decrease | $329,900-5.72% | $197 |
| 11-02-2025 | Price Decrease | $349,900-6.67% | $209 |
| 10-19-2025 | Price Decrease | $374,900-2.60% | $224 |
| 09-04-2025 | Listed | $384,900 | $230 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Brevard Academy: A Challenge Foundation Academy | 4 miles | KG-06 | 9 |
| Etowah Elementary | 4 miles | KG-05 | 9 |
| Pisgah Forest Elementary | 5 miles | KG-05 | 8 |
| Atkinson Elementary | 7 miles | KG-05 | 9 |
| Mills River Elementary | 9 miles | KG-05 | 9 |
| Hendersonville Elementary | 9 miles | KG-05 | 9 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 1025 Jeter Mountain Road, Penrose NC | 0 mi | $1,200,000 | days | |
| 76 Gobblers Knob Road, Penrose NC | 0.2 mi | $254,900 | days | |
| 336 Hillside Road, Penrose NC | 0.6 mi | $439,000 | days | |
| 770 Dream Weaver Drive, Penrose NC | 0.8 mi | $1,110,000 | days | |
| 50 Dogwood Circle, Penrose NC | 0.8 mi | $385,000 | days | |
| 192 Lady Bug Lane, Penrose NC | 0.9 mi | $254,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Homestead Realty
1025 Jeter Mountain Road, Penrose NC is a 1680 ft2 on a 4.794 acres lot. This is for $1,200,000. This has 3 bedrooms, 2 baths, and was built in 1999.
Based on information submitted to the MLS GRID as of 2026-07-05 11:05:07 EST. 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.
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