202 Morgan Drive, Penrose NC
- 4 Bed
- 3 Bath
- 1965 ft2
- 5.4 ac
For Sale $825,000
Remarks:
5.39 sloped-to-level acres, a barn ready to go, and mountain views from your morning coffee. 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 and a wood burning stove 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.
General Information:
| List Price: | $825,000 |
| Status: | For Sale |
| Bedrooms: | 4 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1965 sqft |
| Parking: | Basement, Driveway, Attached Garage |
| MLS Number: | CAR4422581 |
| Subdivision: | Little River Ranch |
| Style: | Ranch |
| Bathrooms: | 3 |
| Lot Description: | Creek Front, Flood Plain/Bottom Land, Pasture, Creek/Stream, Views |
| Year Built: | 1994 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Pisgah Forest |
| Middle: | Brevard |
| High: | Brevard |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 09-16-2026 | Listed | $825,000 | $420 |
| 01-16-2026 | Price Decrease | $272,000-2.86% | $139 |
| 12-05-2025 | Listed | $280,000 | $143 |
Nearby Schools
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 |
| Pisgah Forest Elementary | 5 miles | KG-05 | 8 |
| Etowah Elementary | 6 miles | KG-05 | 9 |
| Atkinson Elementary | 8 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.
Properties For Sale Nearby
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 |
| 202 Morgan Drive, Penrose NC | 0 mi | $825,000 | days | |
| 332 Island Cove Road, Penrose NC | 0.4 mi | $365,000 | days | |
| 637 Cascade Lake Road, Pisgah Forest NC | 0.7 mi | $525,000 | days | |
| 94 Paradise Cove Road, Penrose NC | 0.7 mi | $599,000 | days | |
| 19 Helping Hands Way, Pisgah Forest NC | 0.9 mi | $1,569,000 | days | |
| 3869 Crab Creek Road, Penrose NC | 1 mi | $450,000 | days |
Sold Properties Nearby
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 |
Commute Distance & Time
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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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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28766
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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.
Property Listing Information
A Courtesy Listing Provided By Howard Hanna Beverly-Hanks Brevard South
202 Morgan Drive, Penrose NC is a 1965 ft2 on a 5.390 acres lot. This is for $825,000. This has 4 bedrooms, 3 baths, and was built in 1994.
Based on information submitted to the MLS GRID as of 2026-09-16 20:20:03 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.
Properties displayed may be listed or sold by various participants in the MLS.
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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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