28 Morgan Drive, Penrose NC
- 3 Bed
- 3 Bath
- 2450 ft2
- 2.3 ac
For Sale $672,000
Remarks:
Nestled in the Blue Ridge Mountains, this private 2.3-acre lot offers long-range views of the Blue Ridge Parkway and an unmatched setting beside DuPont State Recreational Forest, known for its waterfalls, hiking, biking, and riding trails. The property sits in a laid-back mountain community with well-maintained access roads, providing a peaceful retreat without sacrificing convenience. Located in the scenic valley between Brevard and Hendersonville, the homesite is positioned close to local shops, dining, and cultural amenities while still offering a true mountain escape. For those looking to maximize the views, the ideal building spot lies near the top easterly corner of the parcel, where the landscape naturally opens toward the ridgeline. The gentle terrain, mature hardwoods, and native foliage create an inviting environment for a custom mountain retreat, second home, or investment property. This is a rare opportunity to own acreage in one of Western North Carolina’s most desirable regions, where privacy, views, and recreation come together in one exceptional property.
General Information:
| List Price: | $672,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 2450 sqft |
| Parking: | Attached Garage |
| MLS Number: | CAR4297668 |
| Subdivision: | Little River Ranch |
| Bathrooms: | 3 |
| Year Built: | 2025 |
| Sewer Type: | Septic Needed |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 10-15-2025 | Under Contract | $672,000 | $275 |
| 09-15-2025 | Listed | $672,000 | $275 |
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 |
| 28 Morgan Drive, Penrose NC | 0 mi | $672,000 | days | |
| 30 Hubbard Circle, Penrose NC | 0.1 mi | $595,000 | days | |
| 167 Whitener Road, Penrose NC | 0.4 mi | $444,900 | days | |
| 350 Island Cove Road, Penrose NC | 0.4 mi | $295,000 | days | |
| 920 Island Cove Road, Penrose NC | 0.8 mi | $1,350,000 | days | |
| 9 Cimmaron Drive, Pisgah Forest NC | 1 mi | $725,000 | 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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| H.O.A. / Maintenance |
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28766
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Transportation to Work |
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 EXP Realty LLC
28 Morgan Drive, Penrose NC is a 2450 ft2 on a 2.300 acres Appraisal lot. This is for $672,000. This has 3 bedrooms, 3 baths, and was built in 2025.
Based on information submitted to the MLS GRID as of 2025-09-15 11:00:11 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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