For Sale $460,000
Seller Offers 5K towards upgrades or closing costs! Welcome to this well-kept corner double-lot property located in the desirable East Lincoln school district! Nestled in a quiet neighborhood conveniently situated between Lincolnton and Denver, this home offers the perfect blend of privacy and accessibility — and best of all, no HOA! Built in 2015, this 2,200 sq. ft. residence features an inviting layout with a spacious primary suite and an additional large room with a sitting area — ideal as a mother-in-law suite, guest retreat, or private office space. The home also includes an attached two-car garage and expansive outdoor space for relaxing or entertaining. The vacant cul-de-sac lot next door is included, giving you endless possibilities — build an outbuilding, add a pool, or even construct another dwelling (per county approval). Enjoy the peaceful surroundings while being just minutes from shopping, dining, and major highways. This property truly offers space, flexibility, and value — all in a fantastic location!
| List Price: | $460,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 2132 sqft |
| Parking: | Attached Garage |
| MLS Number: | CAR4312822 |
| Subdivision: | Donaphan Hills |
| Bathrooms: | 3 |
| Lot Description: | Corner Lot |
| Year Built: | 2015 |
| Sewer Type: | Septic Installed |
| Elementary: | Iron Station |
| Middle: | East Lincoln |
| High: | East Lincoln |
| Date | Event | Price | $/SQFT |
| 10-31-2025 | Price Decrease | $460,000-3.16% | $216 |
| 06-27-2025 | Price Decrease | $475,000-2.06% | $223 |
| 05-07-2025 | Listed | $485,000 | $228 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Iron Station Elementary | 3 miles | PK-05 | 6 |
| St James Elementary | 6 miles | PK-05 | 9 |
| Lincoln Charter School | 7 miles | KG-06 | 10 |
| Rock Springs Elementary | 7 miles | PK-05 | 9 |
| Mountain Island Charter School | 9 miles | KG-06 | 8 |
| Love Memorial Elementary | 10 miles | PK-05 | 5 |
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 |
| 5039 Penn Road, Iron Station NC | 0 mi | $460,000 | days | |
| 5038 Arden Gate Drive, Iron Station NC | 0.1 mi | $360,000 | days | |
| 1485 Adkin Drive, Iron Station NC | 0.2 mi | $550,000 | days | |
| 1615 Oak Park Court, Iron Station NC | 0.3 mi | $520,000 | days | |
| 888 Brevard Place Road, Iron Station NC | 0.4 mi | $450,000 | days | |
| 824 Brevard Place Road, Iron Station NC | 0.4 mi | $360,000 | 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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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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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.
A Courtesy Listing Provided By Century 21 Town & Country Rlty
5039 Penn Road, Iron Station NC is a 2132 ft2 on a 0.850 acres lot. This is for $460,000. This has 3 bedrooms, 3 baths, and was built in 2015.
Based on information submitted to the MLS GRID as of 2025-05-07 09:35:28 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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