650 Faircrest Lane, Penrose NC

  • 3 Bed
  • 3 Bath
  • 2029 ft2
  • 1.3 ac

For Sale $695,000

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Remarks:

Tucked between Pisgah and DuPont forests, this genuine log cabin is your gateway to Western NC’s iconic waterfalls, mountain biking, and hiking trails. Faircrest is a friendly, cabin-only neighborhood minutes from Brevard and Etowah. Massive rock outcroppings double as a personal overlook, with long-range mountain views. Warm Hevea hardwoods lead to a cathedral-ceiling great room anchored by a stone fireplace, perfect for fires on cool evenings. Finished basement features a wet bar with cherry and granite countertops, plus flexible rooms for craft space, home theater, home office, or bunk room, with ample storage. The screened porch and deck invite you to relax in the hot tub or entertain at the fire pit on the stone patio below. A level front yard is fenced for pets and includes a garden area with greenhouse. Whether you’re looking for a vacation rental income, a private weekend escape, or a year-round home base, this is the one.

Exterior Features:

Fire Pit, Hot Tub

Interior Features:

Breakfast Bar, Kitchen Island, Open Floorplan, Split Bedroom, Storage, Wet Bar

General Information:

List Price: $695,000
Status: For Sale
Bedrooms: 3
Type: Single Family Residence
Approx Sq. Ft.: 2029 sqft
Parking: Driveway
MLS Number: CAR4242109
Subdivision: Faircrest
Style: Cabin
Bathrooms: 3
Lot Description: Private, Wooded, Views
Year Built: 2006
Sewer Type: Septic Installed

Assigned Schools:

Elementary: Etowah
Middle: Rugby
High: West Henderson

Price & Sales History

Date Event Price $/SQFT
08-05-2025 Price Decrease $695,000-4.14% $343
07-04-2025 Listed $725,000 $358

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Etowah Elementary 3 miles KG-05 9
Brevard Academy: A Challenge Foundation Academy 4 miles KG-06 9
Pisgah Forest Elementary 5 miles KG-05 8
Atkinson Elementary 7 miles KG-05 9
Mills River Elementary 8 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.

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
650 Faircrest Lane, Penrose NC 0 mi $695,000 days
46 Old Chestnut Lane, Hendersonville NC 0.3 mi $465,000 days
104 Ridge View Road, Penrose NC 0.6 mi $225,000 days
168 Erwin Hill Drive, Etowah NC 0.6 mi $319,900 days
124 Erwin Hill Drive, Etowah NC 0.7 mi $319,900 days
70 Erwin Hill Drive, Etowah NC 0.7 mi $364,900 days
1 to 6 of 10 Result

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

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  • Down Payment Amount $990,000
    Mortgage Amount $3,960,000
    Monthly Payment (Principal & Interest Only) $19,480

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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.

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    Comments Section

    Property Listing Information

    A Courtesy Listing Provided By Pinnacle Lifestyle Realty LLC

    650 Faircrest Lane, Penrose NC is a 2029 ft2 on a 1.320 acres lot. This is for $695,000. This has 3 bedrooms, 3 baths, and was built in 2006.

    Based on information submitted to the MLS GRID as of 2025-07-04 09:50:17 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. Click here for more information

    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.