For Sale
Single family home for sale at 202 Morgan Dr, Penrose, NC 28766 | MLS# 4422581 | Listing updated on 2026-10-06
Photo 1 of Single family home for sale at 202 Morgan Dr, Penrose, NC 28766 | MLS# 4422581 | Listing updated on 2026-10-06
Photo 2 of Single family home for sale at 202 Morgan Dr, Penrose, NC 28766 | MLS# 4422581 | Listing updated on 2026-10-06
Photo 3 of Single family home for sale at 202 Morgan Dr, Penrose, NC 28766 | MLS# 4422581 | Listing updated on 2026-10-06
Photo 4 of Single family home for sale at 202 Morgan Dr, Penrose, NC 28766 | MLS# 4422581 | Listing updated on 2026-10-06
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Beds Icon

Street View

$825,000

Monthly Est:$4,106

  • Beds Icon4 Beds
  • Beds Icon
    3 Baths
  • Beds Icon2,885sqft

202 Morgan Dr, Penrose, NC 28766

$4,106/moEst:

Get Pre-Approved

  • Single Family Residence

  • Built in 1994

  • $41.67/mo HOA

  • 5.39 acres lot

  • $286/sq.ft

Description

5.39-Acre Equestrian Mini-Farm in Penrose | Updated Ranch with Barn, Fenced Pasture, Stream, & Mountain Views — 3 miles to DuPont Forest!" Not just for horses but the opportunity for Biking is exceptional.

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 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 sp
ace 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.

  • Houzeo last checked: 5 hours ago
  • Listing updated: October 6, 2026 at 7:44 pm
  • Listing Provided by: Billy Harris (828) 553-9666 | Howard Hanna Beverly-Hanks Brevard South (828) 553-9666
  • Source: Canopy MLS | MLS#: 4422581 Canopy MLS

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Transylvania County

  • City

    Penrose

  • Neighborhood

    --

  • Year Built

    1994

  • HOA Fees

    $41.67/mo

  • Finished Area

    2,885 sqft

  • Lot Size

    5.39 acres lot

  • Basement Area

    - sqft

  • MLS Name

    Canopy MLS

  • MLS Number

    4422581

  • MLS Status

    Active

  • Days on Market

    22

  • Cumulative Days on Market

    20

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Location

HOA Management

N/A

HOA Fees

$500/ Annually

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 4

    Bathrooms: 3

Interior

  • Sewer

    Septic Installed

  • Flooring

    Carpet, Laminate, Tile, Vinyl, Wood

  • Heating

    Heat Pump, Propane

  • Cooling

    Heat Pump

  • Appliances

    Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Filtration System, Microwave, Refrigerator, Washer

Construction

  • Year Built

    Year Built: 1994

  • Home type

    Single Family Residence

  • Roof

    Architectural Shingle

  • Architectural Style

    Ranch

  • Construction Materials

    Vinyl

  • Foundation Details

    Basement

Utilities & Energy

  • Basement

    Interior Entry, Partially Finished, Walk Out Access

  • Parking Features

    Basement, Driveway, Attached Garage

  • Fireplace Features

    Fire Pit, Living Room

  • Laundry Features

    Laundry Room, Lower Level, Main Level

  • Water Source

    Well

  • Utilities

    Propane

Other Features

  • Lot Features

    Creek Front, Flood Plain/bottom Land, Pasture, Creek/stream, Views

  • Subdivision Name

    Little River Ranch

Price History

DateEventPrice

09/16/2026

Source: mls_logoCanopy MLS #CAR4422581

Listed for Sale

$825,000 +18.03%

$286/sqft

09/01/2022

Source: mls_logoCanopy MLS #CAR3880873

Price Increased

$699,000 +2.04%

$242/sqft

09/01/2022

Source: mls_logoCanopy MLS #CAR3880873

Price Increased

$685,000 +242.50%

$237/sqft

04/10/2012

Source: mls_logoCanopy MLS #CAR71346

Sold

$200,000

$69/sqft

Nearby Homes

Based on information submitted to the MLS GRID from Canopy MLS through Oct 08, 2026, 11:00AM. All data is obtained from various sources and may not have been verified by the 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. IDX information is provided exclusively for consumers’ personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties which the consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. ©2026 Canopy MLS. All Rights Reserved.

Advertising Broker: Nicholas Huscroft | Chosen Realty