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Street View
$825,000
Monthly Est:$4,106
4 Beds
- 3 Baths
3 full baths
2,885sqft
202 Morgan Dr, Penrose, NC 28766
$825,000
$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 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.
- 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

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
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
| Date | Event | Price |
|---|---|---|
09/16/2026 Source: | Listed for Sale | $825,000 +18.03% $286/sqft |
09/01/2022 Source: | Price Increased | $699,000 +2.04% $242/sqft |
09/01/2022 Source: | Price Increased | $685,000 +242.50% $237/sqft |
04/10/2012 Source: | Sold | $200,000 $69/sqft |
Nearby Homes
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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.
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