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Morgan Drive, Penrose
$399,000
4417462 MLS
Experience the pinnacle of Western North Carolina mountain living at Spirit of the Mountains, an exceptional high-elevation property offering breathtaking long-range views in both eastern and western directions. From this special mountaintop setting, enjoy expansive vistas stretching across Pisgah National Forest to the north and DuPont State Recreational Forest to the south. The homesite has already been cleared and graded, providing a beautiful, flat homesite that is ready for your future mountain retreat. Paved roads provide convenient access, while short-term rentals are allowed, offering added flexibility for those looking to create a private getaway, vacation rental, or investment property. Enjoy easy access to the charming mountain towns of Brevard, Flat Rock, and Hendersonville, while being surrounded by some of Western North Carolina’s most treasured outdoor destinations. With DuPont State Recreational Forest and Pisgah National Forest nearby, endless opportunities for hiking, mountain biking, waterfalls, scenic drives, and outdoor exploration are right outside your door. Build your dream home in a setting where elevation, east- and west-facing views, a level homesite, paved roads, and short-term rental flexibility come together. This is a rare opportunity to create your own mountain sanctuary at Spirit of the Mountains!

Morgan Drive, Penrose
192 Lady Bug Lane, Penrose
$249,900
2 Beds ⋅ 2 Baths ⋅ 4404991 MLS
MOTIVATED SELLER! Enjoy the best of both counties from this beautifully maintained 2-bedroom, 2-bath home, ideally positioned near the Henderson County line—offering convenient access to Hendersonville without the higher Henderson County property taxes. Tucked among the peaceful rolling hills of Penrose, the home rests on a gently sloping, beautifully landscaped 0.49-acre lot that provides mountain tranquility without difficult terrain or demanding upkeep. Built on a permanent foundation, the home also features an installed crawl-space moisture barrier for added protection and peace of mind. Inside, abundant natural light, an inviting open layout, and a cozy propane fireplace create a warm, comfortable setting for everyday living and entertaining. The primary suite offers a relaxing garden tub, while the mature landscaping provides a peaceful outdoor space to enjoy throughout the seasons. Whether you are searching for a low-maintenance primary residence, peaceful mountain getaway, or investment opportunity, this move-in-ready Penrose gem offers an appealing combination of comfort, convenience, location, and value. This convenient Transylvania County location places you approximately 15 minutes from downtown Brevard’s shops, restaurants, and breweries, while Hendersonville and Asheville Regional Airport are just a short drive away. With convenient access to both Brevard and Hendersonville—and located minutes from the waterfalls, trails, and outdoor recreation of DuPont State Recreational Forest and Pisgah National Forest—this home could also make an excellent Airbnb or mountain vacation rental. Schedule your showing today—the seller is motivated and ready to make a deal!

192 Lady Bug Lane, Penrose
99999 Laura Brooke Drive, Penrose
$172,500
4380827 MLS
Nearly 5 secluded acres in Penrose offering the perfect setting for your private mountain retreat. Featuring a mix of level and sloped terrain for added privacy and flexibility, this unzoned property offers a variety of potential build and subdivision opportunities. Ideal for a primary residence, vacation getaway, or short-term rental investment!

99999 Laura Brooke Drive, Penrose
2201 Bulling Creek Road, Penrose
$744,000
3 Beds ⋅ 3 Baths ⋅ 4355560 MLS
2201 Bulling Creek Road is one of those rare mountain properties that does not come on the market often. Bulling Creek Road sits almost directly across from the entrance to DuPont State Forest, offering incredible access to outdoor recreation. Head about 15 minutes west on Crab Creek Road and you will arrive at the entrance to Pisgah National Forest in Brevard, or travel about 15 minutes east and you will be in Hendersonville. This property sits near the top of Jeter Mountain at an impressive 2,990 feet in elevation. At this elevation, the primary home enjoys long-range southern mountain views looking directly toward DuPont. Only minimal tree clearing has been done, leaving incredible view potential. With a little additional clearing, those views could open up to nearly 180 degrees of unobstructed mountain scenery. The home sits on 10.5 unrestricted acres with R3 zoning, which would allow a buyer to potentially build up to six additional homes. Six homes might be ambitious given the topography, but adding three to four additional homesites is certainly possible. Several of these potential homesites may also offer beautiful mountain views and relatively easy building sites. The existing home was built in 2023 and has been lived in very little, serving primarily as a personal mountain retreat and a vacation rental. Utilities include underground power, Starlink internet, a private well, and septic. An additional 7-acre parcel bordering this property on the south is also available for purchase (MLS #4330697), offering the opportunity to expand the total acreage to approximately 17.5 acres. So why is this amazing property coming on the market? The seller lives too far away to visit as often as they would like, and they are entering a new phase of life that makes it more difficult for their family to enjoy the property regularly. Call today to schedule your private showing and experience this incredible mountain property for yourself.

2201 Bulling Creek Road, Penrose
650 Faircrest Lane, Penrose
$657,500
3 Beds ⋅ 3 Baths ⋅ 4242109 MLS
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.

650 Faircrest Lane, Penrose

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