Penrose Homes for Sale

Welcome to Penrose, North Carolina—a hidden gem nestled in the heart of Transylvania County. Known for its breathtaking natural beauty and vibrant community spirit, Penrose offers a unique blend of rural charm and modern convenience. Surrounded by the majestic Blue Ridge Mountains, residents enjoy a plethora of outdoor activities, from hiking and fishing to exploring the stunning waterfalls that dot the landscape. With its close proximity to the Pisgah National Forest, adventure awaits just a stone's throw from your doorstep.

Penrose boasts a friendly, tight-knit community where neighbors become friends and local events bring everyone together. The area is rich in history and culture, making it an ideal place for those who appreciate a slower pace of life without sacrificing access to essential amenities. The nearby town of Brevard, known for its vibrant arts scene and eclectic dining options, is just a short drive away, offering even more opportunities for entertainment and exploration.

For those looking to make Penrose their home, there are a variety of charming homes for sale that cater to diverse tastes and budgets. Whether you’re seeking a cozy cottage surrounded by nature or a spacious family home with modern finishes, Penrose has something for everyone. With its stunning landscapes, welcoming community, and an array of real estate options, Penrose is not just a place to live—it's a place to thrive. Discover the beauty and serenity of Penrose, NC, and find your dream home in this enchanting corner of the world today!

Newest Penrose Homes for Sale

$520,000

3 Beds ⋅ 3 Baths ⋅ 4416645 MLS

A peaceful mountain retreat nestled among the trees, offering privacy, comfort, and easy living in the heart of Western North Carolina. This well-maintained home, just 14 years old, offers the appeal of a newer home with thoughtful updates and features designed for everyday enjoyment. The main level offers a desirable primary suite with a spacious bath featuring both a walk-in shower and soaking tub, along with his-and-her closets. The inviting kitchen flows into the living area, where a wood-burning fireplace creates a cozy gathering space. A convenient laundry room and half bath complete the main level. Upstairs, a flexible den/office provides space for work, hobbies, or relaxation, while two additional bedrooms and a full bath offer comfortable accommodations. Abundant closets and generous storage tucked into the upstairs eaves provide plenty of room for belongings. Recent improvements include luxury vinyl flooring added in 2024 and a new refrigerator, range, and dishwasher in 2024. The spacious deck has been recently restained and offers a wonderful place to relax, entertain, or simply enjoy the wooded surroundings and lovely views. A fenced portion of the yard provides designated outdoor space for pets. The home also features Trane heating and air systems, a radon mitigation system, spacious two-car garage, and Hardy board siding for a durable, low-maintenance exterior. The septic system was pumped in 2025. The flat driveway can accomodate several cars for ample parking outside of the two car garage. Surrounded by trees and natural beauty, this private setting offers a welcome sense of escape without sacrificing the comforts of a well-appointed home. With its combination of mountain ambiance, functional living spaces, thoughtful updates, and low-maintenance features, this is a special opportunity to enjoy the Western North Carolina lifestyle.

265 Raven Top Drive, Penrose

$825,000

4 Beds ⋅ 3 Baths ⋅ 4422581 MLS

5.39 sloped-to-level acres, a barn ready to go, and mountain views from your morning coffee. 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.

202 Morgan Drive, Penrose

$249,900

3 Beds ⋅ 2 Baths ⋅ 4418956 MLS

Must See! East Facing 3BR/1.5 BA one story ranch style home with finished basement. Built in 1970 this home offers an attached single carport, screened in porch, surprising summer privacy and metal roof. Inside- the main level consists of 3 bedrooms, a full bathroom, living room, and storage closet. As you descend downstairs you enter a family room, full kitchen with breakfast bar, half bathroom, utility room with shelving, laundry room with access to lower covered porch and storage room under screen porch. Shared well. Located between Brevard and Hendersonville this home is just minutes to the DuPont State Forest and the Pisgah National Forest. Enjoy hiking, biking, waterfalls, and fishing close to home. Enjoy Mills River breweries, shopping and Asheville Regional Airport all within 30 minutes.

62 Kinard Lane, Penrose

$599,000

3 Beds ⋅ 2 Baths ⋅ 4407814 MLS

Large price drop because the sellers are very motivated to move this property. Come see it- it's the entire puzzle of the property that warrants your attention the home being one piece of the puzzle. Perfectly situated on an acre of land equidistant to Pisgah and Dupont Forest, Brevard and Hendersonville is the ideal home for your next chapter of living in nature, in a low maintenance, brand new home so you've time to play and dream. Cliff road is charming, the modern farm house is romantic. The home includes built in space to hang your coat and boots after a walk up through the woods, and plenty of space in the garage for your boats, tools, and bikes. On your land plant a garden add a hammock and enjoy the small crick that runs on the back of your property.

146 Cliff Road, 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

$599,000

3 Beds ⋅ 4 Baths ⋅ 4391944 MLS

If you are looking lots of room, flexible floor plan and privacy, you need to see this home! Tons of sq. footage for the money with several different areas that could be used as living areas, arts and crafts studios, workshop and on and on. Situated on just over an acre of luxurious private lot with spacious outdoor living spaces, this private home still offers a very convenient location. 15 minutes to Brevard, 25 minutes to Hendersonville, 15 minutes to Pisgah National Forest and only 8 minutes to all the recreation that DuPont State Forest provides. The main living level contains the primary suite, den, office, kitchen, laundry and garage. Easy to achieve one level living in this home if that's your goal. The bedrooms are very spacious as are the three flex spaces. This home offers a lot of options and opportunities to let your family grow or your guests have their own private spaces. All of this for just over $140 a sq ft!! If this sounds like a good fit, book a tour to see this home today!

94 Paradise Cove Road, Penrose

$435,000

3 Beds ⋅ 2 Baths ⋅ 4397828 MLS

Come for the view and imagine the possibilities. Tucked at the end of a private paved road, this mountain property offers five parcels totaling approximately 2.84 acres, exceptional privacy, and sweeping long-range mountain and valley views. The existing home was designed to take advantage of the setting, with a wall of windows in the sunroom, an open main living area, vaulted ceilings, fireplace, loft, and views that stretch across the surrounding mountains and countryside. The basement provides additional heated space, laundry, workshop and storage areas. The home is being sold as-is and is in need of significant repairs and updating, making this an opportunity for a buyer ready to renovate and create something special. Existing well and septic are already in place, adding valuable infrastructure to the property. Whether you envision restoring the existing home as a private mountain retreat, full-time residence, or investment, the setting, acreage and views are increasingly hard to replicate.

376 Stoney Brook Road, Penrose

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .