Penrose Homes for Sale

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

$1,200,000
3 Beds 2 Baths 4397105 MLS
Perched atop nearly 5 unrestricted acres in the highly sought-after Penrose/Little River area, this one-of-a-kind mountain retreat offers breathtaking 180-degree long-range views stretching across the Blue Ridge Parkway from Mount Pisgah to Hogback Mountain. Framed perfectly from the kitchen window, iconic Looking Glass Rock serves as the centerpiece of the ever-changing mountain panorama, creating a view that feels like a living work of art throughout the seasons. Thoughtfully designed and built by the current owners, this property combines breathtaking natural beauty, privacy, flexibility, and future potential. The 1,680-square-foot home features 3 bedrooms, 2 baths, and a floor plan intentionally positioned to capture the views from the living room, kitchen, office, and primary bedroom. A full masonry fireplace anchors the living room, while a second masonry fireplace highlights the full unfinished basement, offering abundant storage, workshop space, and future expansion possibilities. Meticulously maintained by its original owners, the home reflects years of thoughtful stewardship and ongoing improvements. Recent updates include a new roof, freshly re-stained cedar siding, newer bedroom carpet, hickory hardwood flooring, granite countertops, stainless steel appliances, and numerous other enhancements throughout. The remaining opportunities to personalize the home are primarily cosmetic, allowing the next owner to add their own vision while enjoying a property that has been carefully cared for and improved over time. Outside, years of careful landscaping have created a remarkable setting featuring impressive boulder retaining walls, stone steps, mature plantings, and countless areas to enjoy the mountain scenery. The property consists of two parcels totaling 4.794 acres and includes infrastructure rarely found in a single offering. In addition to the home's well and 3-bedroom septic system, the second parcel includes two established campsites with water, septic, and utility access. Previously operated as a successful vacation rental and later as a 55+ campground, this area offers possibilities for guest accommodations, income potential, a future homesite, or multigenerational living. The property also benefits from two wells, two septic systems, a potential additional homesite, and a former pond site that could potentially be restored. Despite surrounding properties having restrictions, this nearly 5-acre offering is completely unrestricted. Conveniently located just one mile up Jeter Mountain Road on a paved, easy-access mountain road, the property is less than eight miles from both DuPont State Recreational Forest and Pisgah National Forest, placing world-class hiking, waterfalls, mountain biking, and outdoor recreation practically at your doorstep. Rarely does a property combine extraordinary long-range views, unrestricted acreage, multiple homesite possibilities, existing utility infrastructure, and a premier Penrose location in a single offering. This is a unique opportunity to own an irreplaceable piece of Transylvania County.

1025 Jeter Mountain Road, Penrose

$1,110,000
3 Beds 3 Baths 4357410 MLS
Escape to your own private mountain retreat in this stunning custom-built timber frame home overlooking the Little River Valley. Set on 2 acres MOL (additional acreage available), this thoughtfully designed 3-bedroom, 2.5 bath residence offers 3,680 sq ft of living space with breathtaking long-range views of Pisgah National Forest, Looking Glass, and sections of the Blue Ridge Parkway visible from most rooms. The bonus room over garage is heated but not counted in the heated square feet because you walk through the garage to access it. Strategically updated in 2025, the home blends rustic mountain charm with modern efficiency and durability. Comfort is unmatched with radiant in-floor heat throughout all 6,300 sq ft under roof, including both the upper and lower attached garages. Step outside to newly built decks designed for entertaining or quiet relaxation while taking in sweeping mountain views. The property also features a custom waterfall feature at the front entrance, creating a dramatic and welcoming arrival. Built with resiliency, efficiency and longevity in mind, the home includes 10-foot-tall Superior Walls on the lower level, and an impressive steel reinforced lower garage with access to the whole-house generator bunker. Nature lovers will appreciate the abundant blackberries and wild blueberries growing below the home, along with space for gardening near the 480 sq ft detached carport with 240 sq ft of enclosed storage for all of your gardening tools. A new gravel entrance from Jeter Mountain Road provides easy access to this private mountaintop escape. Best of all—NO HOA and additional acreage may be available for purchase, offering even more opportunity to expand your mountain sanctuary. This is a rare opportunity to own a private, resilient, and thoughtfully engineered mountain home with spectacular views. Property is gated with no turn around, no drive bys.

770 Dream Weaver Drive, 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 .