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202 Morgan DrivePenrose, NC 28766

Little River Ranch · Transylvania County

$825,000List price
4Beds
3Baths
1994Year built
2Garage
2 days agoOn market

Description

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 and a wood burning stove 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.

Property Information

Property type
Residential
Sub-type
Single Family Residence
Style
Ranch
Year built
1994
Living area
2,885 Sq Ft
Garage spaces
2
Zoning
nnone
Days on market
2
MLS® Listing#
4422581

Property Features

Appliances
Dishwasher · Dryer · Electric Oven · Electric Range · Electric Water Heater · Microwave · Refrigerator · Washer
Cooling
Heat Pump
Heating
Wood Stove · Heat Pump · Propane
Flooring
Carpet · Laminate · Tile · Vinyl · Wood
Fireplace
Fire Pit · Living Room · Wood Burning · Wood Burning Stove
Basement
Interior Entry · Partially Finished · Walk-Out Access
Parking
Basement · Driveway
Laundry
Laundry Room · Main Level
Lot features
Pasture · Views
Roof
Shingle
Other structures
Barn(s) · Shed(s)
Utilities
Propane
Sewer
Septic Tank
Water source
Well

Schools

Elementary
Pisgah Forest
Middle
Brevard
High
Brevard

Financial Details

HOA
$500 / Annually
Assessed value
$607,750
Parcel number
9515-89-0740-000

Directions

highway 64 to Crab Creek. Right on Mordan Drive property on the right.

Carolina MLS  (Charlotte) logo

Listing Courtesy: Howard Hanna Beverly-Hanks Brevard South - Billy.harris@allentate.com

Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.

Last Updated: 2026-09-16T00:00:00.000Z

1

Penrose Market Statistics

How this home compares to 7 active listings in Penrose, NC

Penrose medianThis listing
Median listing price$500,000$825,000
Median days on market602
Median Sq Ft1,680
Median price / Sq Ft$286

Market statistics compiled from active EXIT Realty® and MLS listings in Penrose, NC.

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