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Active

202 Morgan Drive

Penrose, NC 28766

Active Just listed today Listing ID CAR 314924666

$825,000
Est. $5,280/mo20% down · 7.125% · 30-yrAdjust
  • P&I$4,447
  • Taxes$516
  • Insurance$275
  • HOA$42

Principal, interest, property tax, insurance & HOA. Estimate only — not a loan offer.

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$286/Sq Ft

4 bd · 3 ba · 2,885 sqft · $286/sqft

4 Beds
3 Baths
2,885 Sq Ft
$286/Sq Ft
1994 Built
5.39 acres Single Family Residence Little River Ranch Listed Sep 16, 2026 Updated Sep 17, 2026 HOA $500/yr

HOA & Association

Dues$500/yrMonthly≈ $42/mo

About This Home

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 history

  1. Sep 16, 2026
    Listed for sale $825,000 Active
    Just listed today
  2. Aug 31, 2022
    Sold $685,000 Closed
    Listed $699,000 · Jul 13, 2022 49 days on market
    Previously sold for $685,000
  3. Jul 13, 2022
    Previously listed $699,000 Closed

Property Details

Interior Details

Heating
  • Heat Pump
  • Propane
Flooring
  • Carpet
  • Laminate
  • Tile
  • Vinyl
  • Wood
Room Count
1
Half Bathrooms
0
Total Bathrooms
3
Laundry Features
  • Laundry Room
  • Main Level
Main Level Sq Ft
1965
Basement Bedrooms
1
Main Level Garage
Yes
Fireplace Features
  • Fire Pit
  • Living Room
  • Wood Burning
  • Wood Burning Stove
Basement Full Baths
1
Main Level Bedrooms
3
Main Level Full Baths
2
Main Level Half Baths
0

Dwelling And Structure

Construction Type
Site Built
Architectural Style
  • Ranch

Square Footage And Levels

Levels
  • One
Above Grade Finished Area
1965
Below Grade Finished Area
920

Parking And Garage

Parking Features
  • Basement
  • Driveway
  • Attached Garage

Exterior Features

Roof
  • Architectural Shingle
Construction Materials
  • Vinyl

Lot And Land

Lot Features
  • Creek Front
  • Flood Plain/Bottom Land
  • Pasture
  • Creek/Stream
  • Views
Lot Size Acres
5.39
Lot Size Units
Acres
Horse Amenities
  • Equestrian Facilities
  • Hay Storage
  • Stable(s)
Other Structures
  • Barn(s)
  • Feed Barn
  • Hay Storage
  • Shed(s)

Basement And Foundation

Basement
  • Interior Entry
  • Partially Finished
  • Walk-Out Access
Foundation Details
  • Basement

Waterfront And View

View
  • Mountain(s)
  • Year Round

Utilities

Sewer
  • Septic Installed
Utilities
  • Propane
Water Source
  • Well

Financial Information

Hoa Dues
Mandatory
City Taxes Paid To
No City Taxes Paid

Zoning And Restrictions

Zoning
Nnone
Restrictions
Subdivision
Subject To Ccrs
Yes

Listed by Billy Harris (828-553-9666) · Howard Hanna Beverly-Hanks Brevard South (828-553-9666)

Location

Address
202 Morgan Drive
City
Penrose, NC 28766
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Schools

Elementary
Pisgah Forest
Middle
Brevard
High
Brevard

School assignments may change. Contact the school district to confirm.

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202 Morgan Drive, Penrose, NC, 28766

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