Penrose Homes under $800,000

Penrose Homes under $800,000

Welcome to Penrose, North Carolina – a hidden gem nestled in the heart of Transylvania County. Known for its picturesque landscapes and vibrant community, Penrose offers a unique blend of small-town charm and access to the great outdoors. Surrounded by the breathtaking Blue Ridge Mountains, this quaint town is a haven for nature lovers and adventure seekers alike. With nearby Pisgah National Forest and Dupont State Recreational Forest, residents can enjoy hiking, biking, and stunning waterfalls right at their doorstep.

Penrose’s real estate market is thriving, with an array of homes available for under $800,000. Whether you’re searching for a cozy cottage, a modern family home, or a serene retreat, you’ll find a diverse selection of properties that cater to various lifestyles. The homes in this price range boast spacious layouts, beautiful gardens, and often come with breathtaking views of the surrounding mountains or lush woodlands.

Living in Penrose means embracing a peaceful lifestyle while still being close to the bustling towns of Brevard and Hendersonville, where you can find charming shops, delightful restaurants, and a rich cultural scene. The community here is warm and welcoming, making it easy for new residents to feel right at home.

If you’re looking for a place where you can enjoy the tranquility of nature without sacrificing modern conveniences, Penrose is the perfect choice. Discover your dream home in this enchanting town, where the beauty of North Carolina awaits you!

Newest Penrose Homes under $800,000

574 Whitener Road, Penrose
$680,000
3 Beds ⋅ 2 Baths ⋅ 4438943 MLS ⋅ ACTIVE UNDER CONTRACT Status
Welcome to your turnkey mini-homestead! Situated on over 2 acres of gentle, usable land, this beautifully appointed 3 bedroom, 2 bathroom home seamlessly blends modern comfort with self-sustaining country living. Step inside to an airy, open concept floor plan highlighted by a welcoming living room with a cozy gas fireplace. The kitchen is designed for both everyday function and entertaining, featuring rich granite countertops, soft-close cabinetry, and ample prep space. The main level offers an expansive primary suite complete with a generous walk in closet and a spa like en-suite bath with a deep soaking tub, alongside a dedicated laundry room and an attached 2 car garage. Upstairs, discover a versatile finished flex room—ideal for a home office, bonus media lounge, hobby studio, or guest space. Outside, your self-sustaining dream property is fully realized. Enjoy peaceful mornings and evening sunsets from the covered porches, or unwind in the back porch hot tub. The grounds are fully equipped for immediate homesteading with established raised garden beds, a chicken coop, a versatile storage shed, and a dedicated outbuilding wired with power—ideal for a workshop, studio, or equipment storage. The partially fenced backyard provides safety and convenience for pets or play. Exceptional location and resilience: the property experienced no flooding from Hurricane Helene and is not located in a flood zone. A rare find offering the perfect balance of upgraded finishes, versatile space, and outdoor independence.

574 Whitener Road, Penrose

Listing courtesy of Howard Hanna Beverly-Hanks Waynesville. misty.brown@allentate.com
265 Raven Top Drive, Penrose
$469,000
3 Beds ⋅ 3 Baths ⋅ 4416645 MLS ⋅ ACTIVE Status
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

Listing courtesy of Coldwell Banker Advantage. caroline@cbawest.com
62 Kinard Lane, Penrose
$234,900
3 Beds ⋅ 2 Baths ⋅ 4418956 MLS ⋅ ACTIVE Status
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

Listing courtesy of CENTURY 21 Mountain Lifestyles. gregory@ashreal.com
146 Cliff Road, Penrose
$599,000
3 Beds ⋅ 2 Baths ⋅ 4407814 MLS ⋅ ACTIVE Status
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

Listing courtesy of Looking Glass Realty. sadie@lookingglassrealty.com
192 Lady Bug Lane, Penrose
$219,900
2 Beds ⋅ 2 Baths ⋅ 4404991 MLS ⋅ ACTIVE Status
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

Listing courtesy of Gardner Group Realty. crystal@gardnergrouprealty.net
94 Paradise Cove Road, Penrose
$595,000
3 Beds ⋅ 4 Baths ⋅ 4391944 MLS ⋅ ACTIVE Status
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

Listing courtesy of Looking Glass Realty. jeff@lookingglassrealty.com
376 Stoney Brook Road, Penrose
$410,000
3 Beds ⋅ 2 Baths ⋅ 4397828 MLS ⋅ ACTIVE Status
Come for the views. Stay for the potential. Tucked at the end of a private paved road, this mountain property offers five parcels totaling approximately 2.84 acres, a sense of privacy, and sweeping long-range mountain and valley views that are hard to duplicate. The existing home was designed around the setting, with a sunroom wrapped in windows, an open main living area, vaulted ceilings, fireplace, loft, and multiple spaces that take in the surrounding scenery. The basement adds heated space along with laundry, workshop and storage areas. This home is being sold as-is and does need significant repairs and updating, but for the right buyer, that is also the opportunity. With vision and renovation, the property could become a one-of-a-kind mountain retreat, full-time residence, or investment in a setting that would be difficult to recreate. Existing well and septic are already in place, adding valuable infrastructure. Select listing photos include clearly labeled AI renderings to help buyers visualize the possibilities; original photos are also included. 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

Listing courtesy of BluAxis Realty. andrea@bluaxis.com
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“ Based on information submitted to the MLS GRID as of . 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. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”

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