Single Family Residence at 516 Pennwood Street NE, Lenoir
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Living room virtually staged - 516 Pennwood Street NE, Lenoir
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Primary bedroom virtually staged - 516 Pennwood Street NE, Lenoir
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$340,000

516 Pennwood Street NE
Lenoir, NC 28645
Listed by Jennifer Crowe · Keller Williams High Country
Bedrooms
3
Bathrooms
2
Living area
1,257 sqft
Year built
1948

About this home

Discover the perfect blend of comfort and convenience in this meticulously maintained 3-bedroom, 2-bathroom home. Situated on a desirable corner lot in the heart of Lower Creek, this property offers a fantastic opportunity for those seeking a move-in-ready space with great character. As you step inside, you’ll immediately notice the warmth of the beautiful wood floors that flow throughout. The inviting living space features a cozy gas fireplace, perfect for relaxing evenings. The galley kitchen is efficiently designed and practical, while the bedrooms offer generous, good-sized retreats for rest and relaxation. Recently updated, the upstairs bathroom adds a modern touch of comfort to the home. This home is truly built for hosting! Enjoy a versatile bonus room complete with its own bar for game nights or celebrations. For those who love outdoor living, a large deck featuring its own bar awaits, perfect for summer barbecues and relaxing on your private .46-acre lot. The home also includes an unfinished basement, offering endless potential for a workshop, storage, or future expansion to suit your needs. Outside, you’ll find plenty of room to roam and parking ease thanks to the detached 2-car garage. Plus, the garage features an additional storage room above, providing the extra space you've been looking for. With a new roof installed in 2024, you can move in with peace of mind. This home offers the ideal combination of a convenient location and thoughtful updates. Schedule your private tour today to see all that this gem has to offer!

Highlights

Fireplace

Property details

MLS
Canopy MLS
MLS #
CAR4439158
Property type
Single Family Residence
Subdivision
None
Status
Active
Days on market
2
On market date
October 31, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
2
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Lower Creek Elementary
0.28 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
395
Student:teacher ratio
15.2:1
District
Caldwell County Schools
Middle
William Lenoir Middle
0.78 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
537
Student:teacher ratio
14.1:1
District
Caldwell County Schools
High
Caldwell Applied Sciences Academy
5.07 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
204
Student:teacher ratio
14.6:1
District
Caldwell County Schools

Walkability

Blended score for Lenoir's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

27
Car-dependent
out of 100
EPA National Walkability Index
5.5 / 20 -- Least walkable
Google Places amenity density
25 / 100
Restaurants & cafes0
Grocery stores1
Parks2
Schools2
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Lenoir, from live MLS data.

On the market 2 days -- 244 fewer days than Lenoir's current average of 246 days.
For reference, the median list price across 416 active listings in Lenoir right now is $200,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$2,198/mo
$68,000 down
$272,000 loan
Principal & interest$1,764
Property tax (est.)$283
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 6 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.