Stunning sunset views! - 0 Morgan Drive, Penrose
Acreage at 0 Morgan Drive, Penrose, photo 2 of 26
Paved road to property - 0 Morgan Drive, Penrose
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Potential design option - 0 Morgan Drive, Penrose
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Homesite cleared and graded, ready to build! - 0 Morgan Drive, Penrose
Views on both sides of homesite - 0 Morgan Drive, Penrose
walking path - 0 Morgan Drive, Penrose
Approximate boundaries for reference only-not a survey - 0 Morgan Drive, Penrose
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Driveway - 0 Morgan Drive, Penrose
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26 photos

$399,000

0 Morgan Drive
Penrose, NC 28766
Listed by Kina Kilpatrick · Premier Sotheby’s International Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Experience the pinnacle of Western North Carolina mountain living at Spirit of the Mountains, an exceptional high-elevation property offering breathtaking long-range views in both eastern and western directions. From this special mountaintop setting, enjoy expansive vistas stretching across Pisgah National Forest to the north and DuPont State Recreational Forest to the south. The homesite has already been cleared and graded, providing a beautiful, flat homesite that is ready for your future mountain retreat. Paved roads provide convenient access, while short-term rentals are allowed, offering added flexibility for those looking to create a private getaway, vacation rental, or investment property. Enjoy easy access to the charming mountain towns of Brevard, Flat Rock, and Hendersonville, while being surrounded by some of Western North Carolina’s most treasured outdoor destinations. With DuPont State Recreational Forest and Pisgah National Forest nearby, endless opportunities for hiking, mountain biking, waterfalls, scenic drives, and outdoor exploration are right outside your door. Build your dream home in a setting where elevation, east- and west-facing views, a level homesite, paved roads, and short-term rental flexibility come together. This is a rare opportunity to create your own mountain sanctuary at Spirit of the Mountains!

Property details

MLS
Canopy MLS
MLS #
CAR4417462
Property type
Acreage
Subdivision
Spirit Of The Mountains
Status
Active
Days on market
30
On market date
August 24, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
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.

ElementaryCharter
Brevard Academy
4.59 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
409
Student:teacher ratio
17.0:1
District
Brevard Academy
Middle
Brevard Middle
6.19 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
514
Student:teacher ratio
12.0:1
District
Transylvania County Schools
High
Davidson River School
5.11 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
77
Student:teacher ratio
8.6:1
District
Transylvania County Schools

Walkability

Blended score for Penrose'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).

19
Very car-dependent
out of 100
EPA National Walkability Index
5.0 / 20 -- Least walkable
Google Places amenity density
10 / 100
Restaurants & cafes0
Grocery stores1
Parks0
Schools1
Transit stops0
Pharmacies0

Market position

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

On the market 30 days -- 531 fewer days than Penrose's current average of 561 days.
For reference, the median list price across 16 active listings in Penrose right now is $227,400.

Mortgage calculator

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

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Est. monthly payment
$2,553/mo
$79,800 down
$319,200 loan
Principal & interest$2,070
Property tax (est.)$333
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated September 23, 2026.

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.