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Tbd Morgan Drive Tract II, Penrose, NC 28766

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For Sale

$349,000

11.63 acres

Estimated Payment

$ 1,789 /mo. †

6.63% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 11.6 acres
    Lot size

Explore this Property

Top-of-the-mountain acreage with high elevation sweeping views of Pisgah National Forest to the North and DuPont State Recreational Forest to the South. The top of the land is called Spirit Of The Mountains because it encompasses all the natural beauty that draws us to Western North Carolina. There are several building sites on the property but one in particular is closer to the drive-in that should afford incredible long-range parkway views, an easy building site, and easy access. The road to the top of the mountain is also completely paved until you enter the small enclave of properties that make up Spirit Of The Mountains. The location is ideal due to its proximity to the charming small towns of Brevard, Flat Rock, and Hendersonville. It's also between DuPont State Recreational Forest and Pisgah National Forrest with endless trails, mountain biking, hiking, waterfalls, and so much more. Don't miss the pinnacle of Western North Carolina living! Schedule your showing today!
MLS# 4155391

Courtesy Of Looking Glass Realty LLC

(828) 883-4663

Property Features

  • Architecture Style
    Other
  • Lot Size
    11.63 Acres
  • View Type
    Mountain

Map and Directions

Directions to Tbd Morgan Drive Tract II, Penrose, NC 28766

Home seller CENTURY 21 Mountain Lifestyles

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Mountain Lifestyles

(828) 692-8275
Learn More About Us

Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $1,789
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,789

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

We don't have all the school attendance zone information for this listing. Contact a local CENTURY 21 office for more information.

Other Nearby Schools Distance Type Grades School Rating
The Outdoor Academy 2.2 miles Private 10-11
Anchor Baptist Academy 3.5 miles Private KG-11
Brevard Academy 4.6 miles Public KG-8 C+
Pisgah Forest Elementary School 5.1 miles Public KG-5 B
Davidson River School 5.1 miles Public 9-12 D-

The Outdoor Academy

Distance: 2.2 miles

Type Private

Grades: 10-11

Anchor Baptist Academy

Distance: 3.5 miles

Type Private

Grades: KG-11

Brevard Academy

Distance: 4.6 miles

Type Public

Grades: KG-8

C+

Pisgah Forest Elementary School

Distance: 5.1 miles

Type Public

Grades: KG-5

B

Davidson River School

Distance: 5.1 miles

Type Public

Grades: 9-12

D-

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Penrose, NC 28766

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Penrose, NC 28766

This community’s employment is highest in the building maintenance and sales industries. The area’s overall household expenses are above the national average.

84° July
Hottest Average Month
26° January
Coldest Average Month
401 Total Households in Area
2.1% Increase in population since the year 2010
20.6%
of households
have children
22 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Penrose, NC 28766

Penrose, NC 28766 has a population of 946 people in 401 households with a median age of 58.1 years old.

2.1%
Increase in population
since the year 2010
Population is Trending up
371
Total households as of 2010
5.6%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 58.1 years old. The smallest percentage group is 65-74 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 91%
Hispanic 4%
Other 2%
Black 1%
Asian <1%
Native American <1%
The most prevalent ethnicity is White at 91%, followed by Hispanic at 4%, Other at 2%, and Black at 1%.

Economics
for Penrose, NC 28766

164 /sq mi
Population Density
$64,551 /yr
Median Household Income
$353,000
Median Sales Price
22 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $75-99,999k representing 24.35% of the households.

Transportation to Work

  • Drive 85%
  • Work from Home 12%
  • Walk or Bike 2%
  • Public Transit 0%

Occupancy by Type

Owned 356 76%
Vacant 64 14%
Rented 45 10%

White vs Blue Collar Jobs







White Collar 79%
Blue Collar 21%

Family & Education Facts
for Penrose, NC 28766

58.1 Median Age

Average Household Size

2.4
persons per
household

48.6%

Married Households

Community Population By Education

Bachelors Degree 32%
High School Graduate 24%
Some College 18%
Associates Degree 17%
Graduate Degree 5%
Some High School 3%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 32.19% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
20.6% of households have children

Weather
for Penrose, NC 28766

The weather for this area ranges from a high of 84° F in July to a low of 26° F in January

84° July
Hottest Average Month
26° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
26°
49°
Feb
27°
52°
Mar
34°
60°
Apr
41°
69°
May
49°
76°
Jun
57°
82°
Jul
61°
84°
Aug
61°
83°
Sep
55°
78°
Oct
43°
70°
Nov
34°
59°
Dec
27°
51°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Penrose, NC 28766!
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Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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