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Off-Market Land near Penrose, North Carolina

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Est.$70,300·0.31 AcresOff-Market Record

Transylvania County · NC

0.31 acres of vacant land in Penrose, Transylvania County, NC. A small vacant lot with road access and room for a future homesite or long-term land...

Penrose Land Market Overview

The Penrose land market in Transylvania County, North Carolina remains active, with 1 properties sold in the past 12 months generating $200K in total volume. Currently, 12 opportunities are available for buyers to explore. Fresh inventory keeps arriving, with 1 new listings added in just the last 90 days, ensuring buyers have plenty of options to choose from. Many sellers on LandyDandy offer owner financing across North Carolina; terms vary by listing. Can't find what you are looking for in Penrose, North Carolina? Check out these nearby areas: Brevard, Pisgah Forest, Lake Toxaway, Sapphire, and Balsam Grove.

Is Penrose Land a Good Investment?

The Penrose land market generated $200K in total sales volume over the last year, signaling strong liquidity. We have tracked 1 new listings entering the market in just the last 90 days. With a median asking price per acre of $36,250, for a typical 1.0-acre parcel, buyers should be prepared to act reasonably fast on quality deals. Currently, the most active brokerage moving land in this region is H Scott & Associates, a key player to watch for off-market or new inventory. Overall buying land in Penrose could be a great investment. Want to learn more about the Penrose market? Check out our Penrose Land Market Insights.

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