332 Island Cove Rd

Penrose, NC 28766

$365,000
Price
2
Beds
1,389 Sq. Ft.
$263 / Sq. Ft.
1,389
Sq. Ft.
$263
per Sq. Ft.
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Description

Location Location! This diamond in the rough 3 bedroom 2 bath has a wonderful location off of Crab Creek Road located between DuPont State Park and Pisgah Forest National Park. This property is ready for an update and for the detached garage to be completed. The mature landscaping provides privacy and a wonderful back drop to the location. This clean solid house needs a variety of updates but it has good bones to work with overall. Soaring ceilings in the main room with a propane rock fireplace sets...Location Location! This diamond in the rough 3 bedroom 2 bath has a wonderful location off of Crab Creek Road located between DuPont State Park and Pisgah Forest National Park. This property is ready for an update and for the detached garage to be completed. The mature landscaping provides privacy and a wonderful back drop to the location. This clean solid house needs a variety of updates but it has good bones to work with overall. Soaring ceilings in the main room with a propane rock fireplace sets the tone in the open floor plan main kitchen living area. Two bedrooms with a bath and laundry/storage down the hall with the primary ensuite bath at the end provide lots of living space. The ensconced back patio is a wonderful grilling, gathering area. Come check it out!
  1. Listed by Looking Glass Realty • cravenmtn@gmail.com

Property Details for 332 Island Cove Road

Parking Features
Detached Garage
Subdivision Name
None
LISTING UPDATED: 06/10/2026 06:35 AM

Property Details for 332 Island Cove Road

StatusActive
MLS #4389646
Days on Market5
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1950
Lot Size0.74 AC / 32,234 SF
CountyTransylvania County
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Location

Listing Courtesy of Looking Glass Realty
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Building Information for 332 Island Cove Road

Stories-Year Built1950Building Size-Lot Size0.74 AC / 32,234 SF

Payment Calculator

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$1,947 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,819

Property Taxes

$128

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 332 Island Cove Road

Summary
Location and General Information
  • Longitude: -82.617488
  • Latitude: 35.231705
  • Directions: Take crab creek towards DuPont-Hendersonville. Take a right onto Island Cove and the house is on the right in the curve. There is a driveway past the house and one right in the curve. There is a combo box for entry by the front door. Permits were pulled for foundation, rough pluming and electrical. Inspections for those are on line. The main permit has expired.
Taxes and HOA Information
  • HOA YN: No
  • HOA Subject To: None
  • Tax Assessed Value: $320,480.00
  • Parcel Number: 9515-98-9956-000
  • City Taxes Paid To: Brevard
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Parking: Open Parking YN: No
  • Parking: Other: The detached garage is not finished. It needs electric and any finishing of the other rooms attached.
  • Parking: Carport YN: No
  • Garage Spaces: 3.0
  • Garage YN: Yes
  • Garage Main Level YN: Yes
Property
Lot Information
  • Elevation: 2000
  • Above Grade Finished Area: 1389.0
  • Below Grade Finished Area: 0.0
  • Sq Ft Lower: 0
  • Sq Ft Main: 1389
  • Sq Ft Third: 0
  • Sq Ft Unheated Main: 74
  • Sq Ft Unheated Total: 74
  • Sq Ft Upper: 0
  • Sq Ft Second Living Quarters HLA: 0.0
  • Sq Ft Total Property HLA: 1389.0
  • Lot Features: Corner Lot, Paved, Private, Sloped, Wooded
  • Lot Size Units: Acres
  • Property Type: Residential
Property and Assessments
  • Geocode Confidence: High
  • Down Payment Resource YN: Yes
  • New Construction YN: No
  • Photos Count: 28
  • Road Responsibility: Publicly Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community YN: No
Utilities
  • Sewer: Septic Installed
  • Utilities: Electricity Connected
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Fencing: Back Yard
  • Construction Materials: Stone, Wood
  • Patio And Porch Features: Patio, Rear Porch
  • Pool Private YN: No
  • Road Surface Type: Asphalt, Paved
  • Roof: Metal
  • Other Structures: Other - See Remarks
Interior Features
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Exhaust Hood, Refrigerator with Ice Maker
  • Levels: One
  • Other Equipment: Fuel Tank - Owned
  • Cooling: Ceiling Fan(s), Electric, Heat Pump
  • Heating: Electric, Heat Pump
  • Interior Features: Open Floorplan, Storage
  • Laundry Features: Electric Dryer Hookup, Laundry Closet, Laundry Room, Main Level, Washer Hookup
  • Fireplace Features: Family Room, Gas Log, Propane
  • Fireplace YN: Yes
  • Door Features: Insulated Door(s)
  • Window Features: Insulated Window(s)
  • Flooring: Carpet, Tile, Wood
  • Foundation Details: Slab
  • Basement YN: No
  • Bedroom Main: 2
  • Full Bath Main: 2
  • Half Bath Main: 0
Room Information
Room Information
  • Room Count: 6.0
Room 1
  • Room Types: Primary Bedroom
  • Room Level: Main
Room 2
  • Room Types: Bathroom-Full
  • Room Level: Main
Room 3
  • Room Types: Bedroom(s)
  • Room Level: Main
Room 4
  • Room Types: Bedroom(s)
  • Room Level: Main
Room 5
  • Room Types: Kitchen
  • Room Level: Main
Room 6
  • Room Types: Family Room
  • Room Level: Main
Rental
Rent Information
  • Security Features: Smoke Detector(s)

Property History for 332 Island Cove Road

DateEvent & SourcePriceAppreciation
Jun 5, 2026

Listed (Active)

CANOPY #4389646

$365,000—
DateEvent & SourcePrice
06/05/2026

Listed (Active)

CANOPY #4389646

$365,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 332 Island Cove Road

Taxable ValueLand$40,000Additions$280,480Total$320,480
Tax Record2025$1,540 ($128 / month)
Home Facts
Beds2Baths3Total Finished SqFt1,424 SqFtAbove Grade Finished SqFt1,424 SqFtLot Size32,234 SqFtStyleSingle Family ResidenceYear Built1950Year Renovated2005CountyTRANSYLVANIAAPN9515-98-9956-000Fireplace TypeHas Fireplace

Schools near 332 Island Cove Road

This home is within Transylvania County School District.
Rating
School
Type
Grades
Distance
Pisgah Forest Elementary
Public - PK to 5
Davidson River School
Public - 6 to 12
Brevard Elementary
Public - PK to 5
Brevard Middle
Public - 6 to 8
Rating
School
Distance
Pisgah Forest Elementary
PublicPK to 5

Davidson River School
Public6 to 12

Brevard Elementary
PublicPK to 5

Brevard Middle
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 332 Island Cove Road, Penrose, NC 28766

332 Island Cove Road is a single family home for sale in Penrose, NC 28766. This property was listed for sale on June 5, 2026 by Looking Glass Realty, it's currently listed at $365,000. This listing's school district is Transylvania County School District. Nearby schools include Pisgah Forest Elementary, Davidson River School and Brevard Elementary. 332 Island Cove Road is a 2-bed, 2-bath, 1,389 sqft single family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Looking Glass Realty

Based on information submitted to the MLS GRID as of 06/10/2026 06:35 AM. 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. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.