197 Penny Ln, Mars Hill, NC 28754
Property image
Property image
OFF MARKET

$736,600

Trulia Estimate
as of Sep 12, 2026
  • 5 Beds
  • 5 Baths
  • 3,185 sqft

197 Penny Ln, Mars Hill, NC 28754

Home Highlights

Single-Family Home
3,185 sqft
$231/sqft

Local Information

  • Map ViewExplore the area around 197 Penny Ln.
  • Schools1 Elementary School1 Middle School2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

About this House

We thankfully survived the storm and roads are clear to our cabin! We have all utilities! Wolf Moon Lodge is located at over 4,000 ft elevation and just 35 minutes north of Asheville off of I26 near Wolf Laurel. The peaceful sunsets are amazing overlooking long range views of the Blue Ridge Mountains. This cabin is truly one of a kind boasting a large covered outdoor pavillion with a wood-burning fireplace overlooking multi layered mountain views. Perfect for entertaining, grilling on the Weber, soaking in the hot tub, or just sitting around the fire during cool evenings. The main cabin includes master bedroom (king size bed/walk-in shower), 2nd bedroom has a queen size bed and full bath. Upstairs there is the 3rd bedroom with 2 full size beds, full private bathroom. Enjoy the open concept kitchen that is fully stocked with all of your cooking essentials. The cabin can accommodate 10 adults or 6 adults 4 children and has a total of 5 bedrooms and 5 full bathrooms. The lower level is easily accessed inside the main cabin via stairs, offering 1,100 sq ft of additional living space with an additional kitchenette, living room, king size bedroom, queen size bedroom and 2 additional private full bathrooms. We are offering this weekly or for the month of October. All utilities included: wifi, Direct TV, gas, electric, and water. Pets allowed with prior approval and pet fee.

Cabin offered for month of October or week to week. Call for details. Fully furnished with everything you need. All utilities included. Satellite wifi is not unlimited (500GB), Direct TV. $2,500 security deposit
197 Penny Ln, Mars Hill, NC 28754 is a 5 bedroom, 5 bathroom, 3,185 sqft single-family home. It last sold for $670,000 on Apr 20, 2023 (14,005% above the $4,750 asking price). More recently, it was listed as a rental in October 2024 with an asking price of $4,750 per month. That rental listing was removed on October 12, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $736,600, with a rent estimate of $3,258/month.

Home Details for 197 Penny Ln

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Hardwood

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 MonthAvailable: now

Exterior Features

Parking & Garage
Parking: Off Street Parking, On Site

Comparable Sales for 197 Penny Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
121 Scenic Wolf Dr, Mars Hill, NC
0.56
Single-Family Home
$640,000
06/16/26
3
3.5
2,223 sqft
151 Scenic Wolf Dr, Mars Hill, NC
0.59
Single-Family Home
$645,000
10/07/25
3
3.5
2,261 sqft
181 Scenic Wolf Dr, Mars Hill, NC
0.62
Single-Family Home
$695,000
08/10/26
3
3.5
2,490 sqft
161 Scenic Wolf Dr, Mars Hill, NC
0.60
Single-Family Home
$615,000
05/29/26
3
3.5
2,352 sqft
110 Red Wolf Ln, Mars Hill, NC
0.54
Single-Family Home
$455,000
05/04/26
2
4.5
2,738 sqft
201 Scenic Wolf Dr, Mars Hill, NC
0.64
Single-Family Home
$610,000
03/27/26
3
3.5
2,349 sqft
3245 Puncheon Fork Rd, Mars Hill, NC
0.62
Single-Family Home
$525,000
05/18/26
2
2
1,716 sqft
129 Cash Phillips Dr, Mars Hill, NC
0.88
Single-Family Home
$450,000
06/30/26
2
2.5
2,300 sqft
292 Village Ln, Mars Hill, NC
0.93
Single-Family Home
$500,000
02/17/26
4
3
1,032 sqft
255 Cotton Trl, Mars Hill, NC
1.13
Single-Family Home
$540,000
11/18/25
3
3
2,303 sqft

Nearby homes

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Rental Market Trends in Mars Hill

Last updated Sep 2026
Trulia Rent Estimate$3,258/mo
Average rent
$2K
Available listings
8
View rental market trends in Mars Hill, NC

Around this home

What Locals Say about Mars Hill

At least 21 Trulia users voted on each feature.

  • 93 % Say car is needed

  • 92 % Say yards are well-kept

  • 82 % Say parking is easy

  • 79 % Say people would walk alone at night

  • 79 % Say there's wildlife

  • 76 % Say there's holiday spirit

  • 76 % Say it's dog friendly

  • 64 % Say kids play outside

  • 56 % Say neighbors are friendly

  • 55 % Say they plan to stay for at least 5 years

  • 54 % Say it's quiet

  • 50 % Say there are sidewalks

  • 50 % Say it's walkable to restaurants

  • 41 % Say it's walkable to grocery stores

  • 37 % Say there are community events

  • 35 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Clb42307
    "Which school zone the home is in & what the crime rate is. Whether there is child molesters in the vicinity "
    3
    Flag
  • Gabrielle H.
    "Dogs are welcome in the community, people walk their dogs often and there is a local dog friendly coffee shop. "
    0
    Flag
  • Michael K.
    "it's a boring area with a bunch of college students. Only parking is 2hr parking in mars hill unless its residential, parking permit, or working. College students will be anywhere you go in mars hill. "
    0
    Flag
  • Nativedt777
    "Close to town but also have cows as neighbors. There are restaurants , post office, banks, library, shops, gas stations, grocery stores, greenways, a university,an elementary school, and much more close by."
    0
    Flag
  • Donnajanehugs
    "This is a gated mountain community with dramatic views, clean air, wooded areas, hiking trails, golf course, skiing, horseback riding stable, swimming pool, tennis courts, a country club restaurant (open six months of the year), lots of activities and friendly neighbors."
    0
    Flag
  • Cheryl L.
    "We lived here year round for 12 years, & would NOT be leaving if not for our aging parents & their need for our care. All 4 seasons are a blessing & it makes choosing a favorite season impossible. Western Sunsets will rival any in the world! Read this list of possibilities for anyone who is interested in a second home (for any season) or a wonderful all year getaway. This cabin provides the real cabin experience, not a fabricated version. It's cozy, well heated & in a GREAT, if not THE perfect location on the mountain. It makes coming and going easy & fast by mountain living standards. You have year round access to main roads which are kept cleared & well maintained. There is little mountain traffic on Oakridge & you have a shorter drive in & out of the community than most other residents. If you play Golf, you may never find a place you like to play better than Wolf Laurel Country Club. There is little maintenance to do in an antique cabin as you do not want to compromise the integrity of the beautiful logs which are everlasting! The appliances are relatively new & water pressure is great! There is little yard maintenance due to the abundance of natural fauna. The cabin is a 5 minute drive to the Ski Resort. Mars Hill provides great Grocery Shopping @ Ingles, CVS, & the quaint & great restaurants are there, only 20 minutes away. Weaverville has other shopping & dining & is a 30 minute drive from the cabin. You are also 10 minutes from the TN/NC border & a short drive to Johnson City TN. Walking anywhere @ Wolf Laurel is an adventure in Nature. We are some of the people written about who take food & beverages to the through-hikers to meet people from ALL OVER THE WORLD on the Appalachian Trail which is a 2 mile hike from the cabin. On a personal note: I will forever"
    0
    Flag

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Oct 12, 2024
Source: Zillow Rentals
ListingRemoved
$4,750
Oct 1, 2024
Source: Zillow Rentals
Listed For Rent
$4,750
Sep 14, 2023
Source: Beverly-Hanks & Associates, Inc.
ListingRemoved
Apr 20, 2023
Source: Canopy MLS as distributed by MLS GRID #4006877
Sold
$670,000
Mar 14, 2023
Source: Beverly-Hanks & Associates, Inc. #4006877
Pending
$624,900

Frequently asked questions about 197 Penny Ln

  • What is 197 Penny Ln estimated to be worth?
    Trulia's estimated value for 197 Penny Ln in Mars Hill, NC is $736,600.
  • What is the price history for 197 Penny Ln?
    197 Penny Ln in Mars Hill, NC last sold for $670,000 in April 2023.
  • Is Mars Hill a buyer's or seller's market?
    Mars Hill is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Mars Hill?
    Residents describe Mars Hill, NC as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Mars Hill, NC.
  • Does 197 Penny Ln have air conditioning?
    Yes, 197 Penny Ln in Mars Hill, NC has air conditioning.
  • Does 197 Penny Ln have laundry facilities?
    Yes, 197 Penny Ln in Mars Hill, NC has in-unit laundry.

Homes for rent near 197 Penny Ln

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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