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$220,000
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Property Description
Welcome to this rare opportunity to own approximately 15.75 acres of beautiful, fenced-in farmland located in a peaceful and scenic setting. The land is fully fenced and well-suited for livestock, horses, or farming operations. The land is well-maintained, and the layout is ideal for rotational grazing, crop production, or even equestrian use. For those looking to build, this property also offers incredible residential potential. With ample space and road access, it's an ideal canvas for a custom home, family estate, or future development. Imagine waking up to the freedom of country living-all just a short drive from town conveniences. Utilities are nearby, and the property is free from HOA restrictions, giving you flexibility to create the lifestyle or investment project you've envisioned. Whether you're a farmer, a builder, a homesteader, or simply someone seeking space, privacy, and natural beauty-this land delivers. Don't miss out on this unique opportunity to own a piece of land with character, function, and long-term value. MLS# 4311290 for sale and connects to this property for a total of approx. 46+/- acres. Schedule your visit today and see the potential for yourself!
Full Property Details
Full Property Details for 140 Penny Ln
General
- Sold For: $220,000
- Status: Closed
- Type: Lots/Land
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4310602
- Added to Site: 133 day(s) ago
Exterior
- Exterior Features: Fence
Location
- County: Rutherford
- Driving Directions: GPS 140 Penny Lane.
School Information
- Elementary School: Ellenboro
- Middle School: East Middle
Utilities
- Sewer: Septic Needed, Other - See Remarks
- Water: Well Needed
- Utility Description: Other - See Remarks
Lot Features
- Street/Road Desc.: Gravel
- Lot Features: Cleared, Creek Front, Pasture, Creek/Stream, Views, Other - See Remarks
- Rcmdd Zoning: None
- Fencing (Description): Fenced, Full
Horse Property
- Horse Facility Desc.: Horses Allowed, Pasture, Other - See Remarks
Financial Considerations
- Terms: Cash, Construction Perm Loan, Conventional, Nonconforming Loan, Other - See Remarks
Disclosures and Reports
- Restrictions: No Representation
- Property ID: 1655421
- Lot Number: 2052/554
Listed by EXP Realty LLC
Sold by Nexus Realty LLC
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Schools
Schools serving 140 Penny Ln
School District:Rutherford County Schools
| Name | Grades | Distance |
|---|---|---|
Ellenboro Elementary School 813 Piney Mountain Church Road, Ellenboro, NC 28040 | PK-5 | 0.4 mi |
East Rutherford Middle School 259 East Church Street, Bostic, NC 28018 | 6-8 | 3.9 mi |
East Rutherford High School 331 East High Road, Bostic, NC 28018 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 140 Penny Ln
Date
Details
Price
Change
Source
2/11/2026
Sold
$220,000
—
MLS
10/07/2025
Listed
$220,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
140 Penny Lane, Ellenboro, NC 28040 (MLS# 4310602) is a Lots/Land property that was sold at $220,000 on February 11, 2026. Want to learn more about 140 Penny Lane? Do you have questions about finding other Lots/Land real estate for sale in Ellenboro? You can browse all Ellenboro real estate or contact a Coldwell Banker agent to request more information.

