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5502 Penguin Drive

Summerfield, NC 27358
$642,024
Calculator$0/mo
  • Beds4
  • Baths3.5
  • Sq Ft3,151
  • Stories2
  • Garage2-Car

You must see it for yourself — the Roland! With a huge chef’s kitchen open to the great room and casual dining area, this home is perfect for entertaining, offering open sightlines and tons of natural light. A formal dining room provides extra space for gatherings, and a designated office and sunroom on the main level add flexibility to the floor plan. Along with all the space, this home features a built-in bench and cubby drop zone off the garage, a half bath, and even a “pet pad” under the stairs for the furry member of your family! If the kitchen is your favorite place to be, you're sure to be impressed. It includes a large island, built-in appliances, a vented hood to the exterior, a gas range, and a walk-in pantry. Outside, enjoy expansive backyard views from your deck. The primary suite is located on the second level and includes two walk-in closets, a sitting room, extra storage space, and an en suite with a tiled floor and shower. Finishing out the second floor are three additional bedrooms (one with a balcony), two full baths, a loft with a storage closet, and a laundry room equipped with cabinets and a folding table. This home offers over 3,100 square feet of well-appointed living space and a deep backyard. Ask about our available incentives!
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Ready August 2025
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Floor Plan

1st Floor
2nd Floor

Specifications

  • Address
    5502 Penguin Drive
  • City, St, Zip
    Summerfield, NC 27358
  • Bedrooms
    4
  • Full Baths
    3
  • Half Baths
    1
  • Sq Ft
    3,151
  • Price
    $642,024
  • Estimated Completion Date
    Ready August 2025
  • Community
    Lilah Grove
  • Plan
    Roland II
  • Status
    Under Construction
  • Homesite
    33
  • Garages
    2-Car
  • Primary Bedroom Location
    Upstairs

Map & Directions

Community Directions
  • From Hwy 158 E: Travel to Rumbley Rd.
  • Travel approximately .5 miles, and turn left onto Murphy Rd.
  • Travel approximately .6 miles, and turn right onto Murphy's Crossing Rd.
  • You have arrived at Lilah Grove. 

By Appointment Only | Schedule Today! 336-920-8973

Home Address

5502 Penguin Drive
Summerfield, NC 27358

View in Google Maps

Schools

Lilah Grove Schools

*Schools can change without notice. Verify with the local school district.

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Lilah Grove Included Features

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All trademarks are the property of their respective owners.

Silverton Mortgage is authorized to originate FHA loans, but it is not an agent of, or affiliated with, the U.S. Government.

ALL LOANS ARE SUBJECT TO CREDIT APPROVAL.

Contact your Mungo Homes sales manager for a list of eligible homes. Contracts written on or after 04/18/2025. Loan must close before 08/18/2025. All terms and conditions subject to credit approval, market conditions and availability. Silverton Mortgage has locked in a fixed interest rate for a pool of funds. Rates only available until pool of funds is depleted or rate expires.

*Example of 96.5% LTV FHA Loan Program with $400,000.00 sales price. $392,755.00 loan amount - 30-year fixed rate loan with zero points based on 360 monthly payments at $2,105.99 each (P&I only). Monthly payments do not include required mortgage insurance, taxes, insurance premiums or other applicable escrows. Actual payment amount will be higher. Down payment of $14,000 required. Example assumes 780 credit score and includes $1,495 origination fee, 5.748% APR, and 4.99% interest rate as of 04/18/2025.

**Example of 100% LTV (0% Cash Down) VA Loan Program with $400,000.00 sales price. $413,200.00 loan amount - 30-year fixed rate loan with zero points based on 360 monthly payments at $2,215.62 each (P&I only). Monthly payments do not include required mortgage insurance, taxes, insurance premiums or other applicable escrows. Actual payment amount will be higher. 0% cash down payment of $0 required. Example assumes 780 credit score, 5.296% APR, and 4.99% interest rate as of 04/18/2025

***Example of 75% LTV Conventional Loan Program with $400,000.00 sales price. $300,000.00 loan amount - 30-year fixed rate loan with zero points based on 360 monthly payments at $1,701.49 each (P&I only). Monthly payments do not include required mortgage insurance, taxes, insurance premiums or other applicable escrows. Actual payment amount will be higher. Down payment of $100,000 required. Example assumes 780 credit score and includes $1,495 origination fee, 5.558% APR, and 5.49% interest rate as of 04/18/2025.

Rate, fees, other charges and terms subject to change. Available loan programs and terms will vary by state.

This offer cannot combined with other incentives.

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