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5506 Penguin Drive

Summerfield, NC 27358
$608,711
Calculator$0/mo
  • Beds3
  • Baths2.5
  • Sq Ft2,067
  • Stories1
  • Garage3-Car

The Bates plan is a favorite for all stages of life, featuring three bedrooms, two full bathrooms, and a spacious layout that includes a second-story bonus room. The split-bedroom design is centered around an expansive great room and kitchen, enhanced by a fireplace, large pantry, kitchen island, and quartz countertops. The generous island offers additional storage and serves as a perfect gathering space for friends and family. Flooded with natural light, the breakfast nook provides extra seating and a cozy place to enjoy meals. Crown molding and luxury vinyl flooring flow throughout the main level, while hardwood stairs lead to the bonus room, which includes a half bathroom and a walk-in closet. With access to the covered deck directly from the kitchen, you’ll have the perfect shaded spot to entertain or enjoy a peaceful evening overlooking the partially wooded backyard.
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Ready November 2025
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Floor Plan

1st Floor
2nd Floor

Specifications

  • Address
    5506 Penguin Drive
  • City, St, Zip
    Summerfield, NC 27358
  • Bedrooms
    3
  • Full Baths
    2
  • Half Baths
    1
  • Sq Ft
    2,067
  • Price
    $608,711
  • Estimated Completion Date
    Ready November 2025
  • Community
    Lilah Grove
  • Plan
    Bates II
  • Status
    Under Construction
  • Homesite
    31
  • Garages
    3-Car
  • Primary Bedroom Location
    Main Floor

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

5506 Penguin Drive
Summerfield, NC 27358

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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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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 06/16/2025. Loan must close before 09/16/2025. 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 06/16/2025. Rate, fees, other charges and terms subject to change. Available loan programs and terms will vary by state.

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 06/16/2025. Rate, fees, other charges and terms subject to change. Available loan programs and terms will vary by state.

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 06/16/2025. Rate, fees, other charges and terms subject to change. Available loan programs and terms will vary by state.

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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