| Penland Gap | on Middle Ridge in SW Macon County. |
| Penland Yellow | See Big Bald. |
| Penley | community in SE Watauga County. |
| Penley Branch | rises in S Watauga County and flows SE into Middle Fork [South Fork New River]. |
| Penly Cove | central Buncombe County E of Bee Ridge. |
| Penn Point | in central Carteret County extending into Newport River. |
| Pennington | community in N Stanly County served by post office, 1886-1909. |
| Pennix Cove | N Buncombe County E of Hemphill Mountain. |
| Penny | community in N Johnston County served by post office, 1884-1901. |
| Penny Hill | town on the Edgecombe-Pitt county line on Tar River. Inc. 1875, but no longer active in municipal affairs. |