48
  • Property Type
  • Portfolio, Residential Income
  • 4
  • Bedrooms
  • 3
  • Bathrooms
  • 2201 Sqft
  • Area Size
  • 1965
  • Year Built

416 S Cherokee Avenue, Black Mountain, NC 28711

  • $850,000
  • $895,000

Description

Two Homes | Multigenerational Living | Proven Short-Term Rental Success

Welcome to a rare and remarkable opportunity in one of Black Mountain’s most sought-after neighborhoods. Ideally situated across from the scenic Black Mountain Golf Course and just a short stroll to Lake Tomahawk—featuring tennis courts, a playground, and a community pool—this property offers more than a home; it offers a lifestyle defined by charm, connection, and natural beauty.

This unique property includes two thoughtfully maintained residences on a single parcel, making it ideal for multigenerational living, an income-producing investment, or a live-and-earn arrangement.

The main home offers 1,394 square feet of comfortable, well-designed living space with a functional layout suited for everyday living or long-term rental potential. Privately set just behind, the 807 square foot one-bedroom guest cottage is a proven short-term rental performer. Carefully curated for guest comfort, it has become a favorite retreat for visitors who return year after year to experience the charm of Black Mountain.

Don’t miss this exceptional opportunity to own a versatile property in one of Western North Carolina’s most welcoming and vibrant communities.

  • Address: 416 S Cherokee Avenue
  • City: Black Mountain
  • State/county: NC
  • Zip/Postal Code: 28711
  • Area: Methodist Colony

Details

Updated on April 16, 2026 at 3:02 pm
  • Property ID 4331920
  • Price $850,000
  • Property Size 2201 m²
  • Bedrooms 4
  • Bathrooms 3
  • Garage 1
  • Garage Size x x
  • Year Built 1965
  • Property Type Portfolio, Residential Income
  • Property Status Active, For Sale

Additional details

  • Listing Terms Cash,Conventional
  • Roof Architectural Shingle
  • Utilities Cable Available,Electricity Connected
  • Sewer Public Sewer
  • Cooling Electric,Heat Pump
  • Heating Electric,Heat Pump
  • Flooring Wood
  • County Buncombe
  • Property Type Residential Income
  • Parking Driveway
  • Elementary School Black Mountain
  • Middle School Charles D Owen
  • High School Charles D Owen

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Contact Information

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The Simpson Group Realty
  • The Simpson Group Realty

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