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
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Address: 416 S Cherokee Avenue
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City: Black Mountain
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State/county: NC
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Zip/Postal Code: 28711
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Area: Methodist Colony
Details
Updated on May 27, 2026 at 8:50 pm-
Property ID 4331920
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Price $850,000
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Property Size 2201 m²
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Bedrooms 4
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Bathrooms 3
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Garage 1
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Year Built 1965
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Property Type Portfolio, Residential Income
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Property Status Active, For Sale
Additional details
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Listing Terms Cash, Conventional
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Roof Architectural Shingle
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Utilities Cable Available, Electricity Connected
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Sewer Public Sewer
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Cooling Electric, Heat Pump
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Heating Electric, Heat Pump
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Flooring Wood
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County Buncombe
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Property Type Residential Income
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Parking Driveway
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Elementary School Black Mountain
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Middle School Charles D Owen
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High School Charles D Owen
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Down Payment
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Property Tax
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