Description
Rare opportunity to own a fully renovated property just a short walk from charming downtown Black Mountain. Situated on a quiet, private corner lot with no damage from Hurricane Helene, this exceptional offering includes a beautifully updated brick main home and a separate income-producing accessory dwelling unit (ADU), making it ideal for multigenerational living, short- or long-term rental income, or a private guest retreat. The main residence has been thoughtfully transformed from top to bottom, featuring a durable metal roof, new HVAC, updated plumbing, most new electrical, and a newly permitted finished basement that nearly doubles the home’s living space. Now offering 3 bedrooms and 2.5 bathrooms, the home blends timeless character with modern finishes throughout. A hidden speakeasy adds a one-of-a-kind entertaining space that is sure to impress family and friends. The detached 2-bedroom, 1-bath ADU has also been completely renovated and has a proven rental history with consistent occupancy, providing immediate income potential. Outside, enjoy mature landscaping, a one-car garage, and parking for four or more vehicles—an uncommon convenience this close to downtown. Whether you’re looking for a primary residence with supplemental income, an investment property, or a flexible family compound, this turnkey property offers outstanding value in one of Black Mountain’s most desirable walkable locations.
Address
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Address: 14 Penelope Street
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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: NONE
Details
Updated on June 27, 2026 at 2:25 pm-
Property ID CAR4398286
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Price $665,000
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Property Size 1114 m²
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Bedrooms 3
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Bathrooms 2
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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, VA Loan
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Roof Metal
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Sewer Public Sewer
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Cooling Ceiling Fan(s), Central Air, Heat Pump
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Heating Forced Air, Heat Pump, Oil
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Flooring Carpet, Linoleum, Wood
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County Buncombe
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Property Type Residential Income
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Parking Driveway, Attached Garage, Garage Faces Side
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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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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
Contact Information
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