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
Open on Google Maps-
Address: 14 Penelope Street, Black Mountain, North Carolina 28711
-
City: Black Mountain
-
State/county: NC
-
Zip/Postal Code: 28711
-
Area: NONE
Details
Updated on July 26, 2026 at 7:06 pm-
Property ID 4398286
-
Price $665,000
-
Property Size 1114 m²
-
Bedrooms 3
-
Bathrooms 2
-
Garage 1
-
Year Built 1965
-
Property Type Portfolio, Residential Income
-
Property Status Active, For Sale
Additional details
-
Listing Terms Cash, Conventional, VA Loan
-
Roof Metal
-
Sewer Public Sewer
-
Cooling Ceiling Fan(s), Central Air, Heat Pump
-
Heating Forced Air, Heat Pump, Oil
-
Flooring Carpet, Linoleum, Wood
-
County Buncombe
-
Property Type Residential Income
-
Parking Driveway, Attached Garage, Garage Faces Side
-
Elementary School Black Mountain
-
Middle School Charles D Owen
-
High School Charles D Owen
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
Contact Information
View ListingsSimilar Listings
1110 W 3rd W Avenue Unit Multiple, Hendersonville, North Carolina 28739
1110 W 3rd W Avenue Unit Multiple, Hendersonville, North Carolina 28739, Hendersonville, NC- Beds: 3
- Baths: 3
- 2600 m²
- Portfolio, Residential Income
97 Whippoorwill Lane, Fairview, North Carolina 28730
97 Whippoorwill Lane, Fairview, North Carolina 28730, Fairview, NC- Beds: 7
- Baths: 5
- 3957 m²
- Portfolio, Residential Income
725 & 727 Ed Hamrick Road, Shelby, North Carolina 28150
725 & 727 Ed Hamrick Road, Shelby, North Carolina 28150, Shelby, NC- Beds: 6
- Baths: 3
- 2160 m²
- Portfolio, Residential Income
27, 29 & 31 A/b Brown Road, Asheville, North Carolina 28806
27, 29 & 31 A/b Brown Road, Asheville, North Carolina 28806, Asheville, NC- Beds: 6
- Baths: 6
- 3440 m²
- Portfolio, Residential Income
- The Simpson Group Realty