0
  • Property Type
  • Portfolio, Residential Income
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 1114 Sqft
  • Area Size
  • 1965
  • Year Built

14 Penelope Street, Black Mountain, North Carolina 28711

  • $665,000

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: 14 Penelope Street
  • City: Black Mountain
  • State/county: NC
  • Zip/Postal Code: 28711
  • Area: NONE

Details

Updated on June 27, 2026 at 2:25 pm
  • Property ID CAR4398286
  • 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

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Contact Information

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The Simpson Group Realty
  • The Simpson Group Realty

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