416 S Cherokee Avenue, Black Mountain, NC 28711

$799,999
4
BD
2,201
SqFt

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Listing courtesy of Mosaic Community Lifestyle Realty. casey@mymosaicrealty.com

List Price
$799,999
MLS#
4331920
Status
ACTIVE
Days on Market
212
Property Type
Residential Income
Year Built
1965
Price Change
▼ $50,001 1781287112
Bedrooms
4
Full Baths
3
Lot Size
19,602
Lot Size Area
0.45
Living Area
2,201
Sq Ft Total
2201
County
Buncombe
Subdivision
Methodist Colony
Special Conditions
None

Property 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.

Additional Information

Fireplace
Yes
Floor Coverings
Wood
Equipment
Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer
Foundation
Crawl Space
Laundry Location
Inside
Heating
Electric, Heat Pump
Water
City
Sewer
Public Sewer
Exterior Construction
Brick Partial, Hardboard Siding
Roof
Architectural Shingle
Parking
Driveway
Driveway
Gravel, Paved
Elementary School
Black Mountain
Middle School
Charles D Owen
High School
Charles D Owen
Zoning
UR-8
Total Property HLA
2201

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

“ Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”

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