$850,000
4 Beds · 3 Baths · 1,394 Sqft
Active
Active113 Days on Market$610/sqft▼ 5.0% from originalListed Dec 27, 2025MLS# CAR4330813
416 Cherokee Avenue, Black Mountain, NC 28711
$850,000 · 4 bd · 3 ba · 1394 sqft
About This Property
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.
Location
416 Cherokee Avenue, Black Mountain, NC 28711
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Property Details
Overview
Property TypeSingle Family Residence
Year Built1965
Lot Size0.45 Acres
Stories/LevelsOne
Interior
Bedrooms4
Bathrooms (Full)3
Total Rooms12
Sqft1,394
HeatingElectric, Heat Pump
Cooling / A/CElectric, Heat Pump
FlooringWood
Exterior
Garage Spaces1
ExteriorBrick Partial, Hardboard Siding
FoundationCrawl Space
RoofArchitectural Shingle
Financial
List Price$850,000
Original Price$895,000
Location
Address416 Cherokee Avenue, Black Mountain, NC 28711
NeighborhoodMethodist Colony
CityBlack Mountain
CountyBuncombe
StateNC
Zip28711
Listed by Mosaic Community Lifestyle Realty · casey@mymosaicrealty.com MLS# CAR4330813
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 05/01/2026, 01:47:02 AM. 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. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Information deemed reliable but not guaranteed. Buyer to verify all information.
Brian Jones
Compass
Founder of Luxury Communities and a seasoned luxury real estate advisor in Asheville and Western North Carolina. Brian specializes in private gated communities, luxury estates, and second-home destinations, with a strategic and technology-driven approach to matching buyers with the right communities and opportunities.
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