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416 S Cherokee Avenue

Black Mountain, NC 28711
  • $850,000
  • STATUS: Active
  • ON SITE: 111 Days
  • MLS #: 4331920
UPDATED: 48 min ago
$850,000
  • 4
    BEDS
  • 0.45
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,201
    SQFT
  • $386
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1965
County:

School Information

Elementary School:
Middle School:
High School:
Canopy MLS logo Offered by Mosaic Community Lifestyle Realty: 828-707-9556. Copyright 2026 Canopy MLS. All rights reserved.

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.

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MLS Grid logo Based on information submitted to the MLS GRID as of 2026-04-21T12:34:21.483 UTC. 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Carolina Coastal Group nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Canopy MLS.

“Listings courtesy of Canopy MLS as distributed by MLS GRID

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www.carolinacoastalgroup.com/homes/171631601
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416 S Cherokee Avenue Black Mountain, NC 28711

  • Price: $850,000
  • Status: Active
  • On Site: 111 Days
  • Updated: 48 min ago
  • MLS #: 4331920
4
Beds
3
Baths
0
½ Baths
0.45
Acres
2,201
SQFT
$386
$/SQFT
1965
Built
Neighborhood:
Methodist Colony
County:
Buncombe
Area:
Black Mountain
Elementary School:
Black Mountain
Middle School:
Charles D Owen
High School:
Charles D Owen
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.
Exterior Features

Carport YN No Construction Materials Brick PartialHardboard Siding Construction Type Site Built Fencing Partial Foundation Details Crawl Space Garage Square Footage 336 Garage YN Yes Main Level Garage YN Yes Other Parking Garage space is in the basement of the cabin. Currently used as a workshop. Parking Features Driveway Patio And Porch Features DeckFront Porch Road Responsibility Publicly Maintained Road Road Surface Type GravelPaved Roof Architectural Shingle

Interior Features

Above Grade Finished Area 2201 Appliances DishwasherDisposalDryerElectric OvenElectric RangeElectric Water HeaterRefrigeratorWasher Basement Basement Garage Door Basement YN No Below Grade Finished Area 0 Building Area Total 2201 Cooling ElectricHeat Pump Fireplace Features Den Fireplace YN Yes Flooring Wood Garage Spaces 1 Heating ElectricHeat Pump Laundry Features Inside

Property Features

Additional Parcels YN False Association YN No Assumable YN No Auction YN No CCRSubject To Undiscovered City Taxes Paid To Black Mountain Hoa Subject To None Listing Terms CashConventional New Construction YN No Pets Allowed Yes Property Sub Type Portfolio Senior Community YN No Sewer Public Sewer Special Listing Conditions None Utilities Cable AvailableElectricity Connected View Golf Course Water Source City Zoning UR-8



MLS Grid logo Based on information submitted to the MLS GRID as of 2026-04-21T12:34:21.483 UTC. 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Carolina Coastal Group nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Canopy MLS.

“Listings courtesy of Canopy MLS as distributed by MLS GRID

Some IDX listings have been excluded from this website.

Digital Millennium Copyright Act
 
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Carolina Coastal Group
514 N Howe St
Southport NC, 28461
Canopy MLS logo Offered by Mosaic Community Lifestyle Realty: 828-707-9556. Copyright 2026 Canopy MLS. All rights reserved.