416 S Cherokee Avenue

Black Mountain, NC
$ 799,999 Beds 4 Baths 3 Sq 2,201 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Single Family

  • Price
  • $ 799,999
  • City
  • Black Mountain
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • BUNCOMBE
  • Half Bathrooms
  • 0
  • Area
  • Buncombe County
  • Lot Size
  • 0.45 Acres
  • Zip
  • 28711
  • Sqr Footage
  • 2,201
  • Year Built
  • 1965
  • Style
  • Bungalow
  • MLS#
  • 4330813
Listed By: Mosaic Community Lifestyle Realty; casey@mymosaicrealty.com
Data Source: Canopy MLS

Features

General

Living Area 1394
Sewer Public Sewer
Heating Electric,Heat Pump
Cooling Electric,Heat Pump
Utilities Cable Available,Electricity Connected
Roof Architectural Shingle
Appliances Dishwasher,Disposal,Dryer,Electric Oven,Electric Range,Electric Water Heater,Refrigerator,Washer
Zoning UR-8
Garage Spaces 1
Patio/Porch Features Deck,Front Porch
Architectural Style Bungalow
Construction Materials Brick Partial,Hardboard Siding
Exclusions See List Attached to listing
Year Built 1965
View Golf Course
Levels One
Property Subtype Single Family Residence
Parcel Number 0619-07-2531-00000
County Buncombe
New Construction No
Property Type Residential
HOA No
Subdivision Name Methodist Colony
Garage Y/N Yes
Full Baths 3
Directions Google Maps takes you right to it
High School Unspecified
City Black Mountain
Senior Community Y/N No
Open Parking Spaces 10
Lot Size Units Acres
Carport Y/N No
Elementary School Unspecified
Middle/Junior High School Unspecified
Additional Parcels Y/N No
Standard Status Active
CAR_HOASubjectTo None
Construction Type Site Built
Tax Assessed Value 407900
Listing Terms Cash,Conventional

Interior Features

Basement Basement Garage Door
Flooring Wood
Fireplace Features Den
Basement (Y/N) No
Fireplace Y/N Yes
Above Grade Finished Area 1394
Laundry Features Inside
Total Bedrooms 4
Total Baths 3
SqFt Main 1394
SqFt Garage 336
Bedroom 3

Exterior Features

Fencing Partial
Parking Features Driveway
Water Source City
Lot Size Area 0.45
Foundation Details Crawl Space
Road Surface Type Gravel,Paved
Other Parking Garage space is in the basement of the cabin. Currently used as a workshop.
Road Responsibility Publicly Maintained Road
Main Level Garage YN Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Hickory, NC office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unspecified Elementary School
Middle School Unspecified Middle School
High School Unspecified High School

Price History

12/27/2025 Listed $895,000
1/16/2026 6% - $850,000
6/12/2026 6% - $799,999

Property vs Zip Code Average in 28711

Price
AVG $840K
$800K
Year Built
AVG 1990
1965
Visits
AVG 239
479
Data Provided by Inside Real Estate®

416 S Cherokee Avenue Black Mountain, NC is a Single Family Home for sale at $799999 with 2201 sqft and a lot size of 0.45 Acres Acre(s). 416 S Cherokee Avenue Black Mountain has 4 bedrooms, 3 baths and was built in 1965. The property's zip code is 28711 which is in Black Mountain, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.