$975,000
Est. Payment: $5,011/mo
Adjust down payment, rate & terms
33 Vance Ave, Black Mountain, NC 28711
Black Mountain, NC 28711
5
bedrooms
0
baths
2,316
sq.ft.
$421
price per sf
Presented By
Carnarri Cofield
REALTOR®
About This Property
Successful short-term rental property in downtown Black Mountain! The original home has been converted into five distinct units, each with its own private entrance & dedicated parking. This property has the charm and character of a historic home, with many modern updates. Every space you enter is comfortable & inviting, with good natural light. Guests enjoy relaxing in the rocking chairs on the front porch & strolling into downtown Black Mountain to dine and shop at all the local establishments. With great reviews, plenty of repeat guests, and many longer bookings, this property is an investor's dream. Offered fully furnished, with a dedicated housekeeping staff that would love the opportunity to stay on board. This is truly a turnkey opportunity for someone interested in taking over an established business in a popular area. Owners report 77% occupancy YTD, through April 2026. Three units on the ground floor, and two units upstairs accessed by a common stairwell. Two laundry locations on site. All units are metered separately for electricity & gas, offering flexibility if a buyer wanted to convert to long-term rentals in the future. See floor plan sketch for a detailed drawing of the building's layout. Financial information available upon request. This is an active vacation rental property, and showing requests will be accommodated based on occupancy. Virtual tour available here: https://my.matterport.com/show/?m=E9cHPnV4x2X&mls=1
About the Neighborhood
Homes for sale in 28711 offer buyers a premier Blue Ridge Mountain lifestyle in Black Mountain, a small Buncombe County community approximately 15 miles east of Asheville via I-40, widely regarded as one of Western North Carolina's most beloved small towns for its vibrant arts scene, walkable downtown, and dramatic mountain setting. The residential landscape features early 20th-century Craftsman bungalows and mountain vernacular cottages in the historic town core alongside mid-century ranches and newer custom construction on wooded mountain lots with layered Blue Ridge views. The celebrated Downtown Black Mountain corridor along State Street delivers an exceptional concentration of independent galleries, local restaurants, and music venues reflecting the community's deep creative heritage, while Lake Tomahawk Park provides a beloved in-town green space with walking trails and community amenities. The Swannanoa River greenway and direct Blue Ridge Parkway access provide extraordinary outdoor recreation connectivity. The 28711 real estate market commands strong demand from buyers drawn to the community's authentic mountain arts character, walkable downtown, and Asheville proximity, typically a 20-minute commute via I-40, at price points below Asheville's most competitive intown markets.
Property Features
Property Description
- Beds Total: 5
- Stories: 2
- Year Built: 1909
- Living Area: 2,316 sqft
- New Construction: No
- MLS #: 4377818
Association
- HOA Required: No
Utilities
- Natural Gas
Interior Features
- Heating: Floor Furnace, Natural Gas, Wall Furnace
- Cooling: Window Unit(s)
- Common Area
- In Unit
- Utility Room
Appliances
- Dryer
- Electric Oven
- Electric Range
- Microwave
- Refrigerator
- Washer
Construction Materials
- Wood
- Foundation: Crawl Space
Cooling
- Window Unit(s)
Foundation Details
- Crawl Space
Heating
- Floor Furnace
- Natural Gas
- Wall Furnace
Laundry Features
- Common Area
- In Unit
- Utility Room
Parking Features
- Assigned
- Parking Space(s)
Pets Allowed
- Call
Road
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Gravel, Paved
Sewer
- Public Sewer
WaterSource
- Public
View
- City
- Mountain(s)
Flooring
- Tile
- Wood
Fireplace
- Fireplace: No
Tax and Financial Info
- Listing Terms: Cash, Conventional
Location
LISTING COURTESY OF: HEARTWOOD REALTY LLC
Alan@HeartwoodAVL.com
$975,000
Est. Payment: $5,011/mo
Adjust down payment, rate & terms
Black Mountain, NC 28711
5
bedrooms
0
baths
2,316
sq.ft.
$421
price per sf
Presented By
Carnarri Cofield
REALTOR®
Listings courtesy of Canopy MLS as distributed by MLS GRID
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Heartwood Realty LLC
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. 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.
$975,000
33 Vance Avenue
5 bed, 0 bath