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$850,000

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416 Cherokee

Black Mountain, NC 28711

4

bedrooms

3

baths

1,394

sq.ft.

$610

price per sf

Property TypeResidential
Year Built1965
Days on Market1
Carnarri Cofield

Presented By

Carnarri Cofield

REALTOR®

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.

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: 4
  • Full Baths: 3
  • Half Baths: 0
  • Year Built: 1965
  • Living Area: 1,394 sqft
  • New Construction: No
  • MLS #: 4330813

Additional Home Features

  • Subdivision: Methodist Colony

Association

  • HOA Required: No

Utilities

  • Cable Available
  • Electricity Connected

Interior Features

  • Heating: Electric, Heat Pump
  • Cooling: Electric, Heat Pump
  • Inside

Appliances

  • Dishwasher
  • Disposal
  • Dryer
  • Electric Oven
  • Electric Range
  • Electric Water Heater
  • Refrigerator
  • Washer

Construction Materials

  • Brick Partial
  • Hardboard Siding
  • Foundation: Crawl Space
  • Roof: Architectural Shingle

Cooling

  • Electric
  • Heat Pump

Foundation Details

  • Crawl Space

Heating

  • Electric
  • Heat Pump

Laundry Features

  • Inside

Levels

  • One

Parking Features

  • Driveway
  • Garage Spaces: 1

Exterior Features

  • Fencing: Partial
  • Patio/Porch: Deck, Front Porch

Road

  • Road Responsibility: Publicly Maintained Road
  • Road Surface Type: Gravel, Paved

Sewer

  • Public Sewer

WaterSource

  • City

Architectural Style

  • Bungalow

View

  • Golf Course

Flooring

  • Wood

Fireplace

  • Fireplace: Yes
  • Den

Tax and Financial Info

  • Listing Terms: Cash, Conventional

Location

Schools

Elementary

Unspecified

Middle

Unspecified

High School

Unspecified

LISTING COURTESY OF: MOSAIC COMMUNITY LIFESTYLE REALTY

casey@mymosaicrealty.com

MLS GRID

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 Mosaic Community Lifestyle Realty

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.

Carnarri Cofield

$850,000

416 Cherokee

4 bed, 3 bath