Property Details

416 Cherokee Avenue
Black Mountain
$850,000
MLS Number: 4330813
Status: Active


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.

Location

Address 416 Cherokee Avenue
Black Mountain
Subdivision Methodist Colony
County Buncombe

Overview

Bedrooms 4
Full Bathrooms 3
Half Bathrooms 0
Square Feet 1394 sqft
Lot Size 0.45 acres
Year Built 1965

General

List Price $850,000
MLS Number 4330813
Status Active
Office Mosaic Community Lifestyle Realty

Schools

Elementary Unspecified
Middle Unspecified
High Unspecified

Features

Type Single Family Residence
Style Bungalow
Parking Driveway
Water/Sewer City
Floor Coverings Wood

* Some IDX listings have been excluded from this website
Listings courtesy of Canopy MLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 04/26/26 4:34 pm EST.
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. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2020 Canopy Multiple Listing Services, Inc. All rights reserved.

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