Property Details
169 an Cragmont Road
Black Mountain
$675,000
MLS Number: 4416488
Status: Active
Description
Location, flexibility, and investment potential come together just one block from Lake Tomahawk in the heart of Black Mountain. This unique property offers three separate residences on approximately .20 acres, creating a rare opportunity for an investor, owner-occupant, or multi-generational living. The property includes a charming detached 1-bedroom, 1-bath cottage at 169 Cragmont Road, plus a duplex at 171 Cragmont Road featuring a 1-bedroom, 1-bath residence and a 2-bedroom, 1-bath residence. The 2-bedroom unit has been recently remodeled with a fresh, updated interior. Altogether, the property provides 4 bedrooms and 3 bathrooms across three individual living spaces, offering tremendous versatility. Live in one and generate income from the others, maintain all three as long-term rentals, or explore the potential for short-term/vacation rental use. The flexible configuration provides multiple possibilities for both personal use and income generation. And the location is hard to beat—one block from Lake Tomahawk, steps from the tennis courts, and an easy walk to downtown Black Mountain with its locally owned shops, restaurants, breweries, coffee shops, and vibrant small-town atmosphere. Enjoy morning walks around the lake, afternoons on the courts, and evenings downtown without ever needing to get in the car. Three residences. One exceptional Black Mountain location. A truly unique opportunity for income, flexibility, and mountain-town living.
Location |
|
|---|---|
| Address | 169 an Cragmont Road Black Mountain |
| County | Buncombe |
Overview |
|
| Bedrooms | 4 |
| Full Bathrooms | 3 |
| Half Bathrooms | 0 |
| Square Feet | 1516 sqft |
| Lot Size | 0.2 acres |
| Year Built | 1954 |
General |
|
| List Price | $675,000 |
| MLS Number | 4416488 |
| Status | Active |
| Office | Noble & Company Realty |
Schools |
|
| Elementary | Black Mountain |
| Middle | Charles D Owen |
| High | Charles D Owen |
Features |
|
| Type | Portfolio |
| Style | Cottage, Other |
| Parking | Assigned |
| Water/Sewer | City |
Listings courtesy of Canopy MLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 09/11/26 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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