$199,000
About this home
Attention builders, developers, and investors—don’t miss this rare opportunity in the heart of Black Mountain. Tucked away on a quiet, low-traffic street, this private, wooded property is just moments from Lake Tomahawk and the charm of downtown. With public utilities available and short-term rentals allowed, the possibilities here are abundant. Preliminary guidance suggests potential for up to three build sites (buyer to confirm), making this an ideal candidate for an investment project. The surrounding area offers an inviting lifestyle with nearby golf, tennis, sports fields, and a thriving downtown filled with beloved restaurants, breweries, coffee shops, and boutiques. Asheville is just a short 20-minute drive away. The existing structure is likely a teardown.
Property details
- MLS
- Canopy MLS
- MLS #
- CAR4377444
- Property type
- Acreage
- Subdivision
- Grove Park
- Status
- Active
- Days on market
- 80
- On market date
- May 3, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- N/A
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 146
- Student:teacher ratio
- 11.2:1
- District
- Buncombe County Schools
- Enrollment
- 457
- Student:teacher ratio
- 13.4:1
- District
- Buncombe County Schools
- Enrollment
- 278
- Student:teacher ratio
- 25.3:1
- District
- Buncombe County Schools
Walkability
Blended score for Black Mountain's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Black Mountain, from live MLS data.
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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated July 22, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.