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$358,900

Black Mountain, NC 28711
Listed by David Begley · GreyBeard Realty
Bedrooms
2
Bathrooms
1.5
Living area
872 sqft
Year built
1986

About this home

$56K+ Instant Equity! Eclectic Asheville area Log Cabin – Major Price Drop & No HOA! Priced for immediate action at $358,900—well below its July 2023 appraised market value of $415,000! This private, beautifully maintained log cabin offers the ultimate blend of mountain lifestyle and strong income potential with NO HOA fees. This cozy 2BR/1.5BA retreat features privacy, seasonal long range mountain views, an authentic stone fireplace, a newer premium hot tub under dark starry skies, and a classic red metal roof. It serves as the perfect personal vacation spot while doubling as a high-performing short-term rental to offset a mortgage or generate passive wealth. Financially resilient with a strong historical track record, this property provides a rare value-add opportunity. Buyers gain a massive operational advantage: the owner’s established, highly valued property management, maintenance, where housekeeping team is committed to staying on for a seamless, day-one transition. Offered fully furnished and turnkey. Minutes from Lake Lure and (rebuilding) Chimney Rock, with scenic drives to downtown Asheville, Black Mountain, Hendersonville, and Tryon. Fast access to I-40, I-26, US-74/64, and Asheville Regional Airport. This motivated seller opportunity will not last—schedule your showing today!

Highlights

Fireplace

Property details

MLS #
CAR4328828
Property type
Single Family Residence
Subdivision
None
Status
Active
Days on market
138
On market date
February 7, 2026
Stories
N/A
Total bathrooms
1.5
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Black Mountain Elementary
10.38 mi away · Grades 4-5
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
146
Student:teacher ratio
11.2:1
District
Buncombe County Schools
Middle
Owen Middle
10.72 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
457
Student:teacher ratio
13.4:1
District
Buncombe County Schools
High
Early College
17.18 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
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).

15
Very car-dependent
out of 100
EPA National Walkability Index
5.0 / 20 -- Least walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Black Mountain, from live MLS data.

On the market 138 days -- 2 more days than Black Mountain's current average of 136 days.
For reference, the median list price across 246 active listings in Black Mountain right now is $409,798.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$2,311/mo
$71,780 down
$287,120 loan
Principal & interest$1,862
Property tax (est.)$299
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 25, 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.