Home on property of no value
Come build your dream in Black Mountain!  Just minutes to downtown
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$225,000

Black Mountain, NC 28711
Listed by Clarissa Marshall · EXP Realty LLC
Bedrooms
2
Bathrooms
1
Living area
N/A
Year built
1900

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 two-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 #
CAR4372235
Property type
Single Family Residence
Subdivision
Grove Park
Status
Active
Days on market
18
On market date
April 30, 2026
Stories
N/A
Garage spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Black Mountain Elementary
1.42 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
2.15 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
12.64 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

Mortgage calculator

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Est. monthly payment
$1,505/mo
$45,000 down
$180,000 loan
Principal & interest$1,167
Property tax (est.)$188
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated May 18, 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.