Portfolio at Black Mountain
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Investment guest house - Black Mountain
Investment guest house - Black Mountain
Investment guest house - Black Mountain
Investment guest house - Black Mountain
Investment guest house - Black Mountain
Investment guest house - Black Mountain
Investment guest house - Black Mountain
Investment guest house - Black Mountain
Investment guest house - Black Mountain
Investment guest house - Black Mountain
48 photos

$665,000

Black Mountain, NC 28711
Listed by Eddie Colley · Keller Williams Professionals
Bedrooms
3
Bathrooms
2.5
Living area
1,114 sqft
Year built
1965

About this home

Rare opportunity to own a fully renovated property just a short walk from charming downtown Black Mountain. Situated on a quiet, private corner lot with no damage from Hurricane Helene, this exceptional offering includes a beautifully updated brick main home and a separate income-producing accessory dwelling unit (ADU), making it ideal for multigenerational living, short- or long-term rental income, or a private guest retreat. The main residence has been thoughtfully transformed from top to bottom, featuring a durable metal roof, new HVAC, updated plumbing, most new electrical, and a newly permitted finished basement that nearly doubles the home's living space. Now offering 3 bedrooms and 2.5 bathrooms, the home blends timeless character with modern finishes throughout. A hidden speakeasy adds a one-of-a-kind entertaining space that is sure to impress family and friends. The detached 2-bedroom, 1-bath ADU has also been completely renovated and has a proven rental history with consistent occupancy, providing immediate income potential. Outside, enjoy mature landscaping, a one-car garage, and parking for four or more vehicles—an uncommon convenience this close to downtown. Whether you're looking for a primary residence with supplemental income, an investment property, or a flexible family compound, this turnkey property offers outstanding value in one of Black Mountain's most desirable walkable locations.

Property details

MLS #
CAR4398286
Property type
Portfolio
Subdivision
none
Status
Active
Days on market
3
On market date
June 27, 2026
Stories
N/A
Total bathrooms
2.5
Garage spaces
1
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
0.74 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
3.44 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
13.84 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
4.8 / 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 3 days -- 133 fewer 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

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Est. monthly payment
$4,155/mo
$133,000 down
$532,000 loan
Principal & interest$3,451
Property tax (est.)$554
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 30, 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.