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416 S Cherokee Avenue

Black Mountain, NC 28711
$850,000
Community: Methodist Colony
4 Bed
3 Baths
0 Half Baths
0 SqFt
0.45 Acres

Two Homes | Multigenerational Living | Proven Short-Term Rental Success Welcome to a rare and remarkable opportunity in one of Black Mountain’s most sought-after neighborhoods. Ideally situated across from the scenic Black Mountain Golf Course and just a short stroll to Lake Tomahawk—featuring tennis courts, a playground, and a community pool—this property offers more than a home; it offers a lifestyle defined by charm, connection, and natural beauty. This unique property includes two thoughtfully maintained residences on a single parcel, making it ideal for multigenerational living, an income-producing investment, or a live-and-earn arrangement. The main home offers 1,394 square feet of comfortable, well-designed living space with a functional layout suited for everyday living or long-term rental potential. Privately set just behind, the 807 square foot one-bedroom guest cottage is a proven short-term rental performer. Carefully curated for guest comfort, it has become a favorite retreat for visitors who return year after year to experience the charm of Black Mountain. Don’t miss this exceptional opportunity to own a versatile property in one of Western North Carolina’s most welcoming and vibrant communities.

Greg Palombi
Broker | REALTOR®

Interested in making this property yours? I’d love to help you take the next step.

Presented by: Casey Conner
Listed by: Mosaic Community Lifestyle Realty

MLS: 4331920
Listing status: Active
Days on market: 110

Based on information submitted to the MLS GRID as of 2026-02-05 at 1:45PM. 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. Properties may or may not be listed by the office/agent presenting the information.

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Foundation:
Crawl Space
Garage:
Driveway
Flooring:
Wood
Roof:
Architectural Shingle
Heating:
Electric,Heat Pump
Cooling:
Electric,Heat Pump
Water:
City
Sewer:
Public Sewer
Year Built:
1965