For Sale $240,000
Unlock the potential in one of Black Mountain’s most versatile investment opportunities. Situated a hop, skip, and a jump from charming downtown Black Mountain, this property combines an ideal location with sought-after HB-8 (Highway Business) zoning, creating possibilities beyond traditional residential use (buyer to verify intended use with the Town of Black Mountain). Whether you’re envisioning a boutique professional office, accountant or CPA practice, attorney’s office, design studio, consulting business, wellness services, retail concept, or a live/work investment, this property offers flexibility. The existing structure is ready for your vision, making it an excellent value-add project for those looking to renovate, reposition, or redevelop. Properties with commercial zoning at this price point are increasingly difficult to find in the Black Mountain market. Convenient access to I-40, Asheville, and downtown Black Mountain adds to its long-term investment appeal. Bring your creativity and transform this property into your next successful venture.
| List Price: | $240,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1524 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4405716 |
| Subdivision: | none |
| Bathrooms: | 2 |
| Lot Description: | Cleared |
| Year Built: | 1915 |
| Sewer Type: | Public Sewer |
| Elementary: | Black Mountain |
| Middle: | Charles D Owen |
| High: | Charles D Owen |
| Date | Event | Price | $/SQFT |
| 07-23-2026 | Listed | $240,000 | $158 |
| 01-24-2026 | Price Increase | $560,000+0.54% | $368 |
| 01-07-2026 | Price Decrease | $557,000-1.42% | $366 |
| 12-10-2025 | Price Decrease | $565,045-1.67% | $371 |
| 11-15-2025 | Price Decrease | $574,635-4.21% | $378 |
| 10-17-2025 | Listed | $599,865 | $394 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| ArtSpace Charter School | 7 miles | KG-06 | 8 |
| Fairview Elementary | 9 miles | KG-05 | 7 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 114 Old State Ten Road, Black Mountain NC | 0 mi | $240,000 | days | |
| 215 Old US 70 Highway, Black Mountain NC | 0.1 mi | $375,000 | days | |
| 28 Pearl Street, Black Mountain NC | 0.1 mi | $575,000 | days | |
| 213 Old State Ten Road, Black Mountain NC | 0.2 mi | $335,000 | days | |
| 211 Ruby Avenue, Black Mountain NC | 0.2 mi | $685,000 | days | |
| 11 Pearl Street, Black Mountain NC | 0.2 mi | $353,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By RE/MAX Executive
114 Old State Ten Road, Black Mountain NC is a 1524 ft2 on a 0.290 acres lot. This is for $240,000. This has 3 bedrooms, 2 baths, and was built in 1915.
Based on information submitted to the MLS GRID as of 2026-07-23 04:47:05 EST. 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. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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