For Sale $225,000
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.
| List Price: | $225,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Parking: | Driveway |
| MLS Number: | CAR4372235 |
| Subdivision: | Grove Park |
| Bathrooms: | 1 |
| Year Built: | 1900 |
| Sewer Type: | Other - See Remarks |
| Elementary: | Black Mountain |
| Middle: | Charles D Owen |
| High: | Charles D Owen |
| Date | Event | Price | $/SQFT |
| 05-31-2026 | Listed | $225,000 | N/A |
| 08-11-2025 | Price Decrease | $270,000-3.57% | N/A |
| 07-18-2025 | Listed | $280,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| ArtSpace Charter School | 5 miles | KG-06 | 8 |
| Fairview Elementary | 8 miles | KG-05 | 7 |
| Charles C Bell Elementary | 9 miles | KG-05 | 8 |
| Evergreen Community Charter | 9 miles | KG-06 | 8 |
| Haw Creek 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 |
| 17 Chicago Avenue, Black Mountain NC | 0 mi | $225,000 | days | |
| 116 Craggy Street, Black Mountain NC | 0.1 mi | $725,000 | days | |
| 122 Craggy Street, Black Mountain NC | 0.2 mi | $424,000 | days | |
| 8 Campbell Street, Black Mountain NC | 0.2 mi | $899,000 | days | |
| 25 Weaver Lane, Black Mountain NC | 0.2 mi | $275,000 | days | |
| 1186 Old US 70 Highway, Black Mountain NC | 0.2 mi | $1,500,000 | 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 EXP Realty LLC
17 Chicago Avenue, Black Mountain NC is a 0 ft2 on a 0.770 acres Appraisal lot. This is for $225,000. This has 2 bedrooms, 1 baths, and was built in 1900.
Based on information submitted to the MLS GRID as of 2026-05-31 09:51:32 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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