For Sale $615,000
Welcome to a thoughtfully updated 1962 bungalow in the heart of Black Mountain. Conveniently located just minutes from downtown this property offers character, flexibility and exceptional value. The exceptional value lies in an adorable detached tiny home (ADU 331 sq ft) offering potential for your creative use. The tiny house has a loft space accessed by a ladder. It has its own stack-able laundry as well. The owners have invested significantly in the main home's improvement from foundation to fixtures. A favorite improvement is the addition of the covered front porch. An ideal place to sit and enjoy the mountain air. The former carport has been fully enclosed providing even more possibilities! This space (380 sq ft) is complete with a full bathroom, sink, cabinets and full size stack-able laundry. Whether you envision a home office, art studio, fitness space, guest suite or additional living space (subject to any applicable short term/long term regulations), this space is ready to adapt! Enjoy outdoor living with room to relax and entertain, all while being just minutes from local restaurants, breweries, shops, parks and hiking trails. Do a daily walk and complete some laps around Lake Tomahawk! Whether you're looking for a primary residence with income potential or a property that offers incredible flexibility this one is ready for you!
| List Price: | $615,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1112 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4406378 |
| Subdivision: | Methodist Colony |
| Style: | Bungalow |
| Bathrooms: | 2 |
| Year Built: | 1962 |
| Sewer Type: | Public Sewer |
| Elementary: | Black Mountain |
| Middle: | Charles D Owen |
| High: | Charles D Owen |
| Date | Event | Price | $/SQFT |
| 08-12-2026 | Listed | $615,000 | $554 |
| 11-03-2025 | Under Contract | $400,000 | $360 |
| 10-22-2025 | Listed | $400,000 | $360 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| ArtSpace Charter School | 6 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 | 10 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 |
| 407 Hiawassee Avenue, Black Mountain NC | 0 mi | $615,000 | days | |
| 15 Tudor Way, Black Mountain NC | 0.1 mi | $449,500 | days | |
| 22 Tudor Way, Black Mountain NC | 0.1 mi | $749,900 | days | |
| 505 Oconeechee Avenue, Black Mountain NC | 0.1 mi | $865,000 | days | |
| 25 Byrd Road, Black Mountain NC | 0.1 mi | $399,999 | days | |
| 12 Jubilee Circle, Black Mountain NC | 0.1 mi | $399,900 | 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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| 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 Howard Hanna Beverly-Hanks Freestone Properties
407 Hiawassee Avenue, Black Mountain NC is a 1112 ft2 on a 0.180 acres Appraisal lot. This is for $615,000. This has 3 bedrooms, 2 baths, and was built in 1962.
Based on information submitted to the MLS GRID as of 2026-08-12 03:15:18 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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