For Sale $325,000
This classic two-story Montreat home, built in 1918, is full of rustic charm. Nestled on a .53-acre lot near the Assembly Inn, Lake Susan, and Montreat Conference Center, it offers easy access to scenic hiking trails and peaceful lakeside views. The inviting upper and lower porches are perfect for enjoying the mountain air. While the interior could benefit from updates and winterization, it offers the chance to preserve historic character and add your personal touch. Just minutes from downtown Black Mountain and 20 minutes to Asheville and the Biltmore Estate, the location provides both tranquility and convenience. The home does not currently have parking directly off South Carolina Terrace, but parking is available a short walk away. Options exist to create on-site parking by grading the hillside or adding a driveway with retaining walls. The town of Montreat requires parking be established prior to renovation permitting. A rare opportunity to restore a piece of Montreat history.
| List Price: | $325,000 | 
| Status: | For Sale | 
| Bedrooms: | 3 | 
| Type: | Single Family Residence | 
| Parking: | None | 
| MLS Number: | CAR4277400 | 
| Subdivision: | none | 
| Bathrooms: | 3 | 
| Year Built: | 1918 | 
| Sewer Type: | Public Sewer | 
| Elementary: | Black Mountain | 
| Middle: | Charles D Owen | 
| High: | Charles D Owen | 
 
        These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating | 
| ArtSpace Charter School | 8 miles | KG-06 | 8 | 
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 | 
| 408 South Carolina Terrace, Montreat NC | 0 mi | $325,000 | days | |
| 328 Texas Road, Montreat NC | 0.3 mi | $399,000 | days | |
| 371 Oklahoma Road, Montreat NC | 0.3 mi | $1,750,000 | days | |
| 285 Chapman Road, Montreat NC | 0.5 mi | $1,776,000 | days | |
| 223 Assembly Drive, Montreat NC | 0.5 mi | $845,000 | days | |
| 131 John Knox Road, Montreat NC | 0.9 mi | $895,000 | 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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| Total Monthly Payment | $20,941 | 
| Occupancy Types | 
| 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 GreyBeard Realty
408 South Carolina Terrace, Montreat NC is a 0 ft2 on a 0.530 acres Appraisal lot. This is for $325,000. This has 3 bedrooms, 3 baths, and was built in 1918.
 Based on information submitted to the MLS GRID as of 2025-07-25 09:01:09 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.
                        Click here for more information
                        Based on information submitted to the MLS GRID as of 2025-07-25 09:01:09 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.
                        Click here for more information
Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.