416 Cherokee Avenue, Black Mountain NC
- 4 Bed
- 3 Bath
- 1394 ft2
- 0.5 ac
For Sale $895,000
Remarks:
TWO HOMES! Multi Generational Living! Proven STR Success! Welcome to a truly special find in one of Black Mountain’s most beloved neighborhoods. Nestled just across from the scenic Black Mountain Golf Course and a leisurely stroll to Lake Tomahawk-tennis, playground, and pool, this property offers not just a home—but a lifestyle rooted in community, nature, and charm. This unique offering includes two beautifully maintained homes on one property, making it perfect for multigenerational living, a savvy investment, or a live-and-earn setup. The main home features 1,394 sq ft of inviting space with an easy, flowing layout ideal for everyday comfort or long-term rental. Tucked just behind it is an 807 sq ft one-bedroom guest cottage, currently a thriving Airbnb. Thoughtfully designed for short-term rental success, a favorite for guests who return year after year to experience the magic of Black Mountain. Don’t miss your chance to own a little piece of one of Western North Carolina’s most welcoming communities.
General Information:
| List Price: | $895,000 |
| Status: | For Sale |
| Bedrooms: | 4 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1394 sqft |
| Parking: | Driveway, Detached Garage |
| MLS Number: | CAR4249629 |
| Subdivision: | Methodist Colony |
| Bathrooms: | 3 |
| Lot Description: | Level, Wooded |
| Year Built: | 1965 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Black Mountain |
| Middle: | Charles D Owen |
| High: | Charles D Owen |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 10-22-2025 | Price Decrease | $895,000-3.24% | $643 |
| 07-10-2025 | Listed | $925,000 | $664 |
Nearby Schools
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 | 10 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.
Properties For Sale Nearby
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 |
| 416 Cherokee Avenue, Black Mountain NC | 0 mi | $895,000 | days | |
| 408 Oconeechee Avenue, Black Mountain NC | 0.1 mi | $899,000 | days | |
| 508 Oconeechee Avenue, Black Mountain NC | 0.1 mi | $590,000 | days | |
| 506 Hiawassee Avenue, Black Mountain NC | 0.1 mi | $895,000 | days | |
| 411 Hiawassee Avenue, Black Mountain NC | 0.1 mi | $340,000 | days | |
| 597 Tomahawk Avenue, Black Mountain NC | 0.2 mi | $789,000 | days |
Sold Properties Nearby
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 |
Commute Distance & Time
Powered by Google Maps
Mortgage Calculator
$
%
%
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
$
|
| H.O.A. / Maintenance |
$
|
| Property Insurance |
$
|
| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28711
|
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.
Property Listing Information
A Courtesy Listing Provided By Nest Realty Asheville
416 Cherokee Avenue, Black Mountain NC is a 1394 ft2 on a 0.450 acres lot. This is for $895,000. This has 4 bedrooms, 3 baths, and was built in 1965.
Based on information submitted to the MLS GRID as of 2025-07-10 11:00:32 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.
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.
Share
