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Multi family home for sale at 416 S Cherokee Ave, Black Mountain, NC 28711 | MLS# 4331920 | Listing updated on 2026-10-04
Photo 1 of Multi family home for sale at 416 S Cherokee Ave, Black Mountain, NC 28711 | MLS# 4331920 | Listing updated on 2026-10-04
Photo 2 of Multi family home for sale at 416 S Cherokee Ave, Black Mountain, NC 28711 | MLS# 4331920 | Listing updated on 2026-10-04
Photo 3 of Multi family home for sale at 416 S Cherokee Ave, Black Mountain, NC 28711 | MLS# 4331920 | Listing updated on 2026-10-04
Photo 4 of Multi family home for sale at 416 S Cherokee Ave, Black Mountain, NC 28711 | MLS# 4331920 | Listing updated on 2026-10-04
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$799,999

Monthly Est:$3,982

  • Beds Icon4 Beds
  • Beds Icon
    3 Baths
  • Beds Icon2,201sqft

416 S Cherokee Ave, Black Mountain, NC 28711

$3,982/moEst:

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  • Multi Family

  • Built in 1965

  • $-- HOA

  • 0.45 acre lot

  • $363/sq.ft

Description

Two Homes | Multigenerational Living | Proven Short-Term Rental Success

Welcome to a rare and remarkable opportunity in one of Black Mountain’s most sought-after neighborhoods. Ideally situated across from the scenic Black Mountain Golf Course and just a short stroll to Lake Tomahawk—featuring tennis courts, a playground, and a community pool—this property offers more than a home; it offers a lifestyle defined by charm, connection, and natural beauty.

This unique property includes two thoughtfully maintained residences on a single parcel, making it ideal for multigenerational living, an income-producing investment, or a live-and-earn arrangement.

The main home of
fers 1,394 square feet of comfortable, well-designed living space with a functional layout suited for everyday living or long-term rental potential. Privately set just behind, the 807 square foot one-bedroom guest cottage is a proven short-term rental performer. Carefully curated for guest comfort, it has become a favorite retreat for visitors who return year after year to experience the charm of Black Mountain.

Don’t miss this exceptional opportunity to own a versatile property in one of Western North Carolina’s most welcoming and vibrant communities.

  • Houzeo last checked: 1 hour ago
  • Listing updated: October 4, 2026 at 8:06 pm
  • Listing Provided by: Casey Conner (828) 777-0583 | Mosaic Community Lifestyle Realty (828) 707-9556
  • Source: Canopy MLS | MLS#: 4331920 Canopy MLS

Part of

Building
416 S Cherokee Ave
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Buncombe County

  • City

    Black Mountain

  • Neighborhood

    --

  • Year Built

    1965

  • HOA Fees

    -

  • Finished Area

    2,201 sqft

  • Lot Size

    0.45 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Canopy MLS

  • MLS Number

    4331920

  • MLS Status

    Active

  • Days on Market

    286

  • Cumulative Days on Market

    278

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 4

    Bathrooms: 3

Interior

  • Flooring

    Wood

  • Sewer

    Public Sewer

  • Appliances

    Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer

  • Heating

    Electric, Heat Pump

  • Cooling

    Electric, Heat Pump

Construction

  • Year Built

    Year Built: 1965

  • Home type

    Multi Family

  • Roof

    Architectural Shingle

  • Construction Materials

    Brick Partial, Hardboard Siding

  • Foundation Details

    Crawl Space

Utilities & Energy

  • Laundry Features

    Inside

  • Utilities

    Cable Available, Electricity Connected

  • Parking Features

    Driveway

  • Basement

    Basement Garage Door

  • Fireplace Features

    Den

  • Water Source

    City

Other Features

  • Subdivision Name

    Methodist Colony

  • Patio And Porch Features

    Deck, Front Porch

Price History

DateEventPrice

06/12/2026

Source: mls_logoCanopy MLS #CAR4331920

Price Decreased

$799,999 -5.88%

$363/sqft

01/16/2026

Source: mls_logoCanopy MLS #CAR4331920

Price Decreased

$850,000 -5.03%

$386/sqft

12/27/2025

Source: mls_logoCanopy MLS #CAR4330813

Listed for Sale

$895,000

$407/sqft

12/19/2025

Source: mls_logoCanopy MLS #CAR4249629

Listing Removed

$895,000

$407/sqft

05/23/2025

Source: mls_logoCanopy MLS #CAR4249629

Off Market

$895,000 -3.24%

$407/sqft

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Nearby Homes

Based on information submitted to the MLS GRID from Canopy MLS through Oct 12, 2026, 05:16AM. All data is obtained from various sources and may not have been verified by the 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. IDX information is provided exclusively for consumers’ personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties which the consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. ©2026 Canopy MLS. All Rights Reserved.

Advertising Broker: Nicholas Huscroft | Chosen Realty