416 Cherokee Avenue
$850,000
4 bd 3 ba 2,201 sqft
416 Cherokee Avenue
Black Mountain, NC 28711
107 days on market
Property Type
Residential Income
Year Built
1965
Lot Size
Garage
1 spaces

About This Property

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 offers 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.

Property Details

Interior

Bedrooms
4
Bathrooms
3
Living Area
2,201 sqft

Exterior & Lot

Year Built
1965
Garage Spaces
1

Location

Subdivision
Methodist Colony
County
Buncombe
ZIP Code
28711

Financial

Listing Terms
Cash, Conventional

Utilities

Utilities
Cable Available, Electricity Connected
Sewer
Public Sewer

Schools

Elementary
Black Mountain
Middle School
Charles D Owen
High School
Charles D Owen

Appliances

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

Patio & Porch Features

Deck, Front Porch

Location

Listing Information

MLS #
CAR4331920
Listing Agent
Casey Conner
Listing Office
Mosaic Community Lifestyle Realty
Listed Date
Mar 15, 2026
Scott Beattie
Scott Beattie
Realtor®, Broker Associate

Contact Scott Beattie About This Property

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