Listing provided courtesy of Mosaic Community Lifestyle RealtyMLS# 4330813MLS ProviderContact Information: [email protected]
  • 184 days on site
  • 0 views

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.

Source: Canopy MLS, MLS#: 4330813

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  • Property Type
    Residential

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Ivester Jackson Christie's

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  • Median Age
    55
  • Population Density
    130
  • College Educated
    58%
  • Estimated Median Income
    $54,808
  • Estimated Total Home Owners
    3,827
  • Estimated Total Renters
    1,923
  • Owner / Renter Divide
    67% / 33%
  • Estimated Average Household Size
    2
  • Total Population
    13,018
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 416 S Cherokee Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/12/2026Source: Canopy MLS Price Reduction
$799,999 -5.9%
6/12/2026Source: Canopy MLS Price Reduction
$799,999 -5.9%
1/16/2026Source: Canopy MLS Price Reduction
$850,000 -5.0%
1/16/2026Source: Canopy MLS Price Reduction
$850,000 -5.0%
12/30/2025Source: Canopy MLS Added to Database
December 30, 2025
12/27/2025Source: Canopy MLS Added to Database
December 27, 2025