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416 S Cherokee Avenue

Black Mountain, NC 28711
$850,000
Community: Methodist Colony
4 Bed
3 Baths
0 Half Baths
0 SqFt
0.45 Acres

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.

Greg Palombi
Broker | REALTOR®

Interested in making this property yours? I’d love to help you take the next step.

Presented by: Casey Conner
Listed by: Mosaic Community Lifestyle Realty

MLS: 4331920
Listing status: Active
Days on market: 87

Based on information submitted to the MLS GRID as of 2026-02-05 at 1:45PM. 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.

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Foundation:
Crawl Space
Garage:
Driveway
Flooring:
Wood
Roof:
Architectural Shingle
Heating:
Electric,Heat Pump
Cooling:
Electric,Heat Pump
Water:
City
Sewer:
Public Sewer
Year Built:
1965