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416 S Cherokee Avenue, 
Black Mountain, NC 28711

$850,000

4

Beds

3

Baths

2,201

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

Casey Conner

Mosaic Community Lifestyle Realty

Last updated:

January 16, 2026, 05:24 PM

MLS#

4331920

Source:

CH

About This Home

416 S Cherokee Avenue

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.

Home Facts

Multi-Family

3 Baths

4 Bedrooms

Built in 1965

Price Summary

850,000

$386 per Sq. Ft.

MLS #:

4331920

Last Updated:

January 16, 2026, 05:24 PM

Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,201 Sq. Ft.

Structure

Structure

Building Area:

2,201 Sq. Ft.

Year Built:

1965

Lot

Lot Size (Sq. Ft):

19,602

Finances & Disclosures

Finances

Price:

$850,000

Price per Sq. Ft:

$386 per Sq. Ft.

MLS Logo
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.