169 and 171 Cragmont RD Black Mountain, NC 28711
4 Beds
3 Baths
1,516 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Portfolio
Listing Status Active
Purchase Type For Sale
Square Footage 1,516 sqft
Price per Sqft $445
MLS Listing ID 4416488
Style Cottage,Other
Bedrooms 4
Full Baths 3
Abv Grd Liv Area 1,254
Year Built 1954
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Portfolio
Property Description
The property includes a charming detached 1-bedroom, 1-bath cottage at 169 Cragmont Road, plus a duplex at 171 Cragmont Road featuring a 1-bedroom, 1-bath residence and a 2-bedroom, 1-bath residence. The 2-bedroom unit has been recently remodeled with a fresh, updated interior. Altogether, the property provides 4 bedrooms and 3 bathrooms across three individual living spaces, offering tremendous versatility.
Live in one and generate income from the others, maintain all three as long-term rentals, or explore the potential for short-term/vacation rental use. The flexible configuration provides multiple possibilities for both personal use and income generation.
And the location is hard to beat—one block from Lake Tomahawk, steps from the tennis courts, and an easy walk to downtown Black Mountain with its locally owned shops, restaurants, breweries, coffee shops, and vibrant small-town atmosphere. Enjoy morning walks around the lake, afternoons on the courts, and evenings downtown without ever needing to get in the car.
Three residences. One exceptional Black Mountain location. A truly unique opportunity for income, flexibility, and mountain-town living.
Location
State NC
County Buncombe
Zoning UR8
Rooms
Basement Exterior Entry, Walk-Out Access
Interior
Heating Ductless, Electric, Heat Pump
Cooling Ductless
Appliance Electric Oven, Electric Range, Refrigerator
Laundry In Basement, In Unit
Exterior
Fence Back Yard
Utilities Available Electricity Connected
Street Surface Dirt,Gravel,Paved
Garage false
Building
Lot Description Level, Sloped, Views
Dwelling Type Site Built
Foundation Basement, Crawl Space
Sewer Public Sewer
Water City
Architectural Style Cottage, Other
Structure Type Block,Wood
New Construction false
Schools
Elementary Schools Black Mountain
Middle Schools Charles D Owen
High Schools Charles D Owen
Others
Pets Allowed Conditional
Senior Community false
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Subject to Lease, None
Nearby Locations