14 Penelope Street, Black Mountain, NC 28711

$665,000
3
BD
1,114
SqFt

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Listing courtesy of Keller Williams Professionals. eddie@cottonwoodpropertiesnc.com

List Price
$665,000
MLS#
4398286
Status
ACTIVE
Days on Market
32
Property Type
Residential Income
Year Built
1965
Bedrooms
3
Full Baths
2
Half Baths
1
Lot Size
20,473
Lot Size Area
0.47000000000000003
Living Area
1,114
Sq Ft Total
1114
County
Buncombe
Subdivision
none
Special Conditions
None

Property Description

Rare opportunity to own a fully renovated property just a short walk from charming downtown Black Mountain. Situated on a quiet, private corner lot with no damage from Hurricane Helene, this exceptional offering includes a beautifully updated brick main home and a separate income-producing accessory dwelling unit (ADU), making it ideal for multigenerational living, short- or long-term rental income, or a private guest retreat. The main residence has been thoughtfully transformed from top to bottom, featuring a durable metal roof, new HVAC, updated plumbing, most new electrical, and a newly permitted finished basement that nearly doubles the home's living space. Now offering 3 bedrooms and 2.5 bathrooms, the home blends timeless character with modern finishes throughout. A hidden speakeasy adds a one-of-a-kind entertaining space that is sure to impress family and friends. The detached 2-bedroom, 1-bath ADU has also been completely renovated and has a proven rental history with consistent occupancy, providing immediate income potential. Outside, enjoy mature landscaping, a one-car garage, and parking for four or more vehicles—an uncommon convenience this close to downtown. Whether you're looking for a primary residence with supplemental income, an investment property, or a flexible family compound, this turnkey property offers outstanding value in one of Black Mountain's most desirable walkable locations.

Additional Information

Floor Coverings
Carpet, Linoleum, Wood
Equipment
Electric Oven, Electric Range, Electric Water Heater, Refrigerator
Foundation
Basement
Laundry Location
In Basement
Heating
Forced Air, Heat Pump, Oil
Water
City
Sewer
Public Sewer
Exterior Construction
Brick Full
Roof
Metal
Parking
Driveway, Attached Garage, Garage Faces Side
Driveway
Asphalt, Gravel, Paved
Lot Description
Corner Lot, Private, Wooded
Construction Type
Site Built
Elementary School
Black Mountain
Middle School
Charles D Owen
High School
Charles D Owen
Total Property HLA
1114

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Calculator source: Real Geeks

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