14 Penelope Street
$665,000
3 bd 3 ba 1,500 sqft
14 Penelope Street
Black Mountain, NC 28711
Property Type
Residential
Year Built
1965
Lot Size
0.47 acres
Garage
1 spaces

About This Property

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.

Property Details

Interior

Bedrooms
3
Bathrooms
3
Basement
Yes
Living Area
1,500 sqft

Exterior & Lot

Lot Size
0.47 acres
Year Built
1965
Garage Spaces
1

Location

Subdivision
none
County
Buncombe
ZIP Code
28711

Financial

Listing Terms
Cash, Conventional, VA Loan

Utilities

Sewer
Public Sewer

Schools

Elementary
Black Mountain
Middle School
Charles D Owen
High School
Charles D Owen

Appliances

Electric Oven, Electric Range, Electric Water Heater, Refrigerator

Heating

Forced Air, Heat Pump, Oil

Cooling

Ceiling Fan(s), Central Air, Heat Pump

Patio & Porch Features

Covered, Front Porch, Side Porch

Lot Features

Corner Lot, Private, Wooded

Location

Listing Information

MLS #
CAR4394587
Listing Agent
Eddie Colley
Listing Office
Keller Williams Professionals
Listed Date
Jun 27, 2026
Jonathan Jackson
Jonathan Jackson
Realtor®, Broker in Charge

Contact Jonathan Jackson About This Property

Interested in 14 Penelope Street? Send us a message and we'll get back to you.

Your information will be kept confidential and used only to respond to your inquiry.