+43 more
/ 48
+38
$665,000
3 bd
2 ba
1,114 sqft
14 Penelope Street
Black Mountain, NC 28711
3 days on market
Property Type
Residential Income
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.
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
- 2
- Basement
- Yes
- Living Area
- 1,114 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 #
- CAR4398286
- Listing Agent
- Eddie Colley
- Listing Office
- Keller Williams Professionals
- Listed Date
- Jun 27, 2026
Contact Jonathan Jackson About This Property
Interested in 14 Penelope Street? Send us a message and we'll get back to you.