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$675,000

For Sale

6 days ago

169 and 171 Cragmont Road, Black Mountain, NC

House

MLS® 4416488

4 Bed

3 Bath

1516 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 1516 sqft
Garage 
Taxes 
Days Active 5
Lot Size 0.2 Acres
Approx. Age 1954
Avg. Price Per Sqft $445
MLS® Number 4416488

Property Address: 169 and 171 Cragmont Road, Black Mountain, NC, 28711

Average square foot calculated using Size range provided by listing agent.

Description

Location, flexibility, and investment potential come together just one block from Lake Tomahawk in the heart of Black Mountain. This unique property offers three separate residences on approximately .20 acres, creating a rare opportunity for an investor, owner-occupant, or multi-generational living. 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.
MLS® Number4416488
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1954
BasementExterior Entry, Walk-Out Access
DrivewayAssigned
Garage Spaces
HeatDuctless, Electric, Heat Pump
A/CDuctless

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 21, 2026List Date
$675,000List Price

Home Appraisal

This property is estimated to sell between: $615,000 and $705,000.
Similar properties in this area sold on average for: $615,990
Expected to sell in 79 days. Similar properties sold in 84 days. This home has been on eXp Realty for 5 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
169 and 171 Cragmont Road, Black Mountain, NC

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