14 Penelope Street, Black Mountain, NC 28711

$665,000
3
BD
1,114
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$665,000
Status
ACTIVE
Days on Market
63
MLS#
4398286
Year Built
1965
Bedrooms
3
Full Baths
2
Half Baths
1
Living Area
1,114
Lot Size
20,473
Acres
0.47
Neighborhood
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

Appliances
Electric Oven, Electric Range, Electric Water Heater, Refrigerator
Heating
Forced Air, Heat Pump, Oil
Air Conditioning
Ceiling Fan(s), Central Air, Heat Pump
Exterior Construction
Site Built
Roof
Metal
Foundation
Basement
Parking
Driveway, Attached Garage, Garage Faces Side
Garage Spaces
1
Elementary School
Black Mountain
Middle School
Charles D Owen
High School
Charles D Owen
View
Mountain(s), Winter

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

“ Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”

Last Updated:

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks