169 and 171 Cragmont Road, Black Mountain, NC 28711
Local realty services provided by:CENTURY 21 Town & Country Realty
Listed by: mary noble braden, holly lindsey
Office: noble & company realty
MLS#:4416488
Source:CH
169 and 171 Cragmont Road,Black Mountain, NC 28711
$599,000
- 4 Beds
- 3 Baths
- 1,516 sq. ft.
- Multi-family
- Active
Price summary
- Price:$599,000
- Price per sq. ft.:$395.12
About this home
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....
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Home facts
- Year built:1954
- Listing ID #:4416488
- Updated:October 22, 2026 at 01:22 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Kitchen Description:Electric Oven, Electric Range, Refrigerator
- Basement:Yes
- Living area:1,516 sq. ft.
Heating and cooling
- Cooling:Ductless, Heat Pump
- Heating:Ductless, Heat Pump
Structure and exterior
- Year built:1954
- Building area:1,516 sq. ft.
- Lot area:0.2 Acres
- Lot Features:Level, Sloped, Views
- Architectural Style:Cottage
- Construction Materials:Wood
- Foundation Description:Basement, Crawl Space
Schools
- High school:Charles D Owen
- Elementary school:Black Mountain
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$599,000
- Price per sq. ft.:$395.12
Features and amenities
- Laundry features:In Basement
Parking
- Parking description:Assigned
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