8 Beds

4 Full baths

3,048 SqFt


Excellent investment opportunity combining four renovated cash flowing A-frame vacation rentals with the vacant land across totaling two acres just half a mile from Downtown Black Mountain. Neighborhood mixed use zoning allows for numerous options to increase the already excellent revenue stream. Seller has preliminary 10-lot subdivision on file w/ most due diligence already done on the land. Or, potential buyer can get creative with one of the many other residential or light commercial uses allowed for the land. The A-frame vacation rental properties are fully furnished and provisioned with hundreds of 5-star reviews on Airbnb -a super efficient turn-key business. It even includes a stocked supply shed and a service in place with a solar powered laundromat that picks up and delivers linens to make turnovers between guests a breeze. The property is walkable via greenway to town and just 1 mile from Lake Tomahawk. Property has endless potential in a growing and thriving mountain town.

Property Details
Price $2,349,000
Bedrooms 8
Full Baths 4
Half Baths 0
Lot Size Area 2
Lot Size Area Units Acres
Property Type MultiFamily
MLS Sub type Portfolio
Features Split Bedroom, Vaulted Ceiling(s)
Year Built 1964
Roof Metal
Heating Ductless
Foundation Slab
Laundry Features Electric Dryer Hookup, Washer Hookup
Parking Description Driveway
Geographic Data
Directions From Asheville take I-40 East. Take Exit 64 to Black Mountain. Turn Left onto NC-9 North. Turn Right at 1st Cross Street onto Sutton Ave. Turn left onto S Ridgeway Ave. Turn Right onto E State Street. Turn Left onto Flat Creek Road. Property will be on Left.
County Buncombe
Latitude 35.622464
Longitude -82.315419
Address Information
Address 103 Flat Creek Road, Black Mountain, NC 28711
Postal Code 28711
City Black Mountain
State NC
Country United States
Listing Information
Listing Office Mosaic Community Lifestyle Realty
Listing Office Phone 828-707-9556
Listing Agent Caley Bowman
Listing Agent Phone 828-545-5067
Sub Agency Compensation Type %
Buyer Agency Compensation 3
Attribution Contact caley@mymosaicrealty.com
Sub Agency Compensation 0
Buyer Agency Compensation Type %
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions None
Terms Cash, Conventional
Virtual Tour URL https://vimeo.com/869313801
School Information
Elementary School Black Mountain
Middle School Charles D Owen
High School Charles D Owen
MLS Information
Days on market 0
MLS Status Active
Listing Date Mar 13, 2024
Listing Last Modified Mar 13, 2024
Tax ID 061947899200000
MLS # CAR4117888

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This information is believed to be accurate, but without any warranty.