Black Mountain · Black Mountain, NC
17 Chicago Avenue
Black Mountain, NC
$199,000
Reduced from $225,000
- 2Beds
- 1Baths
- 0SqFt
- 1900Year
- 83Days on market
About this home
Attention builders, developers, and investors—don’t miss this rare opportunity in the heart of Black Mountain. Tucked away on a quiet, low-traffic street, this private, wooded property is just moments from Lake Tomahawk and the charm of downtown. With public utilities available and short-term rentals allowed, the possibilities here are abundant. Preliminary guidance suggests potential for up to two-three build sites (buyer to confirm), making this an ideal candidate for an investment project. The surrounding area offers an inviting lifestyle with nearby golf, tennis, sports fields, and a thriving downtown filled with beloved restaurants, breweries, coffee shops, and boutiques. Asheville is just a short 20-minute drive away. The existing structure is likely a teardown.
Property details
- Beds
- 2
- Baths
- 1
- SqFt
- 0
- Lot
- —
- Year built
- 1900
- Type
- Single Family
- Days on market
- 83
- Heating
- None
- Cooling
- None
- Foundation
- Slab
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$1,439/ month
- Principal & interest
- $1,232
- Property tax (~0.90%)
- $149
- Homeowners insurance
- $58
- HOA dues
- —
Down payment
$9,950 down · $189,050 financed
Income to qualify (28% rule)
~$61,703 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.