Black Mountain · Black Mountain, NC
407 Hiawassee Avenue
Black Mountain, NC · 1,492 sqft
$609,000
Reduced from $615,000
- 3Beds
- 3Baths
- 1,492SqFt
- 1962Year
- 39Days on market
About this home
Welcome to a thoughtfully updated 1962 bungalow in the heart of Black Mountain. Conveniently located just minutes from downtown this property offers character, flexibility and exceptional value. The exceptional value lies in an adorable detached tiny home (ADU 331 sq ft) offering potential for your creative use. The tiny house has a loft space accessed by a ladder. It has its own stack-able laundry as well. The owners have invested significantly in the main home's improvement from foundation to fixtures. A favorite improvement is the addition of the covered front porch. An ideal place to sit and enjoy the mountain air. The former carport has been fully enclosed providing even more possibilities! This space (380 sq ft) is complete with a full bathroom, sink, cabinets and full size stack-able laundry. Whether you envision a home office, art studio, fitness space, guest suite or additional living space (subject to any applicable short term/long term regulations), this space is ready to adapt! Enjoy outdoor living with room to relax and entertain, all while being just minutes from local restaurants, breweries, shops, parks and hiking trails. Do a daily walk and complete some laps around Lake Tomahawk! Whether you're looking for a primary residence with income potential or a property that offers incredible flexibility this one is ready for you!
Property details
- Beds
- 3
- Baths
- 3
- SqFt
- 1,492
- Lot
- —
- Year built
- 1962
- Type
- Single Family
- Days on market
- 39
- Style
- Bungalow
- Heating
- Central, Ductless
- Cooling
- Central Air, Ductless
- Foundation
- Crawl Space
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$4,406/ month
- Principal & interest
- $3,771
- Property tax (~0.90%)
- $456
- Homeowners insurance
- $177
- HOA dues
- —
Down payment
$30,450 down · $578,550 financed
Income to qualify (28% rule)
~$188,832 / 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.