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1114 Montreat Road, Black Mountain, NC 28711
$1,299,000
1114 Montreat Road, Black Mountain, NC 28711View this property at 1114 Montreat Road, Black Mountain, NC 28711
1114 Montreat RoadBlack MountainNC28711
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Property Description
Unique commercial or re-development opportunity. Previously used as an assisted living facility, the 12,855 sf main building (with 26 bedrooms, 14 full baths, 5 half baths) and 1328 sf house sit on nearly 2 acres along Flat Creek. Recently re-zoned to UR-8 (up to 8 lots per acre), the land is nearly flat. The building is in fair condition but needs updating. House has been gutted; both could be renovated to accommodate a variety of potential uses, or raze the buildings and create a creekfront residential development a mile from downtown. Road frontage with public sidewalk. Permitted Uses include Shared housing/Community living facilities, Single-family, duplexes, gov't facilities, and places of worship. Special Uses (permit required) include Conservation Subdivision, Cottage Housing Subdivision, Residential PUD, MHP, and Multi-family. Other potential uses (with added requirements) include Boarding House, Family Care Home, Agriculture, and B&B. Portion of property in flood plain.
Full Property Details
Full Property Details for 1114 Montreat Rd
General
- Price: $1,299,000
- Status: Active
- Type: Commercial
- MLS ID: 4000302
- Updated: 11/14/2023
- Added to Site: 464 day(s) ago
Interior
- Flooring: Concrete
Parking
- Parking Features: Parking Lot
Location
- County: Buncombe
- Driving Directions: I-40, Exit 64/Hwy 9. Travel north for 1.7 miles. Property is on the right.
- City Limits: Yes
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Cable Connected, Electricity Connected
Structural Information
- # Buildings: 2
- Construction Status: Completed
- Construction: Site Built
- Exterior Const.: Cedar Shake, Concrete
- Basement: Yes
- Basement Desc.: Daylight, Exterior Entry, Interior Entry, Partial, Unfinished
- Roof: Composition
- Minimum Avail: 14,183 Sq. Ft.
- Year Built: 1963
Lot Features
- Street/Road Desc.: Paved
- Elevation (Approx.): 2000
- Lot Features: Creek Front, Flood Plain/Bottom Land, Infill Lot, Level, Paved, Creek/Stream
- Rcmdd Zoning: UR-8
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: No Representation
- Inclusions: Building, Equipment, Fixtures, Land
- Property ID: 0710-41-7795-00000
- Lot Number: 5843-558
Listed by Freestone Properties
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Schools
Schools serving 1114 Montreat Rd
School District:Buncombe County Schools
Rating | Name | Grades | Distance |
---|---|---|---|
100 Flat Creek Rd, Black Mtn, NC 28711 | 4-5 | 0.8 mi | |
301 E State St, Black Mtn, NC 28711 | K-3 | 0.9 mi | |
730 Old Us 70 Hwy, Swannanoa, NC 28778 | 6-8 | 3.8 mi | |
99 Lake Eden Rd, Black Mtn, NC 28711 | 9-12 | 3.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1114 Montreat Rd
Date
Details
Price
Change
Source
2/11/2023
Listed
$1,299,000
621.67%
MLS
12/10/2019
Sold
$180,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1114 Montreat Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,871
3%
$228,500
—
2022
$1,814
24%
$228,500
24%
2021
$1,467
-5%
$184,800
3%
2020
$1,551
-85%
$180,000
-85%
2019
$10,604
—
$1,230,900
—
2018
$10,604
-1%
$1,230,900
—
2017
$10,727
8%
$1,230,900
22%
2015
$9,910
—
$1,012,300
—
2014
$9,910
—
$1,012,300
—
2013
$9,910
—
$1,012,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1114 Montreat Rd
1114 Montreat Road, Black Mountain, NC 28711 (MLS# 4000302) is a Commercial property. 1114 Montreat Road is currently listed for $1,299,000 and was received on February 11, 2023. Want to learn more about 1114 Montreat Road? Do you have questions about finding other Commercial real estate for sale in Black Mountain? You can browse all Black Mountain real estate or contact a Coldwell Banker agent to request more information.