14 Penelope Street, Black Mountain, NC 28711 - Photo 1

1/1

$665,000

Sold
Closed
Single Family
5 Beds
3 Full Baths
1 Partial Bath
1 Car Garage

1/1

Property Description

Rare opportunity to own a fully renovated property just a short walk from charming downtown Black Mountain. Situated on a quiet, private corner lot with no damage from Hurricane Helene, this exceptional offering includes a beautifully updated brick main home and a separate income-producing accessory dwelling unit (ADU), making it ideal for multigenerational living, short- or long-term rental income, or a private guest retreat. The main residence has been thoughtfully transformed from top to bottom, featuring a durable metal roof, new HVAC, updated plumbing, most new electrical, and a newly permitted finished basement that nearly doubles the home's living space. Now offering 3 bedrooms and 2.5 bathrooms, the home blends timeless character with modern finishes throughout. A hidden speakeasy adds a one-of-a-kind entertaining space that is sure to impress family and friends. The detached 2-bedroom, 1-bath ADU has also been completely renovated and has a proven rental history with consistent occupancy, providing immediate income potential. Outside, enjoy mature landscaping, a one-car garage, and parking for four or more vehicles-an uncommon convenience this close to downtown. Whether you're looking for a primary residence with supplemental income, an investment property, or a flexible family compound, this turnkey property offers outstanding value in one of Black Mountain's most desirable walkable locations.

Full Property Details

Full Property Details for 14 Penelope St

General

Sold For: $665,000
Status: Closed
Type: Single Family
Source: Charlotte_Regional_Realtor_Association
MLS ID: 4394587
Added to Site: 104 day(s) ago

Interior

Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
Flooring: Carpet, Linoleum, Wood

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 3
Half Bathrooms: 1
Upper 2 - Full Baths: 1
Main - Full Baths: 2

Bedrooms

Total Bedrooms: 5
Bedrooms Main & Up: 3

Other Rooms

Laundry: In Basement

Parking

Garage: Yes
Garage Spaces: 1
Parking Features: Driveway, Attached Garage, Garage Faces Side

Location

County: Buncombe
Driving Directions: From Asheville, take I-240 E to I-40E to exit 64. Take a left on NC-9 towards Black Mountain/Montreat. Take a right onto Sutton Ave and a left onto S. Ridgeway Ave. Take a left onto 1st St and a right onto Montreat Rd. Take a left onto W. Cotton Ave and a right onto Penelope St. The homes will be on your left.

School Information

Elementary School: Black Mountain
Middle School: Charles D Owen
High School: Charles D Owen

Heating & Cooling

Cooling Type: Ceiling Fan(s), Central Air, Heat Pump
Heating Type: Forced Air, Heat Pump

Utilities

Sewer: Public Sewer
Water: City

Structural Information

Architectural Style: Ranch
Construction: Site Built
Exterior Const.: Brick Full
Basement: Yes
Basement Desc.: Basement Garage Door, Basement Shop, Interior Entry, Partially Finished
Roof: Metal
Main/1st Level: 1,069 Sq. Ft.
Year Built: 1965

Lot Features

Street/Road Desc.: Asphalt, Gravel, Paved
Elevation (Approx.): 2000
Lot Features: Corner Lot, Private, Wooded

Financial Considerations

Terms: Cash, Conventional, VA Loan

Disclosures and Reports

Property ID: 0710-31-1163-00000
Plat: 217/142
Lot Number: 6065/350

Listed by Keller Williams Professionals
Sold by BHGRE Integrity Partners

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Schools

Schools serving 14 Penelope St

School District:Buncombe County Schools

Name	Grades	Distance
Black Mountain Primary 301 East State Street, Black Mountain, NC 28711	PK-3	0.7 mi
Black Mountain Elementary 100 Flat Creek Road, Black Mountain, NC 28711	4-5	0.8 mi
Charles D Owen Middle 730 Old US Highway 70, Swannanoa, NC 28778	6-8	3.4 mi
Charles D Owen High 99 Lake Eden Road, Black Mountain, NC 28711	9-12	3 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 14 Penelope St

Date

Details

Price

Change

Source

8/26/2026

Sold

$665,000

—

MLS

6/27/2026

Listed

$665,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

58 Outlook Cir, Swannanoa, NC 28778 - Photo 1

Just Listed

$524,900

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Townhouse
Active
Updated 2 days ago

3
Beds
2
Total Baths

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Just Listed

$100,000

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Lots/Land
Active
Updated 2 days ago

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Just Listed

$319,000

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Single Family
Active
Updated 2 days ago

3
Beds
1
Total Bath

918 Long Branch Rd, Swannanoa, NC 28778 - Photo 1

Just Listed

$595,000

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Single Family
Active
Updated 2 days ago

3
Beds
3
Total Baths

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Price Reduced

-$45,250 (-12.22%)

$325,000

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Townhouse
Active
Updated 3 days ago

2
Beds
3
Total Baths

366 Summer Haven Rd, Swannanoa, NC 28778 - Photo 1

Price Reduced

-$20,000 (-2.6%)

$749,900

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Single Family
Active
Updated 5 days ago

3
Beds
2
Total Baths

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Price Reduced

-$5,000 (-10.2%)

$44,000

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Lots/Land
Active
Updated 6 days ago

310 Magnolia Ridge Rd, Swannanoa, NC 28778 - Photo 1

310 Magnolia Ridge Rd Swannanoa, NC 28778

Single Family
Active
Updated 21 hours ago

4
Beds
4
Total Baths

813 Montreat Rd, Black Mountain, NC 28711 - Photo 1

Sold

$715,000

813 Montreat Rd Black Mountain, NC 28711

Single Family
Closed
Updated 7 days ago

3
Beds
1
Total Bath

10 Cotton Creek Cir, Black Mountain, NC 28711 - Photo 1

Sold

$601,000

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Single Family
Closed

3
Beds
3
Total Baths

12 Chippewa Trl, Black Mountain, NC 28711 - Photo 1

Sold

$590,000

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Single Family
Closed
Updated 9 days ago

3
Beds
3
Total Baths

100 Chapel Rd, Black Mountain, NC 28711 - Photo 1

Sold

$598,500

100 Chapel Rd Black Mountain, NC 28711

Single Family
Closed

3
Beds
2
Total Baths

14 Penelope Street, Black Mountain, NC 28711 (MLS# 4394587) is a Single Family property that was sold at $665,000 on August 26, 2026. Want to learn more about 14 Penelope Street? Do you have questions about finding other Single Family 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.

14 Penelope St Black Mountain, NC 28711