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Federal 30-year interest rate: 6.88% last updated on 2024-04-11

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1114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 287111114 Montreat Road Black Mountain NC 28711
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  • 14,183Square Feet
  • 1.96Acreage
  • 1963Year Built
  • ActiveMLS Status
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.
Listed by Scott Russell of Freestone Properties (scott@freestoneproperties.com)

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Basic Information

  • ForeclosureN
  • List Price$1,299,000
  • MLS NumberCAR4000302
  • MLS StatusActive
  • Property SubTypeSPECIAL PURPOSE

Property

  • Acreage1.96
  • Parking Spaces12
  • Water Source City
  • ZoningUR-8

Amenities

  • ViewMountain(s), Water, Year Round

Tax Information

  • Taxes$228,500

Building

  • Elevation 2000
  • Foundation Details Basement, Slab, Other - See Remarks
  • Square Feet14,183
  • Year Built1963

Exterior

  • Roof Composition

Utilities

  • Cooling Window Unit(s)
  • Heating Baseboard
  • Sewer Public Sewer
  • Utilities Cable Connected, Electricity Connected

Other

  • View Count29

Location

  • Building Number1114
  • CountyBuncombe
  • Directions I-40, Exit 64/Hwy 9. Travel north for 1.7 miles. Property is on the right.
  • StateNC
  • StreetMontreat Road
  • Zip28711

Interior

  • Flooring Concrete

Property Information

  • Construction Materials Cedar Shake, Concrete
  • Inclusions Building, Equipment, Fixtures, Land
  • Number Of Buildings 2

Your Local Office

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787

Office: 828-231-3117

Broker Reciprocity © 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The IDX data is deemed reliable but is not guaranteed by MLS GRID and may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS.  Based on information submitted to the MLS GRID as of April 17, 2024 12:19 PM EDT . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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