Black Mountain · Black Mountain, NC
118 Richard Lane
Black Mountain, NC · 2,467 sqft
$550,000
Reduced from $589,000
- 4Beds
- 3Baths
- 2,467SqFt
- 1976Year
- 56Days on market
About this home
Unlock serious potential with this 4-bedroom, 3-bathroom single-family home tucked away on a peaceful dead-end road adjacent to the Black Mountain Golf Course. This property offers charming vintage touches, and a desirable location with beautiful winter views. Plenty of space for projects in the oversized garage/workshop. The downstairs rec room is ready to host games, movie night, or set up a home gym. Enjoy the rare combination of privacy and proximity to town — with no through traffic, fairway views, and Lake Tomahawk Park just steps away. Black Mountain's charm, outdoor recreation, and proximity to Asheville only sweeten the deal.
Property details
- Beds
- 4
- Baths
- 3
- SqFt
- 2,467
- Lot
- —
- Year built
- 1976
- Type
- Single Family
- Days on market
- 56
- Garage
- 2
- Heating
- Baseboard, Electric
- Cooling
- Window Unit(s)
- Foundation
- Basement
- Flooring
- Carpet, Tile
- View
- Golf Course, Mountain(s), Winter
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$4,047/ month
- Principal & interest
- $3,406
- Property tax (~1.05%)
- $481
- Homeowners insurance
- $160
- HOA dues
- —
Down payment
$27,500 down · $522,500 financed
Income to qualify (28% rule)
~$173,484 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he 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.