Montreat · Montreat, NC
287 North Carolina Terrace
Montreat, NC · 2,424 sqft
$779,000
Reduced from $849,000
- 4Beds
- 4Baths
- 2,424SqFt
- 1911Year
- 116Days on market
About this home
Step back in time with this enchanting 1911 Montreat home, ready to be brought back to its original glory. Rich in character and set in one of Western North Carolina’s most beloved communities, this 4-bedroom, 4.5-bath residence offers timeless appeal just 5 minutes from downtown Black Mountain.
Wood floors throughout, a welcoming covered front porch, and classic architectural details reflect the craftsmanship of a bygone era. Outdoors, stone patios, terraced gardens, and a charming gazebo create a serene setting ideal for relaxing or entertaining, all bordered by a gentle creek that enhances the property’s peaceful ambiance.
A detached garage adds convenience, while the setting in beautiful Montreat offers a rare opportunity to restore and personalize a historic home surrounded by natural beauty, trails, and a strong sense of community. This is a truly special property for those who appreciate history, charm, and potential.
Property details
- Beds
- 4
- Baths
- 4
- SqFt
- 2,424
- Lot
- —
- Year built
- 1911
- Type
- Single Family
- Days on market
- 116
- Garage
- 1
- Heating
- Oil
- Cooling
- Window Unit(s)
- Foundation
- Basement
- View
- Mountain(s)
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$5,733/ month
- Principal & interest
- $4,824
- Property tax (~1.05%)
- $681
- Homeowners insurance
- $227
- HOA dues
- —
Down payment
$38,950 down · $740,050 financed
Income to qualify (28% rule)
~$245,717 / 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.