103 Flat Creek Rd, Black Mountain, NC, 28711

$1,599,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
4 Full Baths
3,048 SqFt
$525/SqFt
House
Schools Nearby

Location

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103 Flat Creek Rd, Black Mountain$1,599,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

ParkingDriveway
Year Built1964
HeatingDuctless
CoolingDuctless
BasementYes
ViewMountain(s)
MLS #4117881
StatusActive

About 103 Flat Creek Rd

Incredible opportunity to purchase four stunningly renovated and cash flowing A-frame vacation rental properties walkable to Downtown Black Mountain via greenway. Curb appeal for days and impeccably designed with a mountain-modern style. The kitchen, dining, and living room combo takes advantage of the soaring ceilings allowed by the A-frame construction, and there's an impressive spiral staircase focal point that renters adore. Each unit boasts a main level bedroom plus a loft bedroom, both with king-sized beds. There's a full bath and cozy reading nook. Lovely mountain views from the upper level windows. Fully furnished and provisioned with hundreds of 5-star reviews on Airbnb, this is a super efficient turn-key business. It even includes a stocked supply shed and a service in place with a solar powered laundromat that picks up and delivers linens to make turnovers between guests a breeze. The new owner will be able to step right in and start making excellent income immediately!

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Living Area: 3,048 SqFt

Listing Office:

  • Office Name: Mosaic Community Lifestyle Realty

Interior Features

Interior Information:

  • Appliances: Electric Cooktop, Electric Oven, Microwave, Refrigerator
  • Basement: Yes
  • Flooring Type: Tile, Vinyl
  • Interior: Open Floorplan, Vaulted Ceiling(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • View: Mountain(s)
  • Exterior: Storage

Parking Information:

  • Parking: Driveway

Virtual/3D Tour

  • Virtual Tour: 103 Flat Creek Rd

Virtual Tour

Utilities

Utilities Information:

  • Heating: Ductless
  • Cooling: Ductless

Other

Directions Information:

  • Directions: From Asheville take I-40 East. Take Exit 64 to Black Mountain. Turn Left onto NC-9 North. Turn Right at 1st Cross Street onto Sutton Ave. Turn left onto S Ridgeway Ave. Turn Right onto E State Street. Turn Left onto Flat Creek Road. Property will be on Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,599,000
  • Price Per SqFt: $525/SqFt

Tax Information:

  • Annual Amount: $3,116
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Black Mountain, NC.

Med. Sold Price

$515.5K

Med. Price/SqFt

$307

Avg. Days On Market

55

# of Sold Homes

11

103 Flat Creek Rd vs Black Mountain

47 DAYS ON ROCKET

-8 Days

$1,599,000

+$1.0M More

$525/SqFt

+$217 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $217/SqFt more than other homes in Black Mountain, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4117881

Listing Office:

  • Office Name: Mosaic Community Lifestyle Realty

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 9:21:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 09, 2021Home Sold
$1,150,000
Oct 07, 2020Home Sold
$15,000

Tax History

YEARPROP. TAXASSESSMENT
2021 - $395,300
2020$3,116$361,700
2019$3,116$361,700
2017$3,152$361,700

History based on county public records data.

Payment Calculator

$8,048

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,860

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3005008
4
/10
  • Black Mountain Primary School

  • 301 E State St

  • 0.19 miles

  • Public District Grades KG-3

school-card-donut-3005009
3
/10
  • Williams Elementary School

  • 161 Bee Tree Rd

  • 5.04 miles

  • Public District Grades KG-5

school-card-donut-3005010
8
/10
  • Old Fort Elementary School

  • 128 Mauney Ave

  • 7.64 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,161. The most common annual income of people living in Black Mountain, NC is between $35k-100k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 103 Flat Creek Rd

What is the listing price of this property?

The listing price of 103 Flat Creek Rd property is $1,599,000.

What type of property is this?

The property 103 Flat Creek Rd is a house located in Black Mountain, North Carolina, 28711.

Is this property for sale now?

Active Listing: 103 Flat Creek Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,116 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 9, 2021 for $1,150,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 103 Flat Creek Rd has 8 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 103 Flat Creek Rd is 3,048 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 103 Flat Creek Rd is 1964.

Rocket HomesNorth CarolinaBuncombe CountyBlack Mountain28711103 Flat Creek Rd

This home is located at 103 Flat Creek Rd in Black Mountain, NC and zip code 28711. This 3,048 square foot home was built in 1964. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 13, 2024 and is currently priced at $1,599,000.

In March 2024 more than 3 listings in Black Mountain, NC were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 8 were sold below. Between February 2024 and March 2024, Black Mountain, NC real estate market has seen increase in the number of listings by 12.8%. The median list price of listings available in March 2024 was $515,520, while the average time on the real estate market was 55 days.

From Rocket Homes Real Estate and based on county public records data.

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