Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for lot size, condition, and bedroom count. Assessed value of $174,700 appears below market.
Freshly Painted 3BR Bungalow on a Level 0.24-Acre Lot
This classic bungalow on Blue Ridge Road combines practical single-level living with a generous, level yard — a rare find so close to Black Mountain’s community amenities. The 1,330-square-foot floorplan (three bedrooms, one bath) sits on a 0.24-acre parcel with frontage on Blue Ridge Road and a fenced rear/side yard that invites gardening, pets, and backyard gatherings. Recent interior paint and thoughtful upkeep make the home move-in ready while preserving the straightforward, comfortable character of a 1974 bungalow.
Inside, the layout emphasizes usability: baseboard heat throughout, a flexible bonus room that can serve as an office or den, and original details softened by fresh finishes. The single-story arrangement simplifies everyday living and makes the property attractive to first-time buyers, downsizers, or investors seeking a rental-ready footprint. Note: the home does not have central cooling, and the roof and HVAC should be verified during inspection as standard due diligence.
Outside, the composition roof covers a brick-and-vinyl exterior that balances low-maintenance durability with curb appeal. Driveway parking accommodates approximately two cars; there is no garage. The lot’s level topography is uncommon in the area and provides room for potential landscaping upgrades or an accessory dwelling unit where zoning permits (TR-4 allows accessory units subject to local rules).
Location is a strong selling point: Veteran’s Park sits just 0.3 miles away, Ingles grocery is about 0.5 miles, downtown Black Mountain’s shops and restaurants are roughly 1.5 miles, and Lake Tomahawk Park is under two miles. With Asheville a 15-mile drive via I-40, residents enjoy both small-town walking access to parks and easy regional connections. Priced at $300,000 following a recent adjustment, this property presents clear value relative to nearby comps and is appealing for buyers seeking a tidy, well-located bungalow with immediate rental or owner-occupier potential.
See the properties helping shape the valuation.
Comparable sales
- 90 SF larger
- 1 additional bathroom
- Similar lot size
- 50 years newer
- 404 SF smaller
- 1 fewer bedroom
- 1,742 SF smaller lot
- 37 years older
- 2,594 SF larger
- 2.5 additional bathrooms
- 33,106 SF larger lot
- 31 years newer
A 1974 bungalow on 0.24 acres.
Building
Site & utilities
Black Mountain
Researched nearby locations
Location
591 Blue Ridge Road, Black Mountain, NC 28711
Black Mountain combines small-town charm with easy regional access. Residents enjoy a tight-knit community atmosphere, weekly farmer’s market offerings, and a compact downtown of independent shops and eateries. Outdoor recreation is a local theme—Veteran’s Park and Lake Tomahawk Park provide immediate green space while larger Pisgah and Dupont Forest trails are within a short drive. Homes here attract families, retirees, and second-home buyers who value walkable neighborhood routes and proximity to Asheville’s cultural and employment centers.
Excellent local park access with Veteran’s Park (0.3 mi) and Lake Tomahawk Park (1.8 mi); regional hiking and cycling routes are reachable within a short drive for more extensive outdoor adventures.
A factual market snapshot around 591 Blue Ridge Road.
A balanced but competitive local market: low inventory (~2.5 months) and median sale price near $320K. Homes average ~45 days on market; single-family bungalows in Black Mountain trade quickly when priced well. With one-year appreciation around 4% and five-year gains near 20%, this area remains attractive to buyers and investors. Rental demand is solid with estimated rents near $1,800/mo. Given these indicators, this property—recently reduced to $300K—offers timely value for owner-occupiers and investors who act after standard due diligence (roof/HVAC/flood status).
Town Residential
Zoning
Research-indicated uses
- Single Family Residential
- Accessory Dwelling Unit
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- 230 SF larger
- 1 additional bathroom
- 126 SF larger
- 1 additional bathroom
What the research supports — and what is still worth verifying.
Key findings
- Listed for $300,000 after recent price reduction from $340,000
- Assessed value $174,700 (land $32,400, improvements $142,300) — annual taxes $1,465
- Zoned TR-4 — allows single-family residential and accessory dwelling units
- Comparable sales within 0.5 miles in last 6 months range $290K–$320K
- Average days on market in Black Mountain: 45 days
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm lot dimensions and boundaries
- Verify condition of roof and HVAC systems
- Confirm flood zone status and insurance requirements
- Professional home inspection
What stands out about this property.
Interior Features
- 1,330 square feet — single-level living
- 3 bedrooms, 1 full bathroom
- Fresh interior paint throughout
- Flexible bonus room / den
- Baseboard heating (no central cooling)
Exterior & Lot
- 0.24-acre level lot (approx. 10,454 sq ft)
- Fenced rear and side yard
- Brick and vinyl siding
- Driveway parking for approximately 2 vehicles (no garage)
- Composition roof
Location & Neighborhood
- 0.3 miles to Veteran’s Park
- 0.5 miles to Ingles Market
- 1.5 miles to Downtown Black Mountain restaurants and shops
- 1.8 miles to Lake Tomahawk Park
- Approximately 15 miles to Asheville via I-40
Walkability & Recreation
- Walkability Rating: 60/100 — Somewhat Walkable
- Nearby parks and green spaces: Veteran’s Park, Lake Tomahawk Park
- Hiking and biking trails within a short drive
- Golf courses: (regional courses accessible via short drive to Asheville area)
- Running/walking paths and community recreation nearby
Sources & research confidence.
See where the property research came from and how confidence varies by field.