$300,000
591 Blue Ridge Road, Black Mountain, North Carolina 28711, United States
Affordable Black Mountain bungalow minutes from parks and downtown
3
Beds
1
Baths
1,330
Sq Ft
1974
Built
0.24 acres
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.
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.
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).
Black Mountain Primary
Elementary
Charles D Owen Middle
Middle
Charles D Owen High
High
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.
591 Blue Ridge Road is a 3-bedroom, 1-bathroom bungalow-style home built in 1974 with 1,330 SF of living space on a 0.24-acre level lot in Black Mountain, North Carolina. The property features a freshly painted interior, a flexible bonus room, and a fenced rear/side yard, making it ideal as a starter home or an income-producing rental.
The home is currently listed for $300,000, reflecting a recent price reduction from its original listing at $340,000. Comparable sales in the area suggest a fair market value between $290,000 and $320,000, with a midpoint estimate of $305,000 ($229/SF). The current assessed value of $174,700 appears below market, which is common in rapidly appreciating neighborhoods.
Black Mountain is a desirable community located just 15 miles east of Asheville. The property is conveniently situated 0.3 miles from Veteran's Park, 1.5 miles from downtown Black Mountain, and 1.8 miles from Lake Tomahawk Park, offering residents easy access to recreational amenities, shopping, and dining options.
The local real estate market has experienced steady appreciation, with median home values increasing by 20% over the past five years. The average days on market for homes in Black Mountain is 45 days, indicating a balanced market with consistent demand.
Overall, this property represents a solid value in a sought-after location with recent updates that enhance its appeal. Potential buyers should consider the property's proximity to amenities, the flexibility of its interior spaces, and the potential for rental income. Key due diligence items include verifying the condition of the roof and HVAC systems, as well as confirming any zoning restrictions related to potential property modifications.
Well-maintained bungalow in desirable Black Mountain with recent updates and proximity to amenities. Potential for rental income and steady appreciation in a balanced market.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$290K
Midpoint
$305K
High
$320K
$229.32/SF estimated price per square foot
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.
As of 2026-03-06
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Black Mountain median home values increased 20% from 2020-2025. Strong demand from retirees and second-home buyers. Walkability Rating estimate: 60/100.
Proximity to parks, shopping, and dining in Black Mountain. Easy access to Asheville via I-40.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
$79.7/SF
Arm's length transaction
$59.02/SF
Arm's length transaction
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