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Black Mountain Foreclosures

While the Black Mountain market has not been as hard hit as other areas, there are occasional opportunities to purchase foreclosures.  Also known as REO (a banking term meaning "real estate owned") properties, foreclosures require special paperwork in order for an offer to be considered by the bank.  Each bank has different addendums, so give us a call for specifics on each property.  This page is updated nightly with foreclosed listings as they are listed in the MLS. 

 

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$1,100,000
Acres 2.6

BANK OWNED! This historic hotel opened in 1919 in the heart of Black Mountain. The large property has 3 buildings on 2.6 acres with ample parking, an inviting lobby, courtyard, and beautiful interior architecture. Possible uses include hospitality, multi-family, or retirement living.

Listing provided by Sperry Van Ness Whitney.

$570,000
Bedrooms 4
Sq. Ft. 3130
Acres 0.86
Year Built 1999

-In FORECLOSURE! Over 3,100 sf. beautiful timber-frame construction on large lot. This 4/3/1 builder's home has lots of open floor space, large kitchen with all new cabinets and appliances, silestone counter-tops, and hardwood flooring. Exposed beams, vaulted ceilings, architectural shingles, home warranty & much more! Property to be conveyed under a Trustee's Deed. Property to be sold "As Is, Where Is" and is subject to Bankrupcty Court Approval

Listing provided by Coldwell Banker Kasey Real Estate - AVL.

$299,900
Acres 0.6
Year Built 2008

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Bank offers 100% financing!!-Investor alert! Duplex with each unit priced at $149,000 and $299,000 for both units. Buyer agent to verify details - Bank owned foreclosure, appears that most finishes are in place. 3 lots and pins included with duplex. Winte

Listing provided by Keller Williams - Black Mtn..

$260,000
Bedrooms 4
Sq. Ft. 1910
Acres 0.24
Year Built 2008

--Bank owned - Custom built 4 bedroom, 2.5 bath home. Convenient to I-40 and Black Mountain. Home features 2 large decks to enjoy the sound of the running creek in back. Open floorplan, master on main, great room with fireplace, formal dining room, breakfast nook, vaulted ceilings & more. Sold "As-Is, Where Is." All offers must be accompanied by a prequal letter or POF. Renovation continues & bank will be finishing kitchen and repainting

Listing provided by NC Mountain Realty Group.

$199,000
Bedrooms 4
Sq. Ft. 3400
Acres 1.44
Year Built 2009

Virtual tour

Bank offers 100% financing!-Gated community- bank owned Log home w/ framing completed inside. Huge fam/kitchen w/ f/place framed and Cathedral ceilings with patio doors off to take in view. Still time, make your changes to the layout, wrap porch around main level with mountain views. Forc. mid-construction. No disclosures on prop, buyers conduct thorough investigation. SF stated not finished or heated. Borders Mcdowell and Buncombe County

Listing provided by Keller Williams - Black Mtn..

$149,900
Bedrooms 3
Sq. Ft. 1216
Acres 1.09
Year Built 1965

Great Home in Beautiful Black Mountain. Recently remodeled kitchen, carpets, and paint throughout. Full Unfinishedbasement w/Garage. Large Covered Porch, Lots of stone work around home. Ready for you to put the finishingtouches to make it yours! Fannie Mae property approved for HomePath Mortgage and Rennovation Financing. Getinto this property for as little as 3% down. Visit for more information. Sold "As Is, Where Is"

Listing provided by Coldwell Banker Kasey Real Estate - AVL.

$99,900
Bedrooms 3
Sq. Ft. 1041
Acres 0.18
Year Built 1945

Great updated home in Black Mountain! Convenient to downtown shopping and restaurants. Ready to move in! Hardwood floors, smoke alarms and much more!NO REPRESENTATIONS ARE BEING MADE BY SELLER OR LISTING AGENT/FIRM. Property being sold "AS IS" Buyer is advised to have all inspections, verify all info. Proof of funds and Seller Addendums required w/all Offers.

Listing provided by Savannah Realty Investments, Inc..

$99,900
Acres 0.34

--Great price on a lot in the desirable gated community of The Settings of Black Mountain. Exceptional long range views from this .34 acre lot. You must come see the view from this prime estate lot. Foreclosure property.

Listing provided by Keller Williams - Black Mtn..

$99,900
Acres 2.69

-Remarkable Long Range Views, a large desirable lot in a beautiful neighborhood of high end homes. Must see to appreciate. Just minutes to downtown Black Mountain.

Listing provided by NC Mountain Realty Group.

$76,000
Acres 0.23

--BANK OWNED, Great price on this lot in premiere gated community with walking trails, outdoor amenities, parks, and many other proposed amenities such as clubhouse and pool. Easy access to I-40 and downtown Black Mountain. Property conveyed by Special Warranty Deed, no rep by agent, seller. Buyer to use due diligence in verifying lot size, sewer, restrictions, etc.

Listing provided by NC Mountain Realty Group.

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Copyright 2010 WNC Regional MLS, LLC All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the WNC Regional MLS®. Real estate listings held by brokerage firms other than Greybeard Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing brokers.

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