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305 Melanie Ln, Black Mountain, NC, 28711

3beds
2baths
1,803sqft
$245,000
$136price/sqft
$1,638/moest. monthly cost
$65,520/yrincome needed

About This Home

Black Mountain restoration opportunity on approximately 1.28 acres. Rustic cabin-style home with mountain character, privacy, and upside for the right buyer. Seller has completed some initial repairs, but additional work is needed due to storm-related damage. Sold as-is. Ideal for experienced renovators looking for a project with long-term potential in a desirable location. This property is best for investors, contractors, or buyers with renovation experience who see value in a home with strong mountain character and long-term potential. If you know how to evaluate a project, manage a rehab, and unlock upside in a desirable Black Mountain setting, this one is worth a serious look, especially if you like log cabins!

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

7/10
5/10
Charles D Owen MiddleGrades 6-84.6 mi
8/10
Charles D Owen HighGrades 9-124.2 mi

Construction

Condition

  • Year built: 1972

Materials

  • Roof: Composition
  • Construction materials: Log,Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Cooktop,Electric Oven,Electric Water Heater
  • Laundry features: Electric Dryer Hookup,In Basement

Basement

  • Has basement: Yes
  • Basement: Partially Finished

Bathroom Full

  • Level: Main

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Basement

Bedroom S

  • Level: Basement

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Flooring: Carpet
  • Fireplace features: Bonus Room,Den,Family Room
  • Finished area below ground: 774
  • Finished area above ground: 1,029

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,029
  • Total interior livable area: 1,803 sqft

Property

Details

  • Parcel number: 071091748500000
  • Zoning: R-1
  • Special condition: Standard

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Deck,Wrap Around

Lot

  • Lot size: 1.24 Acres

Parking

  • Total spaces: 3
  • Parking features: Attached Carport
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Lightning
Inland Flooding
Landslide
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Buncombe County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,238$14,856
Home Insurance *$68$816
Property Taxes $132$1,584
Electricity $200$2,405
Total$1,638$19,656
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$56,160/yr
40% on housing$49,140/yr
45% on housing$43,680/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$136This listing

vs Other Active Listings

Avg $/sqft

ZIP 28711$274
Buncombe County$292

vs Homes Sold Last Month

Median $/sqft

ZIP 28711$301
Buncombe County$278

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-24Listed for sale$245,000
1995-11-01Sold$102,000

For Sale by Agent

AgentPeter Lorenz
BrokerageKeller Williams Professionals

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