Just 1.2 miles from Black Mountain's vibrant and charming town center, lies a beautiful, .28-acre property featuring two 2019-renovated cottages offering classic character and contemporary comfort. Currently a full-time residence, this property has a successful history as an investment and rental property, affording owners flexibility for income generation. The main home, built in 1940, boasts 1,200 sq. ft. of historic charm, while the backyard, updated studio cottage offers another 677 sq. ft. (plus a loft) ideal for guests, short/long-term rentals or an artist studio. Enjoy the newly updated patio with a privacy fence, perfect for outdoor gatherings, while the fenced front yard is great for furry friends. Located close to dining, breweries, greenway and shops, owners and visitors will appreciate the proximity to Montreat and the Blue Ridge Parkway. Outdoor enthusiasts will love the easy access to world-class hiking and biking trails plus nearby trout streams.