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$489,000

Beds
3
Baths
2.5
sq ft
1,203

826 Shumont Road, Black Mountain, NC 28711

826 Shumont Road

Black Mountain, NC 28711

  • Pending
Discover the perfect blend of modern comfort and rustic charm in this successful short-term rental nestled on a scenic knoll with over four acres of private land. Minutes from downtown Black Mountain, Chimney Rock (reopening summer 2025), and the greater Asheville area, this retreat offers both seclusion and convenience—making it a sought-after getaway for guests year-round. This beautifully renovated A-frame cabin is designed to impress, with expansive windows that fill the space with natural light and frame breathtaking mountain views. The open-concept living area exudes warmth, featuring a stunning stone fireplace and ambient lighting that create a cozy yet airy atmosphere. Outside on the spacious back deck guests and owners alike can unwind in the hot tub, grill out under the stars, or simply take in the peaceful surroundings. Whether you're looking for a turnkey investment with a track record of success or a private mountain retreat to call your own, this cabin is for you!

Details

Property type

Single Family Residence

Est. home value

$384,466

Lot size

Unknown

Price per sq ft

$407

Year built

1974

Price History

04/07/2025
CanopyMLS

CanopyMLS #4239452

Pending
$489,000
03/26/2025
CanopyMLS

CanopyMLS #4239452

Listed
$489,000
-8.6%
10/01/2024
CanopyMLS

CanopyMLS #4136446

Removed
$535,000

Schools & Community

Elementary school: 

Black Mountain

Middle school: 

Charles D Owen

High school: 

Charles D Owen

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$212,138
Asking price
$489,000
Closing costs (~8% of asking)
-$39,120
Est. remaining loan balance
-$237,742
Cash to seller
$212,138

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

October 2022

Original loan amount

$246,000

Est. remaining balance

$237,742

Interest rate

5.55%

Loan type

New Conventional, 30 year

Seller

Jeffrey T Raynes and Ashleigh Mullikin Raynes

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Pending/Under Contract

Tomo last checked: 04/10/2025 at 12:00 PM

Listing updated: 04/07/2025 at 11:25 AM

Listed by: Tyler Coon, EXP Realty LLC Phone #: (888) 584-9431

MLS: CanopyMLS #4239452

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