1186 Old Us 70 Highway, Black Mountain, NC 28711

$1,400,000
7
BD
9
BA
4,703
SqFt

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Listing courtesy of Century 21 Connected. brokerchrissmith@gmail.com

List Price
$1,400,000
MLS#
4258643
Status
ACTIVE
Days on Market
413
Property Type
Residential
Year Built
1830
Price Change
▼ $100,000 1782110599
Bedrooms
7
Bathrooms
9
Full Baths
9
Lot Size
97,574
Lot Size Area
2.24
Living Area
4,703
Sq Ft Total
4703
County
Buncombe
Subdivision
No Neighborhood
Special Conditions
None

Property Description

Discover a rare, once-in-a-lifetime investment opportunity in the heart of Black Mountain, NC. This historic 100-year-old inn blends authentic architectural charm with immense commercial potential. Perfectly positioned in the "Front Porch of Western North Carolina," this estate offers 11 spacious bedrooms and 9 bathrooms, making it an ideal candidate for a premier boutique hotel, bed and breakfast, or corporate retreat. The true value lies in the expansive 2-acre site, a rarity in this highly sought-after market. With prime commercial zoning, the property is a blank canvas for development, offering ample space for luxury glamping sites, private event facilities for weddings, or additional guest structures to maximize your investment. Its location near downtown Black Mountain—known for its artisanal shops and craft breweries—and proximity to vibrant Asheville ensures steady year-round interest. This property offers the perfect balance of timeless character and scale, providing a unique foundation for any visionary hospitality operator. Whether you aim to restore a historic landmark or develop a multi-faceted retreat, this iconic estate stands as a legacy asset in one of the region’s most desirable locations. NO HISTORICAL RESTRICTIONS!

Additional Information

Floor Coverings
Tile, Wood
Equipment
Dishwasher, Dryer, Electric Cooktop, Electric Oven, Refrigerator
Foundation
Basement
Main Level Rooms
Bedroom(s)
Laundry Location
Inside, Laundry Room
Heating
Baseboard, Central, Wall Furnace, Wood Stove
Water
City
Sewer
Public Sewer
Exterior Construction
Asbestos, Vinyl, Wood
Roof
Fiberglass, Metal, Rubber
Parking
Driveway, RV Access/Parking, Shared Driveway
Driveway
Gravel, Paved
Lot Description
Green Area, Level, Private, Wooded
Elementary School
Black Mountain
Middle School
Charles D Owen
High School
Charles D Owen
Total Property HLA
4703

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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