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$1,500,000
315 Days On Site

1186 Old US 70 Highway
Black Mountain, NC 28711

For Sale|Single Family Residence|Active
7
Beds
9
Total Baths
9
Full Baths
4,703
SqFt
$319
/SqFt
1830
Built
Subdivision:
None
County:
Buncombe

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828-273-3349
1186 Old US 70 Highway1186 Old US 70 Highway1186 Old US 70 Highway1186 Old US 70 Highway
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Step into a once-in-a-lifetime investment opportunity in the heart of the Blue Ridge Mountains. This historic inn dating back to the 1800s in Black Mountain, NC, seamlessly blends original architectural charm with massive commercial potential. Perfectly positioned in one of Western North Carolina's most highly sought-after tourist destinations, this property is a dream acquisition for hospitality investors, boutique hotel operators, or visionary developers. The Inn: Timeless Character Meets Scale With a history dating back to the 1800s, the main dwelling radiates authentic mountain charm while offering the scale needed for a highly profitable hospitality venture. Accommodations: Featuring 7 spacious bedrooms and 9 bathrooms, the inn is perfectly configured to operate as a premier bed and breakfast, boutique hotel, or exclusive corporate retreat. Historic Charm: Original details and craftsmanship have been carefully maintained, offering guests an unforgettable, authentic mountain getaway experience that modern builds simply cannot replicate. The Land: Limitless Commercial Expansion The true unparalleled value of this estate lies in the land. Situated on over 2 acres of prime commercial property, the site offers a wealth of expansion opportunities in a market where commercial acreage is exceptionally rare. Development Potential: The expansive footprint provides the perfect canvas to build additional guest structures, luxury glamping sites, or standalone rental cabins. Event Venue Capabilities: Transform the sprawling grounds into a premier destination for weddings, retreats, and private events, creating lucrative multiple streams of income. Unbeatable Black Mountain Location Affectionately known as "The Front Porch of Western North Carolina," Black Mountain boasts a thriving downtown filled with artisanal shops, craft breweries, and top-tier dining—all just minutes from the vibrant city of Asheville. Properties of this magnitude and historical significance in such a high-demand market are a profound rarity. Secure Your Legacy Whether you are looking to restore a historic bed and breakfast to its former glory or develop a multi-faceted commercial retreat, this Black Mountain estate is the ultimate canvas.

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Listing Snapshot
Price 
$1,500,000
Days On Site 
315 Days
Bedrooms 
7
Inside Area (SqFt) 
4,703 sqft
Total Baths 
9
Full Baths 
9
Partial Baths 
N/A
Lot Size 
2.24 Acres
Year Built 
1830
MLS® Number 
4258643
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoPrice changed to $1,500,000
a month agoListing updated with changes from the MLS®
10 months agoStatus changed to Active
10 months agoListing first seen on site
General Features
Parking 
DrivewayRV Access/ParkingShared Driveway
Parking Spaces 
10
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
SqFt Above 
4703
SqFt Total 
4703
Utilities 
Cable AvailableCable ConnectedElectricity Connected
Zoning 
OI-6
Interior Features
Appliances 
DishwasherDryerElectric CooktopElectric OvenRefrigerator
Basement 
Interior EntryUnfinished
Cooling 
Central AirWall Unit(s)Window Unit(s)
Fireplace Features 
Den
Flooring 
TileWood
Heating 
BaseboardCentralWall FurnaceWood Stove
Laundry Features 
InsideLaundry Room
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Exterior Features
Construction Details 
Asbestos
Lot Features 
LevelPrivateWooded
Patio And Porch 
Patio
Roof 
FiberglassMetalRubber
Windows/Doors 
French Doors
Community Features
Financing Terms Available 
CashConventional
Roads 
GravelPaved
Schools
School District
Unknown
Elementary School
Black Mountain
Middle School
Charles D Owen
High School
Charles D Owen
Listing courtesy of Century 21 Connected brokerchrissmith@gmail.com(828) 450-2826


Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {last_incremented_at}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS. ©2026 Canopy MLS.

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Last checked - 2026-04-16 07:55 AM UTC

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