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1186 Old US 70 Highway
$1,500,000
Black Mountain, NC, 28711
singlefamily
7
9
Lot Size: 2.24 Acres
MLS #CAR4258643 image #0
ABOUT

Property Information

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!
SPECIFICS

Property Details

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Price:
$1,500,000
MLS #:
CAR4258643
Status:
Active
Beds:
7
Baths:
9
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
Jun 11, 2025
Finished Sq Ft:
4,703
Lot Size:
97,574 sqft / 2.24 acres (approx)
Year Built:
1830
WoodedBlack MountainCharles D OwenCharles D Owen
AMENITIES

Interior

Above Grade Finished Area
4703
Appliances
Dishwasher, Dryer, Electric Cooktop, Electric Oven, Refrigerator
Bathrooms
9 Full Bathrooms
Cooling
Central Air, Wall Unit(s), Window Unit(s)
Flooring
Tile, Wood
Heating
Baseboard, Central, Wall Furnace, Wood Stove
Laundry Features
Inside, Laundry Room
Levels
Two and a Half
AMENITIES

Exterior

Construction Materials
Asbestos, Vinyl, Wood
Lot Features
Green Area, Level, Private, Wooded
Open Parking Spaces
10
Open Parking YN
1
Parking Features
Driveway, RV Access/Parking, Shared Driveway
Patio And Porch Features
Patio
Roof
Fiberglass, Metal, Rubber
NEIGHBORHOOD

Schools

Elementary School:
Black Mountain
Middle School:
Charles D Owen
High School:
Charles D Owen
FINANCIAL

Financial

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1186 Old US 70 Highway
Black Mountain, NC