
1186 Old US 70 Highway · Black Mountain, NC 28711
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!
Features & Amenities
Location
Property boundary from county GIS
Map layers
Neighborhood Snapshot
U.S. Census Bureau, ACS 5-year estimatesNeighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.
Pricing History
| Date | Event | Price | Change |
|---|---|---|---|
| Oct 9, 2026 | Price Reduced | $1,500,000 → $1,400,000 | ▾ $100,000 (6.7%) |
| Jun 4, 2025 | Price Change | $1,650,000 | — |
| Aug 21, 2025 | Price Change | $1,600,000 | 4 |
| Jan 23, 2026 | Price Change | $1,599,999 | 1 |
Monthly Cost Estimate
* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.
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Based on information submitted to the MLS GRID as of Oct 9, 2026. 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.
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