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Active
$1,400,000 Est. $9,647/mo — Get pre-qualified
7beds 9baths 4,703sq ft 2.24acres

1186 Old US 70 Highway · Black Mountain, NC 28711

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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

Living Area4,703 Sq.Ft.
Bedrooms7
Baths9
HeatingBaseboard, Central, Wall Furnace, Wood Stove
CoolingCentral Air, Wall Unit(s), Window Unit(s)
FlooringTile, Wood
FireplaceDen
AppliancesDishwasher, Dryer, Electric Cooktop, Electric Oven, Refrigerator
LaundryInside, Laundry Room
Virtual TourOpen Virtual Tour
Year Built1830
ConstructionAsbestos, Vinyl, Wood
RoofFiberglass, Metal, Rubber
FoundationBasement
ParkingDriveway, RV Access/Parking, Shared Driveway
StatusActive
Lot Size2.24 Acres
Lot FeaturesGreen Area, Level, Private, Wooded
CountyBUNCOMBE
Property TypeResidential
Property SubTypeSingle Family Residence
Last UpdatedOct 9, 2026
UtilitiesCable Available, Cable Connected, Electricity Connected
SewerPublic Sewer
Water SourceCity
HOANo
ElementaryBlack Mountain Elementary School
MiddleCharles D Owen Middle School
HighCharles D Owen High School
Presented By: Century 21 Connected; info@century21connected.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood 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

DateEventPriceChange
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

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* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

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