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About This Home
This 7-bedroom, 9-bathroom single family at 1186 Old US 70 Highway in Black Mountain, NC is listed for $1,500,000 ($319 per sqft). Built in 1830, the home offers 4,703 sqft of living space on a 2.24 acres lot.
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!
Key Features
- Built in 1830
- 2.24 acre lot
- 2 stories
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$8,022/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1186 Old US 70 Highway
Black Mountain, NC 28711
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 7-bedroom, 9-bathroom single family at 1186 Old US 70 Highway is listed at $1,500,000 ($319/sqft). The estimated monthly payment is $6,500 based on 20% down at 6.5% interest.
Key features include: Built in 1830, 2.24 acre lot, 2 stories, Fireplace.
This property is listed by Chris Smith and can be reached at 8284502826 or brokerchrissmith@gmail.com.
