$1,500,000

1186 Old US 70 Highway, Black Mountain, NC 28711

  • 9 baths |
  • 4,703 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1830
  • Property Lot Size Icon2.24acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $319/sqft
  • Property List Date Icon Listed 11 months ago

Property Description

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!

Listing Status:
Active
Data Last Updated:
May 10, 2026 at 3:17PM
Listing Office:
Century 21 Connected : 828-348-0222
MLS ID:
4258650
  • Appliances: DishwasherDryerElectric CooktopElectric OvenRefrigerator
  • Basement: Interior EntryUnfinished
  • Flooring: TileWood
  • A/C: Central AirWall Unit(s)Window Unit(s)
  • Heating: BaseboardCentralWall FurnaceWood Stove
  • General: Shed(s)
  • Other Structures: Patio
  • Parking: DrivewayRV Access/ParkingShared DrivewayParking spaces: 30
  • Roofing: FiberglassMetalRubber
  • General: Site BuiltBasement
  • Road/Access: State Road
  • Originating MLS: carolina
  • County: Buncombe
  • Zoning: OI-6060984327600000
  • Restrictions: N/A
  • Utilities: Cable AvailableCable ConnectedElectricity Connected
  • Water: City
  • Sewer: Public Sewer
  • Source: carolina

This listing courtesy of Century 21 Connected

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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