1186 Old US 70 Highway Black Mountain, NC 28711
Listing Courtesy of: Century 21 Connected / Chris Smith - Contact:  brokerchrissmith@gmail.com

  1186 Old US 70 Highway Black Mountain, NC 28711

Active (309 Days)
$1,500,000 (USD)
7
BED
9
BATH
4,703
SQFT

Description

Step into a once-in-a-lifetime investment opportunity in the heart of the Blue Ridge Mountains. This historic inn dating back to the 1800s in Black Mountain, NC, seamlessly blends original architectural charm with massive commercial potential. Perfectly positioned in one of Western North Carolina's most highly sought-after tourist destinations, this property is a dream acquisition for hospitality investors, boutique hotel operators, or visionary developers.

The Inn: Timeless Character Meets Scale
With a history dating back to the 1800s, the main dwelling radiates authentic mountain charm while offering the scale needed for a highly profitable hospitality venture.

Accommodations: Featuring 7 spacious bedrooms and 9 bathrooms, the inn is perfectly configured to operate as a premier bed and breakfast, boutique hotel, or exclusive corporate retreat.

Historic Charm: Original details and craftsmanship have been carefully maintained, offering guests an unforgettable, authentic mountain getaway experience that modern builds simply cannot replicate.

The Land: Limitless Commercial Expansion

The true unparalleled value of this estate lies in the land. Situated on over 2 acres of prime commercial property, the site offers a wealth of expansion opportunities in a market where commercial acreage is exceptionally rare.

Development Potential: The expansive footprint provides the perfect canvas to build additional guest structures, luxury glamping sites, or standalone rental cabins.

Event Venue Capabilities: Transform the sprawling grounds into a premier destination for weddings, retreats, and private events, creating lucrative multiple streams of income.

Unbeatable Black Mountain Location

Affectionately known as The Front Porch of Western North Carolina, Black Mountain boasts a thriving downtown filled with artisanal shops, craft breweries, and top-tier dining—all just minutes from the vibrant city of Asheville. Properties of this magnitude and historical significance in such a high-demand market are a profound rarity.

Secure Your Legacy

Whether you are looking to restore a historic bed and breakfast to its former glory or develop a multi-faceted commercial retreat, this Black Mountain estate is the ultimate canvas.

MLS #:
4258643
Lot Size
2.24 acres
Type
Single-Family Home
Year Built
1830
County
Buncombe County

Listed By

Chris Smith, Century 21 Connected, Contact: brokerchrissmith@gmail.com
Source
CANOPY MLS - IDX
Last checked Apr 16 2026 at 1:18 PM EDT
Bathroom Details
  • Full Bathrooms: 9
Subdivision
  • None
Lot Information
  • Wooded
  • Level
  • Private
  • Green Area
Property Features
  • Fireplace: Den
  • Foundation: Basement
Heating and Cooling
  • Central
  • Baseboard
  • Wood Stove
  • Wall Furnace
  • Central Air
  • Wall Unit(s)
  • Window Unit(s)
Flooring
  • Wood
  • Tile
Exterior Features
  • Roof: Fiberglass
  • Roof: Metal
  • Roof: Rubber
Utility Information
  • Utilities: Cable Available, Electricity Connected, Cable Connected
  • Sewer: Public Sewer
School Information
  • Elementary School: Black Mountain
  • Middle School: Charles D Owen
  • High School: Charles D Owen
Parking
  • Driveway
  • Shared Driveway
  • Rv Access/Parking
Living Area
  • 4,703 sqft

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Mar 09, 2026
Price Changed
$1,500,000
-6%
-$99,999
Jan 23, 2026
Price Changed
$1,599,999
0%
-$1
Aug 21, 2025
Price Changed
$1,600,000
-3%
-$50,000
Jun 12, 2025
Listed
$1,650,000
-
-
Additional Information: Connected | brokerchrissmith@gmail.com
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Mortgage calculator estimates are provided by C21 Connected and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Based on information submitted to the MLS GRID as of 4/16/2026 09:18. 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.