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1186 Old US 70 Highway

Black Mountain, NC 28711
$1,500,000
Community: None
7 Bed
9 Baths
0 Half Baths
4,703 SqFt
2.24 Acres

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!

Greg Palombi
Broker | REALTOR®

Interested in making this property yours? I’d love to help you take the next step.

Presented by: Chris Smith
Listed by: Century 21 Connected

MLS: 4258643
Listing status: Active
Days on market: 322

Based on information submitted to the MLS GRID as of 2026-02-05 at 1:45PM. 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.

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Foundation:
Basement
Garage:
Driveway,RV Access/Parking,Shared Driveway
Flooring:
Tile,Wood
Roof:
Fiberglass,Metal,Rubber
Heating:
Baseboard,Central,Wall Furnace,Wood Stove
Cooling:
Central Air,Wall Unit(s),Window Unit(s)
Water:
City
Sewer:
Public Sewer
Year Built:
1830