1186 Old Us 70 Highway

Black Mountain, NC 28711

About this property

Discover a rare, once-in-a-lifetime investment opportunity in the heart of Black Mountain, NC. Thishistoric 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 spaciousbedrooms and 9 bathrooms, making it an ideal candidate for a premier boutique hotel, bed andbreakfast, or corporate retreat. The true value lies in the expansive 2-acre site, a rarity in this highlysought-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 gueststructures to maximize your investment. Its location near downtown Black Mountain-known for itsartisanal shops and craft breweries-and proximity to vibrant Asheville ensures steady year-roundinterest. This property offers the perfect balance of timeless character and scale, providing a uniquefoundation for any visionary hospitality operator. Whether you aim to restore a historic landmark ordevelop a multi-faceted retreat, this iconic estate stands as a legacy asset in one of the region's mostdesirable locations. NO HISTORICAL RESTRICTIONS!

About this property

Discover a rare, once-in-a-lifetime investment opportunity in the heart of Black Mountain, NC. Thishistoric 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 spaciousbedrooms and 9 bathrooms, making it an ideal candidate for a premier boutique hotel, bed andbreakfast, or corporate retreat. The true value lies in the expansive 2-acre site, a rarity in this highlysought-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 gueststructures to maximize your investment. Its location near downtown Black Mountain-known for itsartisanal shops and craft breweries-and proximity to vibrant Asheville ensures steady year-roundinterest. This property offers the perfect balance of timeless character and scale, providing a uniquefoundation for any visionary hospitality operator. Whether you aim to restore a historic landmark ordevelop a multi-faceted retreat, this iconic estate stands as a legacy asset in one of the region's mostdesirable locations. NO HISTORICAL RESTRICTIONS!

Features and Additional Information

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$1,400,000 Active
7 Bed(s)
9
Baths
4,703 sqft

Presented By Bailey Basnight

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Get in touch today! Phone: 1-252-515-0502
Brokerage
CENTURY 21 Integra
1-828-348-0222
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Area Information

Buncombe | Buncombe County | None

$ 1,400,000
This listing is play_arrow 128.6% higher than the average in the area
$ 612,500 in the area
4,703 SqFt
This listing is play_arrow 310.0% larger than the average in the area
1,147 SqFt in the area
$ 298 $/SqFt
This listing is play_arrow 48.7% less than the average in the area
$ 580 $/SqFt in the area
529 days on site
This listing is play_arrow 229.6% above the average in the area
161 days on site in the area

Schools in the Area

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    Elementary School
    Black Mountain
  • turned_in
    Middle School
    Charles D Owen
  • turned_in
    High School
    Charles D Owen

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Listed By Chris Smith
Brokerage: CENTURY 21 Integra

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Bailey Basnight

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