1186 Old Us Highway 70, Black Mountain, NC 28711
What's special
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!
- 441 days |
- 679 |
- 45 |
Travel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Chris Smith brokerchrissmith@gmail.com,
Century 21 Connected
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 9
- Full bathrooms: 9
- Main level bedrooms: 1
Primary bedroom
- Level: Upper
- Area: 168 Square Feet
- Dimensions: 16' 0" X 10' 6"
Bedroom s
- Level: Main
- Area: 263.5 Square Feet
- Dimensions: 21' 1" X 12' 6"
Bedroom s
- Level: Upper
- Area: 121.59 Square Feet
- Dimensions: 10' 6" X 11' 7"
Bedroom s
- Level: Upper
- Area: 107.12 Square Feet
- Dimensions: 9' 3" X 11' 7"
Bedroom s
- Level: Upper
- Area: 136.62 Square Feet
- Dimensions: 12' 4" X 11' 1"
Bedroom s
- Level: Upper
- Area: 175.7 Square Feet
- Dimensions: 12' 4" X 14' 3"
Bedroom s
- Level: Upper
- Area: 154.82 Square Feet
- Dimensions: 15' 9" X 9' 10"
Heating
- Baseboard, Central, Wall Furnace, Wood Stove
Cooling
- Central Air, Wall Unit(s), Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Refrigerator
- Laundry: Inside, Laundry Room
Features
- Flooring: Tile, Wood
- Doors: French Doors, Screen Door(s)
- Basement: Interior Entry,Unfinished
- Fireplace features: Den
Interior area
- Total structure area: 3,736
- Total interior livable area: 4,703 sqft
- Finished area above ground: 4,703
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 10
- Parking features: Driveway, RV Access/Parking, Shared Driveway
- Uncovered spaces: 10
Features
- Levels: Two and a Half
- Stories: 2.5
- Patio & porch: Patio
Lot
- Size: 2.24 Acres
- Features: Green Area, Level, Private, Wooded
Details
- Additional parcels included: 060984403400000
- Parcel number: 060984327600000
- Zoning: OI-6
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Asbestos, Vinyl, Wood
- Roof: Fiberglass,Metal,Rubber
Condition
- New construction: No
- Year built: 1830
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Cable Available, Cable Connected, Electricity Connected
Community & HOA
Community
- Subdivision: None
Location
- Region: Black Mountain
- Elevation: 2000 Feet
Financial & listing details
- Price per square foot: $298/sqft
- Tax assessed value: $832,500
- Annual tax amount: $8,018
- Date on market: 6/11/2025
- Cumulative days on market: 442 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Gravel, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/22/2026 | Price change | $1,400,000-6.7%$298/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4258643 Report a problem | ||
| 3/9/2026 | Price change | $1,500,000-6.2%$319/sqft |
Source: Canopy MLS as distributed by MLS GRID #4258643 Report a problem | ||
| 1/23/2026 | Price change | $1,599,9990%$340/sqft |
Source: Canopy MLS as distributed by MLS GRID #4258643 Report a problem | ||
| 8/21/2025 | Price change | $1,600,000-3%$340/sqft |
Source: Canopy MLS as distributed by MLS GRID #4258643 Report a problem | ||
| 6/11/2025 | Listed for sale | $1,650,000$351/sqft |
Source: Canopy MLS as distributed by MLS GRID #4258643 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,018 +27.1% | $924,200 +22.8% |
| 2024 | $6,310 +2.4% | $752,500 |
| 2023 | $6,163 +3.1% | $752,500 |
| 2022 | $5,975 | $752,500 |
| 2021 | $5,975 -1.8% | $752,500 +6.6% |
| 2020 | $6,084 | $706,200 |
| 2019 | $6,084 | $706,200 |
| 2018 | $6,084 | $706,200 |
| 2017 | $6,084 -1.1% | -- |
| 2016 | $6,155 | -- |
Find assessor info on the county website
Monthly payment
Estimated market value
Not available
Estimated sales range
Not available
$3,674/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.