
Improved Mixed-Use Land for Sale in Black Mountain, North Carolina
1186 Old US 70 Hwy, Black Mountain, NC 28711
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.
Location
- Street address
- 1186 Old US 70 Hwy
- County
- Buncombe County
- Elevation
- 2,352 feet
Property details
- Acreage
- 2.24 acres
- Zoning
- OI-6
- MLS #
- CMLS 4258643
- Posted
Parcels
- 060984327600000
Legal description
Deed Date:08/28/1989 Deed:1574-0484 Lot:1 Plat:0156-0197 and Deed Date: 08/28/1989 Deed: 1574-0484 Subdiv: Block: Lot: 1 Section: Plat: 0177-0032
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Lot
- Features
- Green Area, Level, Private, Wooded
Exterior
- Parking
- Driveway, RV
- Pool
- Patio
Structure
- Stories
- 2
- Basement
- Interior Entry, Unfinished
- Sewer
- Public Sewer
- Heating
- Baseboard, Central, Wall Furnace, Wood, Wood Stove
- Cooling
- Central Air, Wall Unit(s), Window Unit(s)
- Materials
- Asbestos, Vinyl
- Roof
- Fiberglass, Metal, Rubber
Interior
- Room Count
- 7
- Rooms
- Basement, Bathroom x 9, Bedroom x 7, Laundry Room
- Flooring
- Tile
- Fireplaces
- Yes
- Appliances
- Dishwasher, Dryer, Electric Cooktop, Electric Oven, Refrigerator
Nearby schools
| Name | Type |
|---|---|
| Black Mountain | Elementary |
| Charles D Owen | Middle |
| Charles D Owen | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 9, 2026 | Price drop | $1,500,000 | $99,999 -6.2% | CMLS |
| Jan 23, 2026 | Price drop | $1,599,999 | $1 0% | CMLS |
| Aug 21, 2025 | Price drop | $1,600,000 | $50,000 -3% | CMLS |
| June 11, 2025 | New listing | $1,650,000 | — | CMLS |














































