1186 Old Us Highway 70, Black Mountain, NC, 28711
About This Home
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!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1830
Materials
- Roof: Fiberglass,Metal,Rubber
- Construction materials: Asbestos,Vinyl,Wood
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Electric Cooktop,Electric Oven,Refrigerator
- Laundry features: Inside,Laundry Room
Basement
- Has basement: Yes
- Basement: Interior Entry,Unfinished
Bedroom S
- Level: Main
- Area: 263.5
- Dimensions: 21' 1" X 12' 6"
Bedroom S
- Level: Upper
- Area: 121.59
- Dimensions: 10' 6" X 11' 7"
Bedroom S
- Level: Upper
- Area: 107.115
- Dimensions: 9' 3" X 11' 7"
Bedroom S
- Level: Upper
- Area: 136.6164
- Dimensions: 12' 4" X 11' 1"
Bedroom S
- Level: Upper
- Area: 175.7025
- Dimensions: 12' 4" X 14' 3"
Bedroom S
- Level: Upper
- Area: 154.8225
- Dimensions: 15' 9" X 9' 10"
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 9
- Full bathrooms: 9
- Main level bedrooms: 1
Features
- Door features: French Doors,Screen Door(s)
- Flooring: Tile,Wood
- Fireplace features: Den
- Finished area below ground: 0
- Finished area above ground: 4,703
Heating & Cooling
- Heating features: Baseboard,Central,Wall Furnace,Wood Stove
- Cooling features: Central Air,Wall Unit(s),Window Unit(s)
Interior Area
- Total structure area: 3,736
- Total interior livable area: 4,703 sqft
Primary Bedroom
- Level: Upper
- Area: 168
- Dimensions: 16' 0" X 10' 6"
Property
Details
- Parcel number: 060984327600000
- Zoning: OI-6
- Special condition: Standard
Features
- Levels: Two and a Half
- Stories: 2
- Patio & porch: Patio
Lot
- Lot size: 2.24 Acres
- Features: Green Area,Level,Private,Wooded
Parking
- Total spaces: 10
- Parking features: Driveway,RV Access/Parking,Shared Driveway
- Has uncovered spaces: Yes
- Uncovered spaces: 10
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Inland Flooding
- Ice Storm
- Landslide
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Buncombe County and North Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,079 | $84,948 |
| Home Insurance * | $389 | $4,668 |
| Property Taxes | $1,013 | $12,156 |
| Electricity | $438 | $5,256 |
| Total | $8,919 | $107,028 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-09 | Price change | $1,500,000 |
| 2026-01-23 | Price change | $1,599,999 |
| 2025-08-21 | Price change | $1,600,000 |
| 2025-06-11 | Listed for sale | $1,650,000 |
For Sale by Agent
View on Zillow