$2,900,000
About this home
Discover a truly one-of-a-kind legacy property in the heart of Pisgah Forest, North Carolina. Spanning approximately 31 picturesque acres with year-round layered mountain views, this remarkable estate blends history, natural beauty, and exceptional commercial potential. At the center of the property stands a beautifully preserved circa-1862 historic bed & breakfast with six rentable rooms and expansive private living quarters. The grounds also feature a charming 2-bedroom log cabin—ideal for guest accommodations, rental income, or an on-site caretaker. The estate also includes an open-air restaurant nestled beside a gently flowing stream, and an easy walking trail to a private waterfall, creating an unforgettable setting for visitors and endless opportunities for outdoor enjoyment. In addition, a quintessential barn primed for renovation into an event venue, perfectly suited for weddings, retreats, or special gatherings, is a few steps away. Key Falls Estate is central to outdoor recreation in the area, minutes from Pisgah National Forest and DuPont State Forest, under 10 minutes from downtown Brevard and 30 minutes to downtown Hendersonville. It is 30 minutes from the Asheville Regional Airport and just over an hour to the Greenville-Spartanburg International Airport. Adding even more value, the Ecusta Trail (connecting Hendersonville and Brevard), when completed, will border the property, enhance accessibility and future visibility, and connect to one of the region’s most anticipated recreational corridors. Whether envisioned as a hospitality destination, event venue, retreat center, or mixed-use investment, this extraordinary property offers limitless possibilities in one of Western North Carolina’s most sought-after locations with no zoning restrictions. Note: the adjoining 5 acres with a large home is for sale as well, 243 Popular Lane, MLS Number 4386955
Property details
- MLS
- Canopy MLS
- MLS #
- CAR4361425
- Property type
- Special Purpose
- Subdivision
- N/A
- Status
- Active
- Days on market
- 79
- On market date
- April 7, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- N/A
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 409
- Student:teacher ratio
- 17.0:1
- District
- Brevard Academy
- Enrollment
- 514
- Student:teacher ratio
- 12.0:1
- District
- Transylvania County Schools
- Enrollment
- 77
- Student:teacher ratio
- 8.6:1
- District
- Transylvania County Schools
Walkability
Blended score for Pisgah Forest's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Pisgah Forest, from live MLS data.
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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 25, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.