$1,400,000
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!
Property details
- MLS #
- CAR4258643
- Property type
- Single Family Residence
- Subdivision
- None
- Status
- Active
- Days on market
- 383
- On market date
- June 11, 2025
- Stories
- N/A
- Total bathrooms
- 9
- 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 (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 146
- Student:teacher ratio
- 11.2:1
- District
- Buncombe County Schools
- Enrollment
- 457
- Student:teacher ratio
- 13.4:1
- District
- Buncombe County Schools
- Enrollment
- 278
- Student:teacher ratio
- 25.3:1
- District
- Buncombe County Schools
Walkability
Blended score for Black Mountain'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 Black Mountain, from live MLS data.
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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 29, 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.