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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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1186 Old Us 70 Hwy , Black Mountain, NC 28711
$1,400,000
Est. Payment: $3,111.11/mo
0 Bed
9 Bath
4703 Sqft
Status: Active | Days on site: 375
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11597 - clsmith
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

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!
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Highlights

Listed by Chris Smith , 828-450-2826 Century 21 Connected , 828-348-0222.

Property Type

Commercial Sale
Lot/Acreage
2.24

Year Built

1830

County

Buncombe

Listing ID

4258650

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:9
  • ▪ Full Bathrooms:
Appliances:Dishwasher, Dryer, Electric Cooktop, Electric Oven, Refrigerator
Air Cond:Central Air,Wall Unit(s),Window Unit(s)
Fireplaces:
Floor:Tile,Wood
Basement:Interior Entry,Unfinished
Water:City

Exterior Features

Lot:Private,Wooded
Garage Capacity:30
Roof:Fiberglass,Metal,Rubber
Sewer:Public Sewer
Parking Features:Driveway,RV Access/Parking,Shared Driveway
Principal Interest
$3,111
Taxes
$893

Home Price

$1,400,000

Loan Details

30 yrs
%

Down Payment

20%
$280,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,111.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,111.11 $892.50 $0.00 $4,003.61
Yearly $37,333.33 $10,710.00 $0.00 $48,043.33
Total $1,120,000.00 $321,300.00 $0.00 $1,441,300.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Black Mountain, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.