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280 Old Lakey Gap RoadBlack Mountain, NC 28711Price: $999,000

  • Price: $999,000
  • Est. Mortgage of $/month
$
$
%
$/month over payments
Federal 30-year interest rate: 7.24% last updated on Oct 29, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $999,000List Price
  • 3Bedrooms
  • 2Full Bath
  • 1,570Square Feet
  • 4.89Acreage
  • CAR4436148MLS Number
Extraordinary property with 4.75+/- acres, streams, and stunning year-round mountain views, perfectly nestled in the heart of Black Mountain and convenient to Cheshire Village. Currently a comprehensive equestrian facility, the property presents many options as a private mountain estate, a multi-generational family compound, a boutique mini-farm, or development. Enjoy the ideal balance of peaceful privacy and neighborhood convenience, with local restaurants, boutique shops, and everyday conveniences all within easy walking distance. TWO HOMES | Charming one-level home with some recent improvements including European French white oak hardwood flooring and high-end carpeting throughout. This could be a wonderful space with the new owner's vision. There is also an older, but functional, mobile home on the property, offering a flexible space for caretakers or extended family. EQUESTRIAN FACILITIES | Featuring an indoor riding arena, a 6-stall barn equipped with water service, an outdoor grass arena, and dedicated feed and tack storage rooms. LAND HIGHLIGHTS | Enjoy long-range mountain views all year long, without the steep winding road. A hard to find combination of privacy, abundant usable land, streams and views. DEVELOPMENT POTENTIAL | Nearly impossible to find within Black Mountain town limits, this property offers many possibilities. Zoned TR-4 with the potential for four homes per one acre.

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Listed by Shanda Richardson of Nest Realty Asheville (shanda.richardson@nestrealty.com)

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