100 Little Rainbow Mountain Road #1+ADJ in Black Mountain, NC 28711
Closed Price $450,000
62.53 acres just over city limit line Black Mountain, backing up to Montreat Nature Conservancy Forest. There are a few homes that were built on this mountain years ago however there remains a very large wooded acreage that could be subdivided into beautiful mountain view lots or kept whole for a fabulously private estate super close to town. Prime location for vacation rentals. This old-growth forest can be purchased with some owner financing with a large down payment. There is a private home and cabin on 13 acres at the apex of the mountain that is not part of the 62.53 acres. The owner would also consider dividing into 3 tracts and selling them separately.
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Directions: take HWY 9 Assembly Dr to just before the Montreat entry arch where you turn left to head up Rainbow Terr. Please take a tax map or a land app as the acreage wraps around the mountain and will be accessible/front on - Rainbow Terr. to the left as you wind your way up the road turn sharply on to Little Rainbow Mtn. Rd then see my sign on the right where there is a flat spot to park.
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