280 Old Lakey Gap Road, Black Mountain NC
- 4.9 ac
For Sale $999,000
Remarks:
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.
Exterior Features:
Fence, Other - See Remarks
Interior Features:
Open Floorplan, Split Bedroom
General Information:
| List Price: | $999,000 |
| Status: | For Sale |
| Type: | Single Family Residence |
| Parking: | Driveway |
| MLS Number: | CAR4436148 |
| Subdivision: | None |
| Style: | Ranch |
| Lot Description: | Level, Pasture, Private, Creek/Stream, Wooded, Views |
| Year Built: | 2002 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Black Mountain |
| Middle: | Charles D Owen |
| High: | Charles D Owen |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 11-02-2026 | Listed | $999,000 | N/A |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| ArtSpace Charter School | 6 miles | KG-06 | 8 |
| Fairview Elementary | 8 miles | KG-05 | 7 |
| Charles C Bell Elementary | 10 miles | KG-05 | 8 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 280 Old Lakey Gap Road, Black Mountain NC | 0 mi | $999,000 | days | |
| 12 Fay Jones Lane, Black Mountain NC | 0.1 mi | $1,100,000 | days | |
| 25 Rantis Lane, Black Mountain NC | 0.1 mi | $3,200,000 | days | |
| 9 Fay Jones Lane, Black Mountain NC | 0.1 mi | $610,000 | days | |
| 102 Llama Way, Black Mountain NC | 0.1 mi | $289,000 | days | |
| 5 Chaucer Road, Black Mountain NC | 0.2 mi | $1,900,000 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28711
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By Nest Realty Asheville
280 Old Lakey Gap Road, Black Mountain NC is a 0 ft2 on a 4.890 acres lot. This is for $999,000. This has 0 bedrooms, 0 baths, and was built in 2002.
Based on information submitted to the MLS GRID as of 2026-11-02 07:18:10 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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