The Bridle Path Inn

30 Lookout Road · Asheville, NC

$1,850,000
Asking Price
$137,400+
2026 Revenue Locked
$141,082
Peak Revenue 2024
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The Opportunity
The only asset of its kind in Asheville

01 Legally Protected Operating Rights

Operating as a licensed B&B since before Asheville's 2018 short-term rental prohibition — a legally confirmed nonconforming use that transfers with the property and cannot be established by any new entrant in the city.

02 Unique Nonconforming Use Status

The only property in the neighborhood operating under a city-confirmed commercial nonconforming use — providing operational flexibility for hospitality, events, and mixed-use that no neighboring residential property can access regardless of price.

03 Among Asheville's First Established B&Bs

One of Asheville's oldest and most established Bed & Breakfasts — among the first ever designated in a city world-famous for boutique hospitality. That heritage carries brand recognition, guest loyalty, and Airbnb ranking advantages money alone cannot buy.

By The Numbers

A Proven, Protected Asset

$99,000+
STR Booked 2026
4
Independent Units
Est. 1900s
Historic Property
$647
Avg Nightly Rate (AirDNA)
90-Day
Lease Flexibility
Investment Strategies

Four Paths to Return

Current Mixed Model

$137,400+ gross

One STR unit plus three long-term rentals — a proven, income-producing model generating strong returns today with zero operational changes required.

All Units STR

$180K – $240K+

Convert all four units to short-term rental. Legally protected by confirmed nonconforming use — no competitor in Asheville can replicate this model. AirDNA market data projects $32,000+ annually per 2BD/2BA unit, supporting a $180K–$240K+ gross revenue ceiling.

Full Luxury B&B

$150K – $200K+

Operate all units as a single luxury Bed & Breakfast experience. Every unit has a full kitchen. Ideal for weddings, corporate retreats, and exclusive group stays.

Owner-Operator Lifestyle

Live + Earn

Occupy the renovated lower-level unit as your primary residence — easily converted to a 2BD/1BA owner's quarters — while the remaining three units generate $100K+ in annual income.

Corporate Group Rental

$175K – $225K+

Whole-property buyouts for film productions, executive offsites, and extended corporate stays. Every unit has a full kitchen making extended stays completely self-contained.

Individual Unit STR Portfolio

Maximum Flexibility

Each of the four units can operate independently as its own STR — creating a diversified hospitality portfolio under one roof, one ownership, one legally protected address.

Confidential Inquiry

Request the Investment Memo

The Bridle Path Inn is offered as a confidential, off-market opportunity. Complete the form below and we will share the full investment memorandum with qualified parties.

Your inquiry is confidential. We respond to qualified investors within two business days.

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