Historic 1860s stone house for sale in NC mountains for $750K. Here’s the catch
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Historic 1860s stone house for sale in NC mountains for $750K. Here’s the catch

A historic two-story, 1860s’ stone house is for sale for what would seem a bargain-basement $750,000 in the North Carolina mountains.

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The catch: While draped by trees, the 2.5-acre estate in the Henderson County town of Fletcher is surrounded by commercial buildings and industry.

For that reason, Florida-based Premier Sotheby’s International Realty suggests a commercial use for the six-bedroom, nearly 6,000-square foot home on Meadows Blake House Lane. Premier Sotheby’s global real estate advisor Charlie Williams recently listed the home known as The Meadows.

The home could become a restaurant or a bed and breakfast, or its bedrooms could be converted into booths, according to its listing.

“North Carolina provides historic rehabilitation tax credits for eligible projects, while qualifying income-producing properties may be able to combine state incentives with the 20% federal historic rehabilitation tax credit,” according to a Premier Sotheby’s news release announcing the home is for sale.

Henderson County values the home at $467,400 and the land at $261,400, for a total taxable value of $728,800, public property tax records show.

Michael and Judy McKnight, listed in public property records as the owners of the home, couldn’t be reached by The Charlotte Observer on Tuesday.

“Fletcher has grown and changed around The Meadows for generations, yet this remarkable stone house has endured,” Williams said in a statement in the news release.

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“That contrast is part of what makes the property so compelling,” Williams said. “You have nearly 170 years of history sitting in the middle of a community that looks entirely different today.”

The Meadows was nominated to the National Register of Historic Places in 1979, according to Premier Sotheby’s.

The home was built of locally quarried granite rubble stone in the Italianate style inspired by farmhouses and villas of Italy’s countryside. The style was popular in the U.S. from the 1840s to the 1880s, according to the National Park Service.

The Meadows includes a low-hipped roof, three interior chimneys, a veranda and semi-hexagonal bay windows, its listing shows.

The Meadows traces its roots to Daniel Blake’s 1827 purchase of about 950 acres along the Buncombe Turnpike, according to a history of the property provided by Premier Sotheby’s.

Originally from England, Blake was among the affluent Charleston-area residents who spent their summers in the cooler N.C. mountains. After Blake’s original frame home burned around 1860, his son Robert built the current stone residence.

Read more Historic 1860s stone house for sale in NC mountains for $750K. Here’s the catch

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