Powder Horn Mountain (PHM) is a privately owned, gated residential community on 1,250 wooded acres in Triplett, Watauga County, North Carolina, located within the Blue Ridge Mountains.
In the 1970s, developer Bob Horne was inspired to build a tranquil mountain community that originally included a golf course and riding stables with trails in nearby Wilkes County.
After undergoing bankruptcy and foreclosure, the development was divided and various areas sold separately.
In order to save the community's existing homes from foreclosures, a group of property owners founded a partnership called the Laurel Creek Group and purchased the at-risk homes which enabled the creation of the Powder Horn Mountain Property Owners Association (PHM POA).
The many acres that incorporated the old horse stables and various riding trails of the original PHM were purchased some time in the 1980s and developed into the current gated Leatherwood residential community.