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Property profile & analytics
OFF-MARKET
Land

0 Alpen Rose Way Mills River, NC 28759

124.33 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 124.33-acre property in Mills River, North Carolina, presents a unique opportunity for discerning buyers. Located in Henderson County, near the town of Mills River (zip code 28759), this land boasts a desirable MR-MU zoning designation. Bordering Pisgah National Forest at its ridgeline, the property offers unparalleled access to outdoor recreation. Direct trail access to the South Mills River and the Turkeypen trail system provides endless opportunities for hiking, biking, and fly fishing. The mature forest, situated on a south-facing slope, provides breathtaking views of the valley and surrounding mountains. An existing network of forest roads ensures convenient access throughout the property, including the ridge. The versatility of this land allows for various development possibilities, including a private estate, a family compound, or a unique community that harmoniously integrates with the natural environment. Its convenient location offers proximity to the amenities of Mills River, including shopping, dining, and breweries. Furthermore, its close proximity to Asheville Airport and Brevard provides easy access to a wider range of cultural and recreational activities. The asking price for this remarkable property is $1,865,000.

Property profile
Verified
Property type Land
Lot 124.33 ac (5,415,815 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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