8826 Boylston Hwy, Mills River, NC 28759
One of WNC's most unique properties w/ mixed uses possible. Event Center, a camp or a campus recreational. 5+ acre pond/lake w/event center, a house for VRBO/AirBnB or other uses. Event center has large spacious activity room, wardrobe/dressing rooms, service room, full kitchen for catering public restrooms. Lower level offers possible expansion or other uses w/ open unfinished area multiple locations pre-plumbed for bathrooms/kitchens and storage. House has multiple possible uses. Currently a short term rental but could serve as longer term rental, caretaker or offices (or combination). Lake belongs to property is restricted to use by only the adjacent property owners this property. No Motorized boats or water craft allowed. Old Barn also on property for storage. Beautiful setting with distant mountain views, lake front and lake views and sufficient parking for activities or events on property. Must see to appreciate the property to understand the mixed use options.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.