Residential Income

Mills River, NC Residential Income Properties for Sale

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Hendersonville, NC Horse Shoe, NC Arden, NC Fletcher, NC Etowah, NC Laurel Park, NC Manson, NC Pisgah Forest, NC
Triplex with Two Additional Homesites
Updated: Jul 17
Triplex with Two Additional Homesites

86 Sterling Drive, Mills River, NC 28759

$319,000
1.15 AC lot
1.15 acres in MR‑MU zoning
Main home built in 1965; 3 bedrooms and 1 full bath; covered front porch
Two additional homesites, each with its own address, power service, and septic; share one water well
Older mobile homes on the additional homesites; one with floor damage and one with smoke damage
Estate sale sold As‑Is; main home vacant since winter
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Mills River Land with Development Potential
Updated: Sep 19, 2025
Mills River Land with Development Potential

467 Butler Farm Road, Mills River, NC 28759

$2,400,000
12.00 AC lot
12 acres bordering 170+ acres of State Horticulture land.
Proximity to Asheville Airport and I‑26 Airport Road exit.
Development potential for industrial or multi‑family use.
Includes 3 houses, barn, and workshop.
Rolling pasture with views.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 2 Active listings in Mills River, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Triplex Mountain Property with Waterfall
Triplex Mountain Property with Waterfall

1480 Davis Mountain Road, Hendersonville, NC 28739

$975,000
8.49 AC lot

Unrestricted 8.49-acre mountain property with private waterfall, multiple homesites, and short-term rental allowance.

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Land with Two Tiny Container Homes
Land with Two Tiny Container Homes

8 & 10 George Allen Ridge, Arden, NC 28704

$450,000
1.92 AC lot

For sale parcel improved with two fully furnished tiny container homes and city water and sewer connections.

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Two-Unit Residential Income Property
Two-Unit Residential Income Property

1745 Meadowbrook Terrace, Hendersonville, NC 28792

$284,000
2,420 sqft 0.34 AC lot

Elevated duplex on a concrete, metal-roof property with one-level layout and on-site parking.

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Multifamily Asset in South Asheville
Multifamily Asset in South Asheville

2147 Brevard Rd, Arden, NC 28704

Contact for pricing
12,372 sqft

10-unit multifamily asset with value-add potential in high-growth area.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Mills River Development Opportunity
Mills River Development Opportunity

Old Haywood Road, Mills River, NC 28759

$900,000
8.95 AC lot

Prime land for residential development near Asheville and Pisgah Forest.

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Mills River Development Opportunity
Mills River Development Opportunity

Old Haywood Road, Mills River, NC 28759

$900,000
8.95 AC lot

Development land in sought-after Mills River location.

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Mills River Land Opportunity
Mills River Land Opportunity

Hickory Vista Lane, Mills River, NC 28759

$235,000
4.73 AC lot

Five lots totaling 4.73 acres in High Vista neighborhood.

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Buildable Residential Lot
Buildable Residential Lot

9999 Walnut Drive, Mills River, NC 28759

$68,950
1.02 AC lot

Buildable lot in an HOA community, offered with an updated survey and septic permit on file.

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Off-Market Properties in Mills River, NC

Consider similar Off-Market properties in Mills River, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

72 Moody Park Dr
MOBILE HOME PARK, TRAILER PARK

72 Moody Park Dr, Mills River, NC 28759-6727

$285,000
Estimated value
3.70 AC lot
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49 Moody Park Dr
MOBILE HOME PARK, TRAILER PARK

49 Moody Park Dr, Mills River, NC 28759-6727

Value Estimation by Request
0.91 AC lot
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17 Izzy Dr
MOBILE HOME PARK, TRAILER PARK

17 Izzy Dr, Mills River, NC 28759-4276

$850,000
Estimated value
9 sqft 2.55 AC lot
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37 Goode Dr
MOBILE HOME PARK, TRAILER PARK

37 Goode Dr, Mills River, NC 28759-6729

$295,000
Estimated value
12 sqft 3.63 AC lot
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37 Pleasant Pl Dr
MOBILE HOME PARK, TRAILER PARK

37 Pleasant Pl Dr, Mills River, NC 28759

$220,000
Estimated value
4 sqft 2.06 AC lot
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Alpen Rose Way
Land

0 Alpen Rose Way, Mills River, NC 28759

Value Estimation by Request
124.33 AC lot
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4028 Haywood Rd
Farms

4028 Haywood Rd, Mills River, NC 28759

Value Estimation by Request
120.15 AC lot
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24 Sunscape Path
MOBILE HOME PARK, TRAILER PARK

24 Sunscape Path, Mills River, NC 28759-4194

$265,000
Estimated value
2.46 AC lot
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52 Sarah Marie St
MOBILE HOME PARK, TRAILER PARK

52 Sarah Marie St, Mills River, NC 28759-4935

$265,000
Estimated value
0.43 AC lot
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12 Rachels Dr
MOBILE HOME PARK, TRAILER PARK

12 Rachels Dr, Mills River, NC 28759-4177

$5,020,000
Estimated value
936 sqft 1.04 AC lot
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57 Knl Rdg Rd
MOBILE HOME PARK, TRAILER PARK

57 Knl Rdg Rd, Mills River, NC 28759-8525

$270,000
Estimated value
19.73 AC lot
View details

Mills River, NC Residential Income Properties Market Trends and Statistics

Explore 13 residential income properties for sale in Mills River, NC on our real estate platform.

Sale prices for residential income properties in Mills River, NC start at $319,000, averaging $1,359,500, and reaching up to $2,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 4
Short term rental properties 2
Single family properties 1

Demographics Overview

Population 26K
Population Growth (5Y) +3.4%
Median Household Income $82,219
College Educated 56.0%

High-Yield Neighborhoods for Investment

Identify Mills River submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
28759 $1.4M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Henderson County

New Delisted

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