Mills River, NC Homes for Sale between $5,000,000 to $10,000,000

Mills River, NC Homes for Sale between $5,000,000 to $10,000,000

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Mills River, NC Homes for Sale Between $5,000,000 to $10,000,000

$5,550,160
4329922 MLS ACTIVE UNDER CONTRACT Status
Presenting an exceptional 63-acre commercial development opportunity in the heart of Mills River, North Carolina. One of Western North Carolina’s fastest-growing and most strategically positioned commercial and industrial markets. Located at 32 School House Road, this expansive tract offers a unique combination of scale, zoning versatility, access to public utilities, and proximity to major regional transportation assets. Zoned MR-NC (Neighborhood Commercial), the property supports a wide array of commercial, service-oriented, and mixed-use development possibilities, with the potential for rezoning or conditional approvals for larger commercial or industrial concepts. This flexibility makes the site highly attractive for investors, developers, and end-users seeking a significant presence in a market experiencing sustained industrial and commercial demand. A key feature that sets this property apart is the availability of public water and sewer located adjacent to the tract—a rarity in Mills River, where many large parcels lack utility access. The presence of municipal utilities greatly enhances the development potential and substantially reduces upfront infrastructure costs. The land itself is primarily flat and usable, offering broad, functional acreage suitable for commercial campuses, retail and service centers, flex-industrial development, warehousing, light manufacturing, logistics, research facilities, or mixed-use clusters, subject to Town of Mills River requirements and approvals. The site’s layout and topography provide numerous options for phased development, subdivision, or a single large-scale commercial project. Mills River has emerged as a powerhouse for industrial and commercial activity due to its central location between Asheville, Hendersonville, and Brevard, as well as its immediate proximity to Interstate 26, U.S. 280, and the Asheville Regional Airport. National and international companies—including Sierra Nevada Brewing, Amazon, FedEx, Pepsi, GF Linamar, and others have invested heavily in this corridor, drawn by excellent transportation access, a stable workforce, logistics advantages, and a pro-business regulatory environment. Industrial and commercial land absorption in Mills River has outpaced supply for years, creating strong long-term value and making large contiguous tracts with utility access increasingly scarce. An old 1850’s colonial home remains on the property; however, it is considered to have no contributory value and is not expected to affect redevelopment plans. The highest and best use of the site lies overwhelmingly in its commercial and industrial potential. With its combination of location, visibility, access, utilities, and sheer acreage, this property represents one of the most compelling development opportunities currently available in Western North Carolina. Whether your vision is a corporate campus, industrial park, commercial center, or an investment hold for future appreciation, 32 School House Road delivers the fundamentals that developers and end-users seek—location strength, infrastructure, zoning flexibility, and market momentum. This is a rare chance to control a legacy-sized tract in a thriving commercial hub poised for continued long-term growth.

32 School House Road, Mills River

Listing courtesy of Keller Williams Mtn Partners, LLC. davidleeteam@gmail.com

$5,250,000
3 Beds 5 Baths 4251070 MLS ACTIVE Status
Absolutely spectacular custom mountain estate showcasing magnificent long-range views toward the Blue Ridge Parkway. Nestled on 36.79± private acres in Mills River near South Asheville, this exceptional property offers the perfect balance of seclusion and convenience—just minutes to Asheville, Hendersonville, Brevard, and approximately 10 minutes to Asheville Regional Airport. Designed for both grand entertaining and comfortable everyday living, the home features expansive open living areas, rich hardwood floors, and a gourmet kitchen outfitted with top-of-the-line appliances. Three fireplaces add warmth and ambiance throughout, while the spacious primary suite provides a private retreat. Outdoor living is equally impressive, highlighted by a stunning covered porch with a fireplace—perfect for enjoying breathtaking mountain views year-round. The estate also includes a four-car garage with guest quarters above, offering flexibility for visitors or extended stays. The land itself is truly remarkable, featuring a mix of pasture and open space ideal for gardening or recreation, a paved driveway with gated entrance, and extensive frontage along Boylston Creek. Private trails wind through the property, inviting exploration and connection with nature. A rare offering in the heart of Western North Carolina, this extraordinary estate captures the very best of mountain living—privacy, beauty, and unmatched proximity to the region’s most desirable destinations.

26 Bonnies Cove Trail, Mills River

Listing courtesy of Fisher Realty,Sapphire/Toxaway. ajennings@fisherrealtync.com

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