Single Family Residence at 1 Old Mill Lane, Weaverville
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AI filtered - 1 Old Mill Lane, Weaverville
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AI filtered - 1 Old Mill Lane, Weaverville
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AI filtered - 1 Old Mill Lane, Weaverville
AI filtered - 1 Old Mill Lane, Weaverville
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AI filtered - 1 Old Mill Lane, Weaverville
AI filtered - 1 Old Mill Lane, Weaverville
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AI staged for Res conversion inside Mill - 1 Old Mill Lane, Weaverville
AI staged for Res conversion inside Mill - 1 Old Mill Lane, Weaverville
AI staged for Res conversion inside Mill - 1 Old Mill Lane, Weaverville
AI staged for Res conversion inside Mill - 1 Old Mill Lane, Weaverville
43 photos

$3,750,000

1 Old Mill Lane
Weaverville, NC 28787
Listed by Mike Bryant · Estate Realty
Bedrooms
5
Bathrooms
5
Living area
9,675 sqft
Year built
1914

About this home

Historic Weaverville Milling Company Circa 1914 Rare Opportunity to owne this former Grist and Woven Mill, House and Cottage on 5 Acres with 1,000 ft. of Bold Creek Frontage. The former 200 seat Restaurant closed in 2011. Just 10 minute North of Downtown Asheville and 5 minutes to Downtown Weaverville shopping and restaurants. Property is located in the County for lower taxes & only 10 min. to Downtown Asheville. Ideal for Private Club, Event Space or Restaurant.... The Mill is over 7,000 sq.ft. + 1,400 sq ft covered patio. The Old Mill building has strong local history. Old house (1940s) remodeled w 3 bed /2 bath , and rear deck, large unfinished lower level daylight basement. Old Cottage remodeled w 1 bed and 1 bath , kitchenette approx. 600 SQ Ft with 300 sq ft rear deck. Zoning allows short term rental and mixed use commercial. 1 Old Mill lane lot zoned EMP, 9 Old Mill lane zoned R-3. Not in Weaverville City limits. Property has City Water, Sewer & Natural Gas. Property has flood plain but structures stand up high on land and not impacted during Hurricane Helene. Property has multiple potential uses. Very rare private peaceful sanctuary along the bold waterway. Some photos enhanced with AI to show update potential and residential potential. Property has multiple potential uses. Very rare private peaceful sanctuary along the bold waterway. Any photos enhanced with AI are labeled individually including staging for residential conversion of Mill space.

Highlights

Fireplace

Property details

MLS
Canopy MLS
MLS #
CAR4410367
Property type
Single Family Residence
Subdivision
none
Status
Active
Days on market
60
On market date
August 1, 2026
Stories
N/A
Total bathrooms
5
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Weaverville Elementary
0.36 mi away · Grades 2-4
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
304
Student:teacher ratio
13.8:1
District
Buncombe County Schools
Middle
North Buncombe Middle
2.19 mi away · Grades 7-8
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
485
Student:teacher ratio
12.4:1
District
Buncombe County Schools
High
Early College
7.86 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
278
Student:teacher ratio
25.3:1
District
Buncombe County Schools

Walkability

Blended score for Weaverville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

20
Very car-dependent
out of 100
EPA National Walkability Index
6.5 / 20 -- Below average walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Weaverville, from live MLS data.

On the market 60 days -- 79 fewer days than Weaverville's current average of 139 days.
For reference, the median list price across 224 active listings in Weaverville right now is $499,950.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$22,733/mo
$750,000 down
$3,000,000 loan
Principal & interest$19,458
Property tax (est.)$3,125
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 24 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.