$4,990,000
About this home
Discover one of Western North Carolina's most extraordinary legacy properties. Spanning approximately 269 acres in the scenic mountains of Madison County, NC, this rare estate encompasses five existing residences, and offers an unrivaled combination of privacy, versatility, and long-term investment potential. Whether your vision is a private mountain retreat, equestrian estate, legacy family compound, boutique hospitality venture, corporate retreat, conservation property, or a thoughtfully planned development, this remarkable property offers the scale, valuable existing infrastructure, and natural beauty to bring it to life. Enjoy breathtaking long-range mountain views, rolling pastureland, wooded hiking and ATV trails, abundant wildlife, unmatched privacy, and countless potential home sites throughout the estate. The existing residences provide immediate flexibility for extended family, caretakers, guest accommodations, or rental income while preserving incredible opportunities for future growth. Conveniently located just outside the charming town of Mars Hill, with easy access to Asheville, Hatley Pointe, Wolf Laurel, skiing, hiking, and year-round outdoor recreation, this is a once-in-a-generation chance to own one of Western North Carolina's most significant large-acreage mountain estates. The property includes four move-in ready log homes plus an additional ranch-style residence, providing exceptional flexibility for multi-generational living, guest accommodations, staff housing, or income-producing rentals. Additional improvements include a large workshop/garage with an apartment, a picturesque pond, and a massive greenhouse, each ready to be restored. Over a mile of paved roads dissect the acreage with gated access on both the eastern and western boundaries. Underground utilities throughout the property provide a rare foundation for future expansion. Beyond the improvements, multiple rolling pastures give way to hundreds of acres of mature hardwood forest, where an extensive network of trails winds through peaceful valleys and along scenic ridgelines. Please NO DRIVE BYS and do not disturb the tenants.
Highlights
Property details
- MLS
- Canopy MLS
- MLS #
- CAR4397602
- Property type
- Single Family Residence
- Subdivision
- none
- Status
- Active
- Days on market
- 1
- On market date
- July 21, 2026
- Stories
- N/A
- Total bathrooms
- 2
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- N/A
Location
Get directions →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.
- Enrollment
- 497
- Student:teacher ratio
- 13.4:1
- District
- Madison County Schools
- Enrollment
- 439
- Student:teacher ratio
- 11.6:1
- District
- Madison County Schools
- Enrollment
- 271
- Student:teacher ratio
- 27.1:1
- District
- Madison County Schools
Walkability
Blended score for Mars Hill'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).
Market position
How this listing compares to current activity in Mars Hill, from live MLS data.
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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated July 22, 2026.
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.