Unimproved Commercial at Mars Hill
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Gentle Slope - Mars Hill
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Building to be removed - Mars Hill
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15 photos

$500,000

Mars Hill, NC 28754
Listed by Lori English · RE/MAX RESULTS
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Prime 18+ acre commercial opportunity located on US Hwy 23 in the highly desirable Wolf Laurel area of Mars Hill, NC less than one mile from I-26 Exit 3. Positioned at the last North Carolina exit before Tennessee, this high-visibility property captures consistent year-round traffic from tourists, outdoor enthusiasts, and locals alike. Surrounded by popular mountain attractions including skiing, hiking trails, cabins, and scenic retreats, the location offers exceptional accessibility to Mars Hill, Weaverville, Asheville, and Johnson City, TN. The property features multiple cleared and leveled build-ready areas, making it ideal for a variety of development opportunities including retail, restaurant, boutique hotel, Airbnb community, campground, or mixed-use investment. Strong short-term rental demand and excellent highway exposure add to the property's outstanding potential. Additional improvements include spring water on site, as well as existing well and septic. Easy access, strong visibility, and growing tourism in the area make this a rare investment opportunity in Western North Carolina. Whether you're an investor, developer, or entrepreneur, this property is ready for your vision.

Property details

MLS #
CAR4203989
Property type
Unimproved Commercial
Subdivision
N/A
Status
Active
Days on market
522
On market date
December 2, 2024
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
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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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Mars Hill Elementary
5.18 mi away · Grades 0-5
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
497
Student:teacher ratio
13.4:1
District
Madison County Schools
Middle
Madison Middle School
10.37 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
439
Student:teacher ratio
11.6:1
District
Madison County Schools
High
Madison Early College High
9.48 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.1
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
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).

15
Very car-dependent
out of 100
EPA National Walkability Index
4.8 / 20 -- Least 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 Mars Hill, from live MLS data.

On the market 522 days -- 168 more days than Mars Hill's current average of 354 days.
For reference, the median list price across 217 active listings in Mars Hill right now is $130,000.

Mortgage calculator

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

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Est. monthly payment
$3,161/mo
$100,000 down
$400,000 loan
Principal & interest$2,594
Property tax (est.)$417
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated May 8, 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.