$2,295,000
About this home
Introducing an exceptional development opportunity in the heart of Mills River. This MRMU-zoned property offers a strategic foothold for land or industrial investors seeking a presence in the thriving Asheville market. Situated at the intersection of Old Fanning Bridge Road and NC Highway 191, the parcel enjoys nearly 900 feet of frontage on NC 191 with excellent visibility and accessibility. The rectangular configuration, public water access, and gentle topography create a highly developable site suitable for a range of uses. A septic system will be required, but site conditions support straightforward infrastructure planning. With its premier location and versatile development potential, 5620 Old Haywood Road stands out as a compelling investment in one of Western North Carolina’s most desirable commercial corridors. Existing house and barn conveyed at no value. Price reduction from $2,995,000 to $2,295,000 (±11.18 Acres) This property is also available in approximate portions of ±5.78 Acres ($1,450,000) and ±5.40 Acres ($1,095,000). - located at corner of NC 191 and Old Fanning Bridge Rd. - nearly 900 feet of frontage on NC 191 - access to public water (12" and 6" lines) - gentle topography - Town of Mills River - Mixed Use zoning
Property details
- MLS
- Canopy MLS
- MLS #
- CAR4318127
- Property type
- Unimproved Commercial
- Subdivision
- N/A
- Status
- Active
- Days on market
- 321
- On market date
- October 31, 2025
- Stories
- N/A
- Total bathrooms
- N/A
- 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
- 572
- Student:teacher ratio
- 15.9:1
- District
- Henderson County Schools
- Enrollment
- 784
- Student:teacher ratio
- 14.5:1
- District
- Henderson County Schools
- Enrollment
- 204
- Student:teacher ratio
- 34.0:1
- District
- Henderson County Schools
Walkability
Blended score for Mills River'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 Mills River, from live MLS data.
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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 6 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.