INNOVATE
Real Estate
No photos available for this listing

$1,750,000

Mills River, NC 28759
Listed by Greg Palombi · Dewey Property Advisors
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1975

About this home

Unique Development Opportunity Along the French Broad River This exceptional property features two residential homes, a barn, two ponds, and valuable frontage along the French Broad River. Ideally located in Mills River with close proximity to the Asheville Airport, this site offers a rare combination of natural beauty and strategic access. Zoning can be reverted to MR-LI (Light Industrial), making it an ideal candidate for light manufacturing, warehousing, or other industrial uses.The setting offers the potential for a unique corporate campus or business park, with inspiring mountain views, water features, and a location that supports both employee satisfaction and operational convenience. Whether you're looking to create a dynamic work environment or invest in a versatile tract with strong future potential, this property offers a compelling mix of features and flexibility. ••Highlights•• Mountain and water views • Zoning can be reverted to MR-LI (Light Industrial) • Close proximity to Asheville Regional Airport

Property details

MLS #
CAR4346252
Property type
Industrial
Subdivision
N/A
Status
Active
Days on market
4
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
N/A

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Glenn C Marlow Elementary
0.56 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
572
Student:teacher ratio
15.9:1
District
Henderson County Schools
Middle
Rugby Middle
4.13 mi away · Grades 6-8
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
784
Student:teacher ratio
14.5:1
District
Henderson County Schools
High
Henderson County Early College
10.14 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
204
Student:teacher ratio
34.0:1
District
Henderson County Schools

Mortgage calculator

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Est. monthly payment
$10,689/mo
$350,000 down
$1,400,000 loan
Principal & interest$9,080
Property tax (est.)$1,458
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated February 17, 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.