$274,000

About this home

BACK ON THE MARKET — $20,000 PRICE REDUCTION! Great news for buyers! The previous buyers changed their minds about the location, giving you another opportunity to purchase this rare, one-of-a-kind Mills River property. During their due diligence, both buyers and sellers gained valuable additional information about the property and its potential. NEW INFORMATION: Inspections confirmed two septic systems—one serving the main house and one serving the mobile homes. The existing concrete septic tanks are old and need to be replaced. Estimates for approximately $15,000 in replacement work are available. The new Trailer systems would be for a total of 4 bedrooms. The water well is working, although the supply line is currently broken. A video of the well is available. A home inspection report is also available, providing additional information about the condition of the main house, which is generally consistent with what can be seen during a visit. To help address the needed updates, the property is now offered with a $20,000 price reduction, making this an excellent opportunity for a buyer ready to renovate and bring their vision to life. 86 Sterling Drive offers an exceptional combination of location, usable land, multiple homesites, and potential. Whether you're looking for a primary residence, mountain retreat, family compound, or investment property, opportunities like this are increasingly difficult to find. The property features a single-level ranch home with 3 bedrooms, 1 full bath, and a covered front porch. The level lot overlooks neighboring pastures and offers potential for beautiful mountain views. Two additional homesites with older mobile homes add even more possibilities. Each has its own address, power service, while the mobile home sites share the water well and their own shared septic. Preliminary discussions with the Town of Mills River and Henderson County indicate that replacing the mobile homes with similar structures, such as off-site-on-frame tiny homes or log cabin cottages, may be possible, subject to buyer verification and all applicable approvals. The possibilities are exciting—create a multi-generational family compound, long-term rental portfolio, private retreat, or other investment opportunity. The location is outstanding, with convenient access to Asheville, Hendersonville, Brevard, Asheville Regional Airport, shopping, dining, breweries, and endless outdoor recreation, while still enjoying the peaceful setting of rural Mills River. This is an estate sale and the property is being sold As-Is. Buyers are encouraged to review the available inspection information and estimates and perform their own due diligence regarding all aspects of the property. Back on the market, $20,000 reduced, and now better understood. Bring your vision and take advantage of this rare opportunity in one of Mills River's most desirable locations!

Property details

MLS

Canopy MLS

MLS #

CAR4401829

Property type

Portfolio

Subdivision

N/A

Status

Active

Days on market

74

On market date

July 17, 2026

Stories

1

Total bathrooms

3

Garage spaces

N/A

Parking spaces

N/A

Lot size

N/A

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.