
86 Sterling Drive, Mills River, NC 28759
None · Henderson County
Key Facts
Description
Location - Location - Location! Located in one of Western North Carolina's most desirable areas, this unique Mills River property offers exceptional potential with a combination of location, usable land, and multiple homesites. Whether you're searching for a primary residence, mountain retreat, family compound, or investment property, 86 Sterling Drive presents an opportunity that's becoming increasingly difficult to find. The property features a single-level ranch home with 3 bedrooms, 1 full bath, and a covered front porch, ready for your remodeling vision. The level lot overlooks neighboring pastures with the potential for beautiful mountain views. Two additional homesites with older mobile homes add to the property's appeal. Each site has its own address, power service, and septic system, and they share a water well. According to preliminary discussions with the Town of Mills River and Henderson County, replacing mobile homes with similar structures, such as off-site on frame built tiny homes or log cabin cottages may be possible, subject to buyer verification and all applicable approvals. This creates exciting possibilities for a multi-generational family compound, long-term rental portfolio, or other investment opportunities. The location is truly outstanding. Enjoy convenient access to Asheville, Hendersonville, Brevard, Asheville Regional Airport, shopping, dining, breweries, and the area's endless outdoor recreation within walking distance while still enjoying the peaceful setting of rural Mills River. This is an estate sale, and the property is being sold As-Is. The main home has been vacant since winter. The sellers have limited knowledge of the property's condition, as no heirs have occupied it for several years. One mobile home has floor damage, and the other has smoke damage. Buyers should consider the mobile homes to have little structural value, the greatest value lies in the existing homesites and the potential for future replacement or redevelopment. Opportunities like this—offering multiple homes in such a prime Mills River location—are exceptionally rare. Bring your vision and explore the possibilities.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Ranch / Traditional
Year Built
1965
Living Area
1,094 sq ft
Zoning
MR-MU
Days on Market
1
MLS® Listing#
4401827
Property Features
Appliances
Cooling
Heating
Flooring
Basement
Parking
Laundry
Patio
Fencing
Lot Features
Roof
Utilities
Water Source
Schools
- Elementary:
- Mills River
- Middle:
- West Henderson
- High:
- West Henderson
Financial Details
HOA
None
Assessed Value
$137,000
Parcel Number
801038
Directions
GPS works great. Walking distance to actual Mill River.... river!
Affordability Calculator
$65,800
Estimated monthly payment
$1,751/mo
Principal $263,200 · Est. interest $367,187 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Mills River, NC
- $337,011
- Median Listing Price
- 49
- Median Days on Market
- 1,909
- Median Sq Ft
- $173
- Median Price / Sq Ft
- 479
- Active Listings
- This home’s price is 2% below the area median.
- Its price per sq ft is 74% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Mills River, NC.
Location
Map is currently unavailable for this location.
Points of Interest in Mills River, NC
Showing the Mills River area map.
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 297 Old Swamp Road, South Mills, NC | $234,900 | 3 | 2 | 1,040 |
| 297 Old Swamp RD, South Mills, NC | $234,900 | 3 | — | 1,040 |
| 3827 Goforth Drive, Hope Mills, NC | $235,000 | 3 | 2 | 1,080 |
| 3827 Goforth Drive, Hope Mills, NC | $235,000 | 3 | 2 | 1,080 |
| 5527 Ballentine Street, Hope Mills, NC | $235,000 | 3 | 2 | 1,504 |
| 5527 Ballentine Street, Hope Mills, NC | $235,000 | 3 | 2 | 1,504 |
Moving Cost Estimate
EXIT Agents in Mills River
Listing Courtesy: Home And Land For Sale - tarry@homeandlandforsale.com
Last Updated: 2026-07-17
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