Real Estate Investment Properties for Sale in Mill Spring, NC

Looking for investment property in Mill Spring, NC with high ROI ?

Explore a variety of short-term homes & houses in Mill Spring, NC. Invest wisely with VRBO & Mill Spring, NC Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Mill Spring, NC

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
119 Celestial Way Mill Spring, NC If privacy, quiet, peace and serenity are what you're looking for, then look no further. T...	3 beds \| 2 baths \| 1,380 sq.ft.	$415,000	Airbnb cash on cash: -0.12% Traditional cash on cash: 2.13% Airbnb Rental Income: $1169 Traditional Rental Income: $1659 Airbnb ROI: -0.12% Traditional ROI: 2.13%
105 Palisade Drive Mill Spring, NC Turn-key log home vacation rental is ready to make your living in the mountains a dream co...	4 beds \| 4 baths \| 2,428 sq.ft.	$550,000	Airbnb cash on cash: 1.11% Traditional cash on cash: 3.77% Airbnb Rental Income: $1907 Traditional Rental Income: $2769 Airbnb ROI: 1.11% Traditional ROI: 3.77%
1434 Lake Adger Road Mill Spring, NC Charming Equestrian Farm with Mountain Views & Income Potential on 7.76 Acres! Welcome ...	4 beds \| 3 baths \| 1,188 sq.ft.	$625,000	Airbnb cash on cash: 1.16% Traditional cash on cash: 2.18% Airbnb Rental Income: $1907 Traditional Rental Income: $1999 Airbnb ROI: 1.16% Traditional ROI: 2.18%
91 Island View Court Mill Spring, NC Time is running out to claim your lakefront lifestyle at 91 Island View Court - Where luxu...	4 beds \| 5 baths \| 4,248 sq.ft.	$1,249,900	Airbnb cash on cash: -0.26% Traditional cash on cash: 3.08% Airbnb Rental Income: $1907 Traditional Rental Income: $5276 Airbnb ROI: -0.26% Traditional ROI: 3.08%
6271 NC Hwy 108 E Mill Spring, NC 3.3 UNRESTRICTED acres! The property has been cleaned up and is ready for your next ventur...	2 beds \| 1 baths \| N/A	$169,900	Airbnb cash on cash: 1.07% Traditional cash on cash: 5.09% Airbnb Rental Income: $902 Traditional Rental Income: $1214 Airbnb ROI: 1.07% Traditional ROI: 5.09%
Birkdale Drive unit: 159 #159 Mill Spring, NC This timeless design offered by Mountain Sky Builders, is situated on a quiet cul-de-sac u...	3 beds \| 3 baths \| 2,476 sq.ft.	$1,476,206	Airbnb cash on cash: -1.58% Traditional cash on cash: 1.05% Airbnb Rental Income: $1169 Traditional Rental Income: $4390 Airbnb ROI: -1.58% Traditional ROI: 1.05%
3905 S Wilson Hill Road Mill Spring, NC Located in Mill Springs, North Carolina. This property comes with 20 acres, three bedroom ...	3 beds \| 2 baths \| 1,313 sq.ft.	$270,000	Airbnb cash on cash: 1.09% Traditional cash on cash: 5.44% Airbnb Rental Income: $1169 Traditional Rental Income: $1895 Airbnb ROI: 1.09% Traditional ROI: 5.44%
1810 Coopers Gap Road Mill Spring, NC Welcome home to your own piece of paradise w/ spectacular mountain views! As you approach ...	3 beds \| 3 baths \| 2,787 sq.ft.	$775,000	Airbnb cash on cash: -0.88% Traditional cash on cash: 1.41% Airbnb Rental Income: $1169 Traditional Rental Income: $2434 Airbnb ROI: -0.88% Traditional ROI: 1.41%
23 Laurel Crest Lane Mill Spring, NC Mountain Home in pristine Lake Adger Mountain Park Community with deed boat slip. Home is ...	3 beds \| 3 baths \| 2,460 sq.ft.	$800,000	Airbnb cash on cash: -0.91% Traditional cash on cash: 1.32% Airbnb Rental Income: $1169 Traditional Rental Income: $2442 Airbnb ROI: -0.91% Traditional ROI: 1.32%
256 School Road Mill Spring, NC Kick off your boots and stay a while! This cute bungalow is located in the heart of Mill S...	2 beds \| 2 baths \| 1,628 sq.ft.	$325,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 4.51% Airbnb Rental Income: $902 Traditional Rental Income: $2033 Airbnb ROI: -0.3% Traditional ROI: 4.51%
603 Green Hills Road Mill Spring, NC Discover 603 Green Hills, a rare opportunity in the Green Hills section of Lake Adger. Thi...	3 beds \| 4 baths \| 2,871 sq.ft.	$895,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 3.03% Airbnb Rental Income: $1169 Traditional Rental Income: $3646 Airbnb ROI: -0.4% Traditional ROI: 3.03%
536-3 Pea Ridge Road Mill Spring, NC Mobile Home and commercial building with 10 acres, 3.5 miles from Tryon International Eque...	3 beds \| 2 baths \| 1,800 sq.ft.	$325,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 4.7% Airbnb Rental Income: $1169 Traditional Rental Income: $2091 Airbnb ROI: 0.43% Traditional ROI: 4.7%
10105 NC Hwy 108 E Mill Spring, NC A rare Polk County property combining river frontage, equestrian potential, and near-zero ...	4 beds \| 4 baths \| 3,214 sq.ft.	$1,195,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 1.3% Airbnb Rental Income: $1907 Traditional Rental Income: $3077 Airbnb ROI: -0.21% Traditional ROI: 1.3%
80 Winter Lane #8&11 Mill Spring, NC Welcome to 80 Winter Lane, a comfortable and move-in-ready 3 bedroom, 2 bathroom home loca...	3 beds \| 2 baths \| 1,792 sq.ft.	$250,000	Airbnb cash on cash: 1.72% Traditional cash on cash: 7.26% Airbnb Rental Income: $1169 Traditional Rental Income: $2092 Airbnb ROI: 1.72% Traditional ROI: 7.26%
723 N Highland Road Mill Spring, NC 28 acres of privacy and mountain views in all directions. This beautiful log home with a l...	4 beds \| 3 baths \| 2,616 sq.ft.	$1,595,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 0.31% Airbnb Rental Income: $1907 Traditional Rental Income: $2361 Airbnb ROI: -0.34% Traditional ROI: 0.31%
1888 Pea Ridge Road Mill Spring, NC Ideally located only minutes from the Tryon Int'l Equestrian Center and US-74, this +-211 ...	3 beds \| 1 baths \| N/A	$3,195,000	Airbnb cash on cash: -0.81% Traditional cash on cash: -0.62% Airbnb Rental Income: $1169 Traditional Rental Income: $1364 Airbnb ROI: -0.81% Traditional ROI: -0.62%
21 Rock Ridge Road Mill Spring, NC Stunning 3-bedroom Arts & Crafts-style home built in 2023, perfectly situated on 5 private...	3 beds \| 4 baths \| 2,521 sq.ft.	$1,200,000	Airbnb cash on cash: -0.64% Traditional cash on cash: 1.37% Airbnb Rental Income: $1169 Traditional Rental Income: $3021 Airbnb ROI: -0.64% Traditional ROI: 1.37%

Real Estate investment in Mill-spring, NC

There are 17 properties for sale in the city of Mill Spring . The median list price in Mill Spring is $775,000 and the average price per square foot is $335. In December 2025, the average monthly cash on cash return in Mill Spring is 2.00%. The average monthly rental income in Mill Spring is $2,361.

Mill-spring, NC Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 17 investment properties available for sale in Mill-spring.

In 2025, the best neighborhood to buy investment property is Mill Spring.

The ROI for Short-Term is higher than the Long-Term in Mill-spring with average rental income of $1,169.

Your search for investment property begins and ends here

Investment Property for Sale in Mill Spring, NC

119 Celestial Way

Mill Spring, NC

3 beds | 2 baths | 1,380 sq.ft.

$415,000

Airbnb cash on cash: -0.12%

Traditional cash on cash: 2.13%

Airbnb Rental Income: $1169

Traditional Rental Income: $1659

Airbnb ROI: -0.12%

Traditional ROI: 2.13%

105 Palisade Drive

Mill Spring, NC

4 beds | 4 baths | 2,428 sq.ft.

$550,000

Airbnb cash on cash: 1.11%

Traditional cash on cash: 3.77%

Airbnb Rental Income: $1907

Traditional Rental Income: $2769

Airbnb ROI: 1.11%

Traditional ROI: 3.77%

1434 Lake Adger Road

Mill Spring, NC

4 beds | 3 baths | 1,188 sq.ft.

$625,000

Airbnb cash on cash: 1.16%

Traditional cash on cash: 2.18%

Airbnb Rental Income: $1907

Traditional Rental Income: $1999

Airbnb ROI: 1.16%

Traditional ROI: 2.18%

91 Island View Court

Mill Spring, NC

4 beds | 5 baths | 4,248 sq.ft.

$1,249,900

Airbnb cash on cash: -0.26%

Traditional cash on cash: 3.08%

Airbnb Rental Income: $1907

Traditional Rental Income: $5276

Airbnb ROI: -0.26%

Traditional ROI: 3.08%

6271 NC Hwy 108 E

Mill Spring, NC

2 beds | 1 baths | N/A

$169,900

Airbnb cash on cash: 1.07%

Traditional cash on cash: 5.09%

Airbnb Rental Income: $902

Traditional Rental Income: $1214

Airbnb ROI: 1.07%

Traditional ROI: 5.09%

Birkdale Drive unit: 159 #159

Mill Spring, NC

3 beds | 3 baths | 2,476 sq.ft.

$1,476,206

Airbnb cash on cash: -1.58%

Traditional cash on cash: 1.05%

Airbnb Rental Income: $1169

Traditional Rental Income: $4390

Airbnb ROI: -1.58%

Traditional ROI: 1.05%

3905 S Wilson Hill Road

Mill Spring, NC

3 beds | 2 baths | 1,313 sq.ft.

$270,000

Airbnb cash on cash: 1.09%

Traditional cash on cash: 5.44%

Airbnb Rental Income: $1169

Traditional Rental Income: $1895

Airbnb ROI: 1.09%

Traditional ROI: 5.44%

1810 Coopers Gap Road

Mill Spring, NC

3 beds | 3 baths | 2,787 sq.ft.

$775,000

Airbnb cash on cash: -0.88%

Traditional cash on cash: 1.41%

Airbnb Rental Income: $1169

Traditional Rental Income: $2434

Airbnb ROI: -0.88%