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 PRIVATE MOUNTAIN RETREAT MINUTES FROM LAKE LURE! Discover an affordable mountain getaway a...	3 beds \| 2 baths \| 1,380 sq.ft.	$379,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 2.5% Airbnb Rental Income: $1609 Traditional Rental Income: $1659 Airbnb ROI: 1.07% Traditional ROI: 2.5%
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.	$525,000	Airbnb cash on cash: 2.6% Traditional cash on cash: 3.98% Airbnb Rental Income: $2738 Traditional Rental Income: $2769 Airbnb ROI: 2.6% Traditional ROI: 3.98%
91 Island View Court Mill Spring, NC This is the one. Wake up to mist on the water and a mountain lake that often feels entirel...	4 beds \| 5 baths \| 4,248 sq.ft.	$1,199,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 3.25% Airbnb Rental Income: $2738 Traditional Rental Income: $5276 Airbnb ROI: 0.39% Traditional ROI: 3.25%
1237 South Cove Road Mill Spring, NC The Perfect Full-Time Home or Relaxing Lake Getaway! Experience amazing lake and mountain ...	4 beds \| 4 baths \| 2,411 sq.ft.	$995,000	Airbnb cash on cash: 0.88% Traditional cash on cash: 2.04% Airbnb Rental Income: $2738 Traditional Rental Income: $3170 Airbnb ROI: 0.88% Traditional ROI: 2.04%
723 N Highland Road Mill Spring, NC Experience refined mountain living in this authentic log cabin estate, gracefully set on 2...	2 beds \| 2 baths \| 2,556 sq.ft.	$1,475,000	Airbnb cash on cash: -0.78% Traditional cash on cash: 0.26% Airbnb Rental Income: $1357 Traditional Rental Income: $2361 Airbnb ROI: -0.78% Traditional ROI: 0.26%
1888 Pea Ridge Road Mill Spring, NC Ideally located only 3 minutes from the Tryon Int'l Equestrian Center and US-74, this +-21...	3 beds \| 1 baths \| N/A	$2,999,000	Airbnb cash on cash: -0.67% Traditional cash on cash: -0.36% Airbnb Rental Income: $1609 Traditional Rental Income: $2008 Airbnb ROI: -0.67% Traditional ROI: -0.36%
21 Rock Ridge Road Mill Spring, NC Uncompromising custom luxury awaits in this spectacular 2023 ranch, perfectly secluded on ...	3 beds \| 3 baths \| 2,414 sq.ft.	$1,150,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 1.47% Airbnb Rental Income: $1609 Traditional Rental Income: $3021 Airbnb ROI: -0.28% Traditional ROI: 1.47%
631 Mountain Parkway Mill Spring, NC Welcome to 631 Mountain Parkway, a stunning residence nestled within the gated Lake Adger ...	3 beds \| 3 baths \| 1,935 sq.ft.	$699,900	Airbnb cash on cash: 0.26% Traditional cash on cash: 2.02% Airbnb Rental Income: $1609 Traditional Rental Income: $2305 Airbnb ROI: 0.26% Traditional ROI: 2.02%
7282 Highway 108 E Mill Spring, NC CUTE AND AFFORDABLE!! 1 Bedroom, 1 Bathroom Cottage in Mill Spring - on .41 acre lot! The ...	1 beds \| 1 baths \| 700 sq.ft.	$125,000	Airbnb cash on cash: 3.14% Traditional cash on cash: 7.83% Airbnb Rental Income: $974 Traditional Rental Income: $1188 Airbnb ROI: 3.14% Traditional ROI: 7.83%
175 Green Hills Road Mill Spring, NC Hidden among the privacy of lush hardwoods in coveted Lake Adger, 175 Green Hills Road is ...	4 beds \| 4 baths \| 3,536 sq.ft.	$954,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 2.28% Airbnb Rental Income: $2738 Traditional Rental Income: $3296 Airbnb ROI: 0.92% Traditional ROI: 2.28%
1194 Palmer Road Mill Spring, NC Perfectly set on nearly 350 acres of prime mountain land, Watermill Farm represents a rare...	2 beds \| 2 baths \| 1,036 sq.ft.	$5,225,000	Airbnb cash on cash: -0.87% Traditional cash on cash: -0.71% Airbnb Rental Income: $1357 Traditional Rental Income: $1742 Airbnb ROI: -0.87% Traditional ROI: -0.71%
617 South Cove Road Mill Spring, NC Welcome home to your Waterfront 3-bedroom, 3 bath retreat on Lake Adger. This lovely home ...	3 beds \| 3 baths \| 2,588 sq.ft.	$989,000	Airbnb cash on cash: -0.22% Traditional cash on cash: 1.45% Airbnb Rental Income: $1609 Traditional Rental Income: $2686 Airbnb ROI: -0.22% Traditional ROI: 1.45%
353 Libby Lane Mill Spring, NC The SEC-1523 Plan by Southeastern Construction offers a thoughtfully designed 3-bedroom, 2...	3 beds \| 2 baths \| 1,523 sq.ft.	$305,000	Airbnb cash on cash: 1.85% Traditional cash on cash: 4.62% Airbnb Rental Income: $1609 Traditional Rental Income: $1945 Airbnb ROI: 1.85% Traditional ROI: 4.62%
2125 Whiteside Road Mill Spring, NC AUCTION: Live & Online Auction with internet bidding, held on site November 7, 2026, at 12...	4 beds \| 2 baths \| 2,569 sq.ft.	$550,000	Airbnb cash on cash: 2.64% Traditional cash on cash: 3.77% Airbnb Rental Income: $2738 Traditional Rental Income: $2675 Airbnb ROI: 2.64% Traditional ROI: 3.77%
Sunset Drive #12 Mill Spring, NC PROPOSED NEW CONSTRUCTION IN HILLCREST GATED COMMUNITY, MILL SPRING, NC. Build the home yo...	4 beds \| 3 baths \| 3,331 sq.ft.	$613,000	Airbnb cash on cash: 2.24% Traditional cash on cash: 2.95% Airbnb Rental Income: $2738 Traditional Rental Income: $2501 Airbnb ROI: 2.24% Traditional ROI: 2.95%
784 Big Level Road Mill Spring, NC Bring your vision and make the most of 8.74 acres with mountain views! This 3-bedroom, 2-b...	3 beds \| 2 baths \| 1,524 sq.ft.	$209,000	Airbnb cash on cash: 3.77% Traditional cash on cash: 7.43% Airbnb Rental Income: $1609 Traditional Rental Income: $1877 Airbnb ROI: 3.77% Traditional ROI: 7.43%
109 Dragonfly Ln Mill Spring, NC Welcome to refined coastal living in the sought-after Pecan Grove Plantation community of ...	4 beds \| 5 baths \| 3,634 sq.ft.	$1,549,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 2.05% Airbnb Rental Income: $2738 Traditional Rental Income: $4545 Airbnb ROI: 0.34% Traditional ROI: 2.05%

Real Estate investment in Mill-spring, NC

There are 19 properties for sale in the city of Mill Spring . The median list price in Mill Spring is $525,000 and the average price per square foot is $253. In November 2026, the average monthly cash on cash return in Mill Spring is 2.00%. The average monthly rental income in Mill Spring is $2,333.

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

There are 19 investment properties available for sale in Mill-spring.

In 2026, the best neighborhood to buy investment property is Mill Spring.

The ROI for Long-Term is higher than the Short-Term in Mill-spring with average rental income of $2,333.

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.

$379,000

Airbnb cash on cash: 1.07%

Traditional cash on cash: 2.5%

Airbnb Rental Income: $1609

Traditional Rental Income: $1659

Airbnb ROI: 1.07%

Traditional ROI: 2.5%

105 Palisade Drive

Mill Spring, NC

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

$525,000

Airbnb cash on cash: 2.6%

Traditional cash on cash: 3.98%

Airbnb Rental Income: $2738

Traditional Rental Income: $2769

Airbnb ROI: 2.6%

Traditional ROI: 3.98%

91 Island View Court

Mill Spring, NC

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

$1,199,000

Airbnb cash on cash: 0.39%

Traditional cash on cash: 3.25%

Airbnb Rental Income: $2738

Traditional Rental Income: $5276

Airbnb ROI: 0.39%

Traditional ROI: 3.25%

1237 South Cove Road

Mill Spring, NC

4 beds | 4 baths | 2,411 sq.ft.

$995,000

Airbnb cash on cash: 0.88%

Traditional cash on cash: 2.04%

Airbnb Rental Income: $2738

Traditional Rental Income: $3170

Airbnb ROI: 0.88%

Traditional ROI: 2.04%

723 N Highland Road

Mill Spring, NC

2 beds | 2 baths | 2,556 sq.ft.

$1,475,000

Airbnb cash on cash: -0.78%

Traditional cash on cash: 0.26%

Airbnb Rental Income: $1357

Traditional Rental Income: $2361

Airbnb ROI: -0.78%

Traditional ROI: 0.26%

1888 Pea Ridge Road

Mill Spring, NC

3 beds | 1 baths | N/A

$2,999,000

Airbnb cash on cash: -0.67%

Traditional cash on cash: -0.36%

Airbnb Rental Income: $1609

Traditional Rental Income: $2008

Airbnb ROI: -0.67%

Traditional ROI: -0.36%

21 Rock Ridge Road

Mill Spring, NC

3 beds | 3 baths | 2,414 sq.ft.

$1,150,000

Airbnb cash on cash: -0.28%

Traditional cash on cash: 1.47%

Airbnb Rental Income: $1609

Traditional Rental Income: $3021

Airbnb ROI: -0.28%

Traditional ROI: 1.47%

631 Mountain Parkway

Mill Spring, NC

3 beds | 3 baths | 1,935 sq.ft.

$699,900

Airbnb cash on cash: 0.26%

Traditional cash on cash: 2.02%

Airbnb Rental Income: $1609

Traditional Rental Income: $2305

Airbnb ROI: 0.26%