Real Estate Investment Properties for Sale in Mills River, NC

Looking for investment property in Mills River, NC with high ROI ?

Explore a variety of short-term homes & houses in Mills River, NC. Invest wisely with VRBO & Mills River, 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 Mills River, NC

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
7 Round Robin Ln Mills River, NC Gleaming home is waiting for you. Quality throughout in this desirable gated community wit...	4 beds \| 3 baths \| 4,105 sq.ft.	$885,000	Airbnb cash on cash: 1.21% Traditional cash on cash: 0.22% Airbnb Rental Income: $3631 Traditional Rental Income: $2024 Airbnb ROI: 1.21% Traditional ROI: 0.22%
127 Cairens Ridge Dr Mills River, NC This low maintenance home is located in the quaint Mills River subdivision of Cairens Ridg...	3 beds \| 2 baths \| 1,478 sq.ft.	$455,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 2.25% Airbnb Rental Income: $1705 Traditional Rental Income: $1881 Airbnb ROI: 0.73% Traditional ROI: 2.25%
115 Creeks End Cir Mills River, NC Seller Offering $8,000 Toward Upgrades On This Home! Located In The Highly Sought-After Co...	3 beds \| 2 baths \| 1,429 sq.ft.	$394,000	Airbnb cash on cash: 1.12% Traditional cash on cash: 2.59% Airbnb Rental Income: $1705 Traditional Rental Income: $1777 Airbnb ROI: 1.12% Traditional ROI: 2.59%
83 Farm Ln Mills River, NC Welcome to effortless living in Mills River, where space, comfort, and community come toge...	3 beds \| 3 baths \| 1,804 sq.ft.	$315,000	Airbnb cash on cash: 0.79% Traditional cash on cash: 4.72% Airbnb Rental Income: $1705 Traditional Rental Income: $2396 Airbnb ROI: 0.79% Traditional ROI: 4.72%
59 W Bradford Hill Rd Mills River, NC Completely transformed modern farmhouse on 5.5 acres w/ mountain views! This 4BR/3.5BA hom...	4 beds \| 3 baths \| 4,070 sq.ft.	$2,375,000	Airbnb cash on cash: -0.6% Traditional cash on cash: -0.28% Airbnb Rental Income: $3631 Traditional Rental Income: $3525 Airbnb ROI: -0.6% Traditional ROI: -0.28%
628 Vista Falls Rd Mills River, NC Prepare to be impressed as you traverse the long private driveway to this exceptional one-...	3 beds \| 2 baths \| 2,188 sq.ft.	$695,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 1.78% Airbnb Rental Income: $1705 Traditional Rental Income: $2733 Airbnb ROI: -0.53% Traditional ROI: 1.78%
10 Chestnut Ridge Road Mills River, NC Welcome to High Vista, a secure gated golf community perfectly positioned between Ashevill...	3 beds \| 4 baths \| 3,817 sq.ft.	$599,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 3.36% Airbnb Rental Income: $1705 Traditional Rental Income: $2788 Airbnb ROI: 0.57% Traditional ROI: 3.36%
22 Lara Dr Mills River, NC Ultra modern style home in Mills River! Large windows, two car garage, outdoor area with f...	2 beds \| 2 baths \| 2,367 sq.ft.	$775,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 2.6% Airbnb Rental Income: $1198 Traditional Rental Income: $2713 Airbnb ROI: -0.04% Traditional ROI: 2.6%
78 Boyd View Ln Mills River, NC Located in the highly desirable Mills River community you will find this mountain dream ho...	3 beds \| 3 baths \| 2,388 sq.ft.	$879,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 0.91% Airbnb Rental Income: $1705 Traditional Rental Income: $2336 Airbnb ROI: -0.44% Traditional ROI: 0.91%
179 Kingfisher Ln Mills River, NC MILLS RIVER VILLAGE - Desirable location by the pond. Whole House Generator! This spacious...	3 beds \| 2 baths \| 1,923 sq.ft.	$527,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 3.09% Airbnb Rental Income: $1705 Traditional Rental Income: $2552 Airbnb ROI: 0.41% Traditional ROI: 3.09%
71 Happy Valley Dr Mills River, NC Experience tranquil country living and convenient access to Asheville, Brevard and Henders...	3 beds \| 2 baths \| 1,953 sq.ft.	$2,900,000	Airbnb cash on cash: -0.63% Traditional cash on cash: -0.29% Airbnb Rental Income: $1705 Traditional Rental Income: $2145 Airbnb ROI: -0.63% Traditional ROI: -0.29%
612 Vista Falls Rd Mills River, NC MOTIVATED SELLERS! BRING ALL OFFERS!! Welcome to your Serene Mountain Retreat in the Gated...	3 beds \| 3 baths \| 2,935 sq.ft.	$750,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 1.83% Airbnb Rental Income: $1705 Traditional Rental Income: $2556 Airbnb ROI: -0.07% Traditional ROI: 1.83%
105 Farm Ln Mills River, NC Location! Beautiful, spacious Townhouse. Mills River has so much to offer. 3 bedroom, 3 1...	3 beds \| 3 baths \| 1,861 sq.ft.	$319,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 3.64% Airbnb Rental Income: $1705 Traditional Rental Income: $2096 Airbnb ROI: 0.76% Traditional ROI: 3.64%
74 Jeranna Rd Mills River, NC Nestled against the breathtaking Pisgah National Forest, this stunning, luxury home blends...	3 beds \| 4 baths \| 4,897 sq.ft.	$1,500,000	Airbnb cash on cash: -1.02% Traditional cash on cash: 1.94% Airbnb Rental Income: $1705 Traditional Rental Income: $5359 Airbnb ROI: -1.02% Traditional ROI: 1.94%
26 Bonnies Cove Trl Mills River, NC Absolutely spectacular custom mountain estate with magnificent view of the Blue Ridge Park...	3 beds \| 3 baths \| 6,871 sq.ft.	$5,250,000	Airbnb cash on cash: -1.07% Traditional cash on cash: -0.53% Airbnb Rental Income: $1705 Traditional Rental Income: $3860 Airbnb ROI: -1.07% Traditional ROI: -0.53%
264 Cashdon Dr Mills River, NC Charming, Updated 3-Bedroom, 2.5- Bath Home in the Heart of Mills River! Recent upgrades i...	3 beds \| 2 baths \| 1,404 sq.ft.	$365,000	Airbnb cash on cash: 2% Traditional cash on cash: 4.28% Airbnb Rental Income: $1705 Traditional Rental Income: $2013 Airbnb ROI: 2% Traditional ROI: 4.28%
126 & 128 Cook Ln Mills River, NC Mills River. 49.9 acres ideally situated and convenient to Asheville, Hendersonville, and ...	3 beds \| 2 baths \| 1,300 sq.ft.	$2,100,000	Airbnb cash on cash: -1.25% Traditional cash on cash: -0.9% Airbnb Rental Income: $1705 Traditional Rental Income: $1921 Airbnb ROI: -1.25% Traditional ROI: -0.9%
372 Kingfisher Ln Mills River, NC MOTIVATED SELLERS! Nestled in the heart of the desirable Mills River community, this beaut...	4 beds \| 3 baths \| 2,006 sq.ft.	$465,000	Airbnb cash on cash: 4.8% Traditional cash on cash: 3.46% Airbnb Rental Income: $3631 Traditional Rental Income: $2253 Airbnb ROI: 4.8% Traditional ROI: 3.46%
301 Majestic Ridge Rd #57 Mills River, NC 301 Majestic Ridge Rd #57, Mills River, NC 28759 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$425,000	Airbnb cash on cash: 1.75% Traditional cash on cash: -0.41% Airbnb Rental Income: $2185 Traditional Rental Income: $771 Airbnb ROI: 1.75% Traditional ROI: -0.41%
47 N Sweetwater Pond Rd #54 Mills River, NC 47 N Sweetwater Pond Rd #54, Mills River, NC 28759 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$345,000	Airbnb cash on cash: 2.57% Traditional cash on cash: -0.09% Airbnb Rental Income: $2185 Traditional Rental Income: $771 Airbnb ROI: 2.57% Traditional ROI: -0.09%
9999 Del Sol Dr #8-9 Mills River, NC 9999 Del Sol Dr #8-9, Mills River, NC 28759 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$138,000	Airbnb cash on cash: 9.79% Traditional cash on cash: 4.2% Airbnb Rental Income: $2185 Traditional Rental Income: $892 Airbnb ROI: 9.79% Traditional ROI: 4.2%
202 Soapstone Trl #68 Mills River, NC 202 Soapstone Trl #68, Mills River, NC 28759 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$275,000	Airbnb cash on cash: 3.67% Traditional cash on cash: -0.57% Airbnb Rental Income: $2185 Traditional Rental Income: $533 Airbnb ROI: 3.67% Traditional ROI: -0.57%
997 Tole Allison Rd Mills River, NC 997 Tole Allison Rd, Mills River, NC 28759 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$1,150,000	Airbnb cash on cash: -0.4% Traditional cash on cash: -1.09% Airbnb Rental Income: $2185 Traditional Rental Income: $892 Airbnb ROI: -0.4% Traditional ROI: -1.09%
26 Cook Ln Mills River, NC 26 Cook Ln, Mills River, NC 28759 \| Single Family Residential	7 beds \| 6 baths \| 8,359 sq.ft.	$5,500,000	Airbnb cash on cash: -1.78% Traditional cash on cash: -0.77% Airbnb Rental Income: $699 Traditional Rental Income: $5503 Airbnb ROI: -1.78% Traditional ROI: -0.77%
10 Chestnut Ridge Rd Mills River, NC 10 Chestnut Ridge Rd, Mills River, NC 28759 \| Single Family Residential	3 beds \| 4 baths \| 3,817 sq.ft.	$599,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 1.83% Airbnb Rental Income: $1705 Traditional Rental Income: $2246 Airbnb ROI: 0.02% Traditional ROI: 1.83%
61 Rolling Hills Rd Mills River, NC Nestled on 2.33 acres in desirable Mills River, this 3-bedroom, 2.5-bath home offers the p...	3 beds \| 2 baths \| 2,498 sq.ft.	$619,700	Airbnb cash on cash: 0.13% Traditional cash on cash: 2.2% Airbnb Rental Income: $1705 Traditional Rental Income: $2425 Airbnb ROI: 0.13% Traditional ROI: 2.2%
404 High Ridge Dr Mills River, NC 404 High Ridge Dr, Mills River, NC 28759 \| Single Family Residential	3 beds \| 2 baths \| 1,648 sq.ft.	$550,000	Airbnb cash on cash: 0.38% Traditional cash on cash: 1.16% Airbnb Rental Income: $1705 Traditional Rental Income: $1632 Airbnb ROI: 0.38% Traditional ROI: 1.16%
18 S Sweetwater Pond Rd Lot 56 Mills River, NC 18 S Sweetwater Pond Rd Lot 56, Mills River, NC 28759 \| Other	N/A beds \| N/A baths \| N/A	$500,000	Airbnb cash on cash: 1.22% Traditional cash on cash: -1.24% Airbnb Rental Income: $2185 Traditional Rental Income: $481 Airbnb ROI: 1.22% Traditional ROI: -1.24%
TBD Hickory Vista Ln #101, 102, 103, 106, 107 Mills River, NC TBD Hickory Vista Ln #101, 102, 103, 106, 107, Mills River, NC 28759 \| Other	N/A beds \| N/A baths \| N/A	$235,000	Airbnb cash on cash: 4.62% Traditional cash on cash: -0.56% Airbnb Rental Income: $2185 Traditional Rental Income: $481 Airbnb ROI: 4.62% Traditional ROI: -0.56%
5 Chestnut Top Cir Mills River, NC 5 Chestnut Top Cir, Mills River, NC 28759 \| Other	N/A beds \| N/A baths \| N/A	$179,000	Airbnb cash on cash: 6.59% Traditional cash on cash: 0.14% Airbnb Rental Income: $2185 Traditional Rental Income: $533 Airbnb ROI: 6.59% Traditional ROI: 0.14%
479 Nesbitt Dr #2 Mills River, NC 479 Nesbitt Dr #2, Mills River, NC 28759 \| Other	N/A beds \| N/A baths \| N/A	$259,000	Airbnb cash on cash: 4.01% Traditional cash on cash: -0.7% Airbnb Rental Income: $2185 Traditional Rental Income: $481 Airbnb ROI: 4.01% Traditional ROI: -0.7%
0000 Majestic Ridge Rd Mills River, NC 0000 Majestic Ridge Rd, Mills River, NC 28759 \| Other	N/A beds \| N/A baths \| N/A	$310,000	Airbnb cash on cash: 3.06% Traditional cash on cash: -0.66% Airbnb Rental Income: $2185 Traditional Rental Income: $547 Airbnb ROI: 3.06% Traditional ROI: -0.66%
598 Miles View Rd Mills River, NC 598 Miles View Rd, Mills River, NC 28759 \| Other	4 beds \| 3 baths \| 2,862 sq.ft.	$1,750,000	Airbnb cash on cash: -0.15% Traditional cash on cash: -0.45% Airbnb Rental Income: $3631 Traditional Rental Income: $2345 Airbnb ROI: -0.15% Traditional ROI: -0.45%
27 Shep Dr Mills River, NC 27 Shep Dr, Mills River, NC 29759 \| Other	N/A beds \| N/A baths \| N/A	$675,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.72% Airbnb Rental Income: $null Traditional Rental Income: $795 Airbnb ROI: N/A Traditional ROI: -0.72%
200 Manchester Way Mills River, NC New construction and new to the market! Live Inspired at Skont at Mills River! Welcome to ...	3 beds \| 3 baths \| 2,222 sq.ft.	$898,000	Airbnb cash on cash: -0.47% Traditional cash on cash: 3.34% Airbnb Rental Income: $1705 Traditional Rental Income: $4423 Airbnb ROI: -0.47% Traditional ROI: 3.34%
00 Old Haywood Rd Mills River, NC 00 Old Haywood Rd, Mills River, NC 28759 \| Other	N/A beds \| N/A baths \| N/A	$900,000	Airbnb cash on cash: 0% Traditional cash on cash: -1.31% Airbnb Rental Income: $2185 Traditional Rental Income: $533 Airbnb ROI: 0% Traditional ROI: -1.31%
Tract 1 Turtle Ridge Trl Mills River, NC Tract 1 Turtle Ridge Trl, Mills River, NC 28759 \| Other	N/A beds \| N/A baths \| N/A	$225,000	Airbnb cash on cash: 4.99% Traditional cash on cash: -0.04% Airbnb Rental Income: $2185 Traditional Rental Income: $561 Airbnb ROI: 4.99% Traditional ROI: -0.04%
Tract 4 Turtle Ridge Trl Mills River, NC Tract 4 Turtle Ridge Trl, Mills River, NC 28759 \| Other	N/A beds \| N/A baths \| N/A	$225,000	Airbnb cash on cash: 4.99% Traditional cash on cash: -0.11% Airbnb Rental Income: $2185 Traditional Rental Income: $547 Airbnb ROI: 4.99% Traditional ROI: -0.11%

Real Estate investment in Mills-river, NC

There are 79 properties for sale in the city of Mills River . The median list price in Mills River is $689,644 and the average price per square foot is $280. In June 2026, the average monthly cash on cash return in Mills River is 1.00%. The average monthly rental income in Mills River is $1,777.

Mills-river, NC Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 79 investment properties available for sale in Mills-river.

In 2026, the best neighborhood to buy investment property is Mills River.

The ROI for Short-Term is higher than the Long-Term in Mills-river with average rental income of $2,185.

Your search for investment property begins and ends here

Investment Property for Sale in Mills River, NC

7 Round Robin Ln

Mills River, NC

4 beds | 3 baths | 4,105 sq.ft.

$885,000

Airbnb cash on cash: 1.21%

Traditional cash on cash: 0.22%

Airbnb Rental Income: $3631

Traditional Rental Income: $2024

Airbnb ROI: 1.21%

Traditional ROI: 0.22%

127 Cairens Ridge Dr

Mills River, NC

3 beds | 2 baths | 1,478 sq.ft.

$455,000

Airbnb cash on cash: 0.73%

Traditional cash on cash: 2.25%

Airbnb Rental Income: $1705

Traditional Rental Income: $1881

Airbnb ROI: 0.73%

Traditional ROI: 2.25%

115 Creeks End Cir

Mills River, NC

3 beds | 2 baths | 1,429 sq.ft.

$394,000

Airbnb cash on cash: 1.12%

Traditional cash on cash: 2.59%

Airbnb Rental Income: $1705

Traditional Rental Income: $1777

Airbnb ROI: 1.12%

Traditional ROI: 2.59%

83 Farm Ln

Mills River, NC

3 beds | 3 baths | 1,804 sq.ft.

$315,000

Airbnb cash on cash: 0.79%

Traditional cash on cash: 4.72%

Airbnb Rental Income: $1705

Traditional Rental Income: $2396

Airbnb ROI: 0.79%

Traditional ROI: 4.72%

59 W Bradford Hill Rd

Mills River, NC

4 beds | 3 baths | 4,070 sq.ft.

$2,375,000

Airbnb cash on cash: -0.6%

Traditional cash on cash: -0.28%

Airbnb Rental Income: $3631

Traditional Rental Income: $3525

Airbnb ROI: -0.6%

Traditional ROI: -0.28%

628 Vista Falls Rd

Mills River, NC

3 beds | 2 baths | 2,188 sq.ft.

$695,000

Airbnb cash on cash: -0.53%

Traditional cash on cash: 1.78%

Airbnb Rental Income: $1705

Traditional Rental Income: $2733

Airbnb ROI: -0.53%

Traditional ROI: 1.78%

10 Chestnut Ridge Road

Mills River, NC

3 beds | 4 baths | 3,817 sq.ft.

$599,000

Airbnb cash on cash: 0.57%

Traditional cash on cash: 3.36%

Airbnb Rental Income: $1705

Traditional Rental Income: $2788

Airbnb ROI: 0.57%

Traditional ROI: 3.36%

22 Lara Dr

Mills River, NC

2 beds | 2 baths | 2,367 sq.ft.

$775,000

Airbnb cash on cash: -0.04%

Traditional cash on cash: 2.6%

Airbnb Rental Income: $1198

Traditional Rental Income: $2713

Airbnb ROI: -0.04%