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
83 Farm Lane Mills River, NC Welcome to effortless living in Mills River, where space, comfort, and community come toge...	3 beds \| 4 baths \| 1,804 sq.ft.	$315,000	Airbnb cash on cash: 0.7% Traditional cash on cash: 4.3% Airbnb Rental Income: $1565 Traditional Rental Income: $2183 Airbnb ROI: 0.7% Traditional ROI: 4.3%
59 W Bradford Hill Road Mills River, NC Completely transformed modern farmhouse on 5.5 acres w/ mountain views! This 4BR/3.5BA hom...	4 beds \| 4 baths \| 4,070 sq.ft.	$2,675,000	Airbnb cash on cash: -1.38% Traditional cash on cash: -0.47% Airbnb Rental Income: $1705 Traditional Rental Income: $3503 Airbnb ROI: -1.38% Traditional ROI: -0.47%
598 Miles View Drive Mills River, NC Horse farm? Family compound? Wedding venue? The possibilities are endless at this spectacu...	4 beds \| 3 baths \| 2,263 sq.ft.	$1,900,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 0.09% Airbnb Rental Income: $1705 Traditional Rental Income: $2393 Airbnb ROI: -0.57% Traditional ROI: 0.09%
10 Chestnut Ridge Road Mills River, NC Welcome to High Vista, a secure, private, gated golf community perfectly positioned betwee...	3 beds \| 4 baths \| 3,817 sq.ft.	$639,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 2.98% Airbnb Rental Income: $1565 Traditional Rental Income: $2723 Airbnb ROI: 0.28% Traditional ROI: 2.98%
22 Lara Drive Mills River, NC Ultra modern style home in Mills River! Large windows, two car garage, outdoor area with f...	2 beds \| 2 baths \| 2,356 sq.ft.	$825,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 1.34% Airbnb Rental Income: $1099 Traditional Rental Income: $1912 Airbnb ROI: -0.2% Traditional ROI: 1.34%
33 Warlick Road Mills River, NC New Price! Experience refined mountain living in this stunning home, ideally located in th...	3 beds \| 3 baths \| 2,018 sq.ft.	$550,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 2.68% Airbnb Rental Income: $1565 Traditional Rental Income: $2174 Airbnb ROI: 0.62% Traditional ROI: 2.68%
41 Deep Woods Road Mills River, NC 41 Deep Woods Road is located on the western edge of Mills River, NC, just minutes from Pi...	3 beds \| 2 baths \| 2,199 sq.ft.	$348,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 5.74% Airbnb Rental Income: $1565 Traditional Rental Income: $2483 Airbnb ROI: 1.56% Traditional ROI: 5.74%
74 Jeranna Road Mills River, NC Nestled against the breathtaking Pisgah National Forest, this stunning, luxury home blends...	3 beds \| 6 baths \| 4,907 sq.ft.	$1,699,500	Airbnb cash on cash: -1.19% Traditional cash on cash: 1.5% Airbnb Rental Income: $1565 Traditional Rental Income: $5359 Airbnb ROI: -1.19% Traditional ROI: 1.5%
147 Majestic Ridge Road Mills River, NC Enjoy sunset mountain views and hobby/recreation amenities in The Farm at Mills River. Wel...	3 beds \| 3 baths \| 2,917 sq.ft.	$905,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 1.76% Airbnb Rental Income: $1565 Traditional Rental Income: $2867 Airbnb ROI: -0.31% Traditional ROI: 1.76%
47 Skylar Lane Mills River, NC The Reserves at Roper Farm is a gated community in the heart of Mills River, NC that offer...	3 beds \| 2 baths \| 2,026 sq.ft.	$975,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 1.6% Airbnb Rental Income: $1565 Traditional Rental Income: $2640 Airbnb ROI: -0.08% Traditional ROI: 1.6%
16 School House Road Mills River, NC SHOWN BY APPTOINTMENT ONLY. Centrally located between Asheville, Hendersonville, and Breva...	4 beds \| 4 baths \| 4,057 sq.ft.	$1,895,000	Airbnb cash on cash: -1.19% Traditional cash on cash: 0.06% Airbnb Rental Income: $1705 Traditional Rental Income: $3429 Airbnb ROI: -1.19% Traditional ROI: 0.06%
68 Fullam Lane Mills River, NC Stunning Modern Farmhouse in Mills River - 3 Bed, 2 Bath One-Level Living. Welcome to this...	3 beds \| 2 baths \| 2,323 sq.ft.	$699,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 1.58% Airbnb Rental Income: $1565 Traditional Rental Income: $2318 Airbnb ROI: -0.27% Traditional ROI: 1.58%
19 Forge Drive Mills River, NC Beautifully renovated home on a spacious lot in peaceful Mills River, tucked into a quiet,...	2 beds \| 2 baths \| 2,352 sq.ft.	$500,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 2.93% Airbnb Rental Income: $1099 Traditional Rental Income: $2080 Airbnb ROI: 0.04% Traditional ROI: 2.93%
264 Cashdon Drive Mills River, NC Charming, Updated 3-Bedroom, 2.5- Bath Home in the Heart of Mills River! Recent upgrades i...	3 beds \| 3 baths \| 1,404 sq.ft.	$395,000	Airbnb cash on cash: 1.46% Traditional cash on cash: 3.47% Airbnb Rental Income: $1565 Traditional Rental Income: $1858 Airbnb ROI: 1.46% Traditional ROI: 3.47%
218 Barnrock Drive Mills River, NC Seller offering $10,000 credit at closing. There's something special about life at the end...	5 beds \| 4 baths \| 2,673 sq.ft.	$875,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.53% Airbnb Rental Income: $null Traditional Rental Income: $2832 Airbnb ROI: N/A Traditional ROI: 1.53%
128 Cook Lane Mills River, NC Mills River. 49.9 acres ideally situated and convenient to Asheville, Hendersonville, and ...	3 beds \| 2 baths \| 1,300 sq.ft.	$2,200,000	Airbnb cash on cash: -1.33% Traditional cash on cash: -1.05% Airbnb Rental Income: $1565 Traditional Rental Income: $1698 Airbnb ROI: -1.33% Traditional ROI: -1.05%
372 Kingfisher Lane Mills River, NC Nestled in the heart of the desirable Mills River community, this beautiful home combines ...	4 beds \| 3 baths \| 2,006 sq.ft.	$515,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 3% Airbnb Rental Income: $1705 Traditional Rental Income: $2204 Airbnb ROI: 0.98% Traditional ROI: 3%
271 Greenstone Lane Mills River, NC New Construction 3-bedroom, 3-bath home offers modern living in the highly desirable Mills...	3 beds \| 3 baths \| 2,640 sq.ft.	$749,900	Airbnb cash on cash: -0.37% Traditional cash on cash: 1.6% Airbnb Rental Income: $1565 Traditional Rental Income: $2491 Airbnb ROI: -0.37% Traditional ROI: 1.6%
Sizer Drive Mills River, NC Discover this new construction opportunity in highly desirable Mills River. Enjoy the perf...	3 beds \| 3 baths \| 1,800 sq.ft.	$750,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 1.68% Airbnb Rental Income: $1565 Traditional Rental Income: $2118 Airbnb ROI: 0.25% Traditional ROI: 1.68%
87 Verbania Road Mills River, NC Welcome to Skont at Mills River - where European sophistication meets mountain soul. Step ...	3 beds \| 4 baths \| 2,173 sq.ft.	$1,100,000	Airbnb cash on cash: -0.84% Traditional cash on cash: 1.01% Airbnb Rental Income: $1565 Traditional Rental Income: $3000 Airbnb ROI: -0.84% Traditional ROI: 1.01%
120 Milana Drive Mills River, NC Experience exceptional one-level luxury living at 120 Milana Drive, a refined retreat wher...	3 beds \| 3 baths \| 2,859 sq.ft.	$995,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 1.17% Airbnb Rental Income: $1565 Traditional Rental Income: $2497 Airbnb ROI: -0.32% Traditional ROI: 1.17%
184 Mavrick Drive Mills River, NC The Reserves at Roper Farm is a stunning gated community that offers unrivaled Mills River...	3 beds \| 3 baths \| 2,818 sq.ft.	$1,300,000	Airbnb cash on cash: -0.17% Traditional cash on cash: 1.3% Airbnb Rental Income: $1565 Traditional Rental Income: $2892 Airbnb ROI: -0.17% Traditional ROI: 1.3%

Real Estate investment in Mills-river, NC

There are 22 properties for sale in the city of Mills River . The median list price in Mills River is $850,000 and the average price per square foot is $329. In December 2025, the average monthly cash on cash return in Mills River is 2.00%. The average monthly rental income in Mills River is $2,487.

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

There are 22 investment properties available for sale in Mills-river.

In 2025, 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 $1,565.

Your search for investment property begins and ends here

Investment Property for Sale in Mills River, NC

83 Farm Lane

Mills River, NC

3 beds | 4 baths | 1,804 sq.ft.

$315,000

Airbnb cash on cash: 0.7%

Traditional cash on cash: 4.3%

Airbnb Rental Income: $1565

Traditional Rental Income: $2183

Airbnb ROI: 0.7%

Traditional ROI: 4.3%

59 W Bradford Hill Road

Mills River, NC

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

$2,675,000

Airbnb cash on cash: -1.38%

Traditional cash on cash: -0.47%

Airbnb Rental Income: $1705

Traditional Rental Income: $3503

Airbnb ROI: -1.38%

Traditional ROI: -0.47%

598 Miles View Drive

Mills River, NC

4 beds | 3 baths | 2,263 sq.ft.

$1,900,000

Airbnb cash on cash: -0.57%

Traditional cash on cash: 0.09%

Airbnb Rental Income: $1705

Traditional Rental Income: $2393

Airbnb ROI: -0.57%

Traditional ROI: 0.09%

10 Chestnut Ridge Road

Mills River, NC

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

$639,000

Airbnb cash on cash: 0.28%

Traditional cash on cash: 2.98%

Airbnb Rental Income: $1565

Traditional Rental Income: $2723

Airbnb ROI: 0.28%

Traditional ROI: 2.98%

22 Lara Drive

Mills River, NC

2 beds | 2 baths | 2,356 sq.ft.

$825,000

Airbnb cash on cash: -0.2%

Traditional cash on cash: 1.34%

Airbnb Rental Income: $1099

Traditional Rental Income: $1912

Airbnb ROI: -0.2%

Traditional ROI: 1.34%

33 Warlick Road

Mills River, NC

3 beds | 3 baths | 2,018 sq.ft.

$550,000

Airbnb cash on cash: 0.62%

Traditional cash on cash: 2.68%

Airbnb Rental Income: $1565

Traditional Rental Income: $2174

Airbnb ROI: 0.62%

Traditional ROI: 2.68%

41 Deep Woods Road

Mills River, NC

3 beds | 2 baths | 2,199 sq.ft.

$348,000

Airbnb cash on cash: 1.56%

Traditional cash on cash: 5.74%

Airbnb Rental Income: $1565

Traditional Rental Income: $2483

Airbnb ROI: 1.56%

Traditional ROI: 5.74%

74 Jeranna Road

Mills River, NC

3 beds | 6 baths | 4,907 sq.ft.

$1,699,500

Airbnb cash on cash: -1.19%

Traditional cash on cash: 1.5%

Airbnb Rental Income: $1565

Traditional Rental Income: $5359

Airbnb ROI: -1.19%