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 \| 4,175 sq.ft.	$875,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 0.24% Airbnb Rental Income: $3687 Traditional Rental Income: $2024 Airbnb ROI: 1.3% Traditional ROI: 0.24%
168 S Country Ln Mills River, NC This beautiful brick ranch sits on approximately 1.37 acres. An excellent location in Mil...	3 beds \| 2 baths \| 2,263 sq.ft.	$650,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 1.05% Airbnb Rental Income: $1374 Traditional Rental Income: $1843 Airbnb ROI: -0.41% Traditional ROI: 1.05%
84 Greenwood Acres Dr Mills River, NC Beautifully updated home in Mills River community. Private, level backyard, one level liv...	3 beds \| 2 baths \| 1,878 sq.ft.	$519,000	Airbnb cash on cash: -0.05% Traditional cash on cash: 1.39% Airbnb Rental Income: $1374 Traditional Rental Income: $1658 Airbnb ROI: -0.05% Traditional ROI: 1.39%
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.	$275,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 5.65% Airbnb Rental Income: $1374 Traditional Rental Income: $2396 Airbnb ROI: 0.1% Traditional ROI: 5.65%
116 Ivy Rd Mills River, NC This property will be your private mountain sanctuary to escape daily life while enjoying ...	3 beds \| 4 baths \| 3,086 sq.ft.	$765,000	Airbnb cash on cash: -0.96% Traditional cash on cash: 1.78% Airbnb Rental Income: $1374 Traditional Rental Income: $2906 Airbnb ROI: -0.96% Traditional ROI: 1.78%
35 Meadow Haven Ct Mills River, NC **MULTIPLE OFFERS RECEIVED. PLEASE SUBMIT HIGHEST AND BEST BY END OF DAY SATURDAY MAY 15. ...	3 beds \| 2 baths \| 2,202 sq.ft.	$795,000	Airbnb cash on cash: -0.67% Traditional cash on cash: 1.01% Airbnb Rental Income: $1374 Traditional Rental Income: $2198 Airbnb ROI: -0.67% Traditional ROI: 1.01%
10 Cedar Dr Mills River, NC NOW ACCEPTING BACK UP OFFERS Sellers to provide $20,000 towards porch. Newly installed d...	3 beds \| 3 baths \| 2,400 sq.ft.	$640,000	Airbnb cash on cash: -0.56% Traditional cash on cash: 1.38% Airbnb Rental Income: $1374 Traditional Rental Income: $2118 Airbnb ROI: -0.56% Traditional ROI: 1.38%
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.	$2,225,000	Airbnb cash on cash: -0.49% Traditional cash on cash: -0.18% Airbnb Rental Income: $3687 Traditional Rental Income: $3525 Airbnb ROI: -0.49% Traditional ROI: -0.18%
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: -0.96% Traditional cash on cash: 1.78% Airbnb Rental Income: $1374 Traditional Rental Income: $2733 Airbnb ROI: -0.96% Traditional ROI: 1.78%
96 Rolling Hills Rd Mills River, NC You don't want to miss this ranch style duplex! It is the perfect place to call home or of...	4 beds \| 2 baths \| 1,976 sq.ft.	$520,000	Airbnb cash on cash: 4.53% Traditional cash on cash: 2.27% Airbnb Rental Income: $3687 Traditional Rental Income: $1789 Airbnb ROI: 4.53% Traditional ROI: 2.27%
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: -0.78% Traditional cash on cash: 0.91% Airbnb Rental Income: $1374 Traditional Rental Income: $2336 Airbnb ROI: -0.78% Traditional ROI: 0.91%
43 Lucy Ln Mills River, NC The Reserves at Roper Farm is a gated community that offers unrivaled Mills River views, l...	3 beds \| 3 baths \| 3,051 sq.ft.	$1,279,999	Airbnb cash on cash: -1.25% Traditional cash on cash: 0.58% Airbnb Rental Income: $1374 Traditional Rental Income: $3128 Airbnb ROI: -1.25% Traditional ROI: 0.58%
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.	$2,400,000	Airbnb cash on cash: -0.67% Traditional cash on cash: -0.14% Airbnb Rental Income: $1374 Traditional Rental Income: $2145 Airbnb ROI: -0.67% Traditional ROI: -0.14%
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: -1.22% Traditional cash on cash: 1.94% Airbnb Rental Income: $1374 Traditional Rental Income: $5359 Airbnb ROI: -1.22% 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: -1.13% Traditional cash on cash: -0.53% Airbnb Rental Income: $1374 Traditional Rental Income: $3860 Airbnb ROI: -1.13% Traditional ROI: -0.53%
78 Manchester Way Mills River, NC Live Inspired at Skont at Mills River! Welcome to a rare opportunity to own a truly distin...	3 beds \| 3 baths \| 2,222 sq.ft.	$878,000	Airbnb cash on cash: -0.78% Traditional cash on cash: 3.37% Airbnb Rental Income: $1374 Traditional Rental Income: $4345 Airbnb ROI: -0.78% Traditional ROI: 3.37%
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: -1.39% Traditional cash on cash: -0.9% Airbnb Rental Income: $1374 Traditional Rental Income: $1921 Airbnb ROI: -1.39% 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.	$460,000	Airbnb cash on cash: 4.98% Traditional cash on cash: 3.51% Airbnb Rental Income: $3687 Traditional Rental Income: $2253 Airbnb ROI: 4.98% Traditional ROI: 3.51%
87 Verbania Rd Mills River, NC Welcome to Skont at Mills River - where European sophistication meets mountain soul. Step ...	3 beds \| 3 baths \| 2,223 sq.ft.	$835,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 1.95% Airbnb Rental Income: $1374 Traditional Rental Income: $3038 Airbnb ROI: -0.73% Traditional ROI: 1.95%
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%
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.	$300,000	Airbnb cash on cash: 3.22% Traditional cash on cash: -0.67% Airbnb Rental Income: $2185 Traditional Rental Income: $533 Airbnb ROI: 3.22% Traditional ROI: -0.67%
26 Cook Ln Mills River, NC 26 Cook Ln, Mills River, NC 28759 \| Single Family Residential	7 beds \| 6 baths \| 8,359 sq.ft.	$5,000,000	Airbnb cash on cash: -1.77% Traditional cash on cash: -0.67% Airbnb Rental Income: $723 Traditional Rental Income: $5503 Airbnb ROI: -1.77% Traditional ROI: -0.67%
10 Chestnut Ridge Rd Mills River, NC 10 Chestnut Ridge Rd, Mills River, NC 28759 \| Single Family Residential	3 beds \| 4 baths \| 3,672 sq.ft.	$650,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 1.54% Airbnb Rental Income: $1374 Traditional Rental Income: $2246 Airbnb ROI: -0.58% Traditional ROI: 1.54%
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.	$617,700	Airbnb cash on cash: -0.34% Traditional cash on cash: 2.21% Airbnb Rental Income: $1374 Traditional Rental Income: $2425 Airbnb ROI: -0.34% Traditional ROI: 2.21%
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.	$545,000	Airbnb cash on cash: -0.14% Traditional cash on cash: 1.19% Airbnb Rental Income: $1374 Traditional Rental Income: $1632 Airbnb ROI: -0.14% Traditional ROI: 1.19%
22 Forge Shadow Dr Mills River, NC 22 Forge Shadow Dr, Mills River, NC 28759 \| Single Family Residential	3 beds \| 2 baths \| 1,500 sq.ft.	$615,500	Airbnb cash on cash: -0.33% Traditional cash on cash: 0.85% Airbnb Rental Income: $1374 Traditional Rental Income: $1633 Airbnb ROI: -0.33% Traditional ROI: 0.85%
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%
479 Nesbitt Dr #2 Mills River, NC 479 Nesbitt Dr #2, Mills River, NC 28759 \| Other	N/A beds \| N/A baths \| N/A	$249,000	Airbnb cash on cash: 4.24% Traditional cash on cash: -0.65% Airbnb Rental Income: $2185 Traditional Rental Income: $481 Airbnb ROI: 4.24% Traditional ROI: -0.65%
0000 Majestic Ridge Rd Mills River, NC 0000 Majestic Ridge Rd, Mills River, NC 28759 \| Other	N/A beds \| N/A baths \| N/A	$303,000	Airbnb cash on cash: 3.17% Traditional cash on cash: -0.63% Airbnb Rental Income: $2185 Traditional Rental Income: $547 Airbnb ROI: 3.17% Traditional ROI: -0.63%
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: -0.8% Traditional cash on cash: 3.34% Airbnb Rental Income: $1374 Traditional Rental Income: $4423 Airbnb ROI: -0.8% 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 2 Turtle Ridge Trl Mills River, NC Tract 2 Turtle Ridge Trl, Mills River, NC 28759 \| Other	N/A beds \| N/A baths \| N/A	$195,000	Airbnb cash on cash: 6.01% Traditional cash on cash: 0.08% Airbnb Rental Income: $2185 Traditional Rental Income: $533 Airbnb ROI: 6.01% Traditional ROI: 0.08%
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 3 Turtle Ridge Trl Mills River, NC Tract 3 Turtle Ridge Trl, Mills River, NC 28759 \| Other	N/A beds \| N/A baths \| N/A	$205,000	Airbnb cash on cash: 5.64% Traditional cash on cash: 0.13% Airbnb Rental Income: $2185 Traditional Rental Income: $561 Airbnb ROI: 5.64% Traditional ROI: 0.13%
717 Daniel Circle Dr Mills River, NC 717 Daniel Circle Dr, Mills River, NC 28759 \| Single Family Residential	3 beds \| 2 baths \| 3,685 sq.ft.	$1,275,000	Airbnb cash on cash: -1.21% Traditional cash on cash: -0.82% Airbnb Rental Income: $1374 Traditional Rental Income: $1423 Airbnb ROI: -1.21% Traditional ROI: -0.82%

Real Estate investment in Mills-river, NC

There are 90 properties for sale in the city of Mills River . The median list price in Mills River is $539,677 and the average price per square foot is $210. In October 2026, the average monthly cash on cash return in Mills River is 1.00%. The average monthly rental income in Mills River is $1,796.

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

There are 90 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 $1,374.

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 | 4,175 sq.ft.

$875,000

Airbnb cash on cash: 1.3%

Traditional cash on cash: 0.24%

Airbnb Rental Income: $3687

Traditional Rental Income: $2024

Airbnb ROI: 1.3%

Traditional ROI: 0.24%

168 S Country Ln

Mills River, NC

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

$650,000

Airbnb cash on cash: -0.41%

Traditional cash on cash: 1.05%

Airbnb Rental Income: $1374

Traditional Rental Income: $1843

Airbnb ROI: -0.41%

Traditional ROI: 1.05%

84 Greenwood Acres Dr

Mills River, NC

3 beds | 2 baths | 1,878 sq.ft.

$519,000

Airbnb cash on cash: -0.05%

Traditional cash on cash: 1.39%

Airbnb Rental Income: $1374

Traditional Rental Income: $1658

Airbnb ROI: -0.05%

Traditional ROI: 1.39%

83 Farm Ln

Mills River, NC

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

$275,000

Airbnb cash on cash: 0.1%

Traditional cash on cash: 5.65%

Airbnb Rental Income: $1374

Traditional Rental Income: $2396

Airbnb ROI: 0.1%

Traditional ROI: 5.65%

116 Ivy Rd

Mills River, NC

3 beds | 4 baths | 3,086 sq.ft.

$765,000

Airbnb cash on cash: -0.96%

Traditional cash on cash: 1.78%

Airbnb Rental Income: $1374

Traditional Rental Income: $2906

Airbnb ROI: -0.96%

Traditional ROI: 1.78%

35 Meadow Haven Ct

Mills River, NC

3 beds | 2 baths | 2,202 sq.ft.

$795,000

Airbnb cash on cash: -0.67%

Traditional cash on cash: 1.01%

Airbnb Rental Income: $1374

Traditional Rental Income: $2198

Airbnb ROI: -0.67%

Traditional ROI: 1.01%

10 Cedar Dr

Mills River, NC

3 beds | 3 baths | 2,400 sq.ft.

$640,000

Airbnb cash on cash: -0.56%

Traditional cash on cash: 1.38%

Airbnb Rental Income: $1374

Traditional Rental Income: $2118

Airbnb ROI: -0.56%

Traditional ROI: 1.38%

59 W Bradford Hill Rd

Mills River, NC

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

$2,225,000

Airbnb cash on cash: -0.49%

Traditional cash on cash: -0.18%

Airbnb Rental Income: $3687

Traditional Rental Income: $3525

Airbnb ROI: -0.49%