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
115 Creeks End Circle Mills River, NC Located In The Highly Sought-After Community Of Glens Of Aberdeen In Beautiful Mills River...	3 beds \| 2 baths \| 1,429 sq.ft.	$399,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 2.42% Airbnb Rental Income: $1565 Traditional Rental Income: $1729 Airbnb ROI: 0.78% Traditional ROI: 2.42%
40 Forge Valley Drive Mills River, NC Rare VA Assumable Loan Opportunity at 3.875%! Discover the perfect blend of privacy, flexi...	3 beds \| 4 baths \| 2,757 sq.ft.	$600,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 2.79% Airbnb Rental Income: $1565 Traditional Rental Income: $2686 Airbnb ROI: -0.01% Traditional ROI: 2.79%
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: 0.4% Traditional cash on cash: 4% Airbnb Rental Income: $1565 Traditional Rental Income: $2183 Airbnb ROI: 0.4% Traditional ROI: 4%
107 Farm Lane Mills River, NC Located in desirable Mills River, this well-maintained townhouse offers comfort and conven...	3 beds \| 4 baths \| 1,814 sq.ft.	$290,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 4.36% Airbnb Rental Income: $1565 Traditional Rental Income: $2207 Airbnb ROI: 0.36% Traditional ROI: 4.36%
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.	$2,475,000	Airbnb cash on cash: -1.35% Traditional cash on cash: -0.36% Airbnb Rental Income: $1705 Traditional Rental Income: $3503 Airbnb ROI: -1.35% Traditional ROI: -0.36%
628 Vista Falls Road Mills River, NC Prepare to be impressed as you traverse the long private driveway to this exceptional one-...	3 beds \| 3 baths \| 2,188 sq.ft.	$745,000	Airbnb cash on cash: -0.79% Traditional cash on cash: 0.65% Airbnb Rental Income: $1565 Traditional Rental Income: $2114 Airbnb ROI: -0.79% Traditional ROI: 0.65%
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.	$621,900	Airbnb cash on cash: 0.31% Traditional cash on cash: 3.08% Airbnb Rental Income: $1565 Traditional Rental Income: $2723 Airbnb ROI: 0.31% Traditional ROI: 3.08%
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.	$799,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 1.42% Airbnb Rental Income: $1099 Traditional Rental Income: $1912 Airbnb ROI: -0.18% Traditional ROI: 1.42%
16 School House Road Mills River, NC Available with acreage from 2-13 acres! Centrally located between Asheville, Hendersonvill...	4 beds \| 4 baths \| 4,057 sq.ft.	$1,495,000	Airbnb cash on cash: -1.02% Traditional cash on cash: 0.57% Airbnb Rental Income: $1705 Traditional Rental Income: $3429 Airbnb ROI: -1.02% Traditional ROI: 0.57%
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 \| 4 baths \| 2,186 sq.ft.	$915,000	Airbnb cash on cash: -0.64% Traditional cash on cash: 1.03% Airbnb Rental Income: $1565 Traditional Rental Income: $2538 Airbnb ROI: -0.64% Traditional ROI: 1.03%
19 Forge Drive Mills River, NC Beautifully renovated home set on a serene and peaceful lot, filled with abundant natural ...	2 beds \| 2 baths \| 2,352 sq.ft.	$499,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 2.94% Airbnb Rental Income: $1099 Traditional Rental Income: $2080 Airbnb ROI: 0.04% Traditional ROI: 2.94%
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.	$385,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 3.58% Airbnb Rental Income: $1565 Traditional Rental Income: $1858 Airbnb ROI: 1.52% Traditional ROI: 3.58%
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.	$2,100,000	Airbnb cash on cash: -1.31% Traditional cash on cash: -1.01% Airbnb Rental Income: $1565 Traditional Rental Income: $1698 Airbnb ROI: -1.31% Traditional ROI: -1.01%
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.	$489,250	Airbnb cash on cash: 1.01% Traditional cash on cash: 3.14% Airbnb Rental Income: $1705 Traditional Rental Income: $2204 Airbnb ROI: 1.01% Traditional ROI: 3.14%
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.	$680,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 1.88% Airbnb Rental Income: $1565 Traditional Rental Income: $2491 Airbnb ROI: -0.29% Traditional ROI: 1.88%
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.	$990,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 1.32% Airbnb Rental Income: $1565 Traditional Rental Income: $3000 Airbnb ROI: -0.72% Traditional ROI: 1.32%
61 Rolling Hills Road Mills River, NC Nestled on 2.33 acres in desirable Mills River, this 3-bedroom, 2.5-bath home offers the p...	3 beds \| 3 baths \| 2,429 sq.ft.	$619,700	Airbnb cash on cash: -0.07% Traditional cash on cash: 1.5% Airbnb Rental Income: $1565 Traditional Rental Income: $2021 Airbnb ROI: -0.07% Traditional ROI: 1.5%
0000 Majestic Ridge Rd Mills River, NC 0000 Majestic Ridge Rd, Mills River, NC 28759 \| Other	N/A beds \| N/A baths \| N/A	$325,000	Airbnb cash on cash: 2.84% Traditional cash on cash: 2.44% Airbnb Rental Income: $2185 Traditional Rental Income: $1511 Airbnb ROI: 2.84% Traditional ROI: 2.44%
44 Presbyterian Church Rd Mills River, NC 44 Presbyterian Church Rd, Mills River, NC 28759 \| Single Family Residential	2 beds \| 2 baths \| 1,471 sq.ft.	$375,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 1.56% Airbnb Rental Income: $1099 Traditional Rental Income: $1286 Airbnb ROI: -0.03% Traditional ROI: 1.56%
127 Kingfisher Lane Mills River, NC Welcome to your dream home in the highly sought-after Mills River Village, boasting a prim...	3 beds \| 2 baths \| 2,010 sq.ft.	$499,000	Airbnb cash on cash: 0.29% Traditional cash on cash: 2.63% Airbnb Rental Income: $1565 Traditional Rental Income: $2207 Airbnb ROI: 0.29% Traditional ROI: 2.63%
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: -1.13% Traditional cash on cash: 0.1% Airbnb Rental Income: $1705 Traditional Rental Income: $3234 Airbnb ROI: -1.13% Traditional ROI: 0.1%
27 Shep Dr Mills River, NC 27 Shep Dr, Mills River, NC 29759 \| Other	N/A beds \| N/A baths \| N/A	$695,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.35% Airbnb Rental Income: $null Traditional Rental Income: $1511 Airbnb ROI: N/A Traditional ROI: 0.35%
200 Manchester Way Mills River, NC New construction and new to the market! Live Inspired at Skont at Mills River! Welcome to ...	3 beds \| 4 baths \| 2,203 sq.ft.	$935,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 0.98% Airbnb Rental Income: $1565 Traditional Rental Income: $2546 Airbnb ROI: -0.66% Traditional ROI: 0.98%
00 Old Haywood Rd Mills River, NC 00 Old Haywood Rd, Mills River, NC 28759 \| Other	N/A beds \| N/A baths \| N/A	$935,000	Airbnb cash on cash: -0.07% Traditional cash on cash: -1.33% Airbnb Rental Income: $2185 Traditional Rental Income: $533 Airbnb ROI: -0.07% Traditional ROI: -1.33%
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: 4.42% Airbnb Rental Income: $2185 Traditional Rental Income: $1511 Airbnb ROI: 4.99% Traditional ROI: 4.42%
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: 5.02% Airbnb Rental Income: $2185 Traditional Rental Income: $1511 Airbnb ROI: 5.64% Traditional ROI: 5.02%
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.	$1,375,000	Airbnb cash on cash: -1.13% Traditional cash on cash: -0.89% Airbnb Rental Income: $1565 Traditional Rental Income: $1423 Airbnb ROI: -1.13% Traditional ROI: -0.89%
301 Rockbridge Road Mills River, NC Welcome to this stunning 4,400 sq ft home located in the highly sought-after Hollabrook Fa...	4 beds \| 5 baths \| 4,439 sq.ft.	$1,469,000	Airbnb cash on cash: -1.01% Traditional cash on cash: 1.3% Airbnb Rental Income: $1705 Traditional Rental Income: $4393 Airbnb ROI: -1.01% Traditional ROI: 1.3%
1105 High Vista Drive Mills River, NC Welcome to this truly timeless gem, where mountain views and thoughtful craftsmanship come...	3 beds \| 3 baths \| 3,408 sq.ft.	$775,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 1.09% Airbnb Rental Income: $1565 Traditional Rental Income: $2207 Airbnb ROI: -0.42% Traditional ROI: 1.09%
13 Forge Drive Mills River, NC Nestled in the heart of Mills River, this solid brick classic offers the perfect blend of ...	2 beds \| 2 baths \| 1,638 sq.ft.	$435,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 3.24% Airbnb Rental Income: $1099 Traditional Rental Income: $2162 Airbnb ROI: -0.28% Traditional ROI: 3.24%
122 Wintercress Drive Mills River, NC Welcome home to 122 Wintercress Drive sitting at the end of a quiet cul-de-sac in The Cott...	3 beds \| 3 baths \| 2,640 sq.ft.	$1,075,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 0.28% Airbnb Rental Income: $1565 Traditional Rental Income: $2207 Airbnb ROI: -0.81% Traditional ROI: 0.28%

Real Estate investment in Mills-river, NC

There are 36 properties for sale in the city of Mills River . The median list price in Mills River is $621,900 and the average price per square foot is $249. In March 2026, the average monthly cash on cash return in Mills River is 2.00%. The average monthly rental income in Mills River is $2,118.

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

There are 36 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 $1,565.

Your search for investment property begins and ends here

Investment Property for Sale in Mills River, NC

115 Creeks End Circle

Mills River, NC

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

$399,000

Airbnb cash on cash: 0.78%

Traditional cash on cash: 2.42%

Airbnb Rental Income: $1565

Traditional Rental Income: $1729

Airbnb ROI: 0.78%

Traditional ROI: 2.42%

40 Forge Valley Drive

Mills River, NC

3 beds | 4 baths | 2,757 sq.ft.

$600,000

Airbnb cash on cash: -0.01%

Traditional cash on cash: 2.79%

Airbnb Rental Income: $1565

Traditional Rental Income: $2686

Airbnb ROI: -0.01%

Traditional ROI: 2.79%

83 Farm Lane

Mills River, NC

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

$315,000

Airbnb cash on cash: 0.4%

Traditional cash on cash: 4%

Airbnb Rental Income: $1565

Traditional Rental Income: $2183

Airbnb ROI: 0.4%

Traditional ROI: 4%

107 Farm Lane

Mills River, NC

3 beds | 4 baths | 1,814 sq.ft.

$290,000

Airbnb cash on cash: 0.36%

Traditional cash on cash: 4.36%

Airbnb Rental Income: $1565

Traditional Rental Income: $2207

Airbnb ROI: 0.36%

Traditional ROI: 4.36%

59 W Bradford Hill Road

Mills River, NC

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

$2,475,000

Airbnb cash on cash: -1.35%

Traditional cash on cash: -0.36%

Airbnb Rental Income: $1705

Traditional Rental Income: $3503

Airbnb ROI: -1.35%

Traditional ROI: -0.36%

628 Vista Falls Road

Mills River, NC

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

$745,000

Airbnb cash on cash: -0.79%

Traditional cash on cash: 0.65%

Airbnb Rental Income: $1565

Traditional Rental Income: $2114

Airbnb ROI: -0.79%

Traditional ROI: 0.65%

10 Chestnut Ridge Road

Mills River, NC

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

$621,900

Airbnb cash on cash: 0.31%

Traditional cash on cash: 3.08%

Airbnb Rental Income: $1565

Traditional Rental Income: $2723

Airbnb ROI: 0.31%

Traditional ROI: 3.08%

22 Lara Drive

Mills River, NC

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

$799,000

Airbnb cash on cash: -0.18%

Traditional cash on cash: 1.42%

Airbnb Rental Income: $1099

Traditional Rental Income: $1912

Airbnb ROI: -0.18%