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
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.	$2,725,000	Airbnb cash on cash: -0.5% Traditional cash on cash: -0.49% Airbnb Rental Income: $4396 Traditional Rental Income: $3503 Airbnb ROI: -0.5% Traditional ROI: -0.49%
456 Samuel Drive Mills River, NC Elegant Single-Level Living in Mills River Crossing-Discover refined comfort in this spaci...	3 beds \| 3 baths \| 3,521 sq.ft.	$1,299,999	Airbnb cash on cash: -0.54% Traditional cash on cash: -0.11% Airbnb Rental Income: $2311 Traditional Rental Income: $2265 Airbnb ROI: -0.54% Traditional ROI: -0.11%
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: 0.7% Traditional cash on cash: 0.09% Airbnb Rental Income: $4396 Traditional Rental Income: $2393 Airbnb ROI: 0.7% Traditional ROI: 0.09%
10 Chestnut Ridge Road Mills River, NC Welcome to High Vista, a private gated community in Mills River, perfectly situated betwee...	3 beds \| 4 baths \| 3,817 sq.ft.	$660,000	Airbnb cash on cash: 1.25% Traditional cash on cash: 2.85% Airbnb Rental Income: $2311 Traditional Rental Income: $2723 Airbnb ROI: 1.25% Traditional ROI: 2.85%
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.	$849,000	Airbnb cash on cash: 1.09% Traditional cash on cash: 1.27% Airbnb Rental Income: $2343 Traditional Rental Income: $1912 Airbnb ROI: 1.09% Traditional ROI: 1.27%
33 Warlick Road Mills River, NC Brand New Price! Discover this beautiful, custom home located in the Highly Desirable Mill...	3 beds \| 3 baths \| 2,018 sq.ft.	$560,000	Airbnb cash on cash: 1.78% Traditional cash on cash: 2.62% Airbnb Rental Income: $2311 Traditional Rental Income: $2174 Airbnb ROI: 1.78% Traditional ROI: 2.62%
71 Happy Valley Drive Mills River, NC Experience tranquil country living and convenient access to Asheville, Brevard and Henders...	3 beds \| 3 baths \| 1,930 sq.ft.	$3,350,000	Airbnb cash on cash: -0.51% Traditional cash on cash: -0.38% Airbnb Rental Income: $2311 Traditional Rental Income: $2145 Airbnb ROI: -0.51% Traditional ROI: -0.38%
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.	$374,900	Airbnb cash on cash: 3.15% Traditional cash on cash: 5.27% Airbnb Rental Income: $2311 Traditional Rental Income: $2483 Airbnb ROI: 3.15% Traditional ROI: 5.27%
304 Mavrick Drive Mills River, NC Located in the gated community of The Reserves at Roper Farm, this stunning 3BR/2.5BA home...	3 beds \| 3 baths \| 2,501 sq.ft.	$1,200,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 1.24% Airbnb Rental Income: $2311 Traditional Rental Income: $2779 Airbnb ROI: 0.31% Traditional ROI: 1.24%
95 Wildwood Forest Lane Mills River, NC This charming one-level home features 3 bedrooms, 2 bathrooms and BRAND NEW HVAC! Nestled ...	3 beds \| 2 baths \| 1,463 sq.ft.	$375,000	Airbnb cash on cash: 2.4% Traditional cash on cash: 2.49% Airbnb Rental Income: $2311 Traditional Rental Income: $1771 Airbnb ROI: 2.4% Traditional ROI: 2.49%
16 Devonshire Drive Mills River, NC Step into this High Vista home designed for comfort and connection. The open floor plan in...	3 beds \| 5 baths \| 3,198 sq.ft.	$674,500	Airbnb cash on cash: 1.12% Traditional cash on cash: 2.53% Airbnb Rental Income: $2311 Traditional Rental Income: $2625 Airbnb ROI: 1.12% Traditional ROI: 2.53%
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.	$1,800,900	Airbnb cash on cash: -0.85% Traditional cash on cash: 1.31% Airbnb Rental Income: $2311 Traditional Rental Income: $5359 Airbnb ROI: -0.85% Traditional ROI: 1.31%
717 Daniel Circle Drive Mills River, NC Welcome to 717 Daniel Circle, a stunning modern farmhouse in the sought-after Mills River ...	3 beds \| 3 baths \| 3,664 sq.ft.	$1,410,000	Airbnb cash on cash: -0.64% Traditional cash on cash: -0.05% Airbnb Rental Income: $2311 Traditional Rental Income: $2512 Airbnb ROI: -0.64% Traditional ROI: -0.05%
26 Bonnies Cove Trail Mills River, NC Absolutely spectacular custom mountain estate with magnificent view of the Blue Ridge Park...	3 beds \| 5 baths \| 6,871 sq.ft.	$5,500,000	Airbnb cash on cash: -0.97% Traditional cash on cash: -0.55% Airbnb Rental Income: $2311 Traditional Rental Income: $3860 Airbnb ROI: -0.97% Traditional ROI: -0.55%
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.	$935,000	Airbnb cash on cash: 0.38% Traditional cash on cash: 1.68% Airbnb Rental Income: $2311 Traditional Rental Income: $2867 Airbnb ROI: 0.38% Traditional ROI: 1.68%
230 Blue Heron Drive unit: 57 #57 Mills River, NC Welcome to highly desirable, picturesque, Mills River, NC! Nestled in a lovely quiet commu...	3 beds \| 2 baths \| 1,822 sq.ft.	$499,000	Airbnb cash on cash: 1.62% Traditional cash on cash: 2.33% Airbnb Rental Income: $2311 Traditional Rental Income: $2068 Airbnb ROI: 1.62% Traditional ROI: 2.33%
97 Farm Lane Mills River, NC Thoughtfully updated townhouse in highly desirable The Glens at Aberdeen! Conveniently loc...	2 beds \| 4 baths \| 1,800 sq.ft.	$309,995	Airbnb cash on cash: 3.12% Traditional cash on cash: 4.39% Airbnb Rental Income: $2343 Traditional Rental Income: $2134 Airbnb ROI: 3.12% Traditional ROI: 4.39%
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: 0.09% Traditional cash on cash: 0.06% Airbnb Rental Income: $4396 Traditional Rental Income: $3429 Airbnb ROI: 0.09% Traditional ROI: 0.06%
78 Manchester Way Mills River, NC Welcome to Skont at Mills River, where modern design meets Carolina tranquility! This stun...	3 beds \| 4 baths \| 2,186 sq.ft.	$1,100,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 0.56% Airbnb Rental Income: $2311 Traditional Rental Income: $2538 Airbnb ROI: -0.23% Traditional ROI: 0.56%
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.	$775,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 1.25% Airbnb Rental Income: $2311 Traditional Rental Income: $2318 Airbnb ROI: 0.44% Traditional ROI: 1.25%
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.	$525,000	Airbnb cash on cash: 2.1% Traditional cash on cash: 2.75% Airbnb Rental Income: $2343 Traditional Rental Income: $2080 Airbnb ROI: 2.1% Traditional ROI: 2.75%
162 Mavrick Drive Mills River, NC The Reserves at Roper Farm is a gated community that offers unrivaled Mills River views, l...	3 beds \| 4 baths \| 2,800 sq.ft.	$1,125,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 1.99% Airbnb Rental Income: $2311 Traditional Rental Income: $3238 Airbnb ROI: 0.55% Traditional ROI: 1.99%
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.	$405,000	Airbnb cash on cash: 3.04% Traditional cash on cash: 3.36% Airbnb Rental Income: $2311 Traditional Rental Income: $1858 Airbnb ROI: 3.04% Traditional ROI: 3.36%
7490 BOYLSTON Highway Mills River, NC Welcome to this spacious Mills River home offering flexibility, comfort, and beautiful mou...	3 beds \| 2 baths \| 1,769 sq.ft.	$399,000	Airbnb cash on cash: 2.56% Traditional cash on cash: 3.33% Airbnb Rental Income: $2311 Traditional Rental Income: $2026 Airbnb ROI: 2.56% Traditional ROI: 3.33%

Real Estate investment in Mills-river, NC

There are 25 properties for sale in the city of Mills River . The median list price in Mills River is $935,000 and the average price per square foot is $327. In September 2025, the average monthly cash on cash return in Mills River is 1.00%. The average monthly rental income in Mills River is $2,483.

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

There are 25 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 $2,311.

Your search for investment property begins and ends here

Investment Property for Sale in Mills River, NC

59 W Bradford Hill Road

Mills River, NC

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

$2,725,000

Airbnb cash on cash: -0.5%

Traditional cash on cash: -0.49%

Airbnb Rental Income: $4396

Traditional Rental Income: $3503

Airbnb ROI: -0.5%

Traditional ROI: -0.49%

456 Samuel Drive

Mills River, NC

3 beds | 3 baths | 3,521 sq.ft.

$1,299,999

Airbnb cash on cash: -0.54%

Traditional cash on cash: -0.11%

Airbnb Rental Income: $2311

Traditional Rental Income: $2265

Airbnb ROI: -0.54%

Traditional ROI: -0.11%

598 Miles View Drive

Mills River, NC

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

$1,900,000

Airbnb cash on cash: 0.7%

Traditional cash on cash: 0.09%

Airbnb Rental Income: $4396

Traditional Rental Income: $2393

Airbnb ROI: 0.7%

Traditional ROI: 0.09%

10 Chestnut Ridge Road

Mills River, NC

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

$660,000

Airbnb cash on cash: 1.25%

Traditional cash on cash: 2.85%

Airbnb Rental Income: $2311

Traditional Rental Income: $2723

Airbnb ROI: 1.25%

Traditional ROI: 2.85%

22 Lara Drive

Mills River, NC

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

$849,000

Airbnb cash on cash: 1.09%

Traditional cash on cash: 1.27%

Airbnb Rental Income: $2343

Traditional Rental Income: $1912

Airbnb ROI: 1.09%

Traditional ROI: 1.27%

33 Warlick Road

Mills River, NC

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

$560,000

Airbnb cash on cash: 1.78%

Traditional cash on cash: 2.62%

Airbnb Rental Income: $2311

Traditional Rental Income: $2174

Airbnb ROI: 1.78%

Traditional ROI: 2.62%

71 Happy Valley Drive

Mills River, NC

3 beds | 3 baths | 1,930 sq.ft.

$3,350,000

Airbnb cash on cash: -0.51%

Traditional cash on cash: -0.38%

Airbnb Rental Income: $2311

Traditional Rental Income: $2145

Airbnb ROI: -0.51%

Traditional ROI: -0.38%

41 Deep Woods Road

Mills River, NC

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

$374,900

Airbnb cash on cash: 3.15%

Traditional cash on cash: 5.27%

Airbnb Rental Income: $2311

Traditional Rental Income: $2483

Airbnb ROI: 3.15%