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: 2.8% Traditional cash on cash: 4.3% Airbnb Rental Income: $2311 Traditional Rental Income: $2183 Airbnb ROI: 2.8% 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.	$2,700,000	Airbnb cash on cash: -0.49% Traditional cash on cash: -0.48% Airbnb Rental Income: $4396 Traditional Rental Income: $3503 Airbnb ROI: -0.49% Traditional ROI: -0.48%
56 Devonshire Drive Mills River, NC It's not every day you find a home that feels this good to walk into. Behind the gates of ...	4 beds \| 5 baths \| 4,843 sq.ft.	$1,175,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 1.98% Airbnb Rental Income: $4396 Traditional Rental Income: $4334 Airbnb ROI: 1.2% Traditional ROI: 1.98%
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%
58 Wintercress Drive Mills River, NC Experience the best of modern mountain living in this farmhouse retreat, where timeless de...	4 beds \| 4 baths \| 3,489 sq.ft.	$1,299,900	Airbnb cash on cash: 0.87% Traditional cash on cash: 0.24% Airbnb Rental Income: $4396 Traditional Rental Income: $2708 Airbnb ROI: 0.87% Traditional ROI: 0.24%
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.	$639,000	Airbnb cash on cash: 1.32% Traditional cash on cash: 2.98% Airbnb Rental Income: $2311 Traditional Rental Income: $2723 Airbnb ROI: 1.32% 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: 1.15% Traditional cash on cash: 1.34% Airbnb Rental Income: $2343 Traditional Rental Income: $1912 Airbnb ROI: 1.15% 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: 1.83% Traditional cash on cash: 2.68% Airbnb Rental Income: $2311 Traditional Rental Income: $2174 Airbnb ROI: 1.83% Traditional ROI: 2.68%
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.	$359,900	Airbnb cash on cash: 3.32% Traditional cash on cash: 5.52% Airbnb Rental Income: $2311 Traditional Rental Income: $2483 Airbnb ROI: 3.32% Traditional ROI: 5.52%
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%
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.	$915,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 1.73% Airbnb Rental Income: $2311 Traditional Rental Income: $2867 Airbnb ROI: 0.41% Traditional ROI: 1.73%
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.	$1,000,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 1.54% Airbnb Rental Income: $2311 Traditional Rental Income: $2640 Airbnb ROI: 0.57% Traditional ROI: 1.54%
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.	$475,000	Airbnb cash on cash: 1.79% Traditional cash on cash: 2.54% Airbnb Rental Income: $2311 Traditional Rental Income: $2068 Airbnb ROI: 1.79% Traditional ROI: 2.54%
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.	$284,995	Airbnb cash on cash: 3.48% Traditional cash on cash: 4.86% Airbnb Rental Income: $2343 Traditional Rental Income: $2134 Airbnb ROI: 3.48% Traditional ROI: 4.86%
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 Live Inspired at Skont at Mills River! Welcome to a rare opportunity to own a one-of-a-kin...	3 beds \| 4 baths \| 2,186 sq.ft.	$1,032,000	Airbnb cash on cash: -0.12% Traditional cash on cash: 0.71% Airbnb Rental Income: $2311 Traditional Rental Income: $2538 Airbnb ROI: -0.12% Traditional ROI: 0.71%
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.	$749,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 1.35% Airbnb Rental Income: $2311 Traditional Rental Income: $2318 Airbnb ROI: 0.52% Traditional ROI: 1.35%
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.	$515,000	Airbnb cash on cash: 2.16% Traditional cash on cash: 2.82% Airbnb Rental Income: $2343 Traditional Rental Income: $2080 Airbnb ROI: 2.16% Traditional ROI: 2.82%
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.	$1,150,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 1.92% Airbnb Rental Income: $2311 Traditional Rental Income: $3238 Airbnb ROI: 0.52% Traditional ROI: 1.92%
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: 3.14% Traditional cash on cash: 3.47% Airbnb Rental Income: $2311 Traditional Rental Income: $1858 Airbnb ROI: 3.14% Traditional ROI: 3.47%
218 Barnrock Drive Mills River, NC There's something special about life at the end of a cul-de-sac - the sense of calm, the s...	5 beds \| 4 baths \| 2,673 sq.ft.	$890,000	Airbnb cash on cash: 2.12% Traditional cash on cash: 1.47% Airbnb Rental Income: $4266 Traditional Rental Income: $2832 Airbnb ROI: 2.12% Traditional ROI: 1.47%
560 Hunters Ridge Drive Mills River, NC Charming Mills River home offering 1,400 sq ft of living space, ideally located at the end...	2 beds \| 3 baths \| 1,567 sq.ft.	$275,000	Airbnb cash on cash: 4.61% Traditional cash on cash: 5.2% Airbnb Rental Income: $2343 Traditional Rental Income: $1916 Airbnb ROI: 4.61% Traditional ROI: 5.2%
98 Red Oak Drive Mills River, NC Motivated Sellers! Welcome to this 3BR/3BA single-family home in the desirable High Vista ...	3 beds \| 3 baths \| 3,402 sq.ft.	$689,900	Airbnb cash on cash: 1.19% Traditional cash on cash: 1.72% Airbnb Rental Income: $2311 Traditional Rental Income: $2078 Airbnb ROI: 1.19% Traditional ROI: 1.72%
364 S Mills River Road Mills River, NC Located in the beautiful community of Mills River, this privately situated home overlooks ...	3 beds \| 3 baths \| 2,635 sq.ft.	$749,995	Airbnb cash on cash: 1.08% Traditional cash on cash: 2.1% Airbnb Rental Income: $2311 Traditional Rental Income: $2450 Airbnb ROI: 1.08% Traditional ROI: 2.1%
128 Cook Lane Mills River, NC A rare hidden gem in Mills River. 49.9 acres in an ideal private location convenient to As...	3 beds \| 2 baths \| 1,300 sq.ft.	$2,485,800	Airbnb cash on cash: -1.12% Traditional cash on cash: -1.14% Airbnb Rental Income: $2311 Traditional Rental Income: $1698 Airbnb ROI: -1.12% Traditional ROI: -1.14%
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: 5.64% Traditional cash on cash: 3% Airbnb Rental Income: $4396 Traditional Rental Income: $2204 Airbnb ROI: 5.64% Traditional ROI: 3%
405 Samuel Drive Mills River, NC Don't miss out on a chance to own in this sought-after community! This captivating home wi...	4 beds \| 3 baths \| 2,740 sq.ft.	$1,100,000	Airbnb cash on cash: 1.92% Traditional cash on cash: 1.01% Airbnb Rental Income: $4396 Traditional Rental Income: $2540 Airbnb ROI: 1.92% Traditional ROI: 1.01%
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.	$799,900	Airbnb cash on cash: 0.37% Traditional cash on cash: 1.38% Airbnb Rental Income: $2311 Traditional Rental Income: $2491 Airbnb ROI: 0.37% Traditional ROI: 1.38%

Real Estate investment in Mills-river, NC

There are 31 properties for sale in the city of Mills River . The median list price in Mills River is $890,000 and the average price per square foot is $330. In October 2025, the average monthly cash on cash return in Mills River is 2.00%. The average monthly rental income in Mills River is $2,450.

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

There are 31 investment properties available for sale in Mills-river.

In 2025, the best neighborhood to buy investment property is Mills River.

The ROI for Long-Term is higher than the Short-Term in Mills-river with average rental income of $2,450.

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: 2.8%

Traditional cash on cash: 4.3%

Airbnb Rental Income: $2311

Traditional Rental Income: $2183

Airbnb ROI: 2.8%

Traditional ROI: 4.3%

59 W Bradford Hill Road

Mills River, NC

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

$2,700,000

Airbnb cash on cash: -0.49%

Traditional cash on cash: -0.48%

Airbnb Rental Income: $4396

Traditional Rental Income: $3503

Airbnb ROI: -0.49%

Traditional ROI: -0.48%

56 Devonshire Drive

Mills River, NC

4 beds | 5 baths | 4,843 sq.ft.

$1,175,000

Airbnb cash on cash: 1.2%

Traditional cash on cash: 1.98%

Airbnb Rental Income: $4396

Traditional Rental Income: $4334

Airbnb ROI: 1.2%

Traditional ROI: 1.98%

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%

58 Wintercress Drive

Mills River, NC

4 beds | 4 baths | 3,489 sq.ft.

$1,299,900

Airbnb cash on cash: 0.87%

Traditional cash on cash: 0.24%

Airbnb Rental Income: $4396

Traditional Rental Income: $2708

Airbnb ROI: 0.87%

Traditional ROI: 0.24%

10 Chestnut Ridge Road

Mills River, NC

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

$639,000

Airbnb cash on cash: 1.32%

Traditional cash on cash: 2.98%

Airbnb Rental Income: $2311

Traditional Rental Income: $2723

Airbnb ROI: 1.32%

Traditional ROI: 2.98%

22 Lara Drive

Mills River, NC

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

$825,000

Airbnb cash on cash: 1.15%

Traditional cash on cash: 1.34%

Airbnb Rental Income: $2343

Traditional Rental Income: $1912

Airbnb ROI: 1.15%