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: -0.37% Traditional cash on cash: 4.3% Airbnb Rental Income: $1185 Traditional Rental Income: $2183 Airbnb ROI: -0.37% 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: -1.22% Traditional cash on cash: -0.48% Airbnb Rental Income: $2210 Traditional Rental Income: $3503 Airbnb ROI: -1.22% 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: -0.47% Traditional cash on cash: 1.98% Airbnb Rental Income: $2210 Traditional Rental Income: $4334 Airbnb ROI: -0.47% 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: -1.32% Traditional cash on cash: -0.11% Airbnb Rental Income: $1185 Traditional Rental Income: $2265 Airbnb ROI: -1.32% 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: -0.33% Traditional cash on cash: 0.09% Airbnb Rental Income: $2210 Traditional Rental Income: $2393 Airbnb ROI: -0.33% Traditional ROI: 0.09%
158 School House Road Mills River, NC Large level lot and four-bedroom brick home in the heart of the sought after Mills River c...	4 beds \| 2 baths \| 3,283 sq.ft.	$535,000	Airbnb cash on cash: 1.89% Traditional cash on cash: 2.84% Airbnb Rental Income: $2210 Traditional Rental Income: $2128 Airbnb ROI: 1.89% Traditional ROI: 2.84%
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: -0.64% Traditional cash on cash: 0.24% Airbnb Rental Income: $2210 Traditional Rental Income: $2708 Airbnb ROI: -0.64% 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: -0.25% Traditional cash on cash: 2.98% Airbnb Rental Income: $1185 Traditional Rental Income: $2723 Airbnb ROI: -0.25% 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: 0.27% Traditional cash on cash: 1.34% Airbnb Rental Income: $1531 Traditional Rental Income: $1912 Airbnb ROI: 0.27% 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% Traditional cash on cash: 2.68% Airbnb Rental Income: $1185 Traditional Rental Income: $2174 Airbnb ROI: 0% 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: -0.81% Traditional cash on cash: -0.38% Airbnb Rental Income: $1185 Traditional Rental Income: $2145 Airbnb ROI: -0.81% 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.	$348,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 5.74% Airbnb Rental Income: $1185 Traditional Rental Income: $2483 Airbnb ROI: 0.59% 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: -1.39% Traditional cash on cash: 1.5% Airbnb Rental Income: $1185 Traditional Rental Income: $5359 Airbnb ROI: -1.39% Traditional ROI: 1.5%
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: -1.36% Traditional cash on cash: -0.05% Airbnb Rental Income: $1185 Traditional Rental Income: $2512 Airbnb ROI: -1.36% 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.	$905,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 1.76% Airbnb Rental Income: $1185 Traditional Rental Income: $2867 Airbnb ROI: -0.69% 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: -0.43% Traditional cash on cash: 1.6% Airbnb Rental Income: $1185 Traditional Rental Income: $2640 Airbnb ROI: -0.43% 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: -0.95% Traditional cash on cash: 0.06% Airbnb Rental Income: $2210 Traditional Rental Income: $3429 Airbnb ROI: -0.95% 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: -1.1% Traditional cash on cash: 0.71% Airbnb Rental Income: $1185 Traditional Rental Income: $2538 Airbnb ROI: -1.1% 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.	$699,000	Airbnb cash on cash: -0.75% Traditional cash on cash: 1.58% Airbnb Rental Income: $1185 Traditional Rental Income: $2318 Airbnb ROI: -0.75% 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: 0.81% Traditional cash on cash: 2.93% Airbnb Rental Income: $1531 Traditional Rental Income: $2080 Airbnb ROI: 0.81% 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: 0.61% Traditional cash on cash: 3.47% Airbnb Rental Income: $1185 Traditional Rental Income: $1858 Airbnb ROI: 0.61% 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%
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.	$725,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 2.21% Airbnb Rental Income: $1185 Traditional Rental Income: $2450 Airbnb ROI: -0.23% Traditional ROI: 2.21%
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: -1.49% Traditional cash on cash: -1.05% Airbnb Rental Income: $1185 Traditional Rental Income: $1698 Airbnb ROI: -1.49% 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: 1.85% Traditional cash on cash: 3% Airbnb Rental Income: $2210 Traditional Rental Income: $2204 Airbnb ROI: 1.85% 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: 0.14% Traditional cash on cash: 1.01% Airbnb Rental Income: $2210 Traditional Rental Income: $2540 Airbnb ROI: 0.14% 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.	$749,900	Airbnb cash on cash: -0.83% Traditional cash on cash: 1.6% Airbnb Rental Income: $1185 Traditional Rental Income: $2491 Airbnb ROI: -0.83% 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: -0.21% Traditional cash on cash: 1.68% Airbnb Rental Income: $1185 Traditional Rental Income: $2118 Airbnb ROI: -0.21% 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: -1.14% Traditional cash on cash: 1.01% Airbnb Rental Income: $1185 Traditional Rental Income: $3000 Airbnb ROI: -1.14% Traditional ROI: 1.01%

Real Estate investment in Mills-river, NC

There are 30 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 $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 $2,467.

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

There are 30 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 $1,185.

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: -0.37%

Traditional cash on cash: 4.3%

Airbnb Rental Income: $1185

Traditional Rental Income: $2183

Airbnb ROI: -0.37%

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: -1.22%

Traditional cash on cash: -0.48%

Airbnb Rental Income: $2210

Traditional Rental Income: $3503

Airbnb ROI: -1.22%

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: -0.47%

Traditional cash on cash: 1.98%

Airbnb Rental Income: $2210

Traditional Rental Income: $4334

Airbnb ROI: -0.47%

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: -1.32%

Traditional cash on cash: -0.11%

Airbnb Rental Income: $1185

Traditional Rental Income: $2265

Airbnb ROI: -1.32%

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: -0.33%

Traditional cash on cash: 0.09%

Airbnb Rental Income: $2210

Traditional Rental Income: $2393

Airbnb ROI: -0.33%

Traditional ROI: 0.09%

158 School House Road

Mills River, NC

4 beds | 2 baths | 3,283 sq.ft.

$535,000

Airbnb cash on cash: 1.89%

Traditional cash on cash: 2.84%

Airbnb Rental Income: $2210

Traditional Rental Income: $2128

Airbnb ROI: 1.89%

Traditional ROI: 2.84%

58 Wintercress Drive

Mills River, NC

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

$1,299,900

Airbnb cash on cash: -0.64%

Traditional cash on cash: 0.24%

Airbnb Rental Income: $2210

Traditional Rental Income: $2708

Airbnb ROI: -0.64%

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: -0.25%

Traditional cash on cash: 2.98%

Airbnb Rental Income: $1185

Traditional Rental Income: $2723

Airbnb ROI: -0.25%