154 High Pasture Trail, Mills River NC
- 2 Bed
- 2 Bath
- 1595 ft2
- 5.5 ac
For Sale $995,000
Remarks:
Discover an extraordinary opportunity offering unmatched potential for residential subdivision, eventing, lifestyle or institutional mixed-use development. Acquire this 5.45 acre portion or the whole 40.69 acres to create a magnificent family retreat, mixed-use community or equine class estate! Located 5 mins from AVL Regional Airport, interstate access and within blocks of the new Publix shopping center (under const), the location affords easy access to Mills River retail and business services. This property features a 1,595 SF dwelling with oversized detached garage resting atop a gorgeous mountain top setting overlooking lush rolling pastures and offers remarkable views of distant mountain ridges! Envision adaption of the residential structure as ancillary quarters to a much larger development concept or consider purchase of the "whole" to create an unprecedented, estate or institutional class property ideally suited for large estate plotting, a private family compound or multi-purpose retreat! Subject to seller discretion with regard to the timing of a sale of any part of the larger whole, this property is offered individually or, collectively as part of the whole. Adjacent properties include a small warehouse structure and Morton Barn on 12.29 acs immediately north, lush rolling pastoral lands to the south and upscale single family homes to the west. Transformation of the adjacent warehouse structure into an event center, recreational space or institutional learning facility would be an ideal fit with the surrounding landscape (subject to buyer confirm of any contemplated land use in light of the Town of Mills Rivers' potential adoption of a UDO). You be the visionary! Purchase and combine or re-purpose the entirety of land and improvements to achieve maximum utilization, enhance circulation and development flexibility! With multiple points of access, the property as a whole lays out well for a myriad of adaptive commercial, institutional or mixed use and offers a rare blend of scale, flexibility, and location! However you choose to utilize, expand, or reimagine this property, have confidence knowing a property of this caliber is rarely offered!
Exterior Features:
Fence, Storage, Other - See Remarks
Interior Features:
Attic Stairs Pulldown, Built-in Features, Other - See Remarks
General Information:
| List Price: | $995,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1595 sqft |
| Parking: | Attached Carport, Driveway, Detached Garage |
| MLS Number: | CAR4392475 |
| Subdivision: | None |
| Style: | Ranch, Other |
| Bathrooms: | 2 |
| Lot Description: | Cleared, Green Area, Hilly, Level, Pasture, Private, Rolling Slope, Sloped, Creek/Stream, Wooded, Views, Other - See Remarks |
| Year Built: | 1997 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Glen Marlow |
| Middle: | Rugby |
| High: | West |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 06-22-2026 | Price Decrease | $995,000-79.05% | $624 |
| 06-19-2026 | Price Decrease | $4,750,000-25.02% | $2,979 |
| 05-25-2026 | Listed | $6,335,000 | $3,972 |
| 11-01-2025 | Under Contract | $239,900-4.00% | $151 |
| 10-09-2025 | Price Decrease | $249,900-9.13% | $157 |
| 07-09-2025 | Listed | $275,000 | $173 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Glenn C Marlow Elementary | 1 miles | KG-05 | 10 |
| Mills River Elementary | 2 miles | KG-05 | 9 |
| Fletcher Elementary | 4 miles | KG-05 | 9 |
| William W Estes Elementary | 6 miles | KG-05 | 8 |
| Etowah Elementary | 6 miles | KG-05 | 9 |
| Clear Creek Elementary | 8 miles | KG-05 | 9 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 154 High Pasture Trail, Mills River NC | 0 mi | $995,000 | days | |
| 5185 Old Haywood Road, Mills River NC | 0.1 mi | $424,000 | days | |
| 404 High Ridge Drive, Mills River NC | 0.5 mi | $547,500 | days | |
| 434 Creek Side Drive, Mills River NC | 0.6 mi | $860,000 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
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Mortgage Calculator
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28759
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By NAI Beverly-Hanks
154 High Pasture Trail, Mills River NC is a 1595 ft2 on a 5.450 acres lot. This is for $995,000. This has 2 bedrooms, 2 baths, and was built in 1997.
Based on information submitted to the MLS GRID as of 2026-05-25 10:55:10 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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