297 Banner Farm Road, Mills River NC

  • 3 Bed
  • 2 Bath
  • 1322 ft2
  • 3.2 ac

For Sale $465,000

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Remarks:

Welcome to the heart of Mills River, nestled in the scenic Blue Ridge Mountains, where peaceful rural living meets everyday convenience. Ideally located between Asheville, Hendersonville, and Brevard, this property offers the perfect balance of privacy and accessibility. This one level brick ranch sits on a level 1.14 acre lot, ready for your personal touch and vision. Even better, the property includes two additional level lots, each offering 1.01 acres, bringing the total to an impressive 3.16 acres of opportunity. Whether you envision creating a mini farm that honors the area’s rich agricultural heritage or exploring an investment opportunity, the possibilities here are exceptional. Renovate the existing home and build on the additional lots for rental income or spec homes, the choice is yours. Enjoy a highly convenient location just steps from Mills River Elementary School and minutes from local favorites including Sierra Nevada Brewing Co., Bold Rock Hard Cider, The Riveter, and the breathtaking trails of Pisgah National Forest. Shopping, dining, and outdoor recreation are all within easy reach. Opportunities like this, with acreage, flexibility, and location, are rare. Don’t miss your chance to make this unique property your own.

Interior Features:

Attic Stairs Pulldown

General Information:

List Price: $465,000
Status: For Sale
Bedrooms: 3
Type: Single Family Residence
Approx Sq. Ft.: 1322 sqft
Parking: Driveway, Attached Garage
MLS Number: CAR4346676
Subdivision: None
Style: Ranch
Bathrooms: 2
Lot Description: Level
Year Built: 1963
Sewer Type: Septic Installed

Assigned Schools:

Elementary: Mills River
Middle: Rugby
High: West

Price & Sales History

Date Event Price $/SQFT
03-27-2026 Listed $536,250 $406

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Mills River Elementary 0 miles KG-05 9
Glenn C Marlow Elementary 2 miles KG-05 10
Etowah Elementary 4 miles KG-05 9
Fletcher Elementary 4 miles KG-05 9
Hendersonville Elementary 6 miles KG-05 9
Bruce Drysdale Elementary 7 miles KG-05 3

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
297 Banner Farm Road, Mills River NC 0 mi $465,000 days
26 Cook Lane, Mills River NC 0.3 mi $5,500,000 days
138 Mavrick Drive, Mills River NC 0.6 mi $1,299,900 days
127 Kingfisher Lane, Mills River NC 0.9 mi $499,000 days
1 to 4 of 4 Result

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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  • Down Payment Amount $990,000
    Mortgage Amount $3,960,000
    Monthly Payment (Principal & Interest Only) $19,480

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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.

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    Property Listing Information

    A Courtesy Listing Provided By Keller Williams Professionals

    297 Banner Farm Road, Mills River NC is a 1322 ft2 on a 3.160 acres Level lot. This is for $465,000. This has 3 bedrooms, 2 baths, and was built in 1963.

    Based on information submitted to the MLS GRID as of 2026-04-27 09:35:04 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. Click here for more information

    Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.