86 Sterling Drive, Mills River NC
- 3 Bed
- 1 Bath
- 1094 ft2
- 1.2 ac
For Sale $299,000
Remarks:
BACK ON THE MARKET — $20,000 PRICE REDUCTION! Great news for buyers! The previous buyers changed their minds about the location, giving you another opportunity to purchase this rare, one-of-a-kind Mills River property. During their due diligence, both buyers and sellers gained valuable additional information about the property and its potential. NEW INFORMATION: Inspections confirmed two septic systems—one serving the main house and one serving the mobile homes. The existing concrete septic tanks are old and need to be replaced. Estimates for approximately $15,000 in replacement work are available. The new Trailer systems would be for a total of 4 bedrooms. The water well is working, although the supply line is currently broken. A video of the well is available. A home inspection report is also available, providing additional information about the condition of the main house, which is generally consistent with what can be seen during a visit. To help address the needed updates, the property is now offered with a $20,000 price reduction, making this an excellent opportunity for a buyer ready to renovate and bring their vision to life. 86 Sterling Drive offers an exceptional combination of location, usable land, multiple homesites, and potential. Whether you're looking for a primary residence, mountain retreat, family compound, or investment property, opportunities like this are increasingly difficult to find. The property features a single-level ranch home with 3 bedrooms, 1 full bath, and a covered front porch. The level lot overlooks neighboring pastures and offers potential for beautiful mountain views. Two additional homesites with older mobile homes add even more possibilities. Each has its own address, power service, while the mobile home sites share the water well and their own shared septic. Preliminary discussions with the Town of Mills River and Henderson County indicate that replacing the mobile homes with similar structures, such as off-site-on-frame tiny homes or log cabin cottages, may be possible, subject to buyer verification and all applicable approvals. The possibilities are exciting—create a multi-generational family compound, long-term rental portfolio, private retreat, or other investment opportunity. The location is outstanding, with convenient access to Asheville, Hendersonville, Brevard, Asheville Regional Airport, shopping, dining, breweries, and endless outdoor recreation, while still enjoying the peaceful setting of rural Mills River. This is an estate sale and the property is being sold As-Is. Buyers are encouraged to review the available inspection information and estimates and perform their own due diligence regarding all aspects of the property. Back on the market, $20,000 reduced, and now better understood. Bring your vision and take advantage of this rare opportunity in one of Mills River's most desirable locations!
General Information:
| List Price: | $299,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1094 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4401827 |
| Subdivision: | None |
| Style: | Ranch, Traditional |
| Bathrooms: | 1 |
| Lot Description: | Cleared, Level, Views |
| Year Built: | 1965 |
| Sewer Type: | Other - See Remarks |
Assigned Schools:
| Elementary: | Mills River |
| Middle: | West Henderson |
| High: | West Henderson |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 09-01-2026 | Relisted | $299,000-6.27% | $274 |
| 08-13-2026 | Under Contract | $319,000 | $292 |
| 08-12-2026 | Price Decrease | $319,000-3.04% | $292 |
| 07-22-2026 | Listed | $329,000 | $301 |
| 11-28-2025 | Price Decrease | $332,990-1.48% | $305 |
| 11-10-2025 | Price Decrease | $337,990-14.00% | $309 |
| 10-31-2025 | Price Increase | $392,990+0.20% | $360 |
| 10-13-2025 | Listed | $392,205 | $359 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Mills River Elementary | 1 miles | KG-05 | 9 |
| Glenn C Marlow Elementary | 2 miles | KG-05 | 10 |
| Fletcher Elementary | 4 miles | KG-05 | 9 |
| Etowah Elementary | 5 miles | KG-05 | 9 |
| Hendersonville Elementary | 7 miles | KG-05 | 9 |
| William W Estes Elementary | 7 miles | KG-05 | 8 |
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 |
| 86 Sterling Drive, Mills River NC | 0 mi | $299,000 | days | |
| 10 Old Turnpike Road, Mills River NC | 0.2 mi | $2,699,000 | days | |
| 18 Hilda Lane, Mills River NC | 0.3 mi | $650,000 | days | |
| 4 Woodscape Drive, Mills River NC | 0.4 mi | $299,999 | days | |
| 55 Greenwood Acres Drive, Mills River NC | 0.5 mi | $455,000 | days | |
| 11 Greenwood Acres Drive, Mills River NC | 0.5 mi | $489,000 | 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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| 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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| 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 Home And Land For Sale
86 Sterling Drive, Mills River NC is a 1094 ft2 on a 1.150 acres lot. This is for $299,000. This has 3 bedrooms, 1 baths, and was built in 1965.
Based on information submitted to the MLS GRID as of 2026-07-22 02:36:41 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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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.
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