86 Sterling Drive, Mills River NC
- 3 Bed
- 1 Bath
- 1094 ft2
- 1.2 ac
For Sale $329,000
Remarks:
Location - Location - Location! Located in one of Western North Carolina's most desirable areas, this unique Mills River property offers exceptional potential with a combination of location, usable land, and multiple homesites. Whether you're searching for a primary residence, mountain retreat, family compound, or investment property, 86 Sterling Drive presents an opportunity that's becoming increasingly difficult to find. The property features a single-level ranch home with 3 bedrooms, 1 full bath, and a covered front porch, ready for your remodeling vision. The level lot overlooks neighboring pastures with the potential for beautiful mountain views. Two additional homesites with older mobile homes add to the property's appeal. Each site has its own address, power service, and septic system, and they share a water well. According to preliminary discussions with the Town of Mills River and Henderson County, replacing mobile homes with similar structures, such as off-site on frame built tiny homes or log cabin cottages may be possible, subject to buyer verification and all applicable approvals. This creates exciting possibilities for a multi-generational family compound, long-term rental portfolio, or other investment opportunities. The location is truly outstanding. Enjoy convenient access to Asheville, Hendersonville, Brevard, Asheville Regional Airport, shopping, dining, breweries, and the area's endless outdoor recreation within walking distance while still enjoying the peaceful setting of rural Mills River. This is an estate sale, and the property is being sold As-Is. The main home has been vacant since winter. The sellers have limited knowledge of the property's condition, as no heirs have occupied it for several years. One mobile home has floor damage, and the other has smoke damage. Buyers should consider the mobile homes to have little structural value, the greatest value lies in the existing homesites and the potential for future replacement or redevelopment. Opportunities like this—offering multiple homes in such a prime Mills River location—are exceptionally rare. Bring your vision and explore the possibilities.
General Information:
| List Price: | $329,000 |
| 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 |
| 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 | $329,000 | days | |
| 10 Old Turnpike Road, Mills River NC | 0.2 mi | $2,750,000 | 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 | |
| 11 Greenwood Acres Drive, Mills River NC | 0.5 mi | $514,000 | days | |
| 44 Presbyterian Church Road, Mills River NC | 0.6 mi | $375,000 | 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 $329,000. 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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