For Sale $4,990,000
Discover one of Western North Carolina's most extraordinary legacy properties. Spanning approximately 269 acres in the scenic mountains of Madison County, NC, this rare estate encompasses five existing residences, and offers an unrivaled combination of privacy, versatility, and long-term investment potential. Whether your vision is a private mountain retreat, equestrian estate, legacy family compound, boutique hospitality venture, corporate retreat, conservation property, or a thoughtfully planned development, this remarkable property offers the scale, valuable existing infrastructure, and natural beauty to bring it to life. Enjoy breathtaking long-range mountain views, rolling pastureland, wooded hiking and ATV trails, abundant wildlife, unmatched privacy, and countless potential home sites throughout the estate. The existing residences provide immediate flexibility for extended family, caretakers, guest accommodations, or rental income while preserving incredible opportunities for future growth. Conveniently located just outside the charming town of Mars Hill, with easy access to Asheville, Hatley Pointe, Wolf Laurel, skiing, hiking, and year-round outdoor recreation, this is a once-in-a-generation chance to own one of Western North Carolina's most significant large-acreage mountain estates. The property includes four move-in ready log homes plus an additional ranch-style residence, providing exceptional flexibility for multi-generational living, guest accommodations, staff housing, or income-producing rentals. Additional improvements include a large workshop/garage with an apartment, a picturesque pond, and a massive greenhouse, each ready to be restored. Over a mile of paved roads dissect the acreage with gated access on both the eastern and western boundaries. Underground utilities throughout the property provide a rare foundation for future expansion. Beyond the improvements, multiple rolling pastures give way to hundreds of acres of mature hardwood forest, where an extensive network of trails winds through peaceful valleys and along scenic ridgelines. Please NO DRIVE BYS and do not disturb the tenants.
| List Price: | $4,990,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Portfolio |
| Parking: | Other - See Remarks |
| MLS Number: | CAR4406664 |
| Subdivision: | none |
| Lot Description: | Creek Front, Pasture, Paved, Pond(s), Private, Creek/Stream, Wooded, Views |
| Year Built: | 1982 |
| Sewer Type: | Septic Installed |
| Elementary: | Mars Hill |
| Middle: | Cane River |
| High: | North Buncombe |
| Date | Event | Price | $/SQFT |
| 07-23-2026 | Listed | $4,990,000 | N/A |
| 11-06-2025 | Price Decrease | $400,000-2.44% | N/A |
| 10-18-2025 | Listed | $410,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Bald Creek Elementary | 6 miles | KG-05 | 10 |
| Mars Hill Elementary School | 7 miles | KG-05 | 8 |
| Bee Log Elementary | 8 miles | KG-05 | 7 |
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.
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 |
| 961 Wilson Branch Road, Mars Hill NC | 0 mi | $4,990,000 | days | |
| 51 Airport Road, Mars Hill NC | 1.2 mi | $2,750,000 | days |
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 |
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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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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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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.
A Courtesy Listing Provided By Asheville Realty Group
961 Wilson Branch Road, Mars Hill NC is a ft2 on a 269.000 acres lot. This is for $4,990,000. This has 3 bedrooms, baths, and was built in 1982.
Based on information submitted to the MLS GRID as of 2026-07-23 09:23:05 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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