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285 Mount Gilead Church Road, Mills River, NC 28759

$6,335,000
  • 285 Mount Gilead Church Road, Mills River, NC 28759 Main Photo

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Active
LOT SIZE 40.690 acres MLS#4374642
STATUSActive PROPERTY TYPELand - Residential

Property Description

Discover an extraordinary ~41-acre mixed-use estate offering unmatched potential for residential, commercial, or lifestyle development. This property combines natural beauty with strategic flexibility, making it ideal for investors, developers, or those seeking a private multi-purpose retreat.Set against a backdrop of pastoral landscape and scenic mountain vistas, this estate provides significant open space for a wide range of possibilities?luxury residences, boutique commercial spaces, an event venue, or a thoughtfully planned, well segmented mixed-use community! Fully fenced and rich in natural beauty, this estate offers sweeping fields of lush pasture, breathtaking views, and multiple hilltop sites! Building improvements include a 9,600 sf R&D warehouse equipped with hydronic slab heat, air conditioning / suspended heat, a 2,160 sf Morton barn, and 1,595 sf single-family residence with detached 1,555 sf oversized garage utilized as an auxiliary living unit. Whether envisioned as a private compound, an income-generating development, or a legacy property, all structures provide immediate utility contributing significantly to the overall value of the estate. Transformation of the warehouse into an event center, restaurant with dance hall, production/showroom, recreational space or dynamic learning facility fits well with the surrounding landscape (subject to buyer confirmation of any contemplated land use in light of the Town of Mills Rivers' potential adoption of a UDO). You be the visionary! Combine or re-segment the land to achieve maximum utilization, circulation potential and development flexibility! With multiple points of public and private access, western portions of the property are well-positioned for large estate residential development while eastern portions lay out well for production or adaptive commercial reuse. Intuitively, the western ~23 acres borders the established Mill Ridge subdivision, reinforcing its viability for residential expansion. Just minutes from the Asheville Regional Airport, blocks from the new Publix shopping center, and ¼ mile from Mills River retail and employment centers, this truly one-of-a-kind estate offers a rare blend of scale, flexibility, and location! Whether you choose to utilize, expand, or reimagine this property, have confidence knowing a property of this caliber is rarely offered!

285 Mount Gilead Church Road | MLS# 4374642

This land located at 285 Mount Gilead Church Road, Mills River, NC 28759 is currently listed for sale with an asking price of $6,335,000. The property has approximately 40.69 Acres. Search Mills River real estate on anna.lakenormanrealty.com today.

Property Features

Property Type: Land - Residential
Fenced: Yes
Lot Size: 40.69 Acres

Amenities

Fence
Other - See Remarks

Feature Descriptions

Community Features: Stable(s), Other
Days on Site: 37
Horse Amenities: Barn, Pasture, Other - See Remarks
Lot: Cleared, Level, Open Lot, Pasture, Paved, Rolling Slope, Sloped, Creek/Stream, Views, Wooded, Other - See Remarks
Lot Dimensions: See Exhibit A
Other Structures: Barn(s), Detached Garage, House-As Is, Outbuilding, Other - See Remarks
Parcel#: 9632328602
Sewer: Septic Installed, Septic Needed, Other - See Remarks
Special View Info: Long Range, Mountain(s), Year Round
Utilities: Electricity Connected, Propane, Underground Utilities, Other - See Remarks
Water: Public, Well, Well Needed, Other - See Remarks
Water Features: Other - See Remarks

Local Schools

High School: West
Middle School: Rugby
Elementary School: Glen Marlow

Listed By / Shown By

Listed By

Agency Name: NAI Allen Tate Beverly-Hanks Commercial
Agency Contact: markmorris@naibeverly-hanks.com

Shown By

Agent Name: XIAOYU ANNA XU
Agent Phone: Cell: (704) 579-2892
Agency Title: Lake Norman Realty

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Estimated Payment

$ 35,565.24 per month $33,717.53 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,847.71 Homeowner's Insurance

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