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$6,335,000
New Listing

154 High Pasture Trail
Mills River, NC 28759

For Sale|Unimproved Land|Active
0
Beds
0
Total Baths
9,600
SqFt
$660
/SqFt
2022
Built
County:
Henderson

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(828) 781-0033
154 High Pasture Trail154 High Pasture Trail154 High Pasture Trail154 High Pasture Trail
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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 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 would fit well with the surrounding landscape (subject to buyer confirm 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, enhance circulation 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 a myriad of 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!

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Listing Snapshot
Price 
$6,335,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,600 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
41 Acres
Year Built 
2022
MLS® Number 
4374671
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
14 hours agoListing first seen on site
14 hours agoListing updated with changes from the MLS®
General Features
Additional Property Use 
CommercialDevelopmentFarmHorsesIndustrialResidentialSubdevelopment
Building Features 
Delivery DoorLoading Dock
Foundation 
Slab
Garage 
Yes
Parking 
Circular DrivewayRV Access/Parking
Property Sub Type 
Unimproved Land
Security 
Security System
Sewer 
Septic Tank
SqFt Total 
9600
Utilities 
Cable AvailableCable ConnectedElectricity ConnectedPhone ConnectedPropaneUnderground Utilities
Water Source 
PublicWell
Zoning 
MR-MU
Interior Features
Cooling 
Central AirDuctlessElectric
Heating 
DuctlessElectricForced AirPropaneRadiant Floor
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Exterior Features
Fencing 
FencedFull
Lot Features 
ClearedLevelPasturePavedPrivateSlopedViews
Other Structures 
Barn(s)
Road Frontage 
Private RoadState Road
Roof 
Metal
View 
Mountain(s)
Waterview 
Mountain(s)
Community Features
Roads 
GravelPaved
Listing courtesy of NAI Allen Tate Beverly-Hanks Commercial markmorris@naibeverly-hanks.com


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Last checked - 2026-04-30 10:50 AM UTC

Neighborhood & Commute
Source: Walkscore
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