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154 High Pasture Trail, Mills River, NC 28759

$6,335,000
  • 154 High Pasture Trail, Mills River, NC 28759 Main Photo

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Active
MLS#4374671
STATUSActive PROPERTY TYPECommercial - Industrial

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 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!

154 High Pasture Trail | MLS# 4374671

This commercial property located at 154 High Pasture Trail, Mills River, NC 28759 is currently listed for sale with an asking price of $6,335,000. Search Mills River real estate on www.lakenormanrealty.com today.

Property Features

Property Type: Commercial - Industrial
Fenced: Yes
Heating: Ductless, Electric, Forced Air, Propane, Radiant Floor
Lot Size: 41.00 Acres
Roof Type: Metal
Year Built: 2022

Feature Descriptions

Building Features: Delivery Door, Loading Dock
Days on Site: 38
Exterior: Aluminum, Metal, Other - See Remarks
Flood Plain: No
Flooring: Other - See Remarks
Foundation: Slab
Lot: Cleared, Level, Pasture, Paved, Private, Sloped, Creek/Stream, Views, Other - See Remarks
Other Equipment: Generator, Other - See Remarks
Other Structures: Barn(s), Other - See Remarks
Parcel#: 9632523764
Parking: Circular Driveway, Detached Garage, Parking Space(s), RV Access/Parking, Other - See Remarks
Security: yes
Security: Security System
Sewer: Septic Installed, Other - See Remarks
Special View Info: Long Range, Mountain(s), Year Round
Utilities: Cable Connected, Electricity Connected, Phone Connected, Propane, Underground Utilities, Other - See Remarks
Water: City, Well, Other - See Remarks

Listed By / Shown By

Listed By

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

Shown By

Agency Title: Lake Norman Realty
Agency Phone: 704-450-1175

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