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32447926
32447928

2 Locations

MM
NC NC 46982
NAI Beverly-Hanks
Listed by NAI Beverly-Hanks
$6,335,000
30 days on market
Updated 30 days ago

285 Mt. Gilead Church Road & 154 High Pasture Trail

Details
Property Type Mixed Use, Land
Tenancy Vacant
Price per SqFt $156
Acreage 40.690

Mixed Use

Marketing 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 a 1,595 SF single-family residence with a detached 1,555 SF oversized garage, used as an auxiliary living unit.

Whether envisioned as a private compound, an income-generating development, or a legacy property, all structures provide immediate utility and contribute significantly to the estate's overall value. 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, the western portions of the property are well-positioned for large-estate residential development, while the eastern portions are well-suited 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!

Investment highlights

  • ~41-acre mixed-use estate with potential for residential, commercial, or lifestyle development
  • Existing improvements include a 9,600 SF R&D warehouse, 2,160 SF Morton barn, 1,595 SF residence, and 1,555 SF detached garage/auxiliary living unit
  • Fully fenced property with lush pastureland, scenic mountain views, and multiple hilltop sites
  • Multiple public and private access points, with western approx. 23 acres bordering Mill Ridge subdivision
  • Minutes from Asheville Regional Airport, blocks from Publix, and 1/4 mile from Mills River retail and employment centers

Listing Contacts

MM
NC NC 46982
NAI Beverly-Hanks
Listed by NAI Beverly-Hanks

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Additional Information

Name
Mark Morris
License
NC 46982
Brokerage
NAI Beverly Hanks
Title
Real Estate Broker CCIM
Brokerage Address
300 Executive Park
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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