Discover an extraordinary development opportunity offering unmatched potential for residential subdivision, eventing, or lifestyle mixed-use development. This 22.95 acre "portion of a much larger 40.69 acre site" features gently rolling terrain and combines natural beauty, privacy and development flexibility making the site ideal for large estate plotting, a private family compound or multi-purpose retreat. Subject to seller discretion with regard to the timing of a sale of any part of the larger whole, this property is offered individually as a stand-alone 22.95 acre tract or, collectively as part of the whole 40.69 acres and is well suited for a thoughtfully planned, well segmented mixed-use community! Adjacent properties include Mill Ridge subdivision to the west, a small warehouse structure and Morton Barn on 12.29 acres immediately east, single family homes to the north and lush rolling pastoral lands to the south. Transformation of the adjacent warehouse structure into an event center, 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! Purchase, combine and re-purpose the entirety of land and improvements that make up the whole 40.69 acres to achieve maximum utilization, enhance circulation and development flexibility! With multiple points of public and private access, the western portion of the property is ideally positioned for large estate residential development while eastern portions lay out well for a myriad of adaptive commercial or mixed use. Intuitively, this ~22.95 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 property 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!
Data last updated June 11, 2026, 2:13 p.m.. Properties in listings may have been sold or may no longer be available.
