154 High Pasture Trail

154 High Pasture Trail, Mills River, NC 28759

Property Information

  • For Sale $6,335,000
  • Property Type VacantLand
  • Property Size 9,600 SF
  • Lot Size 41 Acre
  • Year Built 2022
  • Date Updated May 11, 2026

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!

Contacts

Mark Morris, CCIM

NAI Beverly-Hanks

Location

Contact Listing Broker
Mark Morris, CCIM

NAI Beverly-Hanks

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