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Multi family home for sale at 86 Sterling Dr, Mills River, NC 28759 | MLS# 4401829 | Listing updated on 2026-09-30
Photo 1 of Multi family home for sale at 86 Sterling Dr, Mills River, NC 28759 | MLS# 4401829 | Listing updated on 2026-09-30
Photo 2 of Multi family home for sale at 86 Sterling Dr, Mills River, NC 28759 | MLS# 4401829 | Listing updated on 2026-09-30
Photo 3 of Multi family home for sale at 86 Sterling Dr, Mills River, NC 28759 | MLS# 4401829 | Listing updated on 2026-09-30
Photo 4 of Multi family home for sale at 86 Sterling Dr, Mills River, NC 28759 | MLS# 4401829 | Listing updated on 2026-09-30
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$289,000

Monthly Est:$1,438

  • Beds Icon7 Beds
  • Beds Icon
    3 Baths
  • Beds Icon1,094sqft

86 Sterling Dr, Mills River, NC 28759

$1,438/moEst:

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  • Multi Family

  • Built in 1965

  • $-- HOA

  • 1.15 acres lot

  • $264/sq.ft

Description

BACK ON THE MARKET — $20,000 PRICE REDUCTION!

Great news for buyers! The previous buyers changed their minds about the location, giving you another opportunity to purchase this rare, one-of-a-kind Mills River property. During their due diligence, both buyers and sellers gained valuable additional information about the property and its potential.

NEW INFORMATION: Inspections confirmed two septic systems—one serving the main house and one serving the mobile homes. The existing concrete septic tanks are old and need to be replaced. Estimates for approximately $15,000 in replacement work are available. The new Trailer systems would be for a total of 4 bedrooms. The water well is working, although the supply line is currently broken. A video of the well is available. A home inspection report is also available, providing additional information about the condition of the main house, which is generally consistent with what can be seen during a visit.

To help address the needed updates, the property is now offered with a $20,000 price reduction, making this an excellent opportunity for a buyer ready to renovate and bring their vision to life.

86 Sterling Drive offers an exceptional combination of location, usable land, multiple homesites, and potential. Whether you're looking for a primary residence, mountain retreat, family compound, or investment property, opportunities like this are increasingly difficult to find.

The property features a single-level ranch home with 3 bedrooms, 1 full bath, and a covered front porch. The level lot overlooks neighboring pastures and offers potential for beautiful mountain views.

Two additional homesites with older mobile homes add even more possibilities. Each has its own address, power service, while the mobile home sites share the water well and their own shared septic. Preliminary discussions with the Town of Mills River and Henderson County indicate that replacing the mobile homes with similar structures, such as off-site-on-frame tiny homes or log cabin cottages, may be possible, subject to buyer verification and all applicable approvals.

The possibilities are exciting—create a multi-generational family compound, long-term rental portfolio, private retreat, or other investment opportunity.

The location is outstanding, with convenient access to Asheville, Hendersonville, Brevard, Asheville Regional Airport, shopping, dining, breweries, and endless outdoor recreation, while still enjoying the peaceful setting of rural Mills River.

This is an estate sale and the property is being sold As-Is. Buyers are encouraged to review the available inspection information and estimates and perform their own due diligence regarding all aspects of the property.

Back on the market, $20,000 reduced, and now better understood. Bring your vision and take advantage of this rare opportunity in one of Mills River's most desirable locations!

  • Houzeo last checked: 12 hours ago
  • Listing updated: September 30, 2026 at 8:21 pm
  • Listing Provided by: Tarry Crockett (828) 231-6966 | Home And Land For Sale (828) 231-6966
  • Source: Canopy MLS | MLS#: 4401829 Canopy MLS

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86 Sterling Dr
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    1

  • County

    Henderson County

  • City

    Mills River

  • Neighborhood

    --

  • Year Built

    1965

  • HOA Fees

    -

  • Finished Area

    1,094 sqft

  • Lot Size

    1.15 acres lot

  • Basement Area

    - sqft

  • MLS Name

    Canopy MLS

  • MLS Number

    4401829

  • MLS Status

    Active

  • Days on Market

    79

  • Cumulative Days on Market

    55

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 7

    Bathrooms: 3

Interior

  • Heating

    None

  • Sewer

    Septic Installed

  • Cooling

    Window Unit(s)

  • Appliances

    None

Construction

  • Year Built

    Year Built: 1965

  • Home type

    Multi Family

  • Construction Materials

    Brick Partial, Other See Remarks

  • Foundation Details

    Other See Remarks

Utilities & Energy

  • Utilities

    Cable Available

  • Laundry Features

    In Unit

  • Parking Features

    Driveway

  • Water Source

    Shared Well

Other Features

  • Lot Features

    Cleared, Level, Views

  • Patio And Porch Features

    Covered

Price History

DateEventPrice

09/21/2026

Source: mls_logoCanopy MLS #CAR4401829

Price Increased

$294,000 +1.73%

$269/sqft

09/01/2026

Source: mls_logoCanopy MLS #CAR4401827

Price Decreased

$289,000 -3.34%

$264/sqft

09/01/2026

Source: #CAR4401827

Price Decreased

$299,000 -6.27%

$273/sqft

08/06/2026

Source: mls_logoCanopy MLS #CAR4401829

Contingent (Active Under Contract)

$319,000

$292/sqft

08/06/2026

Source: mls_logoCanopy MLS #CAR4401827

Listed for Sale

$319,000 -1.54%

$292/sqft

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Based on information submitted to the MLS GRID from Canopy MLS through Oct 02, 2026, 09:00AM. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties which the consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. ©2026 Canopy MLS. All Rights Reserved.

Advertising Broker: Nicholas Huscroft | Chosen Realty