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1 Old Mill Lane

Weaverville, NC 28787
  • $4,000,000
  • STATUS: Active
  • ON SITE: 13 Days
  • ID#: 4410367
UPDATED: 26 min ago
$4,000,000
  • 5
    BEDS
  • 5.25
    ACRES
  • 4
    BATHS
  • 2
    1/2 BATHS
  • 9,675
    SQFT
  • $413
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1914
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Canopy MLS logo Offered by Estate Realty: 828-230-3035. Copyright 2026 Canopy MLS. All rights reserved.

Description

Possible Seller Financing . Historic Weaverville Milling Company. Circa 1914 ... Rare Opportunity.....150+ year old Grist Mill / former 150 seat Restaurant includes house and cottage, on 5.25 acres, with a private oasis along 1,000 ft. of bold Reems Creek waterway. Property is ocated in the County for lower taxes & only 10 min. to Downtown Asheville. Ideal for Private Club, Event Space or Restaurant.... The Mill is over 7,000 sq.ft. + 1,400 sq ft covered patio. The Old Mill building has strong local history. Old house (1940s) remodeled w 3 bed /2 bath , and rear deck, large unfinished lower level daylight basement. Old Cottage remodeled w 1 bed and 1 bath , kitchenette approx. 600 SQ Ft with 300 sq ft rear deck. Zoning allows short term rental and mixed use commercial. 1 Old Mill lane lot zoned EMP, 9 Old Mill lane zoned R-3. Not in Weaverville City limits. Property has City Water, Sewer & Natural Gas. Property has flood plain but structures stand up high on land and not impacted during Hurricane Helene. Property has multiple potential uses. Very rare private peaceful sanctuary along the bold waterway. Some photos enhanced with AI to show update potential and residential potential.

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MLS Grid logo Based on information submitted to the MLS GRID as of 2026-08-15T11:34:21.317 UTC. All data is obtained from various sources and may not have been verified by 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Carlyle Properties nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Canopy MLS.

“Listings courtesy of Canopy MLS as distributed by MLS GRID

Some IDX listings have been excluded from this website.

Digital Millennium Copyright Act
www.carlyleproperties.com/homes/179605750
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1 Old Mill Lane Weaverville, NC 28787

  • Price: $4,000,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 26 min ago
  • ID#: 4410367
5
Beds
4
Baths
2
½ Baths
5.25
Acres
9,675
SQFT
$413
$/SQFT
1914
Built
Neighborhood:
None
County:
Buncombe
Area:
Weaverville
Elementary School:
Unspecified
Middle School:
Unspecified
High School:
Unspecified
Property Description
Possible Seller Financing . Historic Weaverville Milling Company. Circa 1914 ... Rare Opportunity.....150+ year old Grist Mill / former 150 seat Restaurant includes house and cottage, on 5.25 acres, with a private oasis along 1,000 ft. of bold Reems Creek waterway. Property is ocated in the County for lower taxes & only 10 min. to Downtown Asheville. Ideal for Private Club, Event Space or Restaurant.... The Mill is over 7,000 sq.ft. + 1,400 sq ft covered patio. The Old Mill building has strong local history. Old house (1940s) remodeled w 3 bed /2 bath , and rear deck, large unfinished lower level daylight basement. Old Cottage remodeled w 1 bed and 1 bath , kitchenette approx. 600 SQ Ft with 300 sq ft rear deck. Zoning allows short term rental and mixed use commercial. 1 Old Mill lane lot zoned EMP, 9 Old Mill lane zoned R-3. Not in Weaverville City limits. Property has City Water, Sewer & Natural Gas. Property has flood plain but structures stand up high on land and not impacted during Hurricane Helene. Property has multiple potential uses. Very rare private peaceful sanctuary along the bold waterway. Some photos enhanced with AI to show update potential and residential potential.
Exterior Features

Carport YN No Construction Materials Wood Construction Type Site Built Entry Level 1 Foundation Details Basement Garage YN No Levels One Lot Features Creek FrontCul-De-Sac Main Level Garage YN No Out Buildings YN Other - See Remarks Parking Features Parking LotOther - See Remarks Patio And Porch Features CoveredFront Porch Road Responsibility Other - See Remarks Road Surface Type Gravel Roof Metal Waterfront Features Other - See Remarks

Interior Features

Above Grade Finished Area 9675 Additional Parcels Description 9742-22-1726 R-3 Appliances Other Basement Basement ShopPartially FinishedWalk-Out AccessOther Basement YN Yes Below Grade Finished Area 0 Cooling None Fireplace Features Outside Fireplace YN Yes Heating Forced AirNatural Gas Laundry Features Electric Dryer HookupMain Level Lower Square Feet 0 Main Square Feet 6800 Rooms (Primary Bedroom) Main (Bathroom-Full) Main (Bedroom(s)) Main (Bedroom(s)) Main (Bathroom-Full) Main (Bathroom-Full) Main (Bathroom-Half) Main (Bathroom-Half) Main (Kitchen) Main (Living Room) Third (Bathroom-Full) Sq Ft Unheated Basement 2400 Sq Ft Unheated Lower 0 Sq Ft Unheated Main 0 Sq Ft Unheated Total 2400 Sq Ft Upper 2200 Third Square Feet 675

Property Features

Additional Parcels YN True Association YN No Assumable YN No Auction YN No CCRSubject To No City Taxes Paid To Weaverville Hoa Subject To None Listing Terms CashOwner Financing New Construction YN No Pets Allowed No Property Sub Type Single Family Residence Restrictions Other - See Remarks Restrictions Description Subject to Zoning EMP on 1 Old Mill Lane (Mill site) and R-3 on 9 Old Mill (House and cottage site) e 4.7 acres no specific restrictions. Senior Community YN No Sewer Public Sewer Special Listing Conditions None Utilities Cable ConnectedNatural GasPhone Connected Water Source Public Zoning EMP



MLS Grid logo Based on information submitted to the MLS GRID as of 2026-08-15T11:34:21.317 UTC. All data is obtained from various sources and may not have been verified by 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Carlyle Properties nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Canopy MLS.

“Listings courtesy of Canopy MLS as distributed by MLS GRID

Some IDX listings have been excluded from this website.

Digital Millennium Copyright Act
 
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19520 W Catawba Ave Suite 113
Cornelius NC, 28031
Canopy MLS logo Offered by Estate Realty: 828-230-3035. Copyright 2026 Canopy MLS. All rights reserved.