Listing provided courtesy of Estate RealtyMLS# 4302920MLS ProviderContact Information: [email protected]
  • 287 days on site
  • 3 views

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.

Source: Canopy MLS, MLS#: 4302920

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  • Property Type
    Commercial Sale

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  • Median Age
    47
  • Population Density
    265
  • College Educated
    51%
  • Estimated Median Income
    $59,446
  • Estimated Total Home Owners
    6,518
  • Estimated Total Renters
    1,930
  • Owner / Renter Divide
    77% / 23%
  • Estimated Average Household Size
    2
  • Total Population
    21,083
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 9/1 Old Mill Lane


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/26/2026Source: Canopy MLS Price Increase
$4,000,000 5.3%
2/23/2026Source: Canopy MLS Price Reduction
$3,800,000 -1.3%
2/18/2026Source: Canopy MLS Price Increase
$3,850,000 10.0%
2/18/2026Source: Canopy MLS Price Reduction
$3,500,000 -22.2%
11/4/2025Source: Canopy MLS Price Reduction
$4,500,000 -10.0%
9/15/2025Source: Canopy MLS Added to Database
September 15, 2025