LKV Realty
Logo
$4,000,000
$7,200Reward *
1 Old Mill Lane, Weaverville, NC 28787Listing ID 4410364

1 Old Mill Lane, Weaverville, NC 28787

Active
Time on site: 10 daysLast updated: Aug 2, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Triplex
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
1
Square Feet
Square Feet
9,000
Days on Site
Days on Site
10
Cooling
Cooling
None
Heating
Heating
Forced Air, Natural Gas
Year Built
Year Built
1914
Stories
Stories
4
Parking
Parking
Parking Lot, Other - See Remarks

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.

Property Information

Property Details

Location

Address
1 Old Mill Lane
County
Buncombe
City
Weaverville
Zip Code
28787
High School
Unspecified
Elementary School
Unspecified

Interior Features

Beds and Baths

Bedrooms
4
Full Bathrooms
1
Half Bathrooms
2

Building

Building Information

Square Feet
9,000
Year Built
1914
Stories
4
Construction
Wood
Foundation
Basement
Roof
Metal

Financial

Special Conditions
None
Estate Realty, (828) 230-3035

Market Report for 28787

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Canopy MLS
Canopy MLS logo

Based on information submitted to the MLS GRID as of 11 Aug 2026, 10:20 AM 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. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

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