Historic Weaverville Milling Company. Circa 1905 Rare Opportunity.....120+ year 3 structures plus old barn: Property fronts bold Reems Creek waterway.. The Mill is over 5,000sq.ft. plus 1,400 sq ft covered patio. The Old Mill building is beautiful with strong local history. Old house (1940s) remodeled w 3 bed /2 bath approx. 1,100 sq ft, rear deck, large unfinished lower level daylight basement. Old Cottage remodeled w 1 bed and 1 bath , kitchenet approx. 600 SQ Ft with 300 sq ft rear deck. . 1,000 ft. bold water frontage. Approx 5.25 acres. Ideal for event space and 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 and sewer. No flood damage to structures during Helene.
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 1905
Stories: 3
Living Area: 7,600 SqFt
Listing Office:
Office Name: Estate Realty
Office Email: mgbryant33@gmail.com
Interior Features
Interior Information:
Appliances: Other, None
Basement: Yes
Bedroom and Bathroom Information:
Partial Bathrooms: 2
Full Bathrooms: 3
Total Bedroom Count: 4
Exterior Features
Parking Information:
Attached Garage: No
Parking: Parking Lot, Other - See Remarks
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Cooling: None
Other
Directions Information:
Directions: I-26 (19/23) North from Asheville approx 6 miles to exit 21 New Stock Rd. Right off exit immediate right on Woodland Hills Drive ( New Stock Rd) to immediately. left Asheville Rd Rt 25 to right on Reems Creek Road and go 1 mile to Rt at convenience store on S. Main Street ext. property directly behind convenience store.
Price Information
Listing Price Info
Price Summary:
List Price: $3,500,000
Price Per SqFt: $461/SqFt
Tax Information:
Annual Amount: $1,996
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Weaverville, NC.
This property is $2.9M more than the Median Sold Price and $181/SqFt more than other homes in Weaverville, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #4104899
Listing Office:
Office Name: Estate Realty
Office Email: mgbryant33@gmail.com
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Weaverville Elementary School
129 S Main St
Distance between this listing and this school0.35 miles
Public District Grades 2-4
2
/10
Woodfin Elementary School
108 Elk Mountain Rd
Distance between this listing and this school3.80 miles
Public District Grades KG-5
6
/10
Ira B Jones Elementary School
544 Kimberly Ave
Distance between this listing and this school3.84 miles
Public Magnet Grades PK-5
Nearby Schools
8
/10
North Buncombe Middle School
51 N Buncombe School Rd
Distance between this listing and this school2.18 miles
Public District Grades 7-8
6
/10
North Windy Ridge Intermediate School
20 Doan Rd
Distance between this listing and this school2.94 miles
Public District Grades 5-6
4
/10
Eblen Intermediate School
59 Lees Creek Rd
Distance between this listing and this school5.50 miles
Public District Grades 5-6
Nearby Schools
6
/10
North Buncombe High School
890 Clarks Chapel Rd
Distance between this listing and this school3.82 miles
Public District Grades 9-12
10
/10
Nesbitt Discovery Academy
175 Bingham Rd Ste 10
Distance between this listing and this school5.48 miles
Public District Grades 9-12
3
/10
Erwin High School
60 Lees Creek Rd
Distance between this listing and this school5.70 miles
The neighbors living near this home have an average income of $46,929. The majority of Weaverville, NC residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
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This home is located at 1 Old Mill Ln in Weaverville, NC and zip code 28787. This 7,600 square foot home was built in 1905. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $3,500,000.
While more than 0 listings in Weaverville, NC in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 7 were sold below. The inventory of homes for sale in Weaverville, NC between October 2024 and November 2024 increased by 5.2%. The median list price of listings available in November 2024 was $505,000, while the average time on the real estate market was 62 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. 
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