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.
Address
Open on Google Maps-
Address: 1 Old Mill Lane, Weaverville, North Carolina 28787
-
City: Weaverville
-
State/county: NC
-
Zip/Postal Code: 28787
-
Area: NONE
Details
Updated on August 2, 2026 at 9:02 am-
Property ID 4410367
-
Price $4,000,000
-
Bedrooms 5
-
Bathrooms 6
-
Year Built 1914
-
Property Type Single Family Residence, Residential
-
Property Status Active, For Sale
Additional details
-
Listing Terms Cash, Owner Financing
-
Roof Metal
-
Utilities Cable Connected, Natural Gas, Phone Connected
-
Sewer Public Sewer
-
Cooling None
-
Heating Forced Air, Natural Gas
-
County Buncombe
-
Property Type Residential
-
Parking Parking Lot, Other - See Remarks
-
Elementary School Unspecified
-
Middle School Unspecified
-
High School Unspecified
-
Waterfront Other - See Remarks
Features
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
Contact Information
View ListingsSimilar Listings
725 Hanna Woods Drive, Cramerton, North Carolina 28032
725 Hanna Woods Drive, Cramerton, North Carolina 28032, Cramerton, NC- Beds: 3
- Baths: 3
- Single Family Residence, Residential
408 Rhyne Street, Stanley, North Carolina 28164
408 Rhyne Street, Stanley, North Carolina 28164, Stanley, NC- Beds: 2
- Bath: 1
- Single Family Residence, Residential
6033 Bountiful Street, Belmont, North Carolina 28012
6033 Bountiful Street, Belmont, North Carolina 28012, Belmont, NC- Beds: 3
- Baths: 3
- Single Family Residence, Residential
1259 Dorchester Road, Gastonia, North Carolina 28056
1259 Dorchester Road, Gastonia, North Carolina 28056, Gastonia, NC- Beds: 3
- Baths: 4
- Single Family Residence, Residential
- The Simpson Group Realty