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$3,500,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 3 Full Baths
  • 2 Partial Baths
  • 9,000 Sq. Ft.
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Historic Weaverville Milling Company. Circa 1905 Rare Opportunity.....120+ year old Grist Mill / former 150 seat Restaurant includes 3 bedroom House and Cottage, 5.25 acres, fronts Reems Creek waterway. Located in the County & only 10 min. to Downtown Asheville. Ideal private club, event space, restaurant.... The Mill is over 7,000 sq.ft. + 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, 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. Ideal for private studio, office and or event space. 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. Structures not impacted during Helene.

Full Property Details for 1 Old Mill Ln

General

  • Price: $3,500,000
  • Status: Active
  • Type: Single Family
  • Source: Charlotte_Regional_Realtor_Association
  • MLS ID: 4310533
  • Updated: 12/21/2025
  • Added to Site: 104 day(s) ago

Interior

  • Appliances: Other, None

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Parking

  • Parking Features: Parking Lot, Other - See Remarks

Location

  • County: Buncombe
  • Driving Directions: 26 North from Asheville to exit 21 New Stock Road rt off exit ;left on Asheville HEWY 25 to rt on ReemsmCreek Road to subject property on right behind convenience store approx 1.2 mile off S. Main Street

Community

  • Pets Allowed: Yes
  • Pets: Yes

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air, Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Connected, Natural Gas, Phone Connected

Structural Information

  • Construction: Site Built
  • Exterior Const.: Wood
  • Basement: Yes
  • Basement Desc.: Basement Shop, Partially Finished, Walk-Out Access, Other
  • Roof: Metal
  • Square Feet: 9,000
  • Year Built: 1905

Lot Features

  • Street/Road Desc.: Gravel
  • Lot Features: Creek Front, Cul-De-Sac
  • Rcmdd Zoning: EMP

Financial Considerations

  • Terms: Cash, Owner Financing
  • Tenant Pays: All except water

Disclosures and Reports

  • Restrictions: Other - See Remarks
  • Property ID: 9742-13-7098
  • Lot Number: 1255 / 338

Listed by Estate Realty

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— 1 Old Mill Ln —

  • Estate Realty

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1 Old Mill Ln

School District:Buncombe County Schools
NameGradesDistance
Weaverville Elementary
129 South Main Street, Weaverville, NC 28787
2-40.4 mi
Weaverville Primary
39 South Main Street, Weaverville, NC 28787
PK-10.7 mi
North Windy Ridge
20 Doan Road, Weaverville, NC 28787
5-62.9 mi
North Buncombe Middle
51 North Buncombe School Road, Weaverville, NC 28787
7-82.2 mi
North Buncombe High
890 Clarks Chapel Road, Weaverville, NC 28787
9-123.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1 Old Mill Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/21/2025
Price Increased
$3,500,000
9.38%
MLS
12/09/2025
Price Reduced
$3,200,000
-3.03%
MLS
10/07/2025
Listed
$3,300,000
560%
MLS
2/02/2024
Sold
$500,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1 Old Mill Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,529
15%
$377,800
4%
2023
$2,208
2%
$364,500
—
2022
$2,171
—
$364,500
—
2021
$2,171
9%
$364,500
18%
2020
$1,996
—
$307,600
—
2019
$1,996
—
$307,600
—
2018
$1,996
—
$307,600
—
2017
$2,002
14%
$307,600
25%
2015
$1,755
—
$245,100
—
2014
$1,755
—
$245,100
—
2013
$1,755
—
$245,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1 Old Mill Lane, Weaverville, NC 28787 (MLS# 4310533) is a Single Family property with 3 bedrooms, 3 full bathrooms and 2 partial bathrooms. 1 Old Mill Lane is currently listed for $3,500,000 and was received on October 07, 2025. Want to learn more about 1 Old Mill Lane? Do you have questions about finding other Single Family real estate for sale in Weaverville? You can browse all Weaverville real estate or contact a Coldwell Banker agent to request more information.

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