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$3,850,000 -$650,000 (-14.44%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 10,000 Sq. Ft.
  • Updated 21 hours ago
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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 1 bedroom Cottage, on 5.25 acres, fronts 1,000 ft. on Reems Creek waterway. Located in the County & only 10 min. to Downtown Asheville. Ideal for Private Club, Event Space, Custom Home w needed updates or 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. 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. Property has incredible private sanctuary along the waterway. Some photos enhanced with AI.

Full Property Details for 91 Old Mill Ln

General

  • Price: $3,850,000
  • Status: Active
  • Type: Commercial
  • Source: Charlotte_Regional_Realtor_Association
  • MLS ID: 4302920
  • Updated: 2/18/2026
  • Added to Site: 157 day(s) ago

Interior

  • Appliances: Other

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

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

  • # Buildings: 3
  • Construction: Site Built
  • Exterior Const.: Wood
  • Basement: Yes
  • Basement Desc.: Basement Shop, Partially Finished, Walk-Out Access, Other
  • Roof: Metal
  • Square Feet: 10,000
  • Minimum Avail: 10,000 Sq. Ft.
  • 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

Disclosures and Reports

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

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— 91 Old Mill Ln —

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NMLS#: 1598647

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Schools serving 91 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-10.8 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 91 Old Mill Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/18/2026
Price Reduced
$3,850,000
-14.44%
MLS
11/04/2025
Price Reduced
$4,500,000
-10%
MLS
9/15/2025
Listed
$5,000,000
900%
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 91 Old Mill Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,824
21%
$272,500
9%
2023
$1,508
2%
$248,900
—
2022
$1,483
—
$248,900
—
2021
$1,483
11%
$248,900
21%
2020
$1,338
—
$206,200
—
2019
$1,338
—
$206,200
—
2018
$1,338
—
$206,200
—
2017
$1,342
14%
$206,200
26%
2015
$1,173
—
$163,800
—
2014
$1,173
—
$163,800
—
2013
$1,173
—
$163,800
—
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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9/1 Old Mill Lane, Weaverville, NC 28787 (MLS# 4302920) is a Commercial property. 9/1 Old Mill Lane is currently listed for $3,850,000 and was received on September 15, 2025. Want to learn more about 9/1 Old Mill Lane? Do you have questions about finding other Commercial 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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