467 Butler Farm Road is 12 acres, surrounded on three sides by over 170 acres of State of North Carolina Horticulture land. It neighbors multiple Class A industrial properties with companies such as Gaia Herbs, Sierra Nevada Brewing, FedEx, and the Broadpointe Industrial Park. Located off of the I-26 Airport Road exit, the property is close to The Asheville Airport, and the busy commercial corridor of Airport Road lined with commercial retailers.
Potential uses include Industrial and Multi-family development, homesite with income potential from existing properties, and a family compound. This is a great property with development potential.
12 acres with 3 houses, barn and workshop. Rolling pasture and amazing views.
2 pins totaling 12 acres
House 1 - 3/BR 2 bath on partially finished basement additional bath
House 2 - 2BR/1 bath on full unfinished basement
House 3 - 3BR/1 bath on full finished basement w/additional BR and bath
Structures are of value, in good condition, needing minor repair.
Under contract-show
$2,400,000
467 Butler Farm Rd, Mills River, NC 28759
--beds
--baths
12Acres
Unimproved Land
Built in ----
12 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 274 days |
- 4 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Bill Roberts bill@greybeardrealty.com,
GreyBeard Realty,
John Allen,
GreyBeard Realty
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4301798
Facts & features
Property
Features
- Fencing: Fenced
Lot
- Size: 12 Acres
- Features: Cleared, Green Area, Hilly, Level, Pasture, Private, Rolling Slope, Views
Details
- Additional structures: Barn(s), Workshop
- Additional parcels included: 1014426
- Parcel number: 1014425
- Zoning: MR-MU
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer, Other - See Remarks
- Water: City, Well, Other - See Remarks
- Utilities for property: Electricity Connected, Fiber Optics
Community & HOA
Location
- Region: Mills River
Financial & listing details
- Tax assessed value: $707,500
- Annual tax amount: $3,049
- Date on market: 9/19/2025
- Cumulative days on market: 181 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Dirt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/20/2025 | Listed for sale | $2,400,000 |
Source:  Canopy MLS as distributed by MLS GRID #4301798 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,049 | $707,500 |
| 2024 | $3,049 | $707,500 |
| 2023 | $3,049 +14% | $707,500 +48.4% |
| 2022 | $2,675 | $476,800 |
| 2021 | -- | $476,800 |
| 2020 | $2,675 | $476,800 |
| 2019 | $2,675 | $476,800 +25.8% |
| 2018 | $2,675 +24.9% | $379,100 |
| 2017 | $2,142 | $379,100 |
| 2016 | -- | $379,100 |
| 2015 | -- | $379,100 +7.8% |
| 2014 | -- | $351,600 |
| 2013 | -- | $351,600 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 28759
Nearby schools
GreatSchools rating
- 7/10Glenn C Marlow ElementaryGrades: K-5Distance: 1.1 mi
- 7/10Rugby MiddleGrades: 6-8Distance: 4.9 mi
- 8/10West Henderson HighGrades: 9-12Distance: 4.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Henderson County
- Mills River
- 28759
- 467 Butler Farm Rd
Nearby cities
Nearby zip codes
Other Mills River Topics
