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$4,990,000
4397616 MLS
Discover one of Western North Carolina's most extraordinary legacy properties. Spanning approximately 269 acres in the scenic mountains of Madison County, NC, this rare estate encompasses five existing residences, and offers an unrivaled combination of privacy, versatility, and long-term investment potential. Whether your vision is a private mountain retreat, equestrian estate, legacy family compound, boutique hospitality venture, corporate retreat, conservation property, or a thoughtfully planned development, this remarkable property offers the scale, valuable existing infrastructure, and natural beauty to bring it to life. Enjoy breathtaking long-range mountain views, rolling pastureland, wooded hiking and ATV trails, abundant wildlife, unmatched privacy, and countless potential home sites throughout the estate. The existing residences provide immediate flexibility for extended family, caretakers, guest accommodations, or rental income while preserving incredible opportunities for future growth. Conveniently located just outside the charming town of Mars Hill, with easy access to Asheville, Hatley Pointe, Wolf Laurel, skiing, hiking, and year-round outdoor recreation, this is a once-in-a-generation chance to own one of Western North Carolina's most significant large-acreage mountain estates. The property includes four move-in ready log homes plus an additional ranch-style residence, providing exceptional flexibility for multi-generational living, guest accommodations, staff housing, or income-producing rentals. Additional improvements include a large workshop/garage with an apartment, a picturesque pond, and a massive greenhouse, each ready to be restored. Over a mile of paved roads dissect the acreage with gated access on both the eastern and western boundaries. Underground utilities throughout the property provide a rare foundation for future expansion. Beyond the improvements, multiple rolling pastures give way to hundreds of acres of mature hardwood forest, where an extensive network of trails winds through peaceful valleys and along scenic ridgelines. Please NO DRIVE BYS and do not disturb the tenants.

961 Wilson Branch Road, Mars Hill

$550,000
4374114 MLS
Located in the heart of downtown Mars Hill, 70 N Main Street offers a rare opportunity to acquire both a historic building and the established Mars Theatre Brewing Company. Originally a 1940s theater, the space has been transformed into a unique brewery, restaurant, and live entertainment venue while preserving its vintage character, including balcony seating and stage presence. The business operates as a community hub with consistent traffic from locals, university presence, and visitors to the area just minutes from Asheville. Multiple revenue streams include craft beer production, food service, and events. The property delivers a turnkey or scalable investment with strong identity and repeat clientele. Business and building are offered together at the listed price. Showings by appointment only, contact listing agent for details. Owner financing available.

70 N Main Street, Mars Hill

$249,000
4351387 MLS
Discover unparalleled investment potential in thriving Hot Springs, NC! This newly renovated commercial property offers a turnkey blank canvas for entrepreneurs. Strategically positioned on the bustling corridor between Asheville and Knoxville, the location captures heavy foot traffic from Appalachian Trail hikers and tourists drawn to the area’s world-famous mineral baths. Zoned for maximum versatility, the open floor plan is ideal for a flagship retail boutique, a trendy brewery or cafe, or professional office space. This property allows you to capitalize on the region’s booming tourism market through high-demand commercial or hospitality ventures. Having fully rebounded from recent weather events, Hot Springs is a resilient, dynamic community with steady year-round demand. This 100% renovated asset allows you to bypass construction delays and start operating or leasing immediately. Whether you envision a boutique storefront, a local dining hotspot, or a premier executive suite, this property represents a premium commercial asset in the heart of the Blue Ridge Mountains. Secure your place in a community reborn and join a thriving market with excellent visibility and exposure.

24 Andrews S Avenue Unit #3, Hot Springs

$1,532,000
4 Baths ⋅ 4338320 MLS
Beautiful historic building at the intersection of Main Street and Carl Eller Road adjacent to Mars Hill University Campus. Formerly a popular local restaurant, this strategically location is now ready for a new addition to the mix of thriving small businesses in downtown Mars Hill. Appropriate uses would be fine dining, wine bar/gourmet deli, pub/restaurant/music hall, or similar. Commercial level has soaring ceilings with pristine original tin tiles, original hardwood floors, custom built bar, exhaust hood, commercial sink - other restaurant equipment and furnishings on site are for sale separately. Property also listed for lease, see mls #4331936. Upper level residential has similar architectural features, currently partially leased & partially owner occupied, Short Term Rentals allowed. Possible Owner financing with sufficient down payment.

37 S Main S Street, Mars Hill

$500,000
4203989 MLS
Prime 18+ acre commercial opportunity located on US Hwy 23 in the highly desirable Wolf Laurel area of Mars Hill, NC less than one mile from I-26 Exit 3. Positioned at the last North Carolina exit before Tennessee, this high-visibility property captures consistent year-round traffic from tourists, outdoor enthusiasts, and locals alike. Surrounded by popular mountain attractions including skiing, hiking trails, cabins, and scenic retreats, the location offers exceptional accessibility to Mars Hill, Weaverville, Asheville, and Johnson City, TN. The property features multiple cleared and leveled build-ready areas, making it ideal for a variety of development opportunities including retail, restaurant, boutique hotel, Airbnb community, campground, or mixed-use investment. Strong short-term rental demand and excellent highway exposure add to the property's outstanding potential. Additional improvements include spring water on site, as well as existing well and septic. Easy access, strong visibility, and growing tourism in the area make this a rare investment opportunity in Western North Carolina. Whether you're an investor, developer, or entrepreneur, this property is ready for your vision.

99999 Us 23 Highway, Mars Hill

$1,493,262
4170619 MLS
Brand new construction, fully leased six-unit apartment complex in Mars Hill. Each of the 878 SF units features a modern 2 bed, 2 bath layout and private parking for Tenants. Perfectly positioned in a rapidly growing area near Mars Hill University and just minutes from I-26, this property offers unbeatable convenience for tenants and a golden opportunity for investors. With high demand, limited rental supply, and an estimated 7% cap rate, this property promises substantial returns and smart savings, thanks to low holding costs from its septic system, well water, and county location. It's not just a property—it's your gateway to investment success. Assisted showings only, no drive-bys. For more details, check out our brochure in the attachments. Listed as Multi-Family Sale, MLS# 4168133

7815 Nc Hwy 213 Highway, Mars Hill

$2,490,200
10 Baths ⋅ 4149272 MLS
Located in the mountain and river town of Hot Springs. Historic arts and crafts mountain lodge and venue on 7+ acres adjoining the Appalachian Trail and National Forest. Renovated and Spacious open living and gathering rooms, dining and commercial kitchen. 9 BR, 8 BA well appointed suites, 2 HB. in main lodge. Also includes a separate hostel building with 8 private and semi private rooms and 2 dormitory bunk rooms. 3 BA, 1 HB. In addition there is a beautiful multi-purpose use building. Great venue for weddings, events, retreats and workshops. Panoramic mountain views. Well kept grounds with lots of open land to accommodate gatherings. Room to expand if needed. Easy direct access, yet private and tucked away, right next to downtown. Amazing property and destination!

289 Nw Hwy 2570 Highway, Hot Springs

$425,000
2 Baths ⋅ 4084546 MLS
A unique commercial property, offering possibilities for your business ventures. Perfect for a wide range of businesses, from breweries to restaurants, and its location ensures visibility from the road. Key Features: Roll-Up Garage Doors: one 10-foot and one 12-foot roll-up garage door, with framing in place for an additional 10-foot door. With a generous 2.69-acre lot, this property offers outdoor space, envisioning a welcoming outdoor seating area, a spacious garden, or a potential expansion of your business. The zoning permits a wide array of businesses, suitable for a brewery, landscape company, retail shop, or restaurant. The listing includes two buildings 160 and 180 spread across two parcels. This is advantageous if you wish to divide your business operations or lease out a portion of the property. There is current tenant that will vacate upon sale. Underground oil tank on property. Two Pins; 9747-83-8980 /9747-84-7026. Property has Water and Sewer (4-inch line)

160-180 Carl Eller Road, Mars Hill

$700,000
4011176 MLS
High visibility and rare prime Madison County commercial acreage zoned C2 Highway Business with many permitted uses. Quick on/off access to I-26 @ Exit 11 for easy access to Asheville, Marshall, Weaverville & E. TN. Approx 650' frontage on Roy Edwards. Excellent opportunity to create a business right next to Builder's Express hardware store, Ingles, Madison County Welcome Center, Mars Hill University and the growing business district of downtown Mars Hill which has a thriving downtown area that includes a coffee shop, brewery, bakery & multiple resturants/galleries. Has town water and potential for sewer which the tap will need to be applied for at Town of Mars Hill. New survey as of June 2021. Red GIS line in pic is an approximation.

44 Roy Edwards Lane, Mars Hill

$1,425,000
3935411 MLS
This unique property has a wide variety of potential uses as it includes two high end structures built by Deltec and a total of 5.11ac with plenty of room for additional development. The majority of this parcel is flat and sits adjacent to I-26 so advertising visibility is substantial. The two structures on the property are utilized as the Deltec Homes sales center and are an incredible example of the company's dedication to the highest quality modern design and green building practices. Building one is 4,720sf and building two is 1,500sf and a net zero energy structure. With the combination of buildable land and the existing structures, this property could be utilized as an office/corporate headquarters, private or commercial retreat center, rental community, private estate, or any number of development options. Only 5 minute's drive to the town of Mars Hill and Mars Hill University, and 20 minutes to Downtown Asheville.

275 Manor Road, Mars Hill

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