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Active

361 Mills River Way

Horse Shoe, NC 28742

Active Listed 2 Days Listing ID CAR 315047197

$1,695,000
Est. $10,886/mo20% down · 7.125% · 30-yrAdjust
  • P&I$9,136
  • Taxes$1,059
  • Insurance$565
  • HOA$126

Principal, interest, property tax, insurance & HOA. Estimate only — not a loan offer.

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$285/Sq Ft

4 bd · 4 ba · 5,937 sqft · $285/sqft

4 Beds
4 Baths
5,937 Sq Ft
$285/Sq Ft
2006 Built
2.40 acres Single Family Residence Homestead At Mills River Listed Sep 13, 2026 Updated Sep 15, 2026 HOA $1,514/yr

Open House

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HOA & Association

Dues$1,514/yrMonthly≈ $126/mo

About This Home

Set on 2.4 private acres bordered by a tranquil creek, this French Country home in The Homestead at Mills River offers a rare blend of countryside privacy and convenience, located under 5 minutes to local retail and between Asheville and Hendersonville. Nestled in a gated community surrounded by mountain scenery, the residence features 18-foot pavilion ceilings, dual custom masonry fireplaces, custom millwork, abundant natural light, a bonus room, and a finished terrace level ideal for multi-generational living.

Built with certified D-II Luxury Custom construction, the home features high-spec mechanical infrastructure: 3 updated heat pumps (2022–2025), a whole-house generator, a water filtration system, and a 2025 roof. Outdoors, enjoy manicured landscaping and a partially fenced lawn. Exclusive access to the offsite River Reserve—a 10+ acre riverfront park and clubhouse along the Mills River for gatherings, camping, barbecues, and fishing.

Offering over 5,900 finished square feet of exceptional craftsmanship, this estate delivers an unbeatable value proposition for its size, quality, and location.

Property history

  1. Sep 13, 2026
    Listed for sale $1,695,000 Active
    Listed 2 Days
  2. Apr 7, 2020
    Sold $725,000 Closed
    Listed $749,000 · Mar 6, 2019 398 days on market
    Previously sold for $725,000
  3. Jul 18, 2019
    Price reduced $749,000 Closed
    Was $795,000
Show 3 more Show less
  1. Mar 6, 2019
    Previously listed $749,000 Closed
  2. Aug 27, 2013
    Sold $660,000 Closed
    Listed $689,000 · Aug 20, 2012 372 days on market
    Previously sold for $660,000
  3. Aug 20, 2012
    Previously listed $689,000 Closed

Property Details

Interior Details

Heating
  • Heat Pump
Flooring
  • Carpet
  • Tile
  • Vinyl
  • Wood
Room Count
10
Other Sq Ft
526
Half Bathrooms
1
Unheated Sq Ft
580
Total Bathrooms
5
Laundry Features
  • Laundry Room
  • Main Level
Main Level Sq Ft
2389
Basement Bedrooms
1
Interior Features
  • Kitchen Island
Main Level Garage
Yes
Security Features
  • Radon Mitigation System
Upper Level Sq Ft
1451
Fireplace Features
  • Den
  • Gas
  • Gas Vented
  • Great Room
Basement Full Baths
1
Main Level Bedrooms
1
Unheated Main Sq Ft
254
Upper Level Bedrooms
2
Main Level Full Baths
1
Main Level Half Baths
1
Upper Level Full Baths
2
Unheated Basement Sq Ft
326

Dwelling And Structure

Construction Type
Site Built
Architectural Style
  • French Provincial

Square Footage And Levels

Levels
  • One and One Half
Above Grade Finished Area
3840
Below Grade Finished Area
2097

Parking And Garage

Parking Features
  • Attached Garage
  • Garage Faces Front

Exterior Features

Roof
  • Architectural Shingle
Exterior Features
  • Fire Pit
Construction Materials
  • Fiber Cement
  • Stone Veneer
Patio And Porch Features
  • Covered
  • Deck

Lot And Land

Fencing
  • Back Yard
  • Partial
Lot Features
  • Sloped
  • Creek/Stream
  • Wooded
Lot Size Acres
2.4
Lot Size Units
Acres

Basement And Foundation

Basement
  • Daylight
  • Full
  • Walk-Out Access
  • Walk-Up Access
Foundation Details
  • Crawl Space

Utilities

Sewer
  • Septic Installed
Utilities
  • Electricity Connected
  • Fiber Optics
  • Natural Gas
Water Source
  • Well

Financial Information

Hoa Dues
Mandatory
City Taxes Paid To
No City Taxes Paid

Zoning And Restrictions

Zoning
R3
Restrictions
  • Architectural Review
  • Signage
Subject To Ccrs
Yes

Listed by Leslie Brazil (828-777-9329) · Howard Hanna Beverly-Hanks Asheville-Biltmore Park (828-684-8999)

Location

Address
361 Mills River Way
City
Horse Shoe, NC 28742
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Schools

Elementary
Mills River
Middle
Rugby
High
West Henderson

School assignments may change. Contact the school district to confirm.

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361 Mills River Way, Horse Shoe, NC, 28742

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