Skip to main content
Active

361 Mills River Way

Horse Shoe, NC 28742

Active Listed 49 Days Price cut to $1,599,000 Oct 20, 2026 Listing ID CAR 315047197

$1,599,000
Est. $10,276/mo20% down · 7.125% · 30-yrAdjust
  • P&I$8,618
  • Taxes$999
  • Insurance$533
  • HOA$126

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

Get pre-approvedOpen full calculator

$269/Sq Ft

4 bd · 4 ba · 5,937 sqft · $269/sqft

4 Beds
4 Baths
5,937 Sq Ft
$269/Sq Ft
2006 Built
2.40 acres Single Family Residence Homestead At Mills River Listed Sep 13, 2026 Updated Nov 1, 2026 HOA $1,514/yr

HOA & Association

Dues$1,514/yrMonthly≈ $126/mo

About This Home

Set on 2.4 private acres, this French Country home in gated The Homestead at Mills River offers 5,937 sq ft of certified D-II custom construction under 5 minutes to retail and healthcare, between Asheville and Hendersonville. Built for seamless multi-generational living, the 2,097 sq ft finished terrace level serves as an independent second living suite—complete with private access, and full bath.

The main level features 18-ft pavilion ceilings, dual masonry fireplaces, abundant light, and a bonus room. High-spec mechanicals deliver total peace of mind: 2025 roof, whole-house generator, 2026 water filtration, and 3 updated heat pumps (2022–2025). Outdoors, enjoy manicured grounds, a partially fenced lawn, plus exclusive access to the 10+ acre River Reserve park and clubhouse on the Mills River for fishing and gatherings.

Exceptional quality, space, and value.

Property history

  1. Oct 20, 2026
    Price reduced $1,599,000 Active
    Was $1,695,000
  2. Sep 13, 2026
    Listed for sale $1,695,000 Active
    Listed 49 Days
  3. Apr 7, 2020
    Sold $725,000 Closed
    Listed $749,000 · Mar 6, 2019 398 days on market
    Previously sold for $725,000
Show 4 more Show less
  1. Jul 18, 2019
    Price reduced $749,000 Closed
    Was $795,000
  2. Mar 6, 2019
    Previously listed $749,000 Closed
  3. Aug 27, 2013
    Sold $660,000 Closed
    Listed $689,000 · Aug 20, 2012 372 days on market
    Previously sold for $660,000
  4. 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
Get directions: Apple MapsGoogle Maps
Explore the area →

Schools

Elementary
Mills River
Middle
Rugby
High
West Henderson

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

Canopy MLS

Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.

IDX information is provided exclusively for consumers’ personal, non-commercial use only; it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS GRID. Use of this site may be subject to an end user license agreement.

Based on information submitted to the MLS GRID as of Nov 1, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Some IDX listings have been excluded from this website.

Any use by you of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

DMCA Notice: Palmetto Park Realty respects the intellectual property rights of others. If you believe that your work has been copied in a way that constitutes copyright infringement, please provide our designated agent with written notice containing the following information: (1) identification of the copyrighted work claimed to have been infringed; (2) identification of the material that is claimed to be infringing; (3) your contact information; (4) a statement that you have a good faith belief that use of the material is not authorized; and (5) a statement that the information in the notification is accurate and you are authorized to act on behalf of the copyright owner.

Please send DMCA notices to: hello@palmettopark.com

Schedule a Showing

361 Mills River Way, Horse Shoe, NC, 28742

Step 1 of 2

Note: All times are Eastern Time (ET). Showings must be scheduled at least 2 hours in advance.

Time

Add a place