Homestead At Mills River Homes for Sale
15 homesCommunity Highlights
- Gated mountain setting with wooded privacy
- River Reserve clubhouse and riverfront recreation access
- Close to Asheville Regional Airport, Mills River shopping, and regional outdoor recreation
* Based on what we noticed in listing details.
gated entrance · Clubhouse · river access +7
* Based on what we noticed in listing details.
Architecture & Style
- Vaulted Ceilings
- Fireplaces
- Screened Porches
- Decks
- Basements
- Garage Parking
- Open-Concept Layouts
* Based on what we noticed in listing details.
Location & Proximity
Western North Carolina mountains, Henderson County
- Ingles Supermarket
- Publix (under construction)
- Sierra Nevada Brewery
- Asheville Regional Airport
- Pisgah National Forest
* Based on what we noticed in listing details.
Nearby Schools
Mills River
Rugby
West Henderson
* Based on what we noticed in listing details.
Lots and Land in Homestead At Mills River
First Impressions
Homestead at Mills River feels like a mountain enclave shaped by land, trees, and long views. Set in Horse Shoe in Henderson County, the community sits among wooded acreage, gentle slopes, and pockets of ridge-and-valley scenery that give many homesites a distinctly private feel. Mature hardwoods, rhododendron, and mountain laurel are part of the everyday backdrop, and several lots open to mountain vistas or a streamside setting. The neighborhood’s gated entrance, paved roads, and underground utilities set a polished tone, while the surrounding Pisgah National Forest and Mills River corridor keep the atmosphere rooted in Western North Carolina’s natural landscape.
Home Styles & Community Feel
This is primarily a land-and-custom-build community, with residential lots making up the dominant property type. Homesite sizes are generous, averaging about 1.47 acres, and the overall range spans from manageable build parcels to larger tracts that invite more expansive designs. Existing homes show a clear custom-home character, with many featuring vaulted ceilings, fireplaces, screened porches, decks, and mountain-facing living spaces. Construction dates stretch from 1965 through proposed new builds in 2027, so the neighborhood includes both established residences and fresh opportunities for a new build.
The setting leans toward a refined mountain aesthetic rather than a uniform subdivision look. Stone accents, wood floors, open-concept layouts, and outdoor living spaces appear often in the homes, and several properties include basements or garage space. While not every lot is improved, the infrastructure is well established, with storm sewers, natural gas availability, fiber or wired internet, and underground power or utilities mentioned throughout the community.
These insights are based on listing details and are informational only; verify details for any specific property.
Market Trends
Buyers have more negotiating power. Properties may take longer to sell. Prices have declined 21%. There's typically room for negotiation on price.
Year-over-Year Comparison
Last 12 months





Recently Sold Properties
| Property | Sold Date▼ | Sale Price↕ | DOM↕ | LP/SP↕ | Size↕ | $/SF↕ |
|---|---|---|---|---|---|---|
![]() SOLD 606 Stonefly Drive 3 bed2 bath | Jan 23 2026 | $1.20M | 99 | 96% | 4018 sq ft | $299 |
4 month gap in market activity | ||||||
![]() SOLD 270 Mills River Way 2 bed2 bath | Sep 19 2025 | $225,000 | 345 | 76% | 2070 sq ft | $109 |
![]() SOLD 229 Stonefly Drive 4 bed3 bath | Jul 30 2025 | $1.45M | 22 | 🎯100% | 3636 sq ft | $399 |
![]() SOLD 6 Yellow Wood Lane 4 bed4 bath | Jun 20 2025 | $1.52M | 273 | 89% | 4671 sq ft | $325 |
2 month gap in market activity | ||||||
![]() SOLD 48 Stonefly Drive | Mar 27 2025 | $35,000 | 973 | 88% | — | — |
5 month gap in market activity | ||||||
![]() SOLD 11 Stonefly Drive | Oct 25 2024 | $125,000 | 617 | 90% | — | — |
![]() SOLD 113 Stonefly Drive 120 | Oct 25 2024 | $125,000 | 507 | 84% | — | — |
![]() SOLD 163 Stonefly Drive 121 | Oct 22 2024 | $100,000 | 298 | 87% | — | — |
![]() SOLD 190 Stonefly Drive 157 | Oct 9 2024 | $110,000 | 133 | 93% | — | — |
![]() SOLD 35r Mills River Way | Aug 15 2024 | $20,000 | 700 | 69% | — | — |
![]() SOLD 218 Watershed Way | Jul 8 2024 | $62,000 | 411 | 🎯100% | — | — |
2 month gap in market activity | ||||||
![]() SOLD 156 Stonefly Drive | Apr 17 2024 | $48,000 | 559 | 74% | — | — |
![]() SOLD 292 Stonefly Drive 3 bed3 bath | Mar 8 2024 | $1.69M | 71 | 96% | 3175 sq ft | $531 |
2 month gap in market activity | ||||||
![]() SOLD 862 Mills River Way 40R | Dec 22 2023 | $70,000 | 92 | 89% | — | — |
![]() SOLD 630 Stonefly Drive 149 | Dec 21 2023 | $42,000 | 371 | 84% | — | — |
2 month gap in market activity | ||||||
![]() SOLD Lot 132 133 Watershed Way | Oct 5 2023 | $90,000 | 462 | 83% | — | — |
3 month gap in market activity | ||||||
![]() SOLD 888 Mills River Way 3 bed3 bath | Jun 28 2023 | $1.68M | 55 | 93% | 3767 sq ft | $445 |
3 month gap in market activity | ||||||
![]() SOLD 1167 Mills River Way 72 | Mar 24 2023 | $62,500 | 282 | 70% | — | — |
![]() SOLD 1114 Mills River Way | Feb 15 2023 | $38,500 | 390 | 91% | — | — |
4 month gap in market activity | ||||||
![]() SOLD 292 Stonefly Drive 3 bed3 bath | Oct 4 2022 | $1.58M | 161 | 94% | 3337 sq ft | $475 |
4 month gap in market activity | ||||||
![]() SOLD 11 Watershed Way 128R | May 18 2022 | $43,000 | 667 | 91% | — | — |
![]() SOLD Lot 85 R N Running Deer Trail | May 6 2022 | $40,000 | 253 | 82% | — | — |
![]() SOLD Tbd Shining Rock Path 16 | Apr 19 2022 | $20,000 | 133 | 67% | — | — |
![]() SOLD 1126 Mills River Way 48 | Feb 24 2022 | $80,000 | 199 | 80% | — | — |
![]() SOLD 559 Shining Rock Path 20R 4 bed3 bath | Jan 31 2022 | $1.09M | 150 | 92% | 3221 sq ft | $340 |
![]() SOLD 936 Mills River Way | Dec 6 2021 | $79,900 | 209 | 🎯100% | — | — |
![]() SOLD 113 Stonefly Drive 120 | Oct 15 2021 | $105,000 | 88 | 88% | — | — |
![]() SOLD 61 Buckhead Trail | Sep 27 2021 | $45,000 | 120 | 90% | — | — |
![]() SOLD 323 Shining Rock Path | Sep 21 2021 | $72,000 | 71 | 87% | — | — |
![]() SOLD 862 Mills River Way 40R | Jul 29 2021 | $58,000 | 420 | 89% | — | — |

606 Stonefly Drive
$1,200,000

270 Mills River Way
$225,000

229 Stonefly Drive
$1,450,000

6 Yellow Wood Lane
$1,520,000

48 Stonefly Drive
$35,000

11 Stonefly Drive
$125,000

113 Stonefly Drive 120
$125,000

163 Stonefly Drive 121
$100,000

190 Stonefly Drive 157
$110,000

35r Mills River Way
$20,000

218 Watershed Way
$62,000

156 Stonefly Drive
$48,000

292 Stonefly Drive
$1,685,000

862 Mills River Way 40R
$70,000

630 Stonefly Drive 149
$42,000

Lot 132 133 Watershed Way
$90,000

888 Mills River Way
$1,675,000

1167 Mills River Way 72
$62,500

1114 Mills River Way
$38,500

292 Stonefly Drive
$1,585,000

11 Watershed Way 128R
$43,000

Lot 85 R N Running Deer Trail
$40,000

Tbd Shining Rock Path 16
$20,000

1126 Mills River Way 48
$80,000

559 Shining Rock Path 20R
$1,094,000

936 Mills River Way
$79,900

113 Stonefly Drive 120
$105,000

61 Buckhead Trail
$45,000

323 Shining Rock Path
$72,000

862 Mills River Way 40R
$58,000
Market Statistics
The Homestead At Mills River real estate market shows buyer's market conditions. Homes typically sell within 260 days. With 3 active listings and 1 homes sold in the past year, Buyers have more negotiating power and time to decide.
Pricing
Median Price:$69,500
Average Price:$69,500
Property Details
Avg Bedrooms:3.0
Avg Bathrooms:3.0
Avg Lot Size:1.47 acres
Market Activity
Active Listings:3
Sold Last Year:1
Median Days to Sell:260 days
Community Info
Has HOA:No
Median Year Built:2006
New Construction:0%
Recently Off Market Properties
20 propertiesLooking for similar properties?
These properties are no longer available, but we can help you find similar homes in Homestead At Mills River. Our agents have access to upcoming listings and can notify you when new properties become available.


















