OPEN SUN, 2PM TO 4PM

For sale

$1,695,000

Est. $10,422/mo —

•

5,937

sq ft

361 Mills River Way, Horse Shoe, NC 28742

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 healthcare, 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.

Single-familyProperty Type

2006Year Built

2.4 acresLot Size

$285Price/Sq.Ft.

$126/moHOA Dues

2 car garageParking

Listed by Leslie Brazil • Howard Hanna Beverly-Hanks Asheville-Biltmore Park

Contact: Leslie.brazil@allentate.com

Listing updated: Oct 7, 2026 at 12:45pm

Redfin checked: a minute ago

•Source:CANOPYMLS as Distributed by MLS Grid #4423037

Payment calculator

$10,422 per month

Principal and interest$9,481

Property taxes

HOA dues

Home insurance

Utilities

5 minutes to get started. No credit impact.

Affordability tools

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Open houses

Sunday, Oct 18

2:00pm - 4:00pm

Nearby open houses (10)

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Around this home

Schools

K - 12
Preschool & daycare

Mills River Elementary

Public PreK-5 • Assigned • 3.3mi

9/10

Rugby Middle

Public 6-8 • Assigned • 6.4mi

7/10

West Henderson High

Public 9-12 • Assigned • 6.3mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Offer insights

361 Mills River Way · $1,695,000

Strong offer

$1.69M and above

75% chance or better to win

Why $1.69M+ is a strong offer

DAYS ON MARKET

The average home goes pending in 88 days.

SALE-TO-LIST

Most homes are selling 3% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Kitchen island
10 total rooms
Daylight, full basement with walk-out and walk-up access
Gas fireplace in den and great room
Radon mitigation system

Bedrooms
4 bedrooms total (1 main level, 2 upper level, 1 basement)

Bathrooms
4 full bathrooms total (including upper, main, and basement)
1 half bathroom on the main level

Kitchen
Dishwasher
Electric range
Microwave
Oven
Refrigerator
Warming drawer
Filtration system

Laundry & utility
Main level laundry room

Flooring
Carpet
Tile
Vinyl
Wood

Heating & cooling
Heat pump
Central air with multiple units

Sale and tax history for 361 Mills River Way

Sale History
Tax History

Date

Event

Price

CANOPYMLS as Distributed by MLS Grid #4423037

Sep 13, 2026

Listed

$1,695,000

$285/sq ft

CANOPYMLS as Distributed by MLS Grid #3481257

Apr 7, 2020

Sold

$725,000

$122/sq ft

Feb 24, 2020

Contingent

—

Jul 18, 2019

Price Changed

$749,000

$126/sq ft

Mar 6, 2019

Listed

$795,000

$134/sq ft

+26

HUGE $46,000 PRICE REDUCTION! Gorgeous French country design is covered in beautiful, natural stone, with arched dormers on a spectacular 2.21 acres. Fabulous master suite , private study w/ FP , two story living room w/stone fireplace opens to covered deck , dream kitchen w/center island, dining room and laundry. Lower level boasts family room, game room w/bath. Guest quarters over the garage w/full bath and arched windows. Tons of storage, 2 car garage and additional parking. Home is in meticulous condition and move in ready. Enjoy South Mills River, easy access to Asheville Airport, Hendersonville, and Pisgah National Forest.

CANOPYMLS as Distributed by MLS Grid #NCM524388

Aug 27, 2013

Sold

$660,000

$111/sq ft

Jul 13, 2013

Delisted

—

Aug 20, 2012

Listed

$689,000

$116/sq ft

+19

French country design features arched dormers, beautiful stone work&spectacular setting on 2.21 acs. Large gathering room w/stone fireplace that open to covered deck. Dream gourmet kitchen w/center island & breakfast area, formal dining, private study w/fireplace, master suite opens to deck&fabulous master bath. Guest enjoy bonus room w/private bath. LL boasts family room&game room w/bath. Spectacular home!Sellers would be willing to lease back.

Public Records

Nov 29, 2004

Sold

$80,000

$13/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$5,879

$100,000 + $1,007,200

$1,107,200

2024

$5,879

$100,000 + $1,007,200

$1,107,200

2023

$5,879 (+12.2%)

$100,000 + $1,007,200

$1,107,200

2022

$5,242 (+0.3%)

$100,000 + $1,007,200

$1,107,200

2021

$5,225

$78,800 + $702,400

$781,200

2020

$5,225 (+0.8%)

$76,300 + $702,400

$778,700

2019

$5,183 (+14.1%)

$76,300 + $702,400

$778,700

2018

$4,542

$76,300 + $696,100

$772,400

2017

$4,542

$63,500 + $630,000

$693,500

2016

$4,542 (+8.5%)

$63,500 + $630,000

$693,500

2015

$4,185 (+15.4%)

$63,500 + $630,000

$693,500

2014

$3,626

$102,100 + $514,000

$616,100

Public record

Public record
Zoning
Permits

Beds

—

Baths

4.5

Stories

1.6

Lot width

—

Lot depth

—

Lot size

2.39 Acres

Year renovated

2006

Finished Sq. Ft.

4,831

Unfinished Sq. Ft.

—

Total Sq. Ft.

4,831

Year built

2006

Style

Single Family Residential

County

Henderson County

APN

9974762

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 3, 2026.

Residential District Three

The purpose of Residential District Three (R3) is to foster orderly growth where the principal use of land is low density residential. The intent of this district is to allow for residential development consistent with the recommendations of the Comprehensive Plan. This general use district is typically meant to be utilized in areas designated as Rural (RAA) in the Comprehensive Plan.

Permitted uses

Include but are not limited to:

Greenhouse / nursery
Community / recreation center
Day care facility
Housing-Single unit
Housing-Multiple units
Infrastructure
Bed & breakfast
Office
Educational / school
Park & open space

Sep 21, 2026 • Final

Permits & inspections - (residential and/or commercial permits)

Addition

Sep 2, 2026 • Final

Permits & inspections - (residential and/or commercial permits)

Electrical

Plumbing

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 96° expected this year, 20 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Horse Shoe, NC • 28742

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

86/ 100

Very good sunlight

Sunscore

This home receives average direct sun exposure in Horse Shoe. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.7 hrs

5.3 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 361 Mills River Way

$1,643,904

$51K under list price of $1.70M

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $840K to $1.4M.

SOLD MAY 6, 2026
$1,450,000 Last sold price
5 beds4 baths4,835 sq ft
246 Sweetwater Rd, Mills River, NC 28759
$15/sq ft
smaller lot
28 years older
SOLD JUL 27, 2026
$1,300,000 Last sold price
3 beds2.5 baths3,555 sq ft
400 Samuel Dr, Mills River, NC 28759
$81/sq ft
smaller lot
15 years newer
SOLD JUN 24, 2026
$950,000 Last sold price
3 beds3.5 baths4,468 sq ft
301 Forge Crest Dr, Mills River, NC 28759
$72/sq ft
larger lot
2 years older
SOLD AUG 26, 2026
$1,295,000 Last sold price
3 beds2.5 baths3,701 sq ft
696 Daniel Circle Dr, Mills River, NC 28759
$65/sq ft
smaller lot
17 years newer
SOLD JUL 29, 2026
$840,000 Last sold price
3 beds3.5 baths3,687 sq ft
40 Deer Ridge Rd, Mills River, NC 28759
$57/sq ft
larger lot
13 years older
SOLD MAY 29, 2026
$1,300,000 Last sold price
3 beds2.5 baths3,694 sq ft
275 Daniel Circle Dr, Mills River, NC 28759
$67/sq ft
smaller lot
15 years newer

Rental earnings

Est. $4,631 per month, based on comparable rentals

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