OFF MARKET

Off Market Aug 2020 for $229K

$351,866

Est. refi paymentEst. refi $1,694/mo

•

1 ba

•

1,358

sq ft

540 Gilreath Loop Rd, Mills River, NC 28759

About this home

Back on market, loan fell through. Excellent location in Mills River. Lots of updates, finished hardwood floors, granite counter tops, remodeled walk-out basement/garage with bonus room. Would make a great rental, starter home, perfect opportunity for first time home buyer, investment, or a vacation get-away. Property nicely located top of knoll. Land bordering, beautiful, green pastures and near-by Pisgah National Forest. Good sunlight, mature shade trees, garden space, big, private lot. Warm n cozy, adorable, cottage feel. Good location provides easy access to Asheville Airport, South Asheville, Arden, Hendersonville and Brevard. House was a 3 bed room converted into 2 bed room. Established neighborhood with private setting, yet close to everything you need. Wonderful area...no HOA fees, low taxes. New, updated, septic system installed. New survey.

Single-familyProperty Type

1969Year Built

0.78 acresLot Size

$259Est. Price/Sq.Ft.

1 spaceParking

Listed by Benjamin Ford • Mountain Vista Properties

Bought with Julie Smith • Howard Hanna Beverly-Hanks Asheville-Downtown

Redfin checked: 2 minutes ago

•Source:CANOPYMLS as Distributed by MLS Grid #3532524

Redfin Estimate

$351,866

$123K since sold in August 2020$5,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 4.3% lower than the average sale price ($368K) of 6 comparable homes.

SOLD JUN 18, 2026
$355,000
A
2 beds2 baths1,471 sq ft
44 Presbyterian Church Rd, Mills River, NC 28759
SOLD JUN 3, 2026
$287,000
B
2 beds1.5 baths1,452 sq ft
7 Nelson Rd, Hendersonville, NC 28791
SOLD MAY 11, 2026
$315,000
C
3 beds1 bath1,176 sq ft
2746 Turnpike Rd, Horse Shoe, NC 28742
SOLD JUN 29, 2026
$335,000
D
3 beds1.5 baths1,503 sq ft
4 Forge Dr, Mills River, NC 28759
SOLD JUN 25, 2026
$425,000
E
2 beds2 baths1,758 sq ft
36 Justin Dr, Etowah, NC 28729
SOLD JUN 5, 2026
$489,000
F
3 beds2 baths1,651 sq ft
32 W Ashley Pl, Etowah, NC 28729

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Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$2,001/mo

Redfin rental estimate

List your home for rent

Market trends in 28759, NC

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.6%

+0.4% MoM

Median sale price

$675K

$150 MoM

Avg. days on market

68d

14 days MoM

Recently sold homes

3 MoM

New listings for sale

$349,900
3 beds2 baths1,986 sq ft
51 Rising Meadow Ln, Mills River, NC 28759
$550,000
3 beds2.5 baths1,937 sq ft
20 Spring Lake Dr, Mills River, NC 28759
3D WALKTHROUGH
$495,000
4 beds2.5 baths2,455 sq ft
506 Fox Hollow Ln, Mills River, NC 28759
$339,000
3 beds1.5 baths1,179 sq ft
62 Hunters Field Ln, Mills River, NC 28759
OPEN SUN, 2PM TO 4PM
$900,000
3 beds2.5 baths2,196 sq ft
46 Solomia Dr, Mills River, NC 28759
See all

Provided by Redfin

Sale history for 540 Gilreath Loop Rd

Date

Event

Price

CANOPYMLS as Distributed by MLS Grid #3532524

Aug 27, 2020

Sold

$229,000

$169/sq ft

Jul 13, 2020

Contingent

—

Jul 8, 2020

Relisted

—

Jun 17, 2020

Contingent

—

Jun 8, 2020

Relisted

—

Jun 8, 2020

Contingent

—

Jun 2, 2020

Relisted

—

Jan 6, 2020

Delisted

—

Nov 18, 2019

Price Changed

$239,000

$176/sq ft

Sep 10, 2019

Price Changed

$245,000

$180/sq ft

Sep 10, 2019

Relisted

—

Aug 1, 2019

Contingent

—

Jul 24, 2019

Listed

$235,000

$173/sq ft

CANOPYMLS as Distributed by MLS Grid #NCM533052

May 29, 2013

Sold

$128,500

$95/sq ft

Apr 10, 2013

Delisted

—

Feb 15, 2013

Listed

$133,900

$99/sq ft

+14

Lovely setting! Enjoy sunrise and sunset views from your living room! Darling little house on beautiful private lot. There is tons of room to grow in the basement. Large master has two large closets and the large deck in the back is perfect for afternoon cookouts! Centrally and conveniently located to Asheville, Hendersonville and Brevard. Close to all S. Asheville Shopping and dining. Contact listing agent for video.

Year

Property tax

Land + Additions

Assessment*

2025

$985

$52,700 + $175,800

$228,500

2024

$985

$52,700 + $175,800

$228,500

2023

$985 (+22.2%)

$52,700 + $175,800

$228,500

2022

$806

$52,700 + $175,800

$228,500

2021

$806 (+1.7%)

$34,500 + $109,200

$143,700

2020

$793

$34,500 + $109,200

$143,700

2019

$793 (+32.2%)

$34,500 + $106,800

$141,300

2018

$599

$34,500 + $106,800

$141,300

2017

$599

$30,900 + $75,200

$106,100

2016

$599 (+10.1%)

$30,900 + $75,200

$106,100

2015

$544 (+5.8%)

$30,900 + $75,200

$106,100

2014

$514

$26,900 + $73,300

$100,200

Tax history for 540 Gilreath Loop Rd

Year

Property tax

Land + Additions

Assessment*

2025

$985

$52,700 + $175,800

$228,500

2024

$985

$52,700 + $175,800

$228,500

2023

$985 (+22.2%)

$52,700 + $175,800

$228,500

2022

$806

$52,700 + $175,800

$228,500

2021

$806 (+1.7%)

$34,500 + $109,200

$143,700

2020

$793

$34,500 + $109,200

$143,700

2019

$793 (+32.2%)

$34,500 + $106,800

$141,300

2018

$599

$34,500 + $106,800

$141,300

2017

$599

$30,900 + $75,200

$106,100

2016

$599 (+10.1%)

$30,900 + $75,200

$106,100

2015

$544 (+5.8%)

$30,900 + $75,200

$106,100

2014

$514

$26,900 + $73,300

$100,200

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

—

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.75 Acres

Year renovated

1999

Sq. Ft.

1,348

Year built

1969

Style

Single Family Residential

County

Henderson County

APN

9928321

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 3, 2026.

MR-MU

Mixed Use District

The MR-Mixed Use District is established to allow all uses (excluding and and ) but to regulate certain uses so as to ensure that impact is mitigated. The impact from the uses listed below will be mitigated through the use of minimum specific site standards combined with general standards which provide the flexibility to impose a higher level of specific site standards dependent upon the degree of impact.

Permitted uses

Include but are not limited to:

Communications tower
Housing-Mobile home park

Jan 15, 2025 • Final

Environmental health - (septic and/or well permits)

Gas

Plumbing

Aug 28, 2023 • Final

Environmental health - (septic and/or well permits)

Construct an addition to a house and integrate it with the pre-existing system.

Addition

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.

Property details

Parking

Parking Information
Main Level Garage Y/N: 0
Parking Features: Basement, Driveway, Garage Door Opener

Interior

Bedroom Information
# of Bedrooms: 2
Bedroom 1 Level: Main
Bedroom 2 Level: Main
Room 1 Beds Total: 2
Room 2 Beds Total: 0

Bathroom Information
# of Full Baths (Total): 1
Bathroom 1 Level: Main
Room 1 Baths Full: 1

Room 1 Information
Room Type: Bathroom(s),Bedroom(s),Dining Area,Kitchen,Living Room,Sitting,Utility

Room 2 Information
Room Type: Basement,Bonus Room,Laundry,Utility,Workshop

Bonus Room Information
Bonus Room Level: Basement

Laundry Room Information
Laundry Features: In Basement
Laundry Room Level: Basement

Sitting Room Information
Sitting Room Level: Main

Basement Information
Basement Level: Basement

Dining Room Information
Dining Area Level: Main

Kitchen Information
Kitchen Level: Main

Living Room Information
Living Room Level: Main

Fireplace Information
Has Fireplace
Fireplace Features: Living Room

Heating & Cooling
Heating Information: Central, Heat Pump, Heat Pump
Sq. Ft. Unheated Total: 673
Sq. Ft. Unheated Basement: 673

Interior Features
Room Type: Bathroom 1, Dining Area, Kitchen, Living Room, Sitting Room, Utility Room, Bedroom 1, Bedroom 2, Basement, Bonus Room, Laundry, Workshop
Interior Features: Basement Shop, Garage Shop
Appliances: Ceiling Fan(s), Electric Cooktop, Microwave, Oven, Refrigerator
Flooring: Wood, See Remarks

Utility Room Information
Utility Room Level: Main
Utility Room 2 Level: Basement

Workshop Information
Workshop Level: Basement

Exterior

Building Information
Construction Type: Site Built
Construction Materials: Wood Siding, Other
Roof: Composition

Exterior Features
Porch: Back,Deck
Exterior Features: Fire Pit, Shed(s)

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence

Lot Information
Lot Features: Orchard(s), Green Area, Mountain View, Paved, Private, Sloped, Wooded, Views, Wooded, See Remarks
Lot Size Area: 0.78
Elevation: 2000
Road Surface Type: Gravel
Road Responsibility: Public Maintained Road
Zoning NCM: RES

Utilities

Utility Information
Water Source: Filtration System, Well
Sewer: Septic Installed
Water Heater Information: Electric

Location

Multi-Unit Information
# of Units: 0

HOA Information
HOA Subject To: None

School Information
Elementary School: Unspecified
Middle Or Junior High School: Unspecified
High School: Unspecified

Location Information
Directions: I-26, Exit #40. Airport Road approx 6.5 miles , to right on Sweetwater Rd. Stay right onto Gilreath property on right, look for pointer signs.

Public facts

Beds: —
Baths: 1.0
Sq. Ft.: 1,348
Stories: 1.0
Lot Size: 0.75 acres
Style: Single Family Residential
Year Built: 1969
Year Renovated: 1999
County: Henderson County
APN: 9928321

Home facts updated by county records on Sep 3, 2026

Other

Home Information
Living Area: 1358
Below Grade Finished Area: 340
Sq. Ft. Upper: 0
Sq. Ft. Third: 0
Sq. Ft. Main: 1018
Sq. Ft. Lower: 0
Building Area Total: 1358
Foundation Details: Basement Inside Entrance, Basement Outside Entrance, Block
Structure Type: 1 Story Basement

Around this home

Schools

Mills River Elementary

Public PreK-5 • Assigned • 1.3mi

9/10

Rugby Middle

Public 6-8 • Assigned • 4.3mi

7/10

West Henderson High

Public 9-12 • Assigned • 4.2mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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 97° 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

Mills River, NC • 28759

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.8 hours in June and 5.2 hours in December, which is comparable to the U.S. average for solar exposure.

8.8 hrs

5.2 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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New listings for sale in 28759

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3D WALKTHROUGH

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OPEN SUN, 2PM TO 4PM3D WALKTHROUGH

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Home values near 540 Gilreath Loop Rd

Data from public records.

Address	Redfin Estimate
534 Gilreath Loop Road, Mills River, NC 3 Beds \| 2 Baths \| 1866 Sq. Ft.	$367,624
575 Gilreath Loop Road, Mills River, NC - Beds \| 3 Baths \| 2842 Sq. Ft.	$755,256

Address	Redfin Estimate
530 Gilreath Loop Road, Mills River, NC 3 Beds \| 2 Baths \| 1676 Sq. Ft.	$387,373
520 Gilreath Loop Road, Mills River, NC - Beds \| 1 Baths \| 848 Sq. Ft.	$260,909

Address	Redfin Estimate
510 Gilreath Loop Road, Mills River, NC - Beds \| 2 Baths \| 1675 Sq. Ft.	$496,445
550 Gilreath Loop Road, Mills River, NC - Beds \| 2 Baths \| 1742 Sq. Ft.	$239,316

Property information provided by CANOPYMLS as Distributed by MLS Grid when last listed in 2019. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 28759, NC

Sale history for 540 Gilreath Loop Rd

Tax history for 540 Gilreath Loop Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 28759

Home values near 540 Gilreath Loop Rd

More real estate resources