361 Mills River Way

Horse Shoe, NC
$ 1,695,000 Beds 4 Baths 4.5 Sq 5,937 Virtual Tour
Monthly Estimate* How much can I afford?

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 Family

  • Price
  • $ 1,695,000
  • City
  • Horse Shoe
  • Bedrooms
  • 4
  • Full Bathrooms
  • 4
  • County
  • HENDERSON
  • Half Bathrooms
  • 1
  • Area
  • Henderson County
  • Lot Size
  • 2.4 Acres
  • Zip
  • 28742
  • Sqr Footage
  • 5,937
  • Year Built
  • 2006
  • Style
  • French Provincial
  • MLS#
  • 4423037
Listed By: Howard Hanna Beverly-Hanks Asheville-Biltmore Park; Leslie.brazil@allentate.com
Data Source: Canopy MLS

Features

General

Living Area 5937
Sewer Septic Installed
Heating Heat Pump
Cooling Central Air,Multi Units
Utilities Electricity Connected,Fiber Optics,Natural Gas
Roof Architectural Shingle
Appliances Dishwasher,Electric Range,Filtration System,Microwave,Oven,Refrigerator,Warming Drawer
HOA Fee 1514
Garage Spaces 2
Patio/Porch Features Covered,Deck
Architectural Style French Provincial
Security Features Radon Mitigation System
Construction Materials Fiber Cement,Stone Veneer
Year Built 2006
Levels One and One Half
Property Subtype Single Family Residence
Parcel Number 9621042273
Community Features Clubhouse,Picnic Area
Assoc Fee Paid Per Annually
County Henderson
New Construction No
Property Type Residential
HOA Yes
Subdivision Name Homestead at Mills River
Garage Y/N Yes
Full Baths 4
Directions Directions to 361 Mills River Way via I-26 East from Asheville: Merge onto I-26 East / US-74 East heading toward Hendersonville / Asheville Regional Airport. Take Exit 40 for NC-280 / Airport Road t
High School West Henderson
City Horse Shoe
Senior Community Y/N No
Lot Size Units Acres
Carport Y/N No
Elementary School Mills River
Middle/Junior High School Rugby
Additional Parcels Y/N No
Standard Status Active
CAR_HOASubjectTo Required
Construction Type Site Built
Restrictions Architectural Review,Signage
Tax Assessed Value 1107200
Listing Terms Cash,Conventional

Interior Features

Interior Amenities Kitchen Island
Basement Daylight,Full,Walk-Out Access,Walk-Up Access
Flooring Carpet,Tile,Vinyl,Wood
Fireplace Features Den,Gas,Gas Vented,Great Room
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 3840
Half Baths 1
Laundry Features Laundry Room,Main Level
Total Bedrooms 4
Below Grade Finished Area 2097
Total Baths 5
SqFt Main 2389
SqFt Upper 1451
Bedroom 1

Exterior Features

Exterior Amenities Fire Pit
Fencing Back Yard,Partial
Parking Features Attached Garage,Garage Faces Front
Lot Features Sloped,Creek/Stream,Wooded
Water Source Well
Lot Size Area 2.4
Foundation Details Crawl Space
Road Surface Type Asphalt,Paved
Other Equipment Generator
Road Responsibility Private Maintained Road
Main Level Garage YN Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Hickory, NC office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Mills River Elementary School
Middle School Rugby Middle School
High School West Henderson High School

Price History

9/13/2026 Listed $1,695,000

Property vs Zip Code Average in 28742

Price
AVG $1.46M
$1.7M
Year Built
AVG 2005
2006
Visits
AVG 168
43
Data Provided by Inside Real Estate®

361 Mills River Way Horse Shoe, NC is a Single Family Home for sale at $1695000 with 5937 sqft and a lot size of 2.4 Acres Acre(s). 361 Mills River Way Horse Shoe has 4 bedrooms, 4 baths and was built in 2006. The property's zip code is 28742 which is in Horse Shoe, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.