For Sale $1,599,000
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.
Fire Pit
Kitchen Island
| List Price: | $1,599,000 |
| Status: | For Sale |
| Bedrooms: | 4 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 2389 sqft |
| Parking: | Attached Garage, Garage Faces Front |
| MLS Number: | CAR4423037 |
| Subdivision: | Homestead at Mills River |
| Style: | French Provincial |
| Bathrooms: | 5 |
| Lot Description: | Sloped, Creek/Stream, Wooded |
| Year Built: | 2006 |
| Sewer Type: | Septic Installed |
| Elementary: | Mills River |
| Middle: | Rugby |
| High: | West Henderson |
| Date | Event | Price | $/SQFT |
| 10-20-2026 | Price Decrease | $1,599,000-5.66% | $670 |
| 09-13-2026 | Listed | $1,695,000 | $710 |
| 12-01-2025 | Listed | $444,000 | $186 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Mills River Elementary | 3 miles | KG-05 | 9 |
| Glenn C Marlow Elementary | 5 miles | KG-05 | 10 |
| Etowah Elementary | 5 miles | KG-05 | 9 |
| Fletcher Elementary | 7 miles | KG-05 | 9 |
| Brevard Academy: A Challenge Foundation Academy | 9 miles | KG-06 | 9 |
| William W Estes Elementary | 9 miles | KG-05 | 8 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 361 Mills River Way, Horse Shoe NC | 0 mi | $1,599,000 | days | |
| 559 Shining Rock Path, Horse Shoe NC | 0.4 mi | $1,350,000 | days | |
| 163 Stonefly Drive, Horse Shoe NC | 0.4 mi | $1,650,000 | days | |
| 113 Stonefly Drive, Horse Shoe NC | 0.4 mi | $1,250,000 | days | |
| 671 Mills River Way, Horse Shoe NC | 0.5 mi | $1,499,999 | days | |
| 91 Watershed Way, Horse Shoe NC | 0.5 mi | $1,398,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Howard Hanna Beverly-Hanks Asheville-Biltmore Park
361 Mills River Way, Horse Shoe NC is a 2389 ft2 on a 2.400 acres lot. This is for $1,599,000. This has 4 bedrooms, 5 baths, and was built in 2006.
Based on information submitted to the MLS GRID as of 2026-09-13 11:45:02 EST. 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.
Properties displayed may be listed or sold by various participants in the MLS.
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