92 Greenwood Acres Drive, Mills River NC

  • 3 Bed
  • 3 Bath
  • 1527 ft2
  • 1.3 ac

For Sale $479,900

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Remarks:

**0% DOWN PAYMENT POSSIBLE!** Located in a USDA-eligible area, this Mills River property offers qualified buyers the opportunity to purchase with no down payment! **HOUSE HACKING OPPORTUNITY!** Imagine living on the main level while renting the private basement living quarters for an estimated $1,000/month to help offset your mortgage payment! Situated on 1.33 acres, this nearly 3,000-square-foot home offers incredible flexibility for multigenerational living, second living quarters, a basement apartment, or potential rental income. The main level features three bedrooms, two full bathrooms, a spacious living room with gas fireplace, and a kitchen and dining area. Downstairs, the finished walkout basement offers a second full kitchen, additional living room with gas fireplace, bedroom, full bathroom, and private exterior entrance—an appealing setup for extended family, guests, potential tenants, or a home office. Recent improvements include TWO NEW HVAC systems, updated flooring, updated ceiling, new bathroom vanity, and a newer roof and newer septic! Outside, enjoy 1.33 acres of wooded privacy, mature trees, visiting wildlife, and a covered porch overlooking the peaceful surroundings. Conveniently located near Mills River Elementary School, shopping, dining, Asheville Regional Airport, and outdoor recreation. Whether you're looking for a primary residence, a house-hacking opportunity, or a property with potential for long-term or short-term rental income, this home offers room to grow and possibilities to explore. The big items have been done! Bring your vision and discover the potential- make it your own today!

Interior Features:

Entrance Foyer

General Information:

List Price: $479,900
Status: For Sale
Bedrooms: 3
Type: Single Family Residence
Approx Sq. Ft.: 1527 sqft
Parking: Attached Carport, Detached Carport, Driveway
MLS Number: CAR4436621
Subdivision: Greenwood Acres
Style: Ranch
Bathrooms: 3
Lot Description: Private, Wooded
Year Built: 1974
Sewer Type: Septic Installed

Assigned Schools:

Elementary: Mills River
Middle: Rugby
High: West

Price & Sales History

Date Event Price $/SQFT
10-22-2026 Price Decrease $479,900-3.92% $315
09-09-2026 Price Decrease $499,500-2.54% $328
08-25-2026 Price Decrease $512,500-0.49% $336
07-23-2026 Price Decrease $515,000-0.96% $338
06-25-2026 Relisted $520,000 $341
06-10-2026 Under Contract $520,000 $341
05-29-2026 Listed $520,000 $341
09-03-2025 Price Decrease $459,000-4.36% $301
07-15-2025 Listed $479,900 $315

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Mills River Elementary 1 miles KG-05 9
Glenn C Marlow Elementary 2 miles KG-05 10
Fletcher Elementary 5 miles KG-05 9
Etowah Elementary 5 miles KG-05 9
William W Estes Elementary 7 miles KG-05 8
Hendersonville Elementary 8 miles KG-05 9

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.

Properties For Sale Nearby

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
92 Greenwood Acres Drive, Mills River NC 0 mi $479,900 days
84 Greenwood Acres Drive, Mills River NC 0 mi $519,000 days
11 Greenwood Acres Drive, Mills River NC 0.1 mi $489,000 days
55 Greenwood Acres Drive, Mills River NC 0.1 mi $455,000 days
4 Woodscape Drive, Mills River NC 0.3 mi $299,999 days
10 Old Turnpike Road, Mills River NC 0.6 mi $2,649,000 days
1 to 6 of 19 Result

Sold Properties Nearby

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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    Total Monthly Payment $20,941

    Demographic Data For Zip 28759

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    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.

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    Property Listing Information

    A Courtesy Listing Provided By EXP Realty LLC

    92 Greenwood Acres Drive, Mills River NC is a 1527 ft2 on a 1.330 acres lot. This is for $479,900. This has 3 bedrooms, 3 baths, and was built in 1974.

    Based on information submitted to the MLS GRID as of 2026-05-29 10:55:06 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. Click here for more information

    Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.