For Sale $479,900
**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!
Entrance Foyer
| 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 |
| Elementary: | Mills River |
| Middle: | Rugby |
| High: | West |
| 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 |
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.
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 |
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 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.
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