$295,000
UNDER CONTRACT $404K PRICE DROP

270 Mills River Way Horse Shoe, NC 28742

Estimated payment $1,890/month

Total Views 16,073
2 Beds
2 Baths
2,070 Sq Ft
$143 Price per Sq Ft

Highlights

  • Private Lot
  • Wooded Lot
  • Fireplace
  • Mills River Elementary School Rated A-
  • Arts and Crafts Architecture
  • 1-Story Property

About This Home

Nestled in a private gated community, this 5.8-acre property is a nature lover's paradise. Boasting mature hardwoods, two serene streams, and a level lot, the land offers tranquility and endless potential. Ideal for those seeking privacy, yet conveniently located less than 5 miles from grocery stores, healthcare, and resturants, you'll enjoy the perfect balance of seclusion and accessibility. The property sits near the breathtaking Pisgah National Forest, prividing easy access to outdoor adventures. An original homestead with character adds to the charm, offering incredible possibilities for restoration or new beginnings. Whether you're looking for a peaceful retreat or a canvas to build your dream home, this property is truly a rare find.

Listing Agent

Scott McElrath

H Scott & Associates Brokerage Email: scottmcelrath@gmail.com License #269364 Listed on: 10/09/2024

Co-Listing Agent

Heather Scott

H Scott & Associates Brokerage Email: scottmcelrath@gmail.com License #249224

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,541

Year Built

  • Built in 1965

Lot Details

  • Private Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned R3

HOA Fees

  • $158 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Arts and Crafts Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,070 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Basement
  • Exterior Basement Entry
  • Electric Cooktop

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Access to stream, creek or river

Schools

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

Utilities

  • Septic Tank
  • Fiber Optics Available

Community Details

  • Ipm Association, Phone Number (828) 650-6875
  • Homestead At Mills River Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 9974766

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,541

Year Built

Built in 1965

Lot Details

0

HOA Fees

$158 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts
  • Year Built: 1965
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 142.51
  • Geocode Confidence: High
  • Attribution Contact: scottmcelrath@gmail.com
  • Special Features: UnderContract

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2070
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Cooktop
  • Above Grade Finished Sq Ft: 2070
  • Has Basement: Exterior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Den
  • Living Area: 2070
  • Bedroom Main: 2
  • Room Count: 1

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Waterfront Features: None
  • Waterfront Elevation: 2000
  • Construction Type: Wood

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway, Parking Space(s)

Utilities

  • Heating: Electric
  • Sewer: Septic Installed
  • Laundry Features: None
  • Cooling: Ceiling Fan(s)
  • Utilities: Fiber Optics, Natural Gas, Underground Power Lines
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 1892
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: IPM
  • Phone: 828-650-6875

Association/Amenities

  • Association Annual Expense: 1892.00

Schools

  • Middle Or Junior School: Rugby
  • HOA Subject To: Required

Lot Info

  • Lot Features: Creek Front, Level, Private, Creek/Stream, Wooded
  • Lot Size Area: 5.88
  • Lot Size Units: Acres
  • Parcel Number: 9974766
  • Zoning Specification: R3

MLS Schools

  • Elementary School: Mills River
  • High School: West Henderson

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,541 $357,600 $111,200 $246,400
2024 $1,541 $357,600 $111,200 $246,400
2023 $1,541 $357,600 $111,200 $246,400
2022 $1,328 $236,800 $69,200 $167,600
2021 $1,328 $236,800 $69,200 $167,600
2020 $1,328 $236,800 $0 $0
2019 $1,328 $236,800 $0 $0
2018 $1,145 $202,700 $0 $0
2017 $1,145 $202,700 $0 $0
2016 $1,145 $202,700 $0 $0
2015 -- $202,700 $0 $0
2014 -- $199,100 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Price Changed $295,000 -25.4% $143 / Sq Ft
02/13/2025 02/13/25 Price Changed $395,500 -20.1% $191 / Sq Ft
01/07/2025 01/07/25 Price Changed $495,000 -17.4% $239 / Sq Ft
11/12/2024 11/12/24 Price Changed $599,000 -14.3% $289 / Sq Ft
10/09/2024 10/09/24 For Sale $699,000 -- $338 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $150,000 Construction
Closed $177,100 New Conventional
Closed $180,000 New Conventional
Source: Public Records

Similar Homes in the area

  • 233 Forest Bend Dr, Horse Shoe, NC 28742

    $375,000

    • 3 Beds
    • 2 Baths
    • 1,077 Sq Ft
    • 233 Forest Bend Dr
    • Horse Shoe, NC

    Welcome to 233 Forest Bend Dr., a peaceful haven nestled in the heart of Horse Shoe, NC. Situated on nearly an acre of beautifully manicured land, this 3-bed, 2-bath home offers the perfect blend of comfort & space. The expansive lot provides ample room to spread out, garden, entertain, or simply enjoy the outdoors. The landscaping has been thoughtfully designed & meticulously maintained by a

    James Dager Keller Williams Elite Realty

    Section Image
  • 51 Moffitt Rd, Horse Shoe, NC 28742

    $275,000

    • 1 Bed
    • 2 Baths
    • 1,154 Sq Ft
    • 51 Moffitt Rd
    • Horse Shoe, NC

    Price Reduced! This 1930's cabin was built by the seller's Grandfather. Make this your dream homestead! This beautiful piece of property has been a real producer of veggies and flowers over the years. It's the perfect size property for expansion at 2.4 acres. There's nothing like owning a piece of history and this property is a little gem! Great gardening space, large quince bush and

    Sue Juczak Fathom Realty

    Section Image
  • 416 Hunters Glen Ln, Hendersonville, NC 28739

    $365,000

    • 3 Beds
    • 2 Baths
    • 1,751 Sq Ft
    • 416 Hunters Glen Ln
    • Hendersonville, NC

    Highly desirable Hunters Glen neighborhood! Just a short walk to the Ecusta Trail, local restaurants, and the post office, this classic brick basement rancher offers both convenience and easy living. You will relish being such a short drive in the neighborhood but tucked up higher with a winter view. The spacious open living and dining areas boast new flooring and a wood burning fireplace for

    Julie Mallett Allen Tate/Beverly-Hanks Hendersonville

    Section Image
  • 608 Surrey Glen Cir, Hendersonville, NC 28739

    $364,900

    • 3 Beds
    • 2 Baths
    • 1,684 Sq Ft
    • 608 Surrey Glen Cir
    • Hendersonville, NC

    Fantastic Location in beautiful Hunters Glen! Brick/vinyl Ranch will full unfinished basement for expansion or hobbies. Beautifully updated with new kitchen, paint and flooring! Spacious rooms all feel nestled among the trees with all the windows! Large wooded lot provides lots of privacy, and in a cul de sac too! Some year round view and fabulous winter view. Roof and water heater replaced 2023.

    Kathryn Watkins Century 21 Connected

    Section Image

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4190323

Canopy MLS (Canopy Realtor® Association)

APN: 9901562