$1,025,000
$50K PRICE DROP

47 Yellow Wood Ln Horse Shoe, NC 28742

Estimated payment $6,043/month

Total Views 6,634
3 Beds
3.5 Baths
3,065 Sq Ft
$334 Price per Sq Ft

Highlights

  • Spa
  • Mountain View
  • Deck
  • Mills River Elementary School Rated A-
  • Clubhouse
  • Wooded Lot

About This Home

Charming Arts & Crafts home located in the gated Homestead at Mills River community, perfectly situated between Hendersonville, Brevard, and; Asheville. Enjoy main-level living with an inviting fireplace in the great room & an open-concept kitchen with all the luxury a chef would that flows into the dining & living areas. A screened-in porch overlooks the private backyard and; offers beautiful long-range mountain views. The main level features the primary suite with large walk-in closet, walk-in shower and; heated floor plus a guest suite, powder room, laundry room and a convenient drop zone. Upstairs a private guest suite includes a full bathroom, walk-in closet, and versatile flex room ideal for an office. The spacious lower level boasts a large family room and is pre-plumbed offering the potential to build out a bedroom and full bathroom. This home includes a whole-house generator and fenced dog yard. Relax in your backyard oasis complete with a hot tub for year-round enjoyment.

Listing Agent

Lynne Sellers

Allen Tate/Beverly-Hanks Hendersonville Brokerage Email: lynne.sellers@allentate.com License #191117 Listed on: 05/09/2025

Allen Tate/Beverly-Hanks Hendersonville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,997

Year Built

  • Built in 2014

Lot Details

  • Partially Fenced Property
  • Paved or Partially Paved Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned R3, R-3

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • 2 Open Parking Spaces

Home Design

  • Arts and Crafts Architecture
  • Stone Siding
  • Radon Mitigation System
  • Hardboard

Interior Spaces

  • 1.5-Story Property
  • Gas Fireplace
  • Insulated Windows
  • Great Room with Fireplace
  • Screened Porch
  • Mountain Views

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

Partially Finished Basement

  • Interior Basement Entry
  • Stubbed For A Bathroom
  • Crawl Space
  • Natural lighting in basement

Outdoor Features

  • Spa
  • Deck
  • Patio

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Power Generator
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 9644836023

Community Details

Overview

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

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,997

Year Built

Built in 2014

Lot Details

0

HOA Fees

$125 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts
  • Year Built: 2014
  • Restrictions: Deed,Subdivision
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One and One Half
  • Ratio CurrentPrice/TotalPropertyHLA: 334.42
  • Geocode Confidence: High
  • Attribution Contact: lynne.sellers@allentate.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1818
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 545
  • Appliances: Dishwasher, Gas Range, Refrigerator with Ice Maker
  • Other Equipment: Generator
  • Above Grade Finished Sq Ft: 2363
  • Has Basement: Bath/Stubbed, Daylight, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 702
  • Fireplace Features: Gas Log, Gas Vented, Great Room
  • Living Area: 3065
  • Window Features: Insulated Window(s)
  • Bedroom Main: 2
  • Room Count: 11

Exterior Features

  • Exterior Features: Hot Tub
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Partial
  • View: Long Range, Mountain(s), Winter, Year Round
  • Exclusions: Toto toilet seat in primary bathroom, Hanging Sculpture in upper level stairwell, Chiminea at back patio
  • Waterfront Elevation: 2000
  • Construction Type: Hardboard Siding, Stone
  • Patio And Porch Features: Covered, Deck, Front Porch, Patio, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Garage, Garage Door Opener

Utilities

  • Heating: Natural Gas
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room
  • Security: Carbon Monoxide Detector(s), Radon Mitigation System, Smoke Detector(s)
  • Cooling: Central Air
  • Utilities: Natural Gas, Underground Utilities
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated
  • Association Fee: 749
  • Association Fee Frequency: Semi-Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: IPM
  • Phone: 828-650-6875
  • Association Email: ipm@ipmhoa.com

Association/Amenities

  • Association Annual Expense: 1498.00

Schools

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

Lot Info

  • Lot Features: Paved, Rolling Slope, Wooded, Views
  • Lot Size Area: 1.3
  • Lot Size Units: Acres
  • Parcel Number: 9644836023
  • Zoning: R-3
  • Plat Reference Section Pages: 0
  • Additional Parcels: No
  • Zoning Specification: R3

MLS Schools

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

Map

Range of Values:

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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 $3,997 $752,700 $80,400 $672,300
2024 $3,997 $752,700 $80,400 $672,300
2023 $3,997 $752,700 $80,400 $672,300
2022 $3,559 $530,400 $64,100 $466,300
2021 $0 $530,400 $64,100 $466,300
2020 $3,559 $530,400 $0 $0
2019 $3,559 $530,400 $0 $0
2018 $3,175 $484,800 $0 $0
2017 $3,175 $484,800 $0 $0
2016 $3,175 $484,800 $0 $0
2015 -- $484,800 $0 $0
2014 -- $96,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 Price Changed $1,025,000 -4.7% $334 / Sq Ft
05/09/2025 05/09/25 For Sale $1,075,000 -- $351 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Deed $117,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Credit Line Revolving
Source: Public Records

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4256708

Canopy MLS (Canopy Realtor® Association)

APN: 1005800