$1,694,000
$80K PRICE DROP

91 Watershed Way Horse Shoe, NC 28742

Estimated payment $9,761/month

Total Views 4,198
4 Beds
4.5 Baths
4,138 Sq Ft
$409 Price per Sq Ft

Highlights

  • Open Floorplan
  • Mountain View
  • Deck
  • Mills River Elementary School Rated A-
  • Clubhouse
  • Private Lot

About This Home

Experience refined mountain living in this stunning 4-bedroom, 4.5-bath estate nestled on 1.78 private acres in an exclusive gated community. With 4,100 square feet of thoughtfully designed space, this home offers the perfect blend of luxury, comfort, and natural beauty. Step into a sun-drenched, southern-facing great room featuring a striking fireplace and jaw-dropping mountain views. The chef’s kitchen is a dream come true—complete with a gas cooktop, double oven, ample counter space, and beautiful cabinet, all flowing seamlessly into open-concept living and dining areas with rich wood flooring throughout. Enjoy peaceful mornings on the screened porch, quiet evenings on the expansive back deck, or gather around the custom fire pit under the stars. Professionally landscaped grounds provide year-round beauty and privacy.

Listing Agent

Kelly Frady

Allen Tate/Beverly-Hanks Asheville-North Brokerage Email: kelly.frady@allentate.com License #212902 Listed on: 05/02/2025

Allen Tate/Beverly-Hanks Asheville-North

Co-Listing Agent

Sandra Justus

Allen Tate/Beverly-Hanks Asheville-North Brokerage Email: kelly.frady@allentate.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,878

Year Built

  • Built in 2014

Lot Details

  • Front Green Space
  • Private Lot
  • Sloped Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned R3

HOA Fees

  • $124 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Arts and Crafts Architecture
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Bar Fridge
  • Insulated Windows
  • Great Room with Fireplace
  • Screened Porch
  • Mountain Views
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Partially Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Patio
  • Fire Pit

Schools

  • Glen Marlow Elementary School
  • Rugby Middle School
  • West Henderson High School

Utilities

  • Heat Pump System
  • Heating System Uses Natural Gas
  • Power Generator
  • Septic Tank
  • Fiber Optics Available

Listing and Financial Details

  • Assessor Parcel Number 1005806

Community Details

Overview

  • Ipm Association Services 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

$4,878

Year Built

Built in 2014

Lot Details

0

HOA Fees

$124 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts
  • Year Built: 2014
  • Restrictions: Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 409.38
  • Geocode Confidence: High
  • Attribution Contact: kelly.frady@allentate.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Walk In, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Storage, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1726
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 524
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 562
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1342
  • Sq Ft Unheated Upper: 256
  • Sq Ft Upper: 1535
  • Appliances: Bar Fridge, Dishwasher, Double Oven, Gas Cooktop, Refrigerator
  • Other Equipment: Generator, Network Ready
  • Above Grade Finished Sq Ft: 3261
  • Has Basement: Bath/Stubbed, Daylight, Exterior Entry, Interior Entry, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 877
  • Door Features: Insulated Door(s)
  • Fireplace Features: Fire Pit, Gas Log, Great Room
  • Living Area: 4138
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Room Count: 10
  • Bedroom Basement: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Long Range, Mountain(s), Winter, Year Round
  • Construction Type: Fiber Cement, Stone, Other - See Remarks
  • Other Structures: None
  • Patio And Porch Features: Deck, Patio, Rear Porch, Screened, Side Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 562
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Faces Side

Utilities

  • Heating: Electric, Heat Pump, Natural Gas
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Heat Pump
  • Utilities: Fiber Optics, Natural Gas, Underground Power Lines
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Street Lights
  • Association Fee: 1492
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: IPM Association Services
  • Phone: 828-650-6875

Association/Amenities

  • Association Annual Expense: 1492.00

Schools

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

Lot Info

  • Lot Features: Cleared, Green Area, Private, Sloped, Wooded, Views
  • Lot Size Area: 1.78
  • Lot Size Units: Acres
  • Parcel Number: 1005806
  • Additional Parcels: No
  • Zoning Specification: R3

MLS Schools

  • Elementary School: Glen Marlow
  • 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 $4,878 $918,700 $89,000 $829,700
2024 $4,878 $918,700 $89,000 $829,700
2023 $4,878 $918,700 $89,000 $829,700
2022 $4,339 $646,600 $70,500 $576,100
2021 $4,339 $646,600 $70,500 $576,100
2020 $4,339 $646,600 $0 $0
2019 $4,339 $646,600 $0 $0
2018 $3,793 $579,100 $0 $0
2017 $3,793 $579,100 $0 $0
2016 $3,793 $579,100 $0 $0
2015 -- $579,100 $0 $0
2014 -- $105,600 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Price Changed $1,694,000 -4.5% $409 / Sq Ft
05/02/2025 05/02/25 For Sale $1,774,000 -- $429 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $45,000 --
Trustee Deed $180,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 Credit Line Revolving
Closed $92,300 Credit Line Revolving
Open $582,000 Stand Alone Second
Closed $125,000 New Conventional
Closed $519,600 New Conventional
Source: Public Records

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4254295

Canopy MLS (Canopy Realtor® Association)

APN: 1005806