92 Greenwood Acres Drive
Mills River, NC, 28759 $ 499,500
Bedrooms3 Baths3.0 Sq 2,963 Monthly Estimate*
$ 3,450
for $499,500 with 3 bedrooms and 3 full baths. This 2,963 square foot home was built in 1974 on a lot size of 1.33.
**Now offered at $499,500**, this spacious Mills River property just became an even better value with **two brand-new HVAC systems, including all new indoor and outdoor units, new main-level kitchen floors, new basement den flooring and ceiling, AND a new vanity in the basement bathroom**, providing comfort and peace of mind for years to come. Nestled on over an acre in one of Mills River's most sought-after locations, this property offers the privacy of a wooded retreat while remaining just minutes from shopping, dining, and Asheville Regional Airport. Mature landscaping, frequent visits from deer, and the area's famous white squirrels create a peaceful setting you'll love coming home to. The thoughtfully designed main level features 3 bedrooms, 2 full bathrooms, hard floors throughout the living spaces, a cozy fireplace, and a covered back porch overlooking the private backyard. Natural light fills the home, creating warm and inviting spaces for everyday living and entertaining. The finished lower level adds incredible flexibility with a spacious family room anchored by a second fireplace, a full kitchen, an additional bedroom, a full bathroom (NEW vanity), and private exterior access. Whether you're accommodating extended family, hosting long-term guests, creating a home office, or looking for income-producing potential, this separate living area offers endless possibilities. Outside, the mostly level yard provides plenty of space for gardening, outdoor gatherings, pets, or simply enjoying the peaceful surroundings. Two carports and a storage shed offer ample room for vehicles, hobbies, and equipment. Additional improvements include a **2024 roof**, a **newer septic system**, and **two brand-new HVAC systems with all new indoor and outdoor equipment**, making this home as practical as it is inviting. Located in the highly regarded Mills River Elementary School district, you'll enjoy easy access to everything Western North Carolina has to offer—approximately 10 minutes to Asheville Regional Airport, 15 minutes to downtown Hendersonville, 20 minutes to Brevard, and 25 minutes to Asheville. Combining flexible living space, major recent updates, and an unbeatable location, this is a property you'll want to experience in person.
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FeaturesGeneralLiving Area 2963
Sewer Septic Installed
Heating Central Electric
Cooling Central Air Electric
Utilities Fiber Optics Propane
Roof Architectural Shingle
Appliances Electric Oven Electric Range Refrigerator
Patio/Porch Features Covered Deck Rear Porch
Architectural Style Ranch
Construction Materials Brick Full
Exclusions see agent remarks
Year Built 1974
Levels One
Property Subtype Single Family Residence
Parcel Number 9949384
County Henderson
New Construction N
Property Type Residential
HOA N
Subdivision Name Greenwood Acres
Garage Y/N N
Other Structures Shed(s)
Full Baths 3
Directions GPS will get you there
High School West
City Mills River
Senior Community Y/N N
Lot Size Units Acres
Carport Spaces 4
Carport Y/N Y
Elementary School Mills River
Middle/Junior High School Rugby
Additional Parcels Y/N N
Standard Status Active
Construction Type Site Built
Tax Assessed Value 356000
Listing Terms Cash Conventional FHA USDA Loan VA Loan
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InteriorInterior Amenities Entrance Foyer
Basement Apartment Daylight Exterior Entry Partially Finished Storage Space Walk-Out Access Walk-Up Access
Flooring Tile Vinyl
Fireplace Features Den Gas Log Living Room Wood Burning Stove
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 1527
Half Baths 0
Laundry Features In Basement
Total Bedrooms 3
Below Grade Finished Area 1436
Total Baths 3
SqFt Main 1527
SqFt Lower 0
SqFt Upper 0
Bedroom 3
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ExteriorParking Features Attached Carport Detached Carport Driveway
Lot Features Private Wooded
Water Source Well
Lot Size Area 1.33
Foundation Details Basement
Road Surface Type Concrete Paved
Other Equipment Fuel Tank - Owned
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $3,450
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Mills River, NC
Average List Price $1,011,232
Percent of Sale Price 102%
About Mills River, NC 6,990 Population
27% Since 2002
$ 60,749 Median Income
48.33 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
2172586 Elementary School
2172689 Middle School
West High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/9/2026 | $499,500 | -2.54% | Price Down |
| 8/25/2026 | $512,500 | -0.49% | Price Down |
| 7/20/2026 | $515,000 | -0.96% | Price Down |
| 5/7/2026 | $520,000 | | Listed Price |