Sold
Last Sold Price
2 beds1,358 sqft$169/sqft
540 Gilreath Loop Rd, Mills River, NC 28759
Single FamilyProperty Type
0.78 acresLot Size
1969Year Built
$169/sq ftPrice per sq ft

Description

Back on market, loan fell through. Excellent location in Mills River. Lots of updates, finished hardwood floors, granite counter tops, remodeled walk-out basement/garage with bonus room. Would make a great rental, starter home, perfect opportunity for first time home buyer, investment, or a vacation get-away. Property nicely located top of knoll. Land bordering, beautiful, green pastures and near-by Pisgah National Forest. Good sunlight, mature shade trees, garden space, big, private lot. Warm n...Back on market, loan fell through. Excellent location in Mills River. Lots of updates, finished hardwood floors, granite counter tops, remodeled walk-out basement/garage with bonus room. Would make a great rental, starter home, perfect opportunity for first time home buyer, investment, or a vacation get-away. Property nicely located top of knoll. Land bordering, beautiful, green pastures and near-by Pisgah National Forest. Good sunlight, mature shade trees, garden space, big, private lot. Warm n cozy, adorable, cottage feel. Good location provides easy access to Asheville Airport, South Asheville, Arden, Hendersonville and Brevard. House was a 3 bed room converted into 2 bed room. Established neighborhood with private setting, yet close to everything you need. Wonderful area...no HOA fees, low taxes. New, updated, septic system installed. New survey.
  • Listed by: • Mountain Vista Properties benjamin.mtnvista@gmail.com
Listing closed: 08/27/2020 12:00 AM • Source: CANOPY, MLS#: 3532524

Recent comparable sales

Median sold price

$289,000

Avg days on market

32

Sale-to-list ratio

92.0%

Mills River, NC

9 comparable properties found

$300,000 | 4 Woodscape Drive, Mills River, NC 28759
1/22
1

$300,000

Sold 06/16/26

2
Bedrooms
1,557
Square Feet
0.41
Acres
a front view of a house with a garden
1/37
2

$368,000

Sold 11/27/24

2
Bedrooms
1,176
Square Feet
0.36
Acres
$355,000 | 44 Presbyterian Church Road, Mills River, NC 28759
1/44
3

$355,000

Sold 06/18/26

2
Bedrooms
1,471
Square Feet
0.64
Acres
$82,000 | 274 Laurelwood Lane, Mills River, NC 28759
1/5
4

$82,000

Sold 08/23/26

2
Bedrooms
1,352
Square Feet
0.93
Acres
$180,000 | 27 Presbyterian Church Road, Mills River, NC 28759
1/23
5

$180,000

Sold 07/20/26

2
Bedrooms
911
Square Feet
0.81
Acres
$245,000 | 13 Woodscape Drive, Mills River, NC 28759
1/23
6

$245,000

Sold 05/08/25

3
Bedrooms
1,157
Square Feet
0.24
Acres
$175,000 | 98 Long Pine Drive, Mills River, NC 28759
1/30
7

$175,000

Sold 09/25/25

3
Bedrooms
1,450
Square Feet
1.91
Acres
$292,000 | 83 Libbey Lane, Mills River, NC 28759
1/43
8

$292,000

Sold 06/05/25

3
Bedrooms
1,248
Square Feet
0.68
Acres
a front view of a house with a garden
1/41
9

$289,000

Sold 01/06/26

3
Bedrooms
1,438
Square Feet
0.36
Acres

Location

Listing Courtesy of Mountain Vista Properties

Sold By Beverly-Hanks, Executive Park

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Payment Calculator

$1,246 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,164

Property Taxes

$82

HOA Dues

$0

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Property Information for 540 Gilreath Loop Road

Property Details
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Traditional
  • View: Mountain(s)
  • Parking Features: Basement, Driveway, Garage Door Opener, Garage Shop
  • Subdivision Name: None
Building Information
  • Year Built: 1969
  • Lot Size: 0.78 AC / 33,976 SF
Summary
Location and General Information
  • Longitude: -82.588483
  • Zoning: RES
  • Latitude: 35.375207
  • Directions: I-26, Exit #40. Airport Road approx 6.5 miles , to right on Sweetwater Rd. Stay right onto Gilreath property on right, look for pointer signs.
Taxes and HOA Information
  • HOA YN: No
  • HOA Subject To: None
  • Tax Assessed Value: $141,300.00
  • Parcel Number: 9928321
  • City Taxes Paid To: Mills River
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Garage Main Level YN: No
Virtual Tour
  • Web URL: www.mountainvistarealestate.net
Property
Lot Information
  • Elevation: 2000
  • Above Grade Finished Area: 1018.0
  • Below Grade Finished Area: 340.0
  • Sq Ft Lower: 0
  • Sq Ft Main: 1018
  • Sq Ft Third: 0
  • Sq Ft Unheated Basement: 673
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 673
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Sq Ft Total Property HLA: 1358.0
  • Living Area Units: Square Feet
  • Lot Features: Orchard(s), Green Area, Other - See Remarks, Paved, Private, Sloped, Wooded, Views
  • Lot Size Acres: 0.78
  • Lot Size Units: Acres
  • Property Attached YN: No
  • Property Type: Residential
Property and Assessments
  • New Construction YN: No
  • Photos Count: 38
  • Road Responsibility: Publicly Maintained Road
  • Construction Type: Site Built
  • Assumable: No
Utilities
  • Sewer: Septic Installed
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Exterior Features: Fire Pit
  • Construction Materials: Wood, Other - See Remarks
  • Patio And Porch Features: Deck, Rear Porch
  • Road Surface Type: Gravel, Paved
  • Roof: Composition
  • Other Structures: Shed(s)
Interior Features
  • Appliances: Electric Cooktop, Electric Water Heater, Filtration System, Microwave, Oven, Refrigerator
  • Levels: One
  • Cooling: Ceiling Fan(s), Heat Pump
  • Heating: Central, Heat Pump
  • Laundry Features: In Basement
  • Fireplace Features: Fire Pit, Living Room
  • Fireplace YN: Yes
  • Flooring: Wood, Other - See Remarks
  • Foundation Details: Other - See Remarks
  • Basement YN: Yes
  • Basement Features: Basement, Basement Shop, Exterior Entry, Interior Entry
  • Bedroom Basement: 0
  • Bedroom Main: 2
  • Full Bath Basement: 0
  • Full Bath Main: 1
  • Half Bath Basement: 0
  • Half Bath Main: 0
Room Information
Room Information
  • Room Count: 12.0
Room 1
  • Room Types: Basement
  • Room Level: Basement
Room 2
  • Room Types: Bonus Room
  • Room Level: Basement
Room 3
  • Room Types: Bathroom-Full
  • Room Level: Main
Room 4
  • Room Types: Kitchen
  • Room Level: Main
Room 5
  • Room Types: Utility Room
  • Room Level: Main
Room 6
  • Room Types: Workshop
  • Room Level: Basement
Room 7
  • Room Types: Dining Area
  • Room Level: Main
Room 8
  • Room Types: Sitting
  • Room Level: Main
Room 9
  • Room Types: Laundry
  • Room Level: Basement
Room 10
  • Room Types: Living Room
  • Room Level: Main
Room 11
  • Room Types: Utility Room
  • Room Level: Basement
Room 12
  • Room Types: Bedroom(s)
  • Room Level: Main

Property History for 540 Gilreath Loop Road

DateEvent & SourcePriceAppreciation
Aug 27, 2020

Closed

CANOPY #3532524

$229,000
Aug 10, 2020

Closed (Public Record)

Public Record #681355949

$229,000

+8.4% / yr

Jul 12, 2020

Under Contract-No Show

CANOPY #3532524

DateEvent & SourcePrice
08/27/2020

Closed

CANOPY #3532524

$229,000
08/10/2020

Closed (Public Record)

Public Record #681355949

$229,000

+8.4% / yr

07/12/2020

Under Contract-No Show

CANOPY #3532524

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 540 Gilreath Loop Road

Taxable ValueLand$52,700Additions$175,800Total$228,500
Tax Record2025$985 ($82 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,688 SqFtAbove Grade Finished SqFt1,348 SqFtFinished Basement SqFt340 SqFtUnfinished Basement SqFt673 SqFtStories1Lot Size32,670 SqFtStyleSingle Family ResidenceYear Built1969Year Renovated1999Zoning9928321~MRCountyHENDERSONAPN9631004756

Schools near 540 Gilreath Loop Road

This home is within Henderson County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Mills River Elementary
PublicPK to 5

Rugby Middle
Public6 to 8

West Henderson High
Public9 to 12

Henderson County Career Academy
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 540 Gilreath Loop Road, Mills River, NC 28759
$229,000
2
1,358
33,976
$415,000
3
1,866
28,314
$375,000
3
1,676
28,314
$51,000
3
1,750
38,768
$226,000
2.5
2,268
29,621
$57,500
33,541

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mountain Vista Properties

Based on information submitted to the MLS GRID as of 04/01/2021 09:31 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.