1194 Palmer Road Mill Spring, NC $ 5,225,000
1194 Palmer Road
$ 5,225,000
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1194 Palmer Road

Mill Spring, NC, 28756
$ 5,225,000
Bedrooms2 Baths2.0 Sq 1,036

Monthly Estimate*

$ 36,088

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Single Family Home for sale in Mill Spring, NC

for $5,225,000 with 2 bedrooms and 2 full baths. This 1,036 square foot home was built in 1998 on a lot size of 349.24.

Perfectly set on nearly 350 acres of prime mountain land, Watermill Farm represents a rare opportunity to acquire a special large tract in the foothills of the Blue Ridge, just minutes from the neighboring Bright's Creek community and golf course. The namesake historical water wheel welcomes you into this exceptional property that features two 2-bedroom, 2-bath homes, buried power infrastructure, multiple pocket pastures, springs and creeks, abundant wildlife, and an existing network of well-maintained roads providing easy access throughout from the paved public road. The land offers a remarkable combination of privacy, usability, and development potential. Multiple broad knobs and ridge tops provide outstanding homesite opportunities, where selective clearing will reveal breathtaking long-range mountain vistas. Re-open extensive (but partially overgrown) pocket pastures to create an extraordinary equestrian property. Potential views of the Blue Ridge Escarpment are truly spectacular and could rival some of the finest in the region. The choice location is a short drove from the Green River, Lake Adger, Hendersonille, Tryon Int'l Equestrian Center, and more. Whether envisioned as a private mountain estate, family compound, recreational retreat, equestrian property, land investment, or future development opportunity, this unique offering combines natural beauty, existing infrastructure, and exceptional accessibility in one of Western North Carolina’s most desirable locations.

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Single Family Active

Price

$ 5,225,000

Bedrooms

2

Full Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Cabin

Lot Size

349.24

Year Built

1998

Town/City

Mill Spring

County/Region

Polk

MLS | Web ID

4393766

Features
General
Living Area 1036
Sewer Septic Installed
Heating Heat Pump
Cooling Heat Pump
Utilities Electricity Connected Satellite Internet Available
Roof Metal
Appliances Other None
Architectural Style Cabin
Construction Materials Hardboard Siding Wood
Exclusions Appliances and HVAC in house these belong to the caretaker
Year Built 1998
Levels One
Property Subtype Single Family Residence
Parcel Number P29-19
Elevation 1000
Waterfront Features None
County Polk
New Construction N
Property Type Residential
HOA N
Subdivision Name None
Garage Y/N N
Other Structures Shed(s)
Full Baths 2
Directions From Asheville take I-26 East for 30 miles. Take Exit 67 for US-74 East toward Columbus/Shelby. Follow US-74 for 10 miles. Take Exit for NC-108 for Columbus - Tryon and turn left onto NC-108 East.
High School Unspecified
City Mill Spring
Body of Water Creek
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Elementary School Unspecified
Middle/Junior High School Unspecified
Additional Parcels Y/N N
Standard Status Active
Construction Type Site Built
Tax Assessed Value 549187
Listing Terms Cash Conventional
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Interior
Basement Other
Fireplace Features Living Room Wood Burning Stove
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 1036
Half Baths 0
Laundry Features Other - See Remarks
Total Bedrooms 2
Below Grade Finished Area 0
Total Baths 2
SqFt Main 1036
SqFt Lower 0
SqFt Upper 0
Bedroom 2
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Exterior
Parking Features Circular Driveway Driveway Parking Space(s)
Lot Features Cleared Creek Front Flood Fringe Area Green Area Pasture Private Rolling Slope Steep Slope Creek/Stream Wooded Views Waterfall Waterfront Wetlands
Water Source Well
Lot Size Area 349.24
Foundation Details Basement
Road Surface Type Dirt Gravel Paved
Road Responsibility Publicly Maintained Road Private Maintained Road
Horse Amenities Pasture
Main Level Garage YN N
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Internal Only
Street Number 1 1194
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* Excluded Features
List By
Keller Williams Professionals

Broker

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$36,088
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Monthly Principal & Interest
$36,088
Monthly Property Taxes
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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.
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Nearby
1081546 Elementary School
1081540 Middle School
Unspecified High School High School
Pricing History
DatePricePrice ChangeDescription
9/1/2026$5,225,000 -5.00% Price Down
6/22/2026$5,500,000 Listed Price

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1194 Palmer Road, Mill Spring, NC, 28756 is a Single Family Home for sale at $5,225,000 with 1,036 sqft and a lot size of 349.24. 1194 Palmer Road has 2 bedrooms, 2.0 baths, and was built in 1998. The property's zip code is 28756 which is in Mill Spring, NC