1194 Palmer Road, Mill Spring, NC 28756

$5,500,000
2
BD
2
BA
1,036
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$5,500,000
MLS#
4393766
Status
ACTIVE
Property Type
Residential
Architectural Style
Cabin
Year Built
1998
Days on Market
37
Bedrooms
2
Bathrooms
2
Full Baths
2
Lot Size
15,212,894
Lot Size Area
349.24
Living Area
1,036
Sq Ft Total
1036
County
Polk
Subdivision
No Neighborhood

Property Description

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.

Additional Information

Fireplace
Yes
Equipment
Other, None
Foundation
Basement
Main Level Rooms
Living Room, Kitchen, Primary Bedroom, Bathroom-Full, Bedroom(s), Bathroom-Full
Laundry Location
Other - See Remarks
Heating
Heat Pump
Water
Well
Sewer
Septic Installed
Exterior Construction
Hardboard Siding, Wood
Roof
Metal
Parking
Circular Driveway, Driveway, Parking Space(s)
Driveway
Dirt, Gravel, Paved
Lot Description
Cleared, Creek Front, Flood Fringe Area, Green Area, Pasture, Private, Rolling Slope, Steep Slope, Creek/Stream, Wooded, Views, Waterfall, Waterfront, Wetlands
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified
Special Conditions
None

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Professionals. josephscott@kw.com

“The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Real Estate Company nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Carolina Multiple Listing Services, Inc.”