1194 Palmer Rd, Mill Spring, NC 28756
FOR SALE
NEW - 11 HRS AGO
349.24 ACRES

1194 Palmer Rd
Mill Spring, NC 28756

  • 2 Beds
  • 2 Baths
  • 1,036 sqft (on 349.24 acres)

$5,500,000

Est. Mortgage $29,996/mo*

$5,500,000

Est. Mortgage $29,996/mo*
2 Beds
2 Baths
1,036 sqft
(on 349.24 acres)

Local Information

  • Map ViewExplore the area around 1194 Palmer Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Perfectly set on nearly 350 acres of prime mountain land, Water Wheel 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.

Home Highlights

Parking
Open Parking
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$5,309
Listed
1 day ago

Home Details for 1194 Palmer Rd

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: OtherNumber of Rooms: 6Types of Rooms: Primary Bedroom, Bedroom S, Bathroom Full, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1036 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Satellite Internet AvailableAppliances: Other, NoneLaundry: Other
Heating & Cooling
Heating: Heat PumpHas CoolingAir Conditioning: Heat PumpHas HeatingHeating Fuel: Heat Pump
Fireplace & Spa
Fireplace: Living Room, Wood Burning Stove
Gas & Electric
Has Electric on Property
Levels, Entrance, & Accessibility
Stories: 1Levels: One
View
No View

Exterior Features

Exterior Home Features
Roof: MetalOther Structures: Shed(s)
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: Circular Driveway,Driveway,Parking Space(s)
Frontage
WaterfrontWaterfront: None, Creek, Creek/Stream, WaterfrontResponsible for Road Maintenance: Publicly Maintained Road, Private Maintained RoadRoad Surface Type: Dirt, Gravel, PavedOn Waterfront
Water & Sewer
Sewer: Septic InstalledWater Body: Creek
Farm & Range
Horse Amenities: Pasture
Surface & Elevation
Elevation: 1000 FeetElevation: 1000Elevation Units: Feet
Finished Area
Finished Area (above surface): 1036 Square Feet

Days on Market

Days on Market: 1

Property Information

Year Built
Year Built: 1998
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Cabin
Building
Construction Materials: Hardboard Siding, WoodNot a New ConstructionNo Additional Parcels
Property Information
Not Included in Sale: Appliances and HVAC in house, these belong to the caretakerParcel Number: P2919

Price & Status

Price
List Price: $5,500,000Price Per Sqft: $5,309

Location

Direction & Address
City: Mill SpringCommunity: None
School Information
Elementary School: UnspecifiedJr High / Middle School: UnspecifiedHigh School: Unspecified

Agent Information

Listing Agent
Listing ID: 4393766

Building

Building Area
Building Area: 1036 Square Feet

Community

Not Senior Community

Lot Information

Lot Area: 349.24 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 4393766Attribution Contact: josephscott@kw.comAbove Grade Unfinished Area: 1036
Last check for updates: about 1 hour ago
Listing Provided by: Joe Scott
Keller Williams Professionals
Collin O'Berry
Keller Williams Professionals
Source: Canopy MLS as distributed by MLS GRID, MLS#4393766

Price History for 1194 Palmer Rd

DatePriceEventSource
06/22/2026$5,500,000Listed For SaleCanopy MLS as distributed by MLS GRID #4393766

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Property Tax and Assessment

Year2025
Tax$2,794
Assessment$549,187
Home facts updated by county records

Comparable Sales for 1194 Palmer Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.77
Single-Family Home
$479,900
09/17/25
3
2
1,335
0.77
Single-Family Home
$1,000,000
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2.5
1,994
1.23
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$400,000
06/05/26
2
2
1,200
0.81
Single-Family Home
$900,000
08/19/25
4
3.5
2,069
0.91
Single-Family Home
$850,000
12/15/25
4
4
3,906
0.89
Single-Family Home
$1,788,500
03/30/26
5
6
5,332
1.80
Single-Family Home
$709,000
04/30/26
3
2
1,512

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LGBTQ Local Legal Protections

Joe Scott, Keller Williams Professionals
Based on information submitted to the MLS GRID as of 2026-06-22 22:03:31 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information
1194 Palmer Rd, Mill Spring, NC 28756 is a 2 bedroom, 2 bathroom, 1,036 sqft single-family home built in 1998. This property is currently available for sale and was listed by Canopy MLS as distributed by MLS GRID on Jun 22, 2026. The MLS # for this home is MLS# 4393766.