$5,225,000
Original price: $5,500,000
2 Beds
2 Baths
1,036 sqft (on 349.24 acres)
1194 Palmer Rd, Mill Spring, NC 28756
Est. Mortgage $30,438/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 1998
349.24 acre lot
$5,043/sqft
Open Parking
Local Information
- Map ViewExplore the area around 1194 Palmer Rd.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
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.
Last check for updates: about 23 hours 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
Home Details for 1194 Palmer Rd
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MLS Status: Active |
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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 |
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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 |
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Cumulative Days on Market: 71Days on Market: 91 |
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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 |
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Price List Price: $5,225,000Price Per Sqft: $5,043 |
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Direction & Address City: Mill SpringCommunity: None |
School Information Elementary School: UnspecifiedJr High / Middle School: UnspecifiedHigh School: Unspecified |
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Listing Agent Listing ID: 4393766 |
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Building Area Building Area: 1036 Square Feet |
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Not Senior Community |
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Lot Area: 349.24 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional |
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BasementMls Number: 4393766Attribution Contact: josephscott@kw.comAbove Grade Unfinished Area: 1036 |
Around this home
Market trends in Mill Spring
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
39
1MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.77 | Single-Family Home | $1,000,000 | 10/08/25 | 3 | 2.5 | 1,994 | |
1.23 | Single-Family Home | $400,000 | 06/05/26 | 2 | 2 | 1,200 | |
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 | |
1.45 | Single-Family Home | $1,250,000 | 07/21/26 | 3 | 3.5 | 3,677 | |
1.90 | Single-Family Home | $660,000 | 05/27/26 | 3 | 2 | 2,177 | |
2.05 | Single-Family Home | $227,000 | 03/05/26 | 3 | 2 | 1,332 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.50 | $3,224,000 | 4 | 4.5 | 3,224 | For Sale | |
0.52 | - | 3 | 2.5 | 2,134 | Off Market | |
0.56 | $82,000 | - | - | - | For Sale | |
0.56 | - | - | - | - | Off Market | |
0.63 | $82,000 | - | - | - | For Sale | |
0.65 | $2,565,482 | 4 | 4.5 | 3,421 | For Sale | |
0.65 | $225,000 | - | - | - | For Sale | |
0.65 | - | 3 | 3.5 | 2,588 | Off Market | |
0.66 | $80,000 | - | - | - | For Sale | |
0.67 | $108,000 | - | - | - | For Sale | |
0.69 | $669,000 | 3 | 2.5 | 1,882 | For Sale |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 21, 2026 Source: Canopy MLS as distributed by MLS GRID #4396705 | PriceChange | $5,225,000 Price decreased by 5% |
Jun 22, 2026 Source: Canopy MLS as distributed by MLS GRID #4393766 | Listed For Sale | $5,500,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,794 | $549,187 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Joe Scott, Keller Williams Professionals
Based on information submitted to the MLS GRID as of 2026-09-20 16:18:38 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
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Frequently asked questions about 1194 Palmer Rd
- What is the estimated monthly payment for 1194 Palmer Rd?Based on a $5,225,000 list price with 20% down at today's rates, the estimated monthly payment for 1194 Palmer Rd in Mill Spring, NC is approximately $30,897 (about $28,297 principal & interest, $2,525 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What are the closest schools to 1194 Palmer Rd?The closest schools to 1194 Palmer Rd in Mill Spring, NC are Polk County High School (rated 5/10), Polk County Middle School (rated 4/10), Sunny View Elementary School (Pre-K, rated 6/10).
- Does 1194 Palmer Rd have air conditioning?Yes, 1194 Palmer Rd in Mill Spring, NC has air conditioning.
- Does 1194 Palmer Rd have laundry facilities?Yes, 1194 Palmer Rd in Mill Spring, NC has laundry facilities.
- How big is the lot at 1194 Palmer Rd?The lot at 1194 Palmer Rd in Mill Spring, NC is about 349.2 acres.
- Does 1194 Palmer Rd have parking?Yes, 1194 Palmer Rd in Mill Spring, NC has on-site parking.
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.