42 Peninsula Dr
Mill Spring, NC 28756
(on 1 acre)
Local Information
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Description
Build your dream cottage on this gently sloping lakefront 1-acre lot in the gated Lake Adger community of Mountain Park. It's in a desirable location on a peninsula with frontage on a deep water channel and includes deeded rights to install a floating dock. Pick your building spot to maximize the view and easily access your private floating dock. Underground power and a shared well are in place. A 4-bedroom septic permit was granted in 2006 and expired in 2011. Take advantage of this opportunity to live on peaceful Lake Adger, a 438-acre lake with 14 miles of pristine shoreline. Kayaks, canoes, and paddleboards are welcome! Restrictions are in place to ensure quiet enjoyment, with an 80 HP limit on pontoon boats, 60 HP on other watercraft, and no Jet skis or water skiing are permitted. Contact an agent for showings; a gate code is required, so a drive-by isn’t possible.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from September 29, 2023
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
$104/Monthly
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 42 Peninsula Dr
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MLS Status: Closed |
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Appliances & Utilities Utilities: Electricity Connected, Underground Utilities |
Gas & Electric Has Electric on Property |
View Has a ViewView: Mountain(s), Water, Winter |
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Exterior Home Features Wooded Area Size: 1 |
Parking & Garage No CarportNo Garage |
Frontage WaterfrontWaterfront: Boat Ramp – Community, WaterfrontRoad Frontage: Private RoadResponsible for Road Maintenance: Private Maintained RoadRoad Surface Type: PavedOn Waterfront |
Water & Sewer Sewer: Septic NeededWater Body: Lake Adger |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 225 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Building Not Habitable Residence |
Property Information Usage of Home: ResidentialParcel Number: P54252 |
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Price List Price: $245,000 |
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Direction & Address City: Mill SpringCommunity: Mountain Park at Lake Adger |
School Information Elementary School: SunnyviewJr High / Middle School: PolkHigh School: Polk |
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Community Features: Gated, Lake AccessNot Senior Community |
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HOA Name: IPMHOA Phone: 828-650-6851Has an HOAHOA Fee: $1,250/Annually |
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Lot Area: 1 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional |
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Mls Number: 3938761Water ViewWater View: WaterAttribution Contact: Kathy@KathyToomey.com |
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GatedLake Access |
Last check for updates: about 4 hours ago
Listed by Kathy Toomey
New View Realty
Bought with: Kelly Gay, (828) 899-0706, Keller Williams Mtn Partners, LLC
Source: Canopy MLS as distributed by MLS GRID, MLS#3938761

Price History for 42 Peninsula Dr
| Date | Price | Event | Source |
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| 09/29/2023 | $225,000 | Sold | Canopy MLS as distributed by MLS GRID #3938761 |
| 01/29/2023 | $245,000 | Listed For Sale | Canopy MLS as distributed by MLS GRID #3938761 |
| 04/25/2019 | $185,000 | ListingRemoved | Agent Provided |
| 12/31/2018 | $185,000 | Listed For Sale | Agent Provided |
Comparable Sales for 42 Peninsula Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.23 | Lot/Land | $275,000 | 04/24/26 | - | - | ||
0.34 | Lot/Land | $86,000 | 04/30/26 | - | - | ||
0.37 | Lot/Land | $135,000 | 04/15/26 | - | - | ||
0.51 | Lot/Land | $155,000 | 01/06/26 | - | - | ||
0.45 | Lot/Land | $212,500 | 08/28/25 | - | - | ||
0.75 | Lot/Land | $79,000 | 10/27/25 | - | - | ||
0.75 | Lot/Land | $34,000 | 03/06/26 | - | - | ||
0.74 | Lot/Land | $12,500 | 01/20/26 | - | - | ||
0.78 | Lot/Land | $12,500 | 01/20/26 | - | - | ||
0.99 | Lot/Land | $110,000 | 12/15/25 | - | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
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Apartments for Rent
Homes for sale near 42 Peninsula Dr
Off Market Homes Near 42 Peninsula Dr

Based on information submitted to the MLS GRID as of 2026-05-22 12:03:00 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
Homes for rent near 42 Peninsula Dr
42 Peninsula Dr, Mill Spring, NC 28756 is a lot/land. This property is not currently available for sale. 42 Peninsula Dr was last sold on Sep 29, 2023 for $225,000 (8% lower than the asking price of $245,000).

