About This Home

This 2-bedroom, 2-bathroom single family at 1194 Palmer Road in Mill Spring, NC is listed for $5,225,000 ($5,043 per sqft). Built in 1998, the home offers 1,036 sqft of living space on a 349.24 acres lot.

Key Features

  • Built in 1998
  • 349.24 acre lot
  • Fireplace
  • Waterfront

Property Details

1 story
2 full
1998

Amenities

FireplaceWaterfront
Listing 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-be

droom, 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 propert

y, 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.

Monthly Cost Estimate

$27,944/mo

20% down · 6.5% · 30 years

Principal$3,779
Interest$22,642
Insurance$1,524

Estimates only. Actual payments may vary.

Location

1194 Palmer Road

Mill Spring, NC 28756

Property Details

Construction

Hardboard Siding Wood

Parking

Driveway

Heating

Heat Pump (Heating)

Cooling

Heat Pump

Questions & Answers

This 2-bedroom, 2-bathroom single family at 1194 Palmer Road is listed at $5,225,000 ($5,043/sqft). The estimated monthly payment is $27,944 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1998, 349.24 acre lot, Fireplace, Waterfront.

This property is listed by Joe Scott and can be reached at 4257363249.

JS

Joe Scott

Agent at Keller Williams Professionals

(425) 736-3249
Agent website

Listed by Keller Williams Professionals · Broker phone: (828) 254-7253 · View on Broker Site · Broker website

MLS# 4393766· Source: Canopy MLS· 77 days on PropertySimple

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1194 Palmer Road, Mill Spring, NC 28756

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