1194 Palmer Rd

Mill Spring, NC 28756

$5,500,000
Price
15,212,894 / 349.24
Lot Size / Acres
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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...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.
  1. Listed by Keller Williams Professionals • josephscott@kw.com
  2. Listed by Keller Williams Professionals

Property Details for 1194 Palmer Road

Waterfront Features
None
View
Long Range, Mountain(s), Winter, Year Round
Subdivision Name
None
LISTING UPDATED: 06/29/2026 02:01 PM

Property Details for 1194 Palmer Road

StatusActive
MLS #4396705
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Acreage
Year Built-
Lot Size349.24 AC
CountyPolk County
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Location

Listing Courtesy of Keller Williams Professionals
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Building Information for 1194 Palmer Road

Lot Size349.24 AC

Payment Calculator

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$27,637 per month

30 year fixed, 6.36% Interest

Principal and Interest

$27,407

Property Taxes

$230

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1194 Palmer Road

Summary
Location and General Information
  • Water Body Name: Creek
  • Road Frontage Type: State Road
  • Longitude: -82.25616077
  • Latitude: 35.33523457
  • Directions: From Asheville, take I-26 East for 30 miles. Take Exit 67 for US-74 East toward Columbus/Shelby. Follow US-74 for 10 miles. Take Exit for NC-108 for Columbus - Tryon and turn left onto NC-108 East. Continue on NC-108 East for approximately 3 miles, then turn left onto Palmer Rd. Follow Palmer Rd to driveway for 1194 Palmer Rd. Look for real estate sign.
Taxes and HOA Information
  • HOA YN: No
  • HOA Subject To: None
  • Tax Assessed Value: $549,187.00
  • Parcel Number: P29-19
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
Property
Lot Information
  • Elevation: 1000
  • Below Grade Finished Area: 0.0
  • Sq Ft Building Minimum: 0
  • Lot Features: Cleared, Creek Front, Flood Fringe Area, Green Area, Pasture, Private, Rolling Slope, Steep Slope, Creek/Stream, Wooded, Views, Waterfall, Waterfront, Wetlands
  • Lot Size Units: Acres
  • Possible Use: Agricultural, Development, Farm, Multi-Family, Orchard, Pasture/Grazing, Private Estate, Recreational, Residential
  • Property Type: Land
Property and Assessments
  • Geocode Confidence: High
  • Photos Count: 33
  • Road Responsibility: Publicly Maintained Road, Private Maintained Road
  • Senior Community YN: No
  • Restrictions: No Restrictions
Utilities
  • Sewer: Septic Installed
  • Utilities: Electricity Connected, Satellite Internet Available
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Pool Private YN: No
  • Road Surface Type: Dirt, Gravel, Paved
  • Horse Amenities: Pasture
  • Other Structures: Shed(s)
Interior Features
  • Habitable Residence YN: Yes
Rental
Rent Information
  • Lease Considered YN: No

Property History for 1194 Palmer Road

DateEvent & SourcePriceAppreciation
Jun 28, 2026

Listed (Active)

CANOPY #4396705

$5,500,000—
Jun 22, 2026

Listed (Active)

CANOPY #4393766

$5,500,000—
Aug 3, 2011

Closed (Public Record)

Public Record #1101601201

$23,563,500

+47.3% / yr

DateEvent & SourcePrice
06/28/2026

Listed (Active)

CANOPY #4396705

$5,500,000
06/22/2026

Listed (Active)

CANOPY #4393766

$5,500,000
08/03/2011

Closed (Public Record)

Public Record #1101601201

$23,563,500

+47.3% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1194 Palmer Road

Taxable ValueLand$185,764Additions$363,423Total$549,187
Tax Record2025$2,759 ($230 / month)
Home Facts
Beds2Total Finished SqFt1,036 SqFtAbove Grade Finished SqFt1,036 SqFtLot Size15,212,894 SqFtStyleMiscellaneous ResidentialYear Built1998CountyPOLKAPNP29-19Fireplace TypeHas Fireplace

Schools near 1194 Palmer Road

This home is within Polk County School District.
Rating
School
Type
Grades
Distance
Sunny View Elementary School
Public - PK to 5
Polk County Middle School
Public - 6 to 8
Polk County High School
Public - 9 to 12
Polk County Early College
Public - 9 to 12
Rating
School
Distance
Sunny View Elementary School
PublicPK to 5

Polk County Middle School
Public6 to 8

Polk County High School
Public9 to 12

Polk County Early College
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1194 Palmer Road, Mill Spring, NC 28756

1194 Palmer Road is a 349.24 ac of land for sale in Mill Spring, NC 28756. This property was listed for sale on June 28, 2026 by Keller Williams Professionals, it's currently listed at $5,500,000. It has been on the market for a total of 1 days and was last sold on August 3, 2011. This listing's school district is Polk County School District. Nearby schools include Sunny View Elementary School, Polk County Middle School and Polk County High School. 1194 Palmer Road is a 0-bed, 0-bath, 349.24 ac of land on a 15,212,894 sq. ft. / 349.24 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Professionals

Based on information submitted to the MLS GRID as of 06/29/2026 02:01 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.