Lot 42 Peninsula Drive

Mill Spring, NC 28756

$225,000
Last Sold Price
43,560 / 1
Lot Size / Acres

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...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.
  1. Listed by Kathy Toomey • New View Realty • Kathy@KathyToomey.com

Property Details for Lot 42 Peninsula Drive

Waterfront Features
Boat Ramp – Community
View
Mountain(s), Water, Winter
Community Features
Gated, Lake Access
Subdivision Name
Mountain Park at Lake Adger

Location

Listing Courtesy of New View Realty

Sold By Keller Williams Realty Mountain Partners

Add your commute
LISTING UPDATED: 09/29/2023 04:30 PM

Property Details for Lot 42 Peninsula Drive

StatusClosed
MLS #3938761
Days on Market225
Taxes-
HOA Fees$1,250 / year
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Lot
Year Built-
Lot Size1.00 AC
CountyPolk County

Location

Listing Courtesy of New View Realty

Sold By Keller Williams Realty Mountain Partners

Add your commute

Building Information for Lot 42 Peninsula Drive

Lot Size1.00 AC

Payment Calculator

$1,332 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,228

Property Taxes

HOA Dues

$104

The Payment Calculator is for illustrative purposes only.

Property Information for Lot 42 Peninsula Drive

Summary
Location and General Information
  • Water Body Name: Lake Adger
  • Road Frontage Type: Private Road
  • Longitude: -82.202269
  • Latitude: 35.33564
  • Directions: From Tryon take Hwy 108 towards Mill Spring. Left on Hwy 9 towards Lake Lure, left on Woodrow McKee Dr., the Mountain Park entrance. Pass through the gate and stay left onto Peninsula Drive to the cul de sac. The lot is between #444 and #494 Peninsula Drive.
Taxes and HOA Information
  • Association: Yes
  • HOA Subject To: Required
  • HOA Subject To Dues: Mandatory
  • Tax Assessed Value: $100,000.00
  • Association Name: IPM
  • Association Phone: 828-650-6851
  • Parcel Number: P54-252
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: Polk
  • High School: Polk
  • Elementary School: Sunnyview
Parking
  • Open Parking: No
  • Garage: No
Property
Lot Information
  • Wooded Area: 1.0
  • Sq Ft Building Minimum: 1250
  • Lot Features: Paved, Sloped, Waterfront
  • Lot Size Acres: 1.0
  • Lot Size Units: Acres
  • Possible Use: Residential
  • Property Type: Land
Property and Assessments
  • Photos Count: 26
  • Road Responsibility: Private Maintained Road
  • Senior Community: No
  • Plat Reference Section Pages: E-1138
  • Restrictions: Architectural Review,Livestock Restriction,Manufactured Home Not Allowed,Short Term Rental Allowed,Square Feet
  • Restrictions Description: HOA
Utilities
  • Sewer: Septic Needed
  • Utilities: Electricity Connected, Underground Utilities
  • Water Source: Shared Well
Interior and Exterior Features
Exterior Features
  • Road Surface Type: Paved
Interior Features
  • Habitable Residence: No
Rental
Rent Information
  • Lease Considered: No

Property History for Lot 42 Peninsula Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near Lot 42 Peninsula Drive

This home is within Polk County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of New View Realty

Based on information from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.