1194 Palmer Rd Mill Spring, NC 28756
Mill Spring AreaEstimated payment $29,953/month
Highlights
- Waterfall on Lot
- 349.24 Acre Lot
- Private Lot
- Waterfront
- Mountain View
- Wetlands on Lot
About This Lot
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.
Listing Agent
Keller Williams Professionals Brokerage Email: josephscott@kw.com License #348645 Listed on: 06/28/2026
Co-Listing Agent
Keller Williams Professionals Brokerage Email: josephscott@kw.com License #274582
Property Details
Property Type
- Land
Lot Details
- 349.24 Acre Lot
- Waterfront
- Property fronts a state road
- Front Green Space
- Private Lot
- Steep Slope
- Cleared Lot
- Wooded Lot
- Possible uses of the property include Agricultural, Development, Farm, Multi-Family, Orchard, Pasture/Grazing, Private Estate, Recreational, Residential
- Property is zoned OPEN
Additional Features
- Mountain Views
- Pasture
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number P29-19
Community Details
Overview
- No Home Owners Association
Recreation
- Access to stream, creek or river
- Wetlands on Lot
- Waterfall on Lot
- Shed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,759 | $549,187 | $185,764 | $363,423 |
| 2024 | $2,854 | $444,019 | $168,388 | $275,631 |
| 2023 | $2,924 | $444,019 | $168,388 | $275,631 |
| 2022 | $2,835 | $444,019 | $168,388 | $275,631 |
| 2021 | $2,835 | $444,019 | $168,388 | $275,631 |
| 2020 | $2,603 | $386,528 | $141,395 | $245,133 |
| 2019 | $2,603 | $386,528 | $141,395 | $245,133 |
| 2018 | $2,410 | $386,528 | $141,395 | $245,133 |
| 2017 | $2,410 | $369,882 | $150,065 | $219,817 |
| 2016 | $2,234 | $369,882 | $150,065 | $219,817 |
| 2015 | $8,115 | $0 | $0 | $0 |
| 2014 | $8,115 | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/21/2026 08/21/26 | Price Changed | $5,225,000 | -5.0% | -- |
| 06/28/2026 06/28/26 | For Sale | $5,500,000 | -- | -- |
Source: Canopy MLS
MLS Number: 4396705
APN: P29-19
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Ask me questions while you tour the home.