$900,000
SOLD JUL 10, 2025

262 S Cove Rd Mill Spring, NC 28756

3 Beds
2.5 Baths
2,061 Sq Ft
10.15 Acres

Recently Sold

$437 Per Sq Ft

5% Below List Price

43 Days on Market

Highlights

  • Barn
  • Paddocks
  • Open Floorplan
  • Access To Lake
  • RV Access or Parking
  • Mountain View

About This Home

As of July 2025

Beautiful modern equestrian farm newly constructed in 2023 features a stunning three-bedroom, two-and-a-half-bath residence. This home boasts an exceptional open living space with a vaulted ceiling great room, gourmet kitchen, an elegant primary ensuite, a spacious covered deck outdoor living space, and guest suites each with its own patio and access to a kitchenette all designed to capture year-round mountain views and vistas of the surrounding property. The property includes a garage plus ATV storage. Additionally, it offers a 3-stall horse barn with tack room and storage, three separate fenced pastures, and a fenced backyard. The estate is located within the Lake Adger community, providing access to 13 miles of equestrian trails directly across from the property as well as Lake Adger for various lake recreation activities. Also available with the option to purchase with a lakefront lot on Lake Adger, see additional MLS listing #4255172 (12.18 acre offering).

Last Agent to Sell the Property

Christopher Battista

Howard Hanna Beverly-Hanks Brokerage Email: chris.battista@allentate.com License #230367 Listed on: 04/29/2025

Howard Hanna Beverly-Hanks

Co-Listed By

Annie Battista

Howard Hanna Beverly-Hanks Brokerage Email: chris.battista@allentate.com License #292652

Last Buyer's Agent

Lisa Chester

Howard Hanna Beverly-Hanks License #276138

Howard Hanna Beverly-Hanks

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023

Lot Details

  • Back Yard Fenced
  • Private Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Additional Parcels

HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • 6 Open Parking Spaces
  • RV Access or Parking
  • Golf Cart Garage

Home Design

  • Farmhouse Style Home
  • Slab Foundation
  • Spray Foam Insulation
  • Stucco

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar Fridge
  • Ceiling Fan
  • Wood Burning Stove
  • Insulated Windows
  • Window Screens
  • Pocket Doors
  • Sliding Doors
  • Entrance Foyer
  • Great Room with Fireplace
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Trash Compactor

Flooring

  • Wood
  • Tile
  • Slate Flooring
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Access To Lake
  • Deck
  • Covered Patio or Porch

Schools

  • Sunnyview Elementary School
  • Polk Middle School
  • Polk High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Paddocks
  • Tack Room
  • Trailer Storage
  • Hay Storage
  • Riding Trail

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Air Filtration System
  • Humidity Control
  • Heat Pump System
  • Underground Utilities
  • Generator Hookup
  • Tankless Water Heater
  • Propane Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number P55-479

Community Details

Overview

  • Tessier Group Association, Phone Number (828) 254-9842
  • Lake Adger Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area

Recreation

  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2023

Lot Details

0

HOA Fees

$216 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse
  • Year Built: 2023
  • Restrictions: Short Term Rental Allowed,Other - See Remarks
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: Lake Adger POA CCR's
  • Road Surface Type: Asphalt, Gravel, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 436.68
  • Bedroom Lower: 2
  • Geocode Confidence: High
  • Attribution Contact: chris.battista@allentate.com
  • Special Features: 4098

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Slate, Tile, Vinyl, Wood
  • Interior Amenities: Breakfast Bar, Built-in Features, Entrance Foyer, Kitchen Island, Open Floorplan, Walk-In Closet(s), Walk-In Pantry, Whirlpool
  • Lower Level Sq Ft: 823
  • Main Level Sq Ft: 1238
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Lower: 415
  • Sq Ft Unheated Total: 415
  • Sq Ft Upper: 0
  • Appliances: Bar Fridge, Dishwasher, Dryer, Electric Oven, Exhaust Hood, Filtration System, Gas Range, Microwave, Propane Water Heater, Refrigerator, Tankless Water Heater, Trash Compactor, Washer, Washer/Dryer, Wine Refrigerator, Other
  • Other Equipment: Fuel Tank(s), Generator Hookup
  • Above Grade Finished Sq Ft: 2061
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Pocket Doors, Screen Door(s), Sliding Doors
  • Fireplace Features: Great Room, Wood Burning Stove
  • Living Area: 2061
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1

Exterior Features

  • Exterior Features: Fence, Other - See Remarks
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced, Wood
  • View: Mountain(s), Year Round
  • Water Body Name: Lake Adger
  • Waterfront Features: Other - See Remarks
  • Exclusions: Arlo Cameras, Steel firepit, Sauna, dog wash station
  • Construction Type: Hard Stucco
  • Other Structures: Barn(s), Other - See Remarks
  • Patio And Porch Features: Covered, Deck, Other - See Remarks

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway, Attached Garage, Garage Door Opener, Golf Cart Garage, RV Access/Parking

Utilities

  • Heating: Forced Air, Heat Pump, Humidity Control, Wood Stove, Zoned
  • Sewer: Septic Installed
  • Laundry Features: Laundry Closet, Lower Level
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump, Humidity Control, Zoned
  • Utilities: Underground Utilities
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Lake Access, Picnic Area, Walking Trails
  • Association Fee: 1300
  • Association Fee Frequency: Annually
  • Association #2 Fee: 1300
  • Association #2 Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association: Tessier Group
  • Association Name: Tessier Group
  • Association Phone #2: 828-254-9842
  • Phone: 828-254-9842
  • Association Email: service@tessiergroup.com

Association/Amenities

  • Association Annual Expense: 2600.00
  • Association Email 2: service@tessiergroup.com

Schools

  • Middle Or Junior School: Polk
  • HOA Subject To: Required

Lot Info

  • Lot Features: Pasture, Private, Rolling Slope, Wooded, Views, Other - See Remarks
  • Lot Size Units: Acres
  • Parcel Number: P55-479
  • Plat Book Slide: D/1004
  • Horse Amenities: Barn, Hay Storage, Paddocks, Pasture, Riding Trail, Tack Room, Trailer Storage
  • Additional Parcels Description: P55-546
  • Additional Parcels: Yes
  • Zoning Specification: None

Green Features

  • Green Sustainability: Spray Foam Insulation

MLS Schools

  • Elementary School: Sunnyview
  • High School: Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2025
Closed on
Jul 8, 2025
Sold by
Fahnley Joel Alexander and Kim Briant
Bought by
Cheri Campbell Revocable Living Trust and Campbell
Seller's Agent
Christopher Battista
Howard Hanna Beverly-Hanks
Buyer's Agent
Lisa Chester
Howard Hanna Beverly-Hanks
List Price
$950,000
Sold Price
$900,000
Premium/Discount to List
-$50,000
-5.26%
Views
34
Current Estimated Value
$924,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,000
Avg. Annual Appreciation
4.99%

Purchase Details

Closed on
Feb 24, 2020
Sold by
Click Merlean W
Bought by
Fahnley Joel A and Fahnley Kim B

Purchase Details

Closed on
Jul 20, 2007
Sold by
Select Woodworks Llc
Bought by
Click Merlean W

Purchase Details

Closed on
Jun 9, 2005
Sold by
Click James L and Click Merlean W
Bought by
Select Woodwards Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Interest Rate
5.66%
Mortgage Type
Unknown

Purchase Details

Closed on
May 19, 2000
Bought by
Click Merlean W

Purchase Details

Closed on
Dec 6, 1999
Bought by
Click Merlean W
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $900,000 None Listed On Document
Warranty Deed $900,000 None Listed On Document
Warranty Deed $61,500 None Available
Warranty Deed $810,000 None Available
Warranty Deed $64,000 None Available
Deed -- --
Deed $13,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $51,200 Unknown
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2025 07/10/25 Sold $900,000 -5.3% $437 / Sq Ft
06/11/2025 06/11/25 Pending -- -- --
04/29/2025 04/29/25 For Sale $950,000 -- $461 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $3,069 $601,297 $71,150 $530,147
2024 $2,762 $431,771 $61,380 $370,391
2023 $544 $80,050 $54,380 $25,670
2022 $317 $54,380 $54,380 $0
2021 $321 $54,380 $54,380 $0
2020 $406 $64,380 $64,380 $0
2019 $406 $64,380 $64,380 $0
2018 $393 $64,380 $64,380 $0
2017 $384 $77,300 $77,300 $0
2016 $450 $77,300 $77,300 $0
2015 $441 $0 $0 $0
2014 $441 $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4252716

Canopy MLS (Canopy Realtor® Association)

APN: P55-479