NOT LISTED FOR SALE

2707 Lake Adger Pkwy Mill Spring, NC 28756

Mill Spring Area

Estimated Value: $812,000 - $1,225,000

3 Beds
3.5 Baths
3,676 Sq Ft
$276/Sq Ft Est. Value

Sale Details

Date Sold: April 1, 2025

Last sale price $1,167,500 $318 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $5,999 / mo

7 Days on Market

Highlights

  • Equestrian Center
  • Access To Lake
  • Open Floorplan
  • Barn
  • Greenhouse
  • Mountain View

About This Home

As of April 2025

"Sugarloaf Farm" is a 5.76-acre equestrian farm within the coveted Lake Adger Community. On the horsey side, there is a two-stall barn, tack room and hay storage, with two paddocks for rotational grazing with access to 16 miles of riding and walking trails. Three miles away, there is a boat ramp that provides lake entry. The land is gently sloping, and the house is beautifully sited to provide seasonal views of the surrounding mountains. The 3-bedroom house was featured in the Carolina Home and Garden Magazine. There are 3,677 sqft of living area on two levels, plus a wrap-around porch with a screened-in outdoor grill area. The heart of the house is a seamless open-concept design incorporating the living room with a wood-burning fireplace, the dining room, and the kitchen. The spacious primary bedroom includes a sitting area with a gas stove, walk-in closets, and an ensuite bath. The lower level, spanning 1,148 sqft, is a self-contained suite perfect for guests or extended stays.

Last Agent to Sell the Property

Barbara Claussen

Claussen Walters LLC Brokerage Email: barbaraclaussen@me.com License #287330 Listed on: 02/16/2025

Last Buyer's Agent

Lynne Sellers

Howard Hanna Beverly-Hanks License #191117

Howard Hanna Beverly-Hanks

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013

Lot Details

  • Partially Fenced Property
  • Wood Fence
  • Private Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Wooded Lot
  • Property is zoned OPEN

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Transitional Architecture
  • Farmhouse Style Home
  • Cottage
  • Radon Mitigation System

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Propane Fireplace
  • Insulated Windows
  • French Doors
  • Living Room with Fireplace
  • Screened Porch
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Apartment Living Space in Basement
  • Natural lighting in basement

Outdoor Features

  • Access To Lake
  • Greenhouse
  • Outbuilding

Schools

  • Polk Central Elementary School
  • Polk Middle School
  • Polk High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Equestrian Center
  • Paddocks
  • Tack Room
  • Hay Storage
  • Stables
  • Riding Trail

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Propane
  • Underground Utilities
  • Generator Hookup
  • Propane
  • Septic Tank

Additional Features

  • Doors are 32 inches wide or more
  • Separate Entry Quarters

Listing and Financial Details

  • Assessor Parcel Number P55-422

Community Details

Overview

  • Tessier Property Management Association, Phone Number (828) 254-9842
  • Built by New Pointe Builders
  • Highland Farms Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area

Recreation

  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2013

Lot Details

5.76 Acres

HOA Fees

$108 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage, Farmhouse, Transitional, Other
  • Year Built: 2013
  • Restrictions: Livestock Restriction,Signage,Subdivision
  • Second Living Quarters: Interior Connected,Separate Entrance,Separate Kitchen Facilities,Separate Living Quarters
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 317.60
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: barbaraclaussen@me.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Interior Amenities: Breakfast Bar, Built-in Features, Kitchen Island, Open Floorplan, Pantry, Split Bedroom, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2528
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 224
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 565
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 789
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Dryer, Gas Cooktop, Microwave, Oven, Refrigerator, Wall Oven, Washer, Washer/Dryer, Wine Refrigerator
  • Other Equipment: Generator Hookup
  • Above Grade Finished Sq Ft: 2528
  • Accessibility Features: Door Width 32 Inches or More
  • Has Basement: Apartment, Daylight, Exterior Entry, Finished, Full, Interior Entry, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1148
  • Door Features: French Doors
  • Fireplace Features: Gas Starter, Living Room, Primary Bedroom, Propane, Wood Burning
  • Living Area: 3676
  • Window Features: Insulated Window(s)
  • Bedroom Main: 2
  • Bedroom Basement: 1
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Fence
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Fenced, Partial, Wood
  • View: Mountain(s), Winter
  • Water Body Name: Lake Adger
  • Waterfront Features: Boat Ramp – Community, Boat Slip – Community, Paddlesport Launch Site - Community
  • Construction Type: Fiber Cement
  • Other Structures: Barn(s), Greenhouse, Outbuilding
  • Patio And Porch Features: Covered, Enclosed, Porch, Rear Porch, Screened, Wrap Around

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Garage Door Opener

Utilities

  • Heating: Central, Heat Pump, Propane
  • Sewer: Septic Installed
  • Laundry Features: In Basement, Laundry Room, Lower Level, Main Level, Multiple Locations
  • Security: Radon Mitigation System
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Utilities: Electricity Connected, Phone Connected, Propane, Underground Power Lines, Underground Utilities
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Lake Access, Picnic Area, Walking Trails
  • Association Fee: 1300
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Tessier Property Management
  • Phone: 828-254-9842
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 1300.00

Schools

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

Lot Info

  • Lot Features: Cleared, Pasture, Private, Rolling Slope, Wooded, Views
  • Lot Size Units: Acres
  • Parcel Number: P55-422
  • Plat Book Slide: D564
  • Development Status: Completed
  • Horse Amenities: Barn, Equestrian Facilities, Hay Storage, Horses Allowed, Paddocks, Pasture, Riding Trail, Stable(s), Tack Room
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OPEN

Building Info

  • Builder Name: New Pointe Builders

MLS Schools

  • Elementary School: Polk Central
  • High School: Polk

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2025
Closed on
Mar 25, 2025
Sold by
Gould Charles W and Gould Eleanor O
Bought by
Seller's Agent
Barbara Claussen
Claussen Walters LLC
Buyer's Agent
Lynne Sellers
Howard Hanna Beverly-Hanks
List Price
$1,195,000
Sold Price
$1,167,500
Premium/Discount to List
-$27,500
-2.3%
Views
7
Current Estimated Value
$1,013,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$154,500
Avg. Annual Appreciation
-9.51%
Original Mortgage
$250,000
Outstanding Balance
$246,717
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$766,283

Purchase Details

Closed on
May 22, 2002
Bought by
Gould Charles W

Purchase Details

Closed on
Jun 11, 1999
Bought by
Gould Charles W

Purchase Details

Closed on
Jun 1, 1999
Bought by
Gould Charles W
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Mill Spring, NC

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Purchase 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 Buyer Sale Price Title Company
$1,167,500 None Listed On Document
Gould Charles W $47,000 --
Gould Charles W $28,000 --
Gould Charles W -- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $250,000
Previous Owner Gould Charles W $25,000
Previous Owner Gould Charles W $175,000
Previous Owner Gould Charles W $45,000
Source: Public Records

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
04/01/2025 04/01/25 Sold $1,167,500 -2.3% $318 / Sq Ft
02/23/2025 02/23/25 Pending -- -- --
02/16/2025 02/16/25 For Sale $1,195,000 -- $325 / Sq Ft
Source: Canopy MLS

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 $3,938 $771,455 $72,840 $698,615
2024 $3,697 $577,916 $48,560 $529,356
2023 $3,697 $577,916 $48,560 $529,356
2022 $3,443 $577,916 $48,560 $529,356
2021 $3,443 $577,916 $48,560 $529,356
2020 $3,062 $479,947 $58,560 $421,387
2019 $3,002 $479,947 $58,560 $421,387
2018 $2,966 $479,947 $58,560 $421,387
2017 $2,894 $435,283 $75,700 $359,583
2016 $2,626 $435,283 $75,700 $359,583
2015 $2,519 $0 $0 $0
2014 $2,519 $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

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Map

Source: Canopy MLS

MLS Number: 4223529

Canopy MLS

APN: P55-422

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