$274,000

37 Peninsula Dr Mill Spring, NC 28756

Estimated payment $1,613/month

Total Views 139
1.1 Acres
$249,091 Price per Acre
47,916 Sq Ft Lot

Highlights

  • Access To Lake
  • Waterfront
  • Wooded Lot
  • Gated Community
  • Private Lot
  • Trails

About This Lot

MOUNTAINS, LAKE, AND PERMIT TO BUILD A PRIVATE FLOATING DOCK! 350+ FT OF WATER FRONT!
This property has it al! This water front lot offers expansive views of pristine mountains and a peaceful lake, creating an idyllic backdrop for your dream home. Experience the ultimate in privacy and seclusion on this spacious lot, where natures beauty is right outside your doorstep. Enjoy miles of walking trails. Lake Adger is renowned for its tranquility and charm, providing a serene environment for those seeking a retreat from the hustle and bustle of city life.
Whether you're a nature enthusiast or simply crave a peaceful setting, this property delivers on every level. Lake Adger is a 438 acre lake with 14 miles of shoreline. It is a planned community with miles of equestrian/walking trails. It is located near the Tryon International Equestrian Center, Lake Lure, Hendersonville NC and Spartanburg Greenville SC. Contact us today for your tour and make this exceptional water front lot your own.

Listing Agent

Rachel Smith

Jim Smith & Associates Inc Brokerage Email: racheljsmith@jimsmithrealtors.com License #165661 Listed on: 01/22/2026

Property Details

Property Type

  • Land

Lot Details

  • 1.1 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Private Lot
  • Sloped Lot
  • Wooded Lot
  • Possible uses of the property include Recreational, Residential
  • Property is zoned OPEN

HOA Fees

  • $108 Monthly HOA Fees

Property Views

  • Water
  • Mountain

Schools

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

Utilities

  • Shared Well
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number P54-247

Community Details

Overview

  • Tessier Property Management Association, Phone Number (828) 398-5272
  • Lake Adger Subdivision
  • Mandatory home owners association

Recreation

  • Trails
  • Access To Lake

Security

  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Geocode Confidence: High
  • Attribution Contact: racheljsmith@jimsmithrealtors.com
  • Special Features: None

Interior Features

  • Possible Use: Recreational, Residential

Exterior Features

  • Pool Private: No
  • View: Mountain(s), Water, Year Round
  • Water Body Name: Lake Adger
  • Waterfront Features: None

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Gated, Lake Access, Walking Trails
  • Association Fee: 1300
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Tessier Property Management
  • Phone: 828-398-5272
  • Association: Yes
  • Association Email: service@tessiergroup.com

Association/Amenities

  • Association Annual Expense: 1300.00

Schools

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

Lot Info

  • Lot Features: Private, Sloped, Waterfront, Wooded
  • Lot Size Units: Acres
  • Parcel Number: P54-247
  • Can Be Subdivided: 0
  • Lot Size Acres: 1.1
  • Additional Parcels: No
  • Zoning Specification: OPEN

MLS Schools

  • Elementary School: Polk Central
  • High School: Polk

Map

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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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $980 $195,000 $195,000 $0
2024 $647 $100,600 $100,600 $0
2023 $647 $100,600 $100,600 $0
2022 $627 $100,600 $100,600 $0
2021 $627 $100,600 $100,600 $0
2020 $1,153 $176,000 $176,000 $0
2019 $1,153 $176,000 $176,000 $0
2018 $1,065 $176,000 $176,000 $0
2017 $1,065 $351,500 $351,500 $0
2016 $2,058 $351,500 $351,500 $0
2015 $1,950 $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2026 01/22/26 For Sale $274,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4338695

Canopy MLS (Canopy Realtor® Association)