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Mountain Farmland Tract with Pastures
For Sale
$5,500,000

1194 Palmer Road, Mill Spring, NC 28756

LAND - Mill Spring, NC

Property SizeContact for details
Lot Size349.24 Acres
Days on Market49

Property Features for 1194 Palmer Road

General Information

Property type Land
Property subtype Other
Zoning description OPEN
Lot features Cleared, Creek Front, Flood Fringe Area, Green Area, Pasture, Private, Rolling Slope, Steep Slope, Creek/ Stream, Wooded, Views, Waterfall, Waterfront, Wetlands
Elementary school Unspecified
Middle school Unspecified
High school Unspecified
Directions From Asheville, take I-26 East for 30 miles. Take Exit 67 for US-74 East toward Columbus/Shelby. Follow US-74 for 10 miles. Take Exit for NC-108 for Columbus - Tryon and turn left onto NC-108 East. Continue on NC-108 East for approximately 3 miles, then turn left onto Palmer Rd. Follow Palmer Rd to driveway for 1194 Palmer Rd. Look for real estate sign.
Standard status Active
APN P29-19
Lot size 349.24 Acres

Taxes and HOA fees

Tax Description CMB P29-19, P29-20,P29-23
Legal Description CMB P29-19, P29-20,P29-23

Utilities

Water source Well
Water front 1
Listing Agency: Keller Williams Professionals · Keller Williams Realty
Listed By: Joe Scott · License #348645
Added: Jun 28 Changed: Jun 29 Last Checked: Aug 15 at 5:06AM
MLS# 4396705

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This nearly 350-acre mountain land offering includes multiple amenities designed for everyday usability and rural living. The property features a namesake historical water wheel and an existing network of well-maintained roads that provides internal access throughout the tract. Improvements include two 2-bedroom, 2-bath homes and buried power infrastructure. The landscape is laid out with pocket pastures and natural water features, including springs and creeks.

The land is set in the foothills of the Blue Ridge near the neighboring Bright’s Creek community and golf course. Access is available from a paved public road, and the terrain includes broad knobs and ridge tops that can support homesites. The offering also includes areas of pasture that appear partially overgrown, offering the opportunity to re-open and refine usable grazing or equestrian areas.

For buyers and operators seeking a self-contained rural property, the combination of two homes, internal roads, and on-site water features supports a range of private estate, family compound, recreational, and equestrian-oriented uses. With multiple potential homesite locations across the ridge and knob areas, the property can accommodate planning for both present utility and future development decisions while maintaining the privacy and character of a larger mountain tract.

Key Highlights

  • Nearly 350 acres of mountain land in the Blue Ridge foothills
  • Two 2‑bedroom, 2‑bath homes on the property
  • Water source: well

Property Analytics

Current Use

Horse & equestrian properties

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Heavy power
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

Demographics for 28756, NC

4,156
Population
2,375
Households
1.7
Avg Household Size
49
Median Age
19%
College-Educated
87%
High-School Grad
79.3 sq mi
ZIP Area
52
Density / Sq Mi
$54,112
Median Household Income
$36,375
Median Earnings
$662
Median Rent
$275,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Horse & equestrian property - Large mountain property with homes, pocket pastures, springs and creeks, and road access for flexible rural uses.
Where is this horse & equestrian property located?
The property is located at 1194 Palmer Road Mill Spring, NC.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Nearly 350 acres of mountain land in the Blue Ridge foothills; Two 2‑bedroom, 2‑bath homes on the property; Water source: well
More about this property
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