Charming Equestrian Farm with Mountain Views & Income Potential on 7.76 Acres!
Welcome to 1434 Lake Adger Rd, an idyllic small horse farm nestled in the scenic heart of Mill Spring, NC. This versatile 7.76-acre property that boasts stunning, year-round mountain views, perfectly blending rustic charm, modern comfort, and significant income-generating opportunity. Best of all, it's just 13 miles from the Tryon International Equestrian Center (TIEC)!
The 3-bedroom, 2-bathroom farmhouse radiates character, featuring the original kitchen cabinetry that preserves the home's historic charm. Major modern updates, including a metal roof, new HVAC, gutters, and enhanced drainage and much more, offer peace of mind.
Equestrian Highlights:
Equine-ready facilities including a 120' x 70' approximate riding arena.
Six rubber-matted stalls and a 12' x 36' covered shelter area for year-round functionality.
Excellent potential for boarding income, making it perfect for private use or a small-scale horse business.
Additional large outbuilding and a shelter barn provide ample storage and functionality.
Income Potential:
A detached Accessory Dwelling Unit (ADU) features 1 bedroom and 1 bath, making it ideal for immediate rental income, accommodating guests, or housing a farmhand.
Inside the main home, an open layout is complemented by beautiful Corian countertops, wood stove and cozy living spaces. Every window frames a serene view of the mountains, pastures, or natural surroundings. Whether you seek a tranquil retreat, a smart equestrian investment, or the perfect blend of both, this special property delivers.
Active
Price cut: $25.2K (12/27)
$599,800
1434 Lake Adger Rd, Mill Spring, NC 28756
4beds
1,755sqft
Est.:
Single Family Residence
Built in 1945
7.76 Acres Lot
$-- Zestimate®
$342/sqft
$-- HOA
What's special
Stunning year-round mountain viewsAdditional large outbuildingSix rubber-matted stallsCozy living spacesShelter barnMetal roofBeautiful corian countertops
- 135 days |
- 2,191 |
- 112 |
Zillow last checked: 8 hours ago
Listing updated: February 14, 2026 at 10:43am
Listing Provided by:
Trish Luzzi trish.luzzi@evrealestate.com,
Engel & Völkers Foothills Longtown
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4307154
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 134.04 Square Feet
- Dimensions: 11' 2" X 12' 0"
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bathroom full
- Level: Main
Dining area
- Level: Main
Heating
- Heat Pump
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
- Laundry: Mud Room, Main Level
Features
- Pantry, Walk-In Closet(s), Total Primary Heated Living Area: 1188
- Flooring: Vinyl
- Windows: Insulated Windows
- Has basement: No
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 1,188
- Total interior livable area: 1,755 sqft
- Finished area above ground: 1,188
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch
- Exterior features: Storage
- Fencing: Fenced,Back Yard,Front Yard,Full
- Has view: Yes
- View description: Long Range, Mountain(s), Year Round
Lot
- Size: 7.76 Acres
- Features: Cleared, Corner Lot, Orchard(s), Level, Pasture, Wooded, Views
Details
- Additional structures: Barn(s), Hay Storage, Outbuilding
- Parcel number: P406
- Zoning: OPEN
- Special conditions: Standard
- Horse amenities: Arena, Barn, Boarding Facilities, Hay Storage, Pasture
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Fiber Cement
- Foundation: Crawl Space
- Roof: Metal
Condition
- New construction: No
- Year built: 1945
Utilities & green energy
- Sewer: Septic Installed
- Water: Well
Community & HOA
Community
- Subdivision: none
Location
- Region: Mill Spring
Financial & listing details
- Price per square foot: $342/sqft
- Tax assessed value: $268,025
- Annual tax amount: $1,382
- Date on market: 10/10/2025
- Cumulative days on market: 135 days
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
$2,600/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/27/2025 | Price change | $599,800-4%$342/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4307154 Report a problem | ||
| 10/10/2025 | Listed for sale | $625,000+128.9%$356/sqft |
Source: Canopy MLS as distributed by MLS GRID #4307154 Report a problem | ||
| 6/3/2021 | Sold | $273,000+9.6%$156/sqft |
Source: Canopy MLS as distributed by MLS GRID #3729731 Report a problem | ||
| 4/19/2021 | Pending sale | $249,000$142/sqft |
Source: Canopy MLS as distributed by MLS GRID #3729731 Report a problem | ||
| 4/16/2021 | Listed for sale | $249,000$142/sqft |
Source: Canopy MLS as distributed by MLS GRID #3729731 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,382 +74.3% | $268,025 +127.3% |
| 2024 | $793 | $117,892 |
| 2023 | $793 +3.1% | $117,892 |
| 2022 | $769 | $117,892 |
| 2021 | $769 +24.9% | $117,892 +32.9% |
| 2020 | $616 +6% | $88,678 |
| 2019 | $581 +13.5% | $88,678 |
| 2018 | $512 -4.6% | $88,678 +0.1% |
| 2017 | $537 -3% | $88,611 |
| 2016 | $553 +3.2% | $88,611 |
| 2015 | $536 | -- |
| 2014 | $536 | -- |
| 2013 | $536 +4.2% | -- |
| 2011 | $514 | -- |
| 2010 | $514 | -- |
| 2009 | -- | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,109/mo
Principal & interest
$2819
Property taxes
$290
Climate risks
Neighborhood: 28756
Nearby schools
GreatSchools rating
- 6/10Sunny View Elementary SchoolGrades: PK-5Distance: 2.6 mi
- 4/10Polk County Middle SchoolGrades: 6-8Distance: 5.7 mi
- 4/10Polk County High SchoolGrades: 9-12Distance: 7.3 mi
Schools provided by the listing agent
- Elementary: Polk Central
- Middle: Polk
- High: Polk
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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