
$599,800
4 Beds · 3 Baths · 1,188 Sqft
Active$599,800 · 4 bd · 3 ba · 1188 sqft
BACK ON MARKET - NO FAULT OF SELLER - BUYER FINANCE FELL THROUGH! 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.
Location
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Listed by Engel & Völkers Foothills Longtown · trish.luzzi@evrealestate.com MLS# CAR4307154
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 03/17/2026, 04:24:30 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Information deemed reliable but not guaranteed. Buyer to verify all information.

Compass
Founder of Luxury Communities and a seasoned luxury real estate advisor in Asheville and Western North Carolina. Brian specializes in private gated communities, luxury estates, and second-home destinations, with a strategic and technology-driven approach to matching buyers with the right communities and opportunities.
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