Nestled on 1.51 acres in the gated River Mill community, this beautifully crafted 2019 mountain retreat offers the perfect blend of modern comfort and natural serenity. With long-range mountain views, pastoral scenery, and access to the Watauga River, this property delivers an ideal High Country lifestyle—whether as a full-time residence, second home, or investment opportunity.
Step inside to an inviting open-concept main level featuring vaulted ceilings, abundant natural light, and warm wood finishes that create a true mountain ambiance. The thoughtfully designed kitchen showcases rich cherry wood countertops, stainless steel appliances, and a gas range, seamlessly connecting to the dining and living areas—perfect for entertaining or cozy nights by the efficient wood-burning stove.
The main level offers two spacious bedrooms, including a primary suite, along with two full baths and a convenient half bath plus laundry. The walkout lower level expands your living space with a second living area, third bedroom and full bath, along with a charming sleeping nook—ideal for guests. An additional unfinished area provides excellent potential for expansion or customization.
Outdoor living is equally impressive, featuring a covered deck, beautifully designed stone patio, and a tranquil water feature—perfect for relaxing or gathering with friends while taking in the surrounding scenery.
Built with quality and efficiency in mind, this home includes a Superior Wall foundation, spray foam insulation, and zoned heating and cooling. Located in a sought-after gated community with river and pond access, and with both short- and long-term rentals permitted, this property offers strong income potential alongside its lifestyle appeal.
A rare opportunity to own a turnkey mountain home with views, water access, and versatility—just minutes from Boone and Valle Crucis.
For sale
$950,000
123 River Spring, Sugar Grove, NC 28679
3beds
1,776sqft
Est.:
Single Family Residence
Built in 2019
1.51 Acres Lot
$895,000 Zestimate®
$535/sqft
$125/mo HOA
What's special
- 13 days |
- 653 |
- 57 |
Zillow last checked:
Listing updated:
Listed by:
Susan Chaney (980)253-4851,
EXP Realty LLC
Source: High Country AOR,MLS#: 261250
Originating MLS: High Country Association of Realtors Inc.
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Electric Water Heater
- Laundry: Main Level
Features
- Attic, Carbon Monoxide Detector, Furnished, Vaulted Ceiling(s)
- Windows: Casement Window(s), Double Hung, Double Pane Windows, Screens
- Basement: Finished,Interior Entry,Partially Finished,Walk-Out Access
- Attic: Floored
- Number of fireplaces: 1
- Fireplace features: One, Free Standing, Wood Burning, Insert, Wood BurningStove
- Furnished: Yes
Interior area
- Total structure area: 2,408
- Total interior livable area: 1,776 sqft
- Finished area above ground: 1,204
- Finished area below ground: 572
Property
Parking
- Parking features: Driveway, Gravel, No Garage, Private
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Wrap Around
- Exterior features: Fire Pit, Gravel Driveway
- Has view: Yes
- View description: Long Range, Mountain(s), Pasture
- Waterfront features: River Access, Pond
Lot
- Size: 1.51 Acres
Details
- Parcel number: 1961784414000
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage,Craftsman
- Property subtype: Single Family Residence
Materials
- Cedar, Wood Siding, Wood Frame
- Foundation: Basement
- Roof: Architectural,Shingle
Condition
- Year built: 2019
Utilities & green energy
- Sewer: Septic Permit 3 Bedroom
- Water: Shared Well
- Utilities for property: High Speed Internet Available
Community & HOA
Community
- Features: Fishing, Gated, River, Long Term Rental Allowed, Short Term Rental Allowed
- Security: Closed Circuit Camera(s)
- Subdivision: River Mill
HOA
- Has HOA: Yes
- HOA fee: $1,500 annually
Location
- Region: Sugar Grove
Financial & listing details
- Price per square foot: $535/sqft
- Tax assessed value: $624,800
- Annual tax amount: $2,414
- Date on market: 4/15/2026
- Listing terms: Cash,Conventional,FHA,New Loan,Trade,USDA Loan,VA Loan
- Road surface type: Gravel
Estimated market value
$895,000
$850,000 - $940,000
$2,837/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2026 | Listed for sale | $950,000+58.3%$535/sqft |
Source: | ||
| 4/13/2021 | Sold | $600,000+14.3%$338/sqft |
Source: | ||
| 3/4/2021 | Contingent | $525,000$296/sqft |
Source: | ||
| 3/2/2021 | Listed for sale | $525,000+17.4%$296/sqft |
Source: | ||
| 10/16/2019 | Sold | $447,000+1017.5%$252/sqft |
Source: | ||
| 6/30/2016 | Sold | $40,000$23/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,402 | $624,800 |
| 2023 | $2,402 +1% | $624,800 |
| 2022 | $2,379 +44.6% | $624,800 +80.8% |
| 2021 | $1,646 | $345,600 |
| 2020 | $1,646 +682.9% | $345,600 +644.8% |
| 2019 | $210 | $46,400 |
| 2018 | $210 +12.4% | $46,400 |
| 2017 | $187 +11% | $46,400 -58.9% |
| 2013 | $168 | $112,800 |
| 2012 | -- | $112,800 |
| 2011 | -- | $112,800 |
Find assessor info on the county website
Monthly payment
Est. payment
$5,063/mo
Principal & interest
$4613
Property taxes
$325
HOA Fees
$125
More affordability tools
Climate risks
Neighborhood: 28679
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 7/10Cove Creek ElementaryGrades: PK-8Distance: 4.3 mi
- 8/10Watauga HighGrades: 9-12Distance: 9.8 mi
Schools provided by the listing agent
- Elementary: Cove Creek
- High: Watauga
Source: High Country AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Watauga County
- Sugar Grove
- 28679
- 123 River Spring






