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For sale
  • $950,000

    123 River Spring, Sugar Grove, NC 28679

    3beds
    1,776sqft
    : 
    Single Family Residence
    Built in 2019
    1.51 Acres Lot
    $895,000 Zestimate®
    $535/sqft
    $125/mo HOA

    What's special

    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.
    13 days
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    653
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    57
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    Zillow last checked:

    Listing updated:

    Listed by:

    Susan Chaney (980)253-4851,

    EXP Realty LLC

    Source: High Country AOR,MLS#: 261250MLS LogoOriginating 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
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        Estimated market value

        $895,000

        $850,000 - $940,000

        $2,837/mo

        Price history

        DateEventPrice
        4/16/2026Listed for sale$950,000+58.3%$535/sqft
        Source: High Country AOR #261250 Report a problem
        4/13/2021Sold$600,000+14.3%$338/sqft
        Source: High Country AOR #228644 Report a problem
        3/4/2021Contingent$525,000$296/sqft
        Source: High Country AOR #228644 Report a problem
        3/2/2021Listed for sale$525,000+17.4%$296/sqft
        Source: High Country AOR #228644 Report a problem
        10/16/2019Sold$447,000+1017.5%$252/sqft
        Source: High Country AOR #217142 Report a problem
        6/30/2016Sold$40,000$23/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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
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          Climate risks

          Neighborhood: 28679

          Getting around

          0 / 100
          Car-Dependent

          Nearby schools

          GreatSchools rating
          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.

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