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About This Home

This 1-bedroom, 1-bathroom single family at 21405 Parks Mill Road in Abingdon, VA is listed for $699,000 ($832 per sqft). Built in 2003, the home offers 840 sqft of living space on a 7.47 acres lot.

Agent Description

Steeped in history and natural beauty, this extraordinary historic grist mill property-known for generations as Parks Mill-is offered with an existing special use permit and presents a rare opportunity to steward a truly irreplaceable estate. Set amid nearly eight acres of pastoral countryside, this remarkable multi-building compound is a place where past and present converge in quiet harmony.

For centuries, the rushing waters of 15-Mile Creek have shaped life here. Today, deeded water rights convey nearly a mile of creek frontage, where flowing water, mature landscape, and a secluded private waterfall create an atmosphere of rare serenity and romance.

The sound of the water sets the tone throughout the property, lending a timeless calm that feels both grounding and inspiring. The estate has already proven itself as a successful and beloved event venue. Thoughtfully established infrastructure-including parking, utilities, ADA considerations, and multiple bathhouse facilities distributed across the grounds-allows gatherings of up to 300 guests to continue seamlessly under new ownership.

At the heart of the property stands the historic grist mill, dating to the late 1700s, a commanding and soulful structure that anchors the land both visually and historically. While non-habitable and requiring restoration, the mill offers a rare and compelling opportunity for adaptive reuse, lending itself naturally to a restaurant or bar, gallery, wellness pavilion, or intimate lodge-an architectural centerpiece waiting to be reimagined.

Surrounding the mill are three detached buildings constructed in 2003, forming a flexible, compound-style layout. The primary residence functions comfortably as an owner's retreat or caretaker's quarters, while a secondary building with inviting covered porches offers ideal space for guest accommodations, a studio, or a quiet place to gather.

A dedicated bathhouse and utility building further support events, guests, and future wellness or service-oriented uses with ease. The detached nature of the structures, existing utilities, and thoughtful distribution of facilities allow the property to transition effortlessly into a private residential compound, retreat, or multi-generational legacy estate.

Agricultural, mixed-use, and special-use zoning provide meaningful flexibility for hospitality, educational, cultural, or residential visions. A newly permitted septic system installed in 2021 further strengthens the foundation for future development.

Select portions of the floodplain offer additional income potential, with the ability to support up to ten tiny homes on double axles utilizing a dump-and-pump system. Few properties of this caliber remain-an authentic industrial landmark shaped by water, time, and purpose, yet supported by modern infrastructure and a proven history of successful use.

This is more than a property; it is a living piece of history, ready for its next steward to thoughtfully write the next chapter. Information obtained from seller and public records. All information to be verified by buyer and buyer's agent.

Key Features

  • Built in 2003
  • 7.47 acre lot
  • Waterfront

Property Details

1 full
2003

Amenities

WaterfrontHardwoodA/C

Monthly Cost Estimate

$3,738/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,029
Insurance$204

Estimates only. Actual payments may vary.

Location

21405 Parks Mill Road

Abingdon, VA 24211

Not In Subdivision

Property Details

Flooring

TileHardwood

Construction

Wood Siding

Heating

Heat Pump (Heating)

Cooling

Heat Pump

Appliances

DryerRangeRefrigeratorWasher

Questions & Answers

This 1-bedroom, 1-bathroom single family at 21405 Parks Mill Road is listed at $699,000 ($832/sqft). The estimated monthly payment is $3,029 based on 20% down at 6.5% interest.

Key features include: Built in 2003, 7.47 acre lot, Waterfront.

This property is listed by Peyton Hubble and can be reached at 2763567137 or phubble.realtor@gmail.com.

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PH

Peyton Hubble

Agent at REMAX Cavaliers - Abingdon

(276) 356-7137

Listed by REMAX Cavaliers - Abingdon

MLS# 9991199· Source: listhub· Updated 55 days ago

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

21405 Parks Mill Road, Abingdon, VA 24211

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