21405 Parks Mill Road
Abingdon, VA, 24211 $ 699,000
Bedrooms-- Baths-- Sq 2,100 Monthly Estimate*
$ 4,304
for $699,000. This 2,100 square foot building was built in 2003 on a lot size of 7.47.
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.
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FeaturesGeneralSewer Septic Tank
Heating Heat Pump
Cooling Heat Pump
Utilities Electricity Connected Water Connected
Roof Metal
Development Status Infrastructure In Raw Land
Zoning A2
Construction Materials Wood Siding
Year Built 2003
Electric Other
Business Type Bar/Tavern/Lounge Historical Hotel/Motel Professional Service
County Washington
New Construction N
Property Type Commercial Sale
HOA N
Subdivision Name Not In Subdivision
Garage Y/N N
Status Active
Directions From VA-75 S continue for 3.1 miles. Turn left onto Parks Mill Road continue for 1.6 miles. Destination will be on the left. Please use secondary driveway to enter the property located directly in fr
City Abingdon
MLS Area 501 - Washington VA
Lot Size Units Acres
Lot Size Square Feet 325393.2
Carport Y/N N
Land Lease Y/N N
Property Condition Average Fixer Updated/Remodeled
Lease Renewal Y/N N
MLS Area Minor 501 - Washington VA
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Conventional True
Wood siding True
Cash True
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ExteriorWater Source Public
Total Parking 20.0
Lot Size Area 7.47
Spa N
Building Area Total 5880.0
Lot Dimensions Per Deed
Lot Size Acres 7.47
Road Frontage Type County Road
Other Equipment Additional Building(s) Dryer Exterior Lights Handicap Access Part Fenced Range Refrigerator Washer
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorAir Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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* Excluded FeaturesList ByPeyton HubbleListing Agent
Remax Cavaliers - AbingdonBroker
phubble.realtor@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,304
- Monthly Property Taxes
- $120
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Abingdon, VA
Average List Price $491,333
Percent of Sale Price 30%
About Abingdon, VA 8,078 Population
11% Since 2002
$ 37,236 Median Income
42.98 Median Age
20% Households with Children
Trends Information provided by ATTOM Data Solutions.
857276 Elementary School
857482 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/31/2026 | $699,000 | | Listed Price |