Sold for $975,000

$975,000

5206 Rainbow Springs Road, Franklin, NC 28734

3beds

2,000sqft

Single Family Residence

Built in 1990

11.4 Acres Lot

$984,800 Zestimate^®

$488/sqft

$1,721 Estimated rent

Home value

$984,800

$778,000 - $1.24M

$1,721/mo

Zestimate^® history

Owner options

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$1,721/mo

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$1,721/mo

Rent Zestimate^®

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$5,617/mo

Est. payment

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$5,617/mo

Est. payment

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What's special

NANTAHALA RIVERFRONT Over 11 acres of exclusive private land on the Upper Nantahala River. Own both sides of the river & adjacent to USFS land. No neighbors & the best fishing in the east. Nice 3 bedroom, 3 bath home with wood floors, stone fireplace, new roof, updated kitchen and baths. Furnished & move in ready. Includes 1 BR guest cottage & utility shed with Polaris ATV & boats included. Nothing like this in western NC. Private gate, no HOA. Located on both sides of the river, Macon & Clay Counties

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Rooms

Room types: Laundry

Laundry

Level: Main

Heating

Heat Pump, Fireplace(s), Electric

Cooling

Heat Pump

Appliances

Included: Built-In Microwave, Freezer, Washer, Refrigerator, Range, Ice Maker, Dryer, Dishwasher
Laundry: Dryer Hookup, Washer Hookup

Features

Central Vacuum, Vaulted Ceiling(s), Solid Surface, Ceiling Fan(s), Furnished, Workshop
Flooring: Carpet, Wood, Hardwood
Windows: Skylight(s)
Basement: None
Attic: Attic Fan,None
Furnished: Yes

Interior area

Total structure area: 2,000
Total interior livable area: 2,000 sqft

Property

Parking

Parking features: Gravel, Unpaved, No Garage

Features

Levels: Two
Patio & porch: Porch
Fencing: None
On waterfront: Yes
Frontage type: River

Lot

Size: 11.4 Acres
Features: Wooded

Details

Additional structures: Storage, Outbuilding
Parcel number: 6513922645
Zoning: Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Wood Siding
Foundation: Crawl Space
Roof: Composition

Condition

Year built: 1990

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Cable Available

Community & HOA

Community

Security: Security System
Subdivision: Rainbow Springs

HOA

Has HOA: Yes
Amenities included: RV/Boat Storage, Cable TV

Location

Region: Franklin

Financial & listing details

Price per square foot: $488/sqft
Tax assessed value: $142,570
Annual tax amount: $4,194
Date on market: 10/24/2024
Listing terms: Cash,Conventional

Price history

Date	Event	Price
4/25/2025	Sold	$975,000-18.8%$488/sqft
Source: Hive MLS #98534298 Report a problem
4/18/2025	Pending sale	$1,200,000$600/sqft
Source: Mountain Lakes BOR #151496 Report a problem
1/17/2025	Listing removed	$1,200,000$600/sqft
Source: Mountain Lakes BOR #151496 Report a problem
12/28/2024	Listed for sale	$1,200,000$600/sqft
Source: Mountain Lakes BOR #151496 Report a problem
10/24/2024	Pending sale	$1,200,000+133%$600/sqft
Source: Mountain Lakes BOR #151496 Report a problem
4/2/2021	Sold	$515,000-14.2%$258/sqft
Source: Carolina Smokies MLS #26013250 Report a problem
1/14/2021	Contingent	$599,900$300/sqft
Source: Carolina Smokies MLS #26013250 Report a problem
1/14/2021	Pending sale	$599,900$300/sqft
Source: Franklin Realty Co., Inc. #26013250 Report a problem
8/3/2020	Price change	$599,900-7.7%$300/sqft
Source: Franklin Realty Co., Inc. #26013250 Report a problem
8/15/2019	Listed for sale	$649,900+1811.5%$325/sqft
Source: Franklin Realty Co., Inc. #26013250 Report a problem
8/29/1988	Sold	$34,000$17/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$454	$142,570
2024	$454	$142,570
2023	$454 +5.1%	$142,570 +55.8%
2022	$432	$91,510
2021	$432 +5.7%	$91,510
2020	$409	$91,510
2019	$409	$91,510
2018	$409	$91,510
2017	--	$91,510
2016	--	$91,510
2015	$382	$91,510 -13.5%
2014	$382	$105,750
2013	$382	$105,750