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Off market
  • $435,000

    614 Waterfall Dr, Franklin, NC 28734

    3beds
    1,200sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $435,000 Zestimate®
    $363/sqft
    $1,692 Estimated rent

    Home value

    $435,000

    $396,000 - $474,000

    $1,692/mo

    Zestimate® history
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    $2,492/mo

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    $2,492/mo

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    What's special

    Property is provided unfurnished. (preferred qualifications listed at the bottom) ATTENTION: LOCATION was recently corrected in map system and other apps. The ONLY entrance to this neighborhood is from the intersection off Highlands Rd and Deal Farm Circle. Exxon is across from this entrance at 6241 Highlands Rd. (Hwy 64), Franklin NC. From here, Turn onto DEAL FARM Cir. Look for the CORUNDUM HILL ESTATES subdivision sign AND proceed up the hill about 6/10 of a mile on CORUNDUM HILL RD. at the first branch stay RIGHT which becomes MTN LAUREL DRIVE or Road (depending on your Map Application). TURN RIGHT on to WATERFALL DRIVE, a scenic tree-canopy drive for about 6/10 of a mile. Look for the 614 Welcome sign. It is the only driveway entrance on your LEFT. Proceed up the driveway, there is plenty of room to turn around. Camera system is in place. :-) DESCRIPTION: Located in the peaceful, quiet community of Corundum Hill Estates. This year-round mountain vista cabinesque house is a 3 bedroom, 2 bath, 1,200 square foot slice of heaven. You can be secure knowing the whole home generator will provide electricity during outages. It has a loft bonus area upstairs with a private bedroom (queen bed in pictures) and a bathroom. Two bedrooms (King beds in pictures) and a bath are on the main floor. Only one step to enter the main entrance. The kitchen includes a stainless-steel side-by-side refrigerator with ice & water dispenser, gas range/oven, microwave and dishwasher. A gas fireplace is set in a handsome floor-to-ceiling stone surrounding. The home features beautiful interior tongue-and-groove pine walls. Flooring is vinyl plank on the main floor and carpet in the bedrooms, loft and sunroom. There is a large unfinished basement (pictures coming soon) that features a single-car garage, laundry area (front-load washer and dryer included), a work-shop area, and extra space for storage. The large, mostly covered, deck is perfect for relaxing while enjoying stunning valley and layered mountain views. Great for entertaining guests! Enjoy s'mores in the custom fire pit below and privacy on the 6+ mostly wooded acres. Includes various fruit trees, grape vines and blueberries. Convenient to Franklin (15 min), Highlands (30 min), and Sylva (40 min) you will have easy access via Highlands/Franklin Road. You are minutes from gorgeous water views on the Cullasaja River--including Dry Falls, Quarry Falls ("bust your butt falls") and Bridal Veil Falls. Several hiking trails are off Highlands Rd as well. The community has a Road Association that maintains our roads in great condition. This home is 1.2 miles up Corundum Hill (part of Higdon Mountain), which is off Highlands Road. The first 6/10th are on asphalt, then Waterfall Dr for 6/10th is on a well-maintained hard-packed gravel road lined by a canopy of trees (very calm country drive that I enjoy). It's also a great, mostly flat road for walking; few homes are down Waterfall Drive. You will have the entire home and will be working directly with the owner. I have been managing my own properties since 2006. - David Note: Regarding cost & fees section for "Gas". Upon completion of the lease and move-out, tenant is responsible to return the LP Gas level to the same % as on the start of lease (fyi - max cost to refill tank would be about $770 @ $2.99/gal). Tenant is responsible for filling the LP as needed during the lease. Preferred qualifications: Retired or two years at your current employer (unless for career advancement, disabled or other protected income source). Income 2.75 times the rent (negotiable). Near 600+ credit score (negotiable). Qualified guest will be responsible for all utilities (gas/electric - the home is on a good private well with a septic system), internet, security devices. Starlink works at this location, other internet options may be available. No smoking or vaping inside. No pets. Will require a phone conversation, application, and Zillow background report. Renters insurance required. Start date is negotiable. Lawn maintenance is required by renter or may be included for an additional $150 rent per month (main lawn every 2-weeks during growing season, upper and lower areas 3-4 times per year). First lease will end on September 30, 2026 then renew for 1 year thereafter. No pets. Renter is responsible for obtaining and paying for electric (Duke) and gas (Tugalo). Partial security deposit of $500 required to reserve home (non-refundable, unless a new renter is found for the start date), $1,000 balance due before start date. First month's rent due prior to start date. Total due prior to move-in: $3,290. No smoking or vaping allowed inside or within 10 feet of house openings. Start date is negotiable.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Heat Pump, Fireplace
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Carpet, Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,200 sqft

    Property

    Parking
    • Parking features: Attached, Garage, Off Street
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Exterior features: Bicycle storage, Electric Vehicle Charging Station, Electricity not included in rent, Gas not included in rent, Utilities fee required
    Details
    • Parcel number: 7513960693

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & neighborhood

    Location
    • Region: Franklin

    HOA & financial

    Other fees
    • Deposit fee: $1,500

    Other

    Other facts
    • Available date: 01/02/2026

    Price history

    DateEventPrice
    12/20/2025Listing removed$1,790$1/sqft
    Source: Zillow Rentals Report a problem
    11/27/2025Price change$1,790-5.3%$1/sqft
    Source: Zillow Rentals Report a problem
    10/8/2025Listed for rent$1,890$2/sqft
    Source: Zillow Rentals Report a problem
    1/20/2022Sold$335,000-4.3%$279/sqft
    Source: Carolina Smokies MLS #26021410 Report a problem
    12/7/2021Contingent$349,900$292/sqft
    Source: Carolina Smokies MLS #26021410 Report a problem
    11/30/2021Price change$349,900-5.2%$292/sqft
    Source: Carolina Smokies MLS #26021410 Report a problem
    11/14/2021Listed for sale$369,000$308/sqft
    Source: Carolina Smokies MLS #26021410 Report a problem
    10/26/2021Contingent$369,000$308/sqft
    Source: Carolina Smokies MLS #26021410 Report a problem
    10/24/2021Listed for sale$369,000$308/sqft
    Source: Carolina Smokies MLS #26021410 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,199 $339,250
    2024$1,199 +1%$339,250
    2023$1,187 +60.2%$339,250 +153.1%
    2022$741 +3%$134,040
    2021$719 +24.6%$134,040
    2020$577 $134,040
    2019$577 $134,040 -21.4%
    2018$577 -26.2%$170,640
    2017$782 $170,640
    2016$782 $170,640
    2015$782 +3%$170,640 -29.7%
    2014$759 $242,840
    2013$759 $242,840
    2012-- $242,840
    2011-- $242,840
    2010-- $242,840
    2009-- $242,840

    Find assessor info on the county website

    Neighborhood: 28734

    Nearby schools

    GreatSchools rating
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