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Sold for $500,000
  • $500,000

    775 Tate Cove Rd, Franklin, NC 28904

    2beds
    --sqft
    Residential, Cabin
    Built in 2007
    1.13 Acres Lot
    $500,100 Zestimate®
    $--/sqft
    $1,893 Estimated rent

    Home value

    $500,100

    Estimated sales range

    Not available

    $1,893/mo

    Zestimate® history
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    What's special

    Stacked rock wood-burning fireplaceOverlooking the nantahala riverHardwood floorsFamily roomGranite countertops
    NANTAHALA RIVER FRONT! This is a must-see cozy and inviting 2-bedroom 2 bath log cabin overlooking the Nantahala River. This cabin is located in the coveted Rainbow Springs community, a fisherman's paradise! This parcel owns to the center of the river & has deeded fishing rights to a private section of the Nantahala River (a trout unlimited top 100 stream). This home features a stacked rock wood-burning fireplace, hardwood floors, T&G ceilings, granite countertops, 6-panel wood doors, new in 2025 central Heat and Air. Enjoy setting on one of the double 24 x 8 porches and watch the river roll by. Family Room and large storage/workshop/tackle room on the lower level. US Forest Service borders this property and surrounds the gated Rainbow Springs Community. This is truly a unique area in the Carolina mountains and the Eastern United States. USFS, wildlife, the real vision of the perfect log cabin on a pristine wild river. Private area on river shore to swing and just watch the river. Also has access to Nantahala Lake from down river access point. Most furnishings included.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Peak,

    Mason Peak Mountain Properties, LLC

    Bought with:

    Michael Peak, 308526

    Mason Peak Mountain Properties, LLC

    Source: Carolina Smokies MLS,MLS#: 26046707

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: Second
    Bedroom 2
    • Level: Second
    Dining room
    • Level: First
    Family room
    • Width: 17.83
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Electric, Wood, Heat Pump
    Cooling
    • Central Electric, Heat Pump, Ductless
    Appliances
    • Included: Dishwasher, Microwave, Electric Oven/Range, Refrigerator, Washer, Dryer, Electric Water Heater
    • Laundry: In Basement
    Features
    • Cathedral/Vaulted Ceiling, Ceiling Fan(s), Kitchen/Dining Room, Rec/Game Room, Workshop
    • Flooring: Carpet, Hardwood, Ceramic Tile
    • Doors: Doors-Insulated
    • Windows: Insulated Windows
    • Basement: Full,Finished,Heated,Recreation/Game Room,Workshop,Exterior Entry,Interior Entry,Lower/Terrace,Other
    • Attic: None
    • Has fireplace: Yes
    • Fireplace features: Wood Burning, Stone
    Interior area
    • Living area range: 1001-1200 Square Feet

    Property

    Parking
    • Parking features: No Garage, Other Carport-See Remarks
    • Has carport: Yes
    Features
    • Patio & porch: Deck, Porch
    • Exterior features: Rustic Appearance
    • Has view: Yes
    • View description: Short Range View, Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: River Front
    Lot
    • Size: 1.13 Acres
    • Features: Adjoins USFS, Elevation over 3000, Hilly/Steep, Private, Wooded
    • Residential vegetation: Heavily Wooded
    Details
    • Parcel number: 651300621741

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Log,Cabin
    • Property subtype: Residential, Cabin
    Materials
    • Log
    • Roof: Metal
    Condition
    • Year built: 2007

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Shared Well

    Community & neighborhood

    Location
    • Region: Franklin
    • Subdivision: Joe Jones/Rainbow Springs

    HOA & financial

    HOA
    • HOA fee: $100 annually

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Gravel

    Price history

    DateEventPrice
    5/15/2026Sold$500,000+0%
    Source: Carolina Smokies MLS #26046707 Report a problem
    4/11/2026Contingent$499,999
    Source: Carolina Smokies MLS #26046707 Report a problem
    3/25/2026Listed for sale$499,999+126.2%
    Source: Carolina Smokies MLS #26046707 Report a problem
    2/29/2016Sold$221,000+10.5%
    Source: Public Record Report a problem
    1/19/2010Sold$200,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$836 $177,800
    2023$836 $177,800
    2022$836 $177,800
    2021$836 $177,800
    2020$836 $177,800
    2019$836 $177,800
    2018-- $177,800 -4.7%
    2016-- $186,647
    2015-- $186,647
    2014-- $186,647

    Find assessor info on the county website

    Neighborhood: 28904

    Nearby schools

    GreatSchools rating
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