This 5.38-acre property is located in the gated community of Rainbow Mountain Development in Franklin, NC. Situated at high elevation, the property offers stunning mountain vistas, with particularly impressive winter views as the foliage clears. The property features two distinct, potential building spots—one on the left side of the road (ideal for a guest home) and another on the right (suitable for a primary residence). Situated in a tranquil, private, and wooded setting, characteristic of the Rainbow Mountain area. It is located near the Appalachian Trail, Standing Indian Campground, and local gem mines.
Sold for $48,750
$48,750
lot 3 Black Gap Road, Franklin, NC 28734
--beds
--baths
5.38Acres
Unimproved Land
Built in ----
5.38 Acres Lot
$-- Zestimate®
$--/sqft
$1,293 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,293/mo
Zestimate® history
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List your homeWhat's special
Offers stunning mountain vistasSituated at high elevationParticularly impressive winter views
Zillow last checked:
Listing updated:
Listed by:
Marsha Jones,
Elite Mountain Realty, Inc.
Bought with:
Non Member
Non-Member Office
Source: HCMLS,MLS#: 1002525Originating MLS: Highlands Cashiers Board of Realtors
Facts & features
Property
Features
- Exterior features: None
- Has view: Yes
- View description: Mountain(s), Seasonal View, Trees/Woods
- Waterfront features: None
Lot
- Size: 5.38 Acres
- Features: Many Trees, Sloped, Views, Steep Slope
- Topography: Sloping
Details
- Parcel number: 6531152305
- Zoning description: None
Utilities & green energy
- Sewer: None
- Water: None
- Utilities for property: High Speed Internet Available, None, Sewer Not Available, Water Not Available
Community & HOA
Community
- Features: None
HOA
- Has HOA: Yes
- HOA fee: $500 annually
- HOA name: Rainbow Mountain Estates
Location
- Region: Franklin
Financial & listing details
- Annual tax amount: $188
- Date on market: 2/2/2026
- Cumulative days on market: 103 days
- Listing agreement: Exclusive Right To Sell
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Sold | $48,750-2.5% |
Source: HCMLS #1002525 Report a problem | ||
| 5/23/2026 | Pending sale | $50,000 |
Source: HCMLS #1002525 Report a problem | ||
| 4/25/2026 | Contingent | $50,000 |
Source: HCMLS #1002525 Report a problem | ||
| 2/2/2026 | Listed for sale | $50,000+12.4% |
Source: HCMLS #1002525 Report a problem | ||
| 10/17/2025 | Listing removed | $44,500 |
Source: HCMLS #104529 Report a problem | ||
| 6/3/2025 | Price change | $44,500-19.1% |
Source: HCMLS #104529 Report a problem | ||
| 10/16/2024 | Price change | $55,000-8.3% |
Source: HCMLS #104529 Report a problem | ||
| 6/13/2024 | Listed for sale | $60,000 |
Source: HCMLS #104529 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 28734
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Nearby schools
GreatSchools rating
- 6/10Cartoogechaye ElementaryGrades: PK-4Distance: 9.9 mi
- 6/10Macon Middle SchoolGrades: 7-8Distance: 13.6 mi
- 7/10Macon Early College High SchoolGrades: 9-12Distance: 12.4 mi
- North Carolina
- Macon County
- Franklin
- 28734
- lot 3 Black Gap Road
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