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For sale
    • Price cut: $14.5K (8/17)
    $724,500

    507 Angel Fields Rd, Franklin, NC 28734

    3beds
    3,084sqft
    : 
    $4,333/mo
    Get pre-qualified
    Residential, Cabin
    Built in 2004
    3.18 Acres Lot
    $692,600 Zestimate®
    $235/sqft
    $42/mo HOA

    What's special

    Abundant natural lightDetached garageScenic deckingMature landscapingAttached garageRadiant in-floor heatDrywall interiors
    Elevated mountain luxury awaits in the gated community of Rainbow Falls. Situated on private acreage backing to USFS land, enjoy mature landscaping, azaleas, and a tranquil pond with lily pads. Scenic decking, attached garage, carport, and detached garage complete this one-owner home at nearly 4,000 ft elevation. Custom-built Cypress D log-sided home showcases craftsmanship with SIP construction and poured concrete foundation walls, blending rustic elegance with modern finishes. Drywall interiors, Architectural Series Pella slider doors, and abundant natural light create a warm, upscale feel. The main level highlights a sunroom with peaceful forest views and a kitchen/dining combo with Corian countertops and custom cherry cabinetry, while the living room is anchored by a stunning wood-burning fireplace. Radiant in-floor heat serves as the primary source, complemented by a propane furnace and generator. Designed for flexibility, each level offers a bedroom and bath, including a spacious lofted primary suite with ensuite. The lower level features a bedroom and living space with a flex room ideal for an office or studio. Under 30 mins to BOTH Hayesville & Franklin! A must see!
    125 days
    494
    29

    Zillow last checked:

    Listing updated:

    Listed by:

    Jessica Mason,

    Mason Peak Mountain Properties, LLC

    Source: Carolina Smokies MLS,MLS#: 26047025

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Second
      Bedroom 2
      • Level: First
      Bedroom 3
      • Level: Basement
      Heating
      • Propane, Radiant
      Cooling
      • Central Electric
      Appliances
      • Included: Dishwasher, Microwave, Gas Oven/Range, Refrigerator, Washer, Dryer, Electric Water Heater
      Features
      • Cathedral/Vaulted Ceiling, Ceiling Fan(s), Ceramic Tile Bath, Soaking Tub, Kitchen/Dining Room, Large Master Bedroom, Primary w/Ensuite, Primary on Main Level, Sunroom
      • Flooring: Carpet, Hardwood, Ceramic Tile
      • Doors: Doors-Insulated
      • Windows: Insulated Windows, Screens, Window Treatments
      • Basement: Full,Finished,Heated,Daylight,Exterior Entry,Interior Entry,Washer/Dryer Hook-up,Finished Bath
      • Attic: None
      • Has fireplace: Yes
      • Fireplace features: Wood Burning, Stone
      Interior area
      • Total structure area: 3,084
      • Total interior livable area: 3,084 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Garage-Double Detached, Garage-Single in Basement, Carport-Single Attached, Garage Door Opener
      • Attached garage spaces: 3
      • Carport spaces: 1
      • Covered spaces: 4
      Features
      • Patio & porch: Deck, Screened Porch/Deck
      • Exterior features: Rustic Appearance
      • Has view: Yes
      • View description: Short Range View
      • Waterfront features: Pond, Stream/Creek
      Lot
      • Size: 3.18 Acres
      • Features: Adjoins USFS, Elevation over 3000, Private
      • Residential vegetation: Partially Wooded
      Details
      • Additional structures: Outbuilding/Workshop
      • Parcel number: 652100669653
      • Other equipment: Generator

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Log,Cabin,Custom
      • Property subtype: Residential, Cabin
      Materials
      • Log Siding, Stone
      • Roof: Metal
      Condition
      • Year built: 2004

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well, Private

      Community & HOA

      Community
      • Subdivision: Rainbow Falls
      HOA
      • HOA fee: $500 annually
      Location
      • Region: Franklin

      Financial & listing details

      • Price per square foot: $235/sqft
      • Tax assessed value: $309,400
      • Annual tax amount: $1,554
      • Date on market: 4/27/2026
      • Listing terms: Cash,Conventional,VA Loan
      • Road surface type: Paved, Gravel

        Estimated market value

        $692,600

        $658,000 - $727,000

        $2,621/mo

        Price history

        DateEventPrice
        8/17/2026Price change$724,500-2%$235/sqft
        Source: Carolina Smokies MLS #26047025 Report a problem
        4/27/2026Listed for sale$739,000-1.3%$240/sqft
        Source: Carolina Smokies MLS #26047025 Report a problem
        12/1/2025Listing removed$749,000$243/sqft
        Source: Carolina Smokies MLS #26040975 Report a problem
        7/2/2025Price change$749,000-1.3%$243/sqft
        Source: Carolina Smokies MLS #26040975 Report a problem
        5/20/2025Listed for sale$759,000$246/sqft
        Source: Carolina Smokies MLS #26040975 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,554 +6.9%$309,400
        2024$1,454 $309,400
        2023$1,454 $309,400
        2022$1,454 $309,400
        2021$1,454 $309,400
        2020$1,454 $309,400
        2019$1,454 $309,400
        2018-- $309,400 -7.7%
        2016-- $335,371
        2015-- $335,371
        2014-- $335,371
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 28734

        Getting around

        0 / 100
        Car-Dependent
        2 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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