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For sale
    • $3,200,000

    520 Baird Cove Rd, Franklin, NC 28734

    3beds
    --sqft
    : 
    Residential, Townhouse, Current Rental
    Built in 2012
    8.2 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Considerable undeveloped land
    Discover an exceptional multi-family investment opportunity in the heart of Franklin, NC! This remarkable property spans approximately 8.2 acres & is minutes from the vibrant downtown area. It features city sewer & water connections already in place, with additional options for expansion. With a well-balanced portfolio of income-generating properties, this site is positioned for immediate returns & future growth. The property includes 14 rental opportunities: 5 thoughtfully designed 3-bedroom, 2-bathroom townhomes built in 2010, perfect for attracting long-term tenants. There's an 8-unit apartment building built in 2012, each unit with 2 bedrooms & 2 bathrooms, meeting the region's strong rental demand. Additionally, a charming 3-bedroom, 2-bathroom single-family home built in 1954 offers versatility as a primary residence or a short-term rental. With considerable undeveloped land & plans for 17 additional residential units, including 15 townhomes & 2 apartments, investors can maximize returns in this desirable location. Franklin's mountain charm & access to highways make this property a rare find. Seize this opportunity to invest in stunning landscapes of Western North Carolina!
    52 days
    |
    133
    |
    3
    |

    Zillow last checked: 9 hours ago

    Listing updated: March 19, 2026 at 10:40am

    Listed by:

    Vanessa Moore,

    Highlands Sotheby's International Realty (Mls),

    Craig Berry (MLS Only),

    Highlands Sotheby's International Realty (Mls)

    Source: Carolina Smokies MLS,MLS#: 26043206

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: First
      Bedroom 2
      • Level: First
      Bedroom 3
      • Level: First
      Heating
      • Electric
      Cooling
      • Central Electric
      Appliances
      • Included: Dishwasher, Freezer, Microwave, Electric Oven/Range, Refrigerator, Washer, Dryer, Electric Water Heater
      Features
      • Bonus Room, Breakfast Bar, Ceiling Fan(s), Ceramic Tile Bath, Kitchen/FR Combo, Main Level Living, Primary w/Ensuite, Primary on Main Level, Open Floorplan, Other
      • Flooring: Carpet, Some Hardwoods, Ceramic Tile, Combination
      • Windows: Windows-Storm All
      • Basement: Other
      • Attic: None
      • Has fireplace: Yes
      • Fireplace features: Wood Burning
      Interior area
      • Living area range: 4000+ Square Feet
      Video & virtual tour

      Property

      Parking
      • Parking features: Garage-Single Attached, Garage Door Opener, Paved Driveway
      • Attached garage spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Deck, Porch
      • Has view: Yes
      • View description: Short Range View, View-Winter
      Lot
      • Size: 8.2 Acres
      • Features: Level, Level Yard, Within City Limits
      Details
      • Parcel number: 6584495942

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Traditional
      • Property subtype: Residential, Townhouse, Current Rental
      Materials
      • HardiPlank Type, Stone
      • Roof: Shingle
      Condition
      • Year built: 2012

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Crawford Land
      Location
      • Region: Franklin

      Financial & listing details

      • Tax assessed value: $1,851,700
      • Annual tax amount: $9,417
      • Date on market: 1/30/2026
      • Listing terms: Cash,Conventional
      • Road surface type: Paved
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,547/mo

        Price history

        Price history
        DateEventPrice
        1/30/2026Listed for sale$3,200,000
        Source: Carolina Smokies MLS #26043206 Report a problem
        12/3/2022Listed for rent$1,750
        Source: Zillow Rental Manager Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$7,976 -30.5%$1,851,700 -35%
        2024$11,482 +6.3%$2,847,750
        2023$10,801 +29.2%$2,847,750 +70.6%
        2022$8,359 -8.1%$1,669,550
        2021$9,100 +4.9%$1,669,550
        2020$8,678 +2.1%$1,669,550
        2019$8,496 $1,669,550 +1%
        2018$8,496 +6.2%$1,652,840
        2017$7,999 $1,652,840
        2016$7,999 +2.1%$1,652,840
        2015$7,834 +4.3%$1,652,840 +48.5%
        2014$7,512 $1,113,370 -18%
        2013$7,512 $1,357,770

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $16,909/mo
        Principal & interest
        $15762
        Property taxes
        $1147
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          Climate risks

          Neighborhood: 28734

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