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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
    8.4 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!
    34 days
    |
    164
    |
    6
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    Zillow last checked: 8 hours ago

    Listing updated: February 02, 2026 at 07:01am

    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

    Tour with a local agent

    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: 8.4 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
    Get pre-qualifiedBe ready to make an offer.
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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
    $16,806/mo
    Principal & interest
    $15659
    Property taxes
    $1147

      Climate risks

      Neighborhood: 28734

      Getting around

      15 / 100
      Car-Dependent
      19 / 100
      Somewhat Bikeable

      Nearby schools

      GreatSchools rating

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