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Sold for $975,000
  • $975,000

    5206 Rainbow Springs Road, Franklin, NC 28734

    3beds
    0baths
    2,000sqft
    Single Family Residence
    Built in 1990
    11.4 Acres Lot
    $1,013,600 Zestimate®
    $488/sqft
    $2,032 Estimated rent

    Home value

    $1,013,600

    $791,000 - $1.30M

    $2,032/mo

    Zestimate® history
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    What's special

    NANTAHALA RIVERFRONT Over 11 acres of exclusive private land on the Upper Nantahala River. Own both sides of the river & adjacent to USFS land. No neighbors & the best fishing in the east. Nice 3 bedroom, 3 bath home with wood floors, stone fireplace, new roof, updated kitchen and baths. Furnished & move in ready. Includes 1 BR guest cottage & utility shed with Polaris ATV & boats included. Nothing like this in western NC. Private gate, no HOA. Located on both sides of the river, Macon & Clay Counties

    Zillow last checked:

    Listing updated:

    Listed by:

    Cynthia Sullivan,

    Old Town Brokers

    Bought with:

    Michael Anderson

    Century 21 Black Bear Realty

    Source: Hive MLS,MLS#: 98534298MLS LogoOriginating MLS: Mountain Lakes Board of REALTORS®

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 0
    • Full bathrooms: 3
    Laundry
    • Level: Main
    Heating
    • Heat Pump, Fireplace(s), Electric
    Cooling
    • Heat Pump
    Appliances
    • Included: Built-In Microwave, Freezer, Washer, Refrigerator, Range, Ice Maker, Dryer, Dishwasher
    • Laundry: Dryer Hookup, Washer Hookup
    Features
    • Central Vacuum, Vaulted Ceiling(s), Solid Surface, Ceiling Fan(s), Furnished, Workshop
    • Flooring: Carpet, Wood, Hardwood
    • Windows: Skylight(s)
    • Basement: None
    • Attic: Attic Fan,None
    • Furnished: Yes
    Interior area
    • Total structure area: 2,000
    • Total interior livable area: 2,000 sqft

    Property

    Parking
    • Parking features: Gravel, Unpaved, No Garage
    Features
    • Levels: Two
    • Patio & porch: Porch
    • Fencing: None
    • Frontage type: River
    Lot
    • Size: 11.40 Acres
    • Features: Wooded
    Details
    • Additional structures: Storage, Outbuilding
    • Parcel number: 6513922645
    • Zoning: Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Crawl Space
    • Roof: Composition
    Condition
    • Year built: 1990

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Cable Available

    Community & neighborhood

    Security
    • Security features: Security System
    Location
    • Region: Franklin
    • Subdivision: Rainbow Springs

    HOA & financial

    HOA
    • Has HOA: Yes
    • Amenities included: RV/Boat Storage, Cable TV

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    4/25/2025Sold$975,000-18.8%$488/sqft
    Source: Hive MLS #98534298 Report a problem
    4/18/2025Pending sale$1,200,000$600/sqft
    Source: Mountain Lakes BOR #151496 Report a problem
    1/17/2025Listing removed$1,200,000$600/sqft
    Source: Mountain Lakes BOR #151496 Report a problem
    12/28/2024Listed for sale$1,200,000$600/sqft
    Source: Mountain Lakes BOR #151496 Report a problem
    10/24/2024Pending sale$1,200,000+133%$600/sqft
    Source: Mountain Lakes BOR #151496 Report a problem
    4/2/2021Sold$515,000-14.2%$258/sqft
    Source: Carolina Smokies MLS #26013250 Report a problem
    1/14/2021Contingent$599,900$300/sqft
    Source: Carolina Smokies MLS #26013250 Report a problem
    1/14/2021Pending sale$599,900$300/sqft
    Source: Franklin Realty Co., Inc. #26013250 Report a problem
    8/3/2020Price change$599,900-7.7%$300/sqft
    Source: Franklin Realty Co., Inc. #26013250 Report a problem
    8/15/2019Listed for sale$649,900+1811.5%$325/sqft
    Source: Franklin Realty Co., Inc. #26013250 Report a problem
    8/29/1988Sold$34,000$17/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$454 $142,570
    2024$454 $142,570
    2023$454 +5.1%$142,570 +55.8%
    2022$432 $91,510
    2021$432 +5.7%$91,510
    2020$409 $91,510
    2019$409 $91,510
    2018$409 $91,510
    2017-- $91,510
    2016-- $91,510
    2015$382 $91,510 -13.5%
    2014$382 $105,750
    2013$382 $105,750

    Find assessor info on the county website

    Neighborhood: 28734

    Nearby schools

    GreatSchools rating
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