For sale

$399,000

965 Franklin Rd, Highlands, NC 28741

2beds

--sqft

N/A

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Single Family Residence

Built in 1960

0.42 Acres Lot

$808,700 Zestimate^®

$--/sqft

$-- HOA

What's special

Waterfront propertyRare lakefront opportunity

Rare opportunity on Mirror Lake in Highlands! This waterfront property offers an exceptional setting directly on the shores of Mirror Lake, less than five minutes from downtown Highlands. The existing home is essentially a tear-down, and being sold " AS-IS" making this a unique opportunity to create a new mountain retreat in one of Highlands’ most desirable locations. The property currently offers an existing building footprint that can provide valuable redevelopment potential, subject to verification and approval by the Town of Highlands and applicable regulations. Enjoy the best of Highlands living with easy access to downtown, Mirror Lake, and the area’s renowned natural attractions. Bridal Veil Falls is approximately 1.5 miles away, as well as numerous scenic waterfalls, hiking trails, and outdoor destinations. A rare lakefront opportunity with tremendous potential in a highly sought-after Highlands location.

9 days
2,511
137

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Other

Level: First

Other

Level: First

Heating

Space Heater, Wood

Cooling

Ceiling Fan(s), Wall Unit(s)

Appliances

Included: Free-Standing Electric Oven, Refrigerator
Laundry: None

Features

Other
Flooring: Wood
Basement: Unfinished
Number of fireplaces: 1
Fireplace features: None

Property

Parking

Parking features: Gravel

Features

Levels: Two
Stories: 2
Patio & porch: Front Porch, Porch
Exterior features: Dock
Has view: Yes
View description: City, Lake, Mountain(s), Panoramic, Trees/Woods, Water
Has water view: Yes
Water view: Lake,Water
Waterfront features: Lake, Lake Front, Waterfront
Body of water: Mirror Lake

Lot

Size: 0.42 Acres
Features: City Lot, Gentle Sloping, Native Plants, Open Lot, Partially Cleared, Paved, Views, Waterfront, Level, Rolling Slope
Topography: Level,Rolling,Sloping

Details

Parcel number: 7540040230
Zoning description: Residential

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Roof: Shingle

Condition

New construction: No
Year built: 1960

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Satellite Internet Available, Water Connected

Community & HOA

Community

Features: None
Subdivision: Dobson Ridge

HOA

Has HOA: No

Location

Region: Highlands

Financial & listing details

Tax assessed value: $630,210
Annual tax amount: $2,839
Date on market: 9/3/2026
Cumulative days on market: 11 days
Road surface type: Asphalt, Gravel

Estimated market value

$808,700

$704,000 - $930,000

$1,814/mo

Price history

Date	Event	Price
9/3/2026	Listed for sale	$399,000-45%
Source: HCMLS #1004069 Report a problem
9/27/2023	Listing removed	$725,000
Source: HCMLS #100958 Report a problem
10/10/2022	Listed for sale	$725,000
Source: HCMLS #100958 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,586	$630,210
2024	$2,586 +0.5%	$630,210
2023	$2,574 -34.3%	$630,210 +56%
2022	$3,916 +58.1%	$404,040
2021	$2,478 +4.3%	$404,040
2020	$2,375 +0.6%	$404,040
2019	$2,362	$404,040 -3.2%
2018	$2,362	$417,290
2017	--	$417,290
2016	--	$417,290
2015	$1,188 +2%	$417,290 +5.7%
2014	$1,165	$394,900
2013	$1,165	$394,900
2012	--	$394,900
2011	--	$394,900
2010	--	$394,900
2009	--	$394,900