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Lot/land
  • $78,500

    LOT 2 Rainbow Falls Rd, Franklin, NC 28734

    --beds
    --baths
    6.65Acres
    Land, Cleared Lot, Residential
    Built in ----
    6.65 Acres Lot
    $-- Zestimate®
    $--/sqft
    $25/mo HOA

    What's special

    High elevation, waterfall tract at 3,800 feet in Rainbow Falls, roughly 20 minutes from downtown Franklin and just past the Appalachian Trail. The land is surprisingly gentle for this elevation, with several good options for a future homesite. A simple walking path leads from the road into the property and down a new trail to the star of the show: a beautiful stretch of creek with multiple small waterfalls and rock shelves. You get roughly 1,300 feet, about a quarter mile, of creek frontage, and the land across the creek is owned by the property owners association, so you are not looking at another house. On a recent warm day it was 87 in town and 75 on site, so you really feel the cooler air. Access is paved, then well-kept gravel, with power already on the property and no short-term rental restrictions, giving buyers a lot of flexibility for a cabin or future getaway. For buyers chasing cool summer temps and the sound of waterfalls, this is the kind of spot that rarely hits the market.
    20 hours
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    231
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    37
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    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew Jackson,

    Keller Williams Realty Of Franklin

    Source: Carolina Smokies MLS,MLS#: 26047419

      Facts & features

      Property

      Features
      • Has view: Yes
      • On waterfront: Yes
      • Waterfront features: Branch/Stream, Creek, Waterfront
      Lot
      • Size: 6.65 Acres
      • Features: Elev over 3000, Other-See Remarks
      • Topography: Level
      Details
      • Additional structures: None
      • Parcel number: 6531185085

      Utilities & green energy

      • Utilities for property: Underground Utilities

      Community & HOA

      Community
      • Subdivision: Rainbow Falls
      HOA
      • HOA fee: $300 annually
      Location
      • Region: Franklin

      Financial & listing details

      • Annual tax amount: $149
      • Date on market: 6/1/2026
      • Listing terms: Cash
      • Road surface type: Paved, Gravel

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/1/2026Listed for sale$78,500
        Source: Carolina Smokies MLS #26047419 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28734

        Getting around

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