Movoto Real Estate
Sold on 07/07/2026

lot2 Rainbow Falls Rd, Franklin, NC 28734

  • $77,777

    Last sold 07/07/2026 after 35 Days

  • bed

  • bath

  • 6.65

    Acre ($11.6K/Acre)

Lot/Land not for sale
Learn about Franklin's top local Real Estate agents

About lot2 Rainbow Falls Rd

Property type Lot/Land
Neighborhood
HOA fee $67/month
Lot size 6.65 Acre
Property description
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.
Listed by
Listing Agent - Matthew Jackson
Listing Agent Contact: 8285240100
Listing Office - Keller Williams Realty of Franklin
Source: Carolina Smokies Association of REALTORS® mls logo
MLS#26047419 • last updated 5 days ago
Movoto checked Carolina Smokies Association of REALTORS® for data 37 minutes ago
Overview
Virtual Tour N/A
MLS # 26047419
Status Closed
SubType Cleared Lot, Residential, Land
Lot Size (Sqft) 289674
Lot Size (Acres) 6.65
Property Tax 149.88
HOA Fee Annually, 800
Exterior
Lot Features Other-See Remarks, Elev Over 3000
Other Structures None
Location
Waterfront Waterfront, Branch/Stream, Creek
Community Features Gated
Area Cartoogechaye
Subdivision Rainbow Falls
APN 6531185085
Directions From Franklin, Take HWY 64 All The Way To Just Before The County Line. Rainbow Falls GATE Will Be On The Right. Drive Down And Take The Right Fork. Just Past That Is The LO Sign. Reach Out For Detail Walking Instructions.
Lot/ Land Details
Topography Level
Possible Use Residential, Multi-Family, Single Family
Road Frontage Private Road, Property Owners Assoc
Road Responsibility Road Maintenance Agreement
Road Surface Paved, Gravel, Paved Road, Gravel Road
We are not permitted to show value estimates for this property.
  • Jun 2026
    mls logo MLS # 26047419
  • Jun 8, 2026 Pending
  • Jun 1, 2026 Listed
    $78,500 (+67.0%)
  • Oct 2025
    mls logo MLS # 26041917
  • Oct 17, 2025 Pending
  • Aug 22, 2025 Listed
    $49,900
  • lot2 Rainbow Falls Rd
    $77.7K
  • Cartoogechaye
  • 28734
    $359K -8% y/y
  • Franklin
    $359K -8% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
6/10
2/10
4/10
5/10
Source: GreatSchools.org © 2026. All rights reserved.

Around Cartoogechaye

Explore everything this neighborhood has to offer.
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Newest listings in 28734

  • Real Estate
  • NC
  • Macon County
  • Franklin
  • 28734
  • lot2 Rainbow Falls Rd
Meet with a real estate agent today (844) 430-0869
The multiple listing information is provided by CSAR. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
The data relating to real estate for sale on this web site comes in part from the Carolina Smokies Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. ©2026 Carolina Smokies Association of REALTORS®. All rights reserved.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.