NOT LISTED FOR SALE

01 Gem Lake Estates Rd Franklin, NC 28734

Franklin Area
1.24 Acres
-- Price per Acre
54,014 Sq Ft Lot

Sale Details

Date Sold: January 7, 2026

Last sale price $32,000

19 Days on Market

About This Lot

As of January 2026

TWO separate lots with trout pond frontage. Private, wooded and located in Cowee Valley. Come build your vacation home or year-round home. Road into property needs work so 4-wheel or all wheel is recommended.

Last Agent to Sell the Property

Joseph Edmiston, Jr.

Homesmart Expert Realty (Mls Only) Brokerage Phone: 9195837711 License #289420 Listed on: 11/03/2025

Homesmart Expert Realty (Mls Only)

Last Buyer's Agent

Amanda Shannon

RE/MAX Elite Realty License #296024

RE/MAX Elite Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $152

Lot Details

  • 1.24 Acre Lot
  • Lake Front
  • Property fronts a private road

Utilities

  • No Utilities

Community Details

  • No Home Owners Association
  • Gem Lake Estate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6588676118 and 6588675374

Property Details

Property Type

Land

Est. Annual Taxes

$152

Lot Details

1.24 Acres

Listing Details

  • Property Sub Type: Land,Wooded Lot
  • Prop. Type: Land
  • Lot Size Acres: 1.24
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved, Gravel, Paved Road, Gravel Road
  • Ownership: More than One Year
  • Subdivision Name: Gem Lake Estate
  • Directions: 28 North right onto Cowee Creek Rd, Left on Snow hill Falls Rd, left on 2nd Rickman Creek and right on Matlock Creek, turn left onto Gem Lake Estate. Turn left at the top of pavement staying on Gem Lake Estate Rd.
  • Habitable Residence: No
  • NAV27_rets_property_type: Land
  • Special Features: None

Interior Features

  • Possible Use: Residential, Single Family

Exterior Features

  • Lot Features: None
  • View: No
  • Waterfront Features: Waterfront, Lake Front, Lake/Pond
  • Waterfront: Yes
  • Other Structures: None

Utilities

  • Utilities: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 54014.4
  • Parcel #: 6588676118 and 6588675374

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 152
  • Tax Book Number: C-19 J-11
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/07/2026 01/07/26 Sold $32,000 -19.8% --
11/22/2025 11/22/25 Pending -- -- --
11/03/2025 11/03/25 For Sale $39,900 -- --
Source: Carolina Smokies Association of REALTORS®

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26042570

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