NOT LISTED FOR SALE

300 Legacy Ln Franklin, NC 28734

Estimated Value: $699,000 - $4,424,000

3 Beds
5.5 Baths
6,012 Sq Ft
$479/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $2,900,000 $482 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $16,215/month

137 Days on Market

Highlights

  • View of Trees or Woods
  • 60.42 Acre Lot
  • Wooded Lot
  • Built-In Refrigerator
  • Wood Burning Stove
  • Cathedral Ceiling

About This Home

As of April 2021

Only the finest materials, both imported and locally sourced, were hand-selected in this exceptional timber frame estate. Timeless luxury and impeccable craftsmanship rivaled only by 60+ acres of sweeping views, nature and serenity. This pristine mountain home is nestled deep in the Smoky Mountains, yet an easy drive to both Highlands and Franklin. Create year-round diversion with weekend escapes or cherished family traditions. You will not find another home with this extraordinary combination of features in the area. Both grand and intimate, wind you way through the formal English gardens, marvel your surroundings from the terrace in the best outdoor dream space overlooking your pool and 30 miles of long range mountain views. Flowing main level with gourmet kitchen and butlers pantry, incredible master suite, two additional bedrooms and an office. Ascend all three levels by stairs or elevator to access additional living spaces including a large guest apartment, workshop/craft rooms, home gym, 5 attached garage spaces and so much more. Home is accessible by helicopter in conjunction with a municipal airport which can handle up to a Global Express. Two hours by car to ATL.

Last Agent to Sell the Property

Kristie Brennan

Vignette Realty Brokerage Phone: 8283494600 Listed on: 10/03/2020

Last Buyer's Agent

Kristie Brennan

Vignette Realty Brokerage Phone: 8283494600 Listed on: 10/03/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,400

Year Built

  • Built in 2008

Lot Details

  • 60.42 Acre Lot
  • Wooded Lot
  • Garden

Parking

  • 2 Car Attached Garage

Property Views

  • Woods
  • Mountain

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • Elevator
  • Wet Bar
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Basement Fills Entire Space Under The House
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Recirculated Exhaust Fan
  • Built-In Refrigerator
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Water Feature
  • Outdoor Fireplace
  • Fire Pit

Utilities

  • Central Air
  • Heating System Uses Wood
  • Heat Pump System
  • Radiant Heating System
  • Private Water Source
  • Well
  • Tankless Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 60
  • Assessor Parcel Number 7516742146

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,400

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 60.42
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: From Franklin, take 441 N - RIGHT on Rabbit Creek - LEFT on Corbin Cove - RIGHT on Peach Orchard - follow to the top - road dead ends at #60
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 2008
  • Attribution Contact: 8283494600
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Refrigerator, Double Oven, Dryer, Dishwasher, Exhaust Fan, Freezer, Disposal, Gas Oven, Ice Maker, Refrigerator, Tankless Water Heater, Washer, Water Purifier
  • Accessibility Features: Accessible Entrance
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Outside, Wood Burning, Wood BurningStove
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Wet Bar, Breakfast Bar, Ceiling Fan(s), Cathedral Ceiling(s), Central Vacuum, Separate/Formal Dining Room, Eat-in Kitchen, Elevator, Jetted Tub, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior Features

  • Lot Features: Borders National Forest, Subdivided, Wooded
  • View: Mountain(s), Rocks, Trees/Woods
  • View: Yes
  • Construction Type: Brick, Frame, Other, Stone
  • Exterior Features: Balcony, Fire Pit, Garden, Water Feature
  • Other Structures: Barn(s), Shed(s)
  • Patio And Porch Features: Rear Porch, Covered, Front Porch, Patio, Porch, Balcony
  • Roof: Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Two Car Garage, Three Car Garage, Paved

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Floor Furnace, Gas, Radiant, Wood
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Sewer Applied for Permit, Septic Tank
  • Utilities: Cable Available, High Speed Internet Available, Satellite Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Near National Forest
  • Association: No

Lot Info

  • Lot Size Sq Ft: 2631895.2
  • Parcel #: 7516742146
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 7399.81
  • Tax Lot: 60
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2020
Closed on
Mar 20, 2021
Sold by
Murphy Gary J and Murphy Virginia
Bought by
Legacy Lodge Llc
Seller's Agent
Kristie Brennan
Vignette Realty
Buyer's Agent
Kristie Brennan
Vignette Realty
List Price
$3,200,000
Sold Price
$2,900,000
Premium/Discount to List
-$300,000
-9.38%
Current Estimated Value
$2,878,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,796
Avg. Annual Appreciation
-0.17%
Original Mortgage
$2,300,000
Outstanding Balance
$1,344,104
Interest Rate
2.8%
Mortgage Type
Seller Take Back
Estimated Equity
$1,534,100

Purchase Details

Closed on
Jan 11, 2005
Sold by
Cabe Gail Elliott and Cabe Frank Stephen
Bought by
Murphy Gary J and Murphy Virginia
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Legacy Lodge Llc $2,900,000 None Available
Murphy Gary J $168,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Legacy Lodge Llc $2,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2021 04/01/21 Sold $2,900,000 -9.4% $482 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
10/03/2020 10/03/20 For Sale $3,200,000 -- $532 / Sq Ft
Source: Highlands-Cashiers Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,749 $3,102,890 $260,290 $2,842,600
2024 -- $3,102,890 $260,290 $2,842,600
2023 $8,093 $3,102,990 $260,290 $2,842,700
2022 $8,093 $1,693,130 $252,040 $1,441,090
2021 $7,830 $1,698,930 $252,040 $1,446,890
2020 $7,400 $1,698,930 $252,040 $1,446,890
2018 $6,978 $1,705,780 $259,170 $1,446,610
2017 $6,978 $1,705,780 $259,170 $1,446,610
2016 $6,807 $1,705,780 $259,170 $1,446,610
2015 $6,784 $1,705,780 $259,170 $1,446,610
2014 $9,295 $2,974,930 $373,820 $2,601,110
2013 -- $2,984,930 $373,820 $2,611,110
Source: Public Records

Agents Affiliated with this Home

  • Kristie Brennan

    Seller's Agent in 2021

    Kristie Brennan

    Vignette Realty

    (828) 544-1159

    135 in this area

    186 Total Sales

    Kristie Brennan
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 94859

APN: 7516742146

North Carolina Macon County Franklin 28734

300 Legacy Ln, Franklin, NC

This home is located at 300 Legacy Ln, Franklin, NC 28734 since 03 October 2020 and is currently estimated at $2,878,204, approximately $478 per square foot. This property was built in 2008. 300 Legacy Ln is a home located in Macon County with nearby schools including East Franklin Elementary School, Mountain View Intermediate School, and Macon Middle School.

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