$735,000
SOLD OCT 6, 2023

527 Saunders Rd Franklin, NC 28734

29 Acres
$25,740 Price per Acre
1,243,856 Sq Ft Lot

Recently Sold

$792 Per Sq Ft

8% Below List Price

119 Days on Market

Highlights

  • Barn
  • 28.56 Acre Lot
  • No HOA
  • RV Access or Parking
  • Property is near a spring
  • Views

About This Lot

As of October 2023

They aren't making any more land like this! Incredible opportunity for a developer, or a "gentleman's" cattle ranch. 28 gorgeous, rolling acres of pasture land in the heart of Franklin, NC just 2 miles from city limits. Super-gentle paved state-maintained access, with additional easement to upper property. Idyllic setting with serene mountain views. A 1940's vintage farmhouse is included and could be updated for living as you build, guest quarters, rental income, or a sales building for your subdivision. 2 wells installed (1 drilled), 2 septic systems, spring, power already to the property. Two spots are in place for watering cattle, including a heated watering trough, plus the fencing is already there for you! You'll appreciate the nostalgia when you see the old tobacco barn, corn crib, cattle barn & canning room. The highly-desirable Holly Springs location provides fast access to town or to Highlands, Sylva, Clayton, and Asheville areas. Being just outside of the city limits/ETJ area means there are no restrictions - ideal for a large single-family home development, mobile home park, tiny home subdivision, a farmer's dream homestead... wherever your imagination leads!

Last Agent to Sell the Property

Kelly Penland

Bald Head Realty Brokerage Phone: 8283690000 License #276321 Listed on: 05/17/2023

Last Buyer's Agent

Jessica Mason

Mason Peak Mountain Properties, LLC License #284086

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $472

Lot Details

  • 28.56 Acre Lot
  • Property fronts a state road
  • Property is Fully Fenced
  • Open Lot
  • Lot Has A Rolling Slope

Parking

  • Garage
  • RV Access or Parking

Schools

  • Macon Middle School
  • Franklin High School

Farming

  • Barn
  • Pasture

Utilities

  • Spring water is a source of water for the property
  • Well

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 7504393532

Community Details

Overview

  • No Home Owners Association
  • Stream

Recreation

  • Property is near a spring
  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$472

Lot Details

0

Listing Details

  • Property Sub Type: Land,Farm,Rural Acreage-Open
  • Prop. Type: Land
  • Lot Size Acres: 28.555
  • Road Frontage Type: State Road, Other
  • Road Surface Type: Paved, Paved Road
  • Ownership: More than One Year
  • Subdivision Name: None
  • Directions: From Franklin, take 64E/Highlands Road to left on Saunders Road. Property is on the right. Can be accessed from Saunders Road or Spencer Lane. *Must have agent to view.*
  • Garage Yn: Yes
  • Habitable Residence: Yes
  • NAV27_rets_property_type: Land
  • Attribution Contact: 8283690000
  • Special Features: None

Interior Features

  • Possible Use: Residential, Subdevelopment, Farm, Cattle, Double-wide Mobile Home

Exterior Features

  • Fencing: Full
  • Lot Features: Pasture, Open Lot, No Deed Restrictions, Allow RVs, Other
  • Topography: Rolling
  • View: Year Round View
  • View: Yes
  • Waterfront Features: Spring
  • Waterfront Elevation: 2200
  • Other Structures: Barn(s), Garage(s), House As Is, Outbuilding, Other

Utilities

  • Electric: Overhead Electric
  • Electricity On Property: Yes
  • Water Source: Well, Spring

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Franklin
  • Middle Or Junior School: Macon Middle

Lot Info

  • Lot Size Sq Ft: 1243855.8
  • Parcel #: 7504393532

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 472.24
  • Tax Book Number: E-21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2025
Sold by
Peaceful Meadows Tiny Village Llc
Bought by
Egan Timothy
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $70,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 For Sale $289,800 +18.4% $732 / Sq Ft
05/23/2025 05/23/25 For Sale $244,800 -12.5% $617 / Sq Ft
05/23/2025 05/23/25 For Sale $279,800 +12.0% $708 / Sq Ft
05/23/2025 05/23/25 For Sale $249,800 -1.2% $631 / Sq Ft
05/23/2025 05/23/25 For Sale $252,800 -65.6% $637 / Sq Ft
10/06/2023 10/06/23 Sold $735,000 -5.2% $792 / Sq Ft
09/14/2023 09/14/23 Pending -- -- --
09/08/2023 09/08/23 Price Changed $775,000 -3.1% $835 / Sq Ft
05/17/2023 05/17/23 For Sale $799,900 -- $862 / Sq Ft
Source: Carolina Smokies Association 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
2024 $2,103 $571,430 $571,430 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26030494

APN: 7504393663