$528,000
SOLD MAY 5, 2026

773 Tate Cove Rd Hayesville, NC 28904

2 Beds
2 Baths
-- Sq Ft
3.27 Acres Lot

Sale Details

Date Sold: May 5, 2026

10% Below List Price

30 Days on Market

Highlights

  • River Front
  • 3.27 Acre Lot
  • Heavily Wooded Lot
  • Custom Home
  • Open Floorplan
  • Deck

About This Home

As of May 2026

Here is your opportunity to own a rare, self-reliant mountain retreat with direct access to the trophy trout waters of the Nantahala River—just steps from your door. Reach this secluded 2BR/2BA cabin by gated entry & by fording the river, arriving at a high-ground haven designed for comfort and resilience. Once inside, features such as reclaimed wood walls, ceilings, and brick fireplace, only add to the unique cabin feel of the interior. Along with an open-concept eat-in kitchen, a cozy primary en-suite with oversized walk-in shower, and an adjoining functional laundry room. Also a second bath that features a clawfoot soaking tub. Proceed up to the spacious loft with ample room to sleep four or more, making it ideal for guests or group getaways. The covered front porch overlooks the river below, while the backyard fire pit and a custom stairway to planned river access provide year-round connection to the outdoors. Offered Fully furnished (with minor exclusions), this property make's the perfect base for anglers, off-grid enthusiasts, or anyone seeking peace, privacy, and unmatched access to wild waters. A once-in-a-lifetime opportunity to own a secure foothold in nature's backyard.

Last Agent to Sell the Property

Michael Peak

Mason Peak Mountain Properties, LLC Brokerage Phone: 8286341615 License #308526 Listed on: 03/10/2026

Last Buyer's Agent

Marty Kimsey

RE/MAX Elite Realty License #53843

RE/MAX Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,227

Year Built

  • Built in 2010

Lot Details

  • 3.27 Acre Lot
  • River Front
  • Private Lot
  • Heavily Wooded Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Custom Home
  • Traditional Architecture
  • Rustic Architecture
  • Cabin
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Furnished
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors
  • Living Area on First Floor
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Water Views
  • Crawl Space

Kitchen

  • Open to Family Room
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Freestanding Bathtub
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish

Community Details

  • Rainbow Springs Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 651300623644

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,227

Year Built

Built in 2010

Lot Details

3.27 Acres

HOA Fees

$8 per month

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 3.27
  • Ownership: More than One Year
  • Subdivision Name: Rainbow Springs
  • Directions: From Franklin take 64 W to Rainbow Springs Rd on Right. Drive 5 miles to Water Gauge Rd. on (L) Cross small creek and come up to security gate. Gate code and home lock access provided with scheduled approval. 4WD/AWD to cross improved river ford to reach property.
  • Architectural Style: Traditional, Cabin, Custom
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Year Built: 2010
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • NAV27_AllowsVacationRentalYN: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Electric Water Heater, Dishwasher, Exhaust Fan, Microwave, Gas Oven/Range, Refrigerator, Washer, Dryer
  • Other Equipment: Satellite Dish
  • Has Basement: None, Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Doors-Insulated
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Cathedral/Vaulted Ceiling, Kitchen/Dining Room, Kitchen/FR Combo, Main Level Living, Primary w/Ensuite, Primary on Main Level, Open Floorplan
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: Second
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First

Exterior Features

  • Lot Features: Adjoins USFS, Elevation over 3000, Private, Other-See Remarks
  • View: Water
  • View: Yes
  • Waterfront Features: River Access, River Front
  • Waterfront: Yes
  • Home Warranty: No
  • Waterfront Elevation: 3140
  • Construction Type: Wood Siding
  • Exterior Features: Rustic Appearance, Other
  • Patio And Porch Features: Deck
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, None-Carport

Utilities

  • Laundry Features: First Level
  • Cooling: Central Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Propane, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well, Private
  • Gas Company: Propane Tank: Leased

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 142441.2
  • Parcel #: 651300623644

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1226.59
  • Tax Book Number: 448

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2026
Closed on
May 4, 2026
Sold by
Bought by
Seller's Agent
Michael Peak
Mason Peak Mountain Properties, LLC
Buyer's Agent
Marty Kimsey
RE/MAX Elite Realty
List Price
$585,000
Sold Price
$528,000
Premium/Discount to List
-$57,000
-9.74%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
138.23%

Purchase Details

Listed on
Jun 19, 2020
Closed on
Dec 29, 2020
Sold by
Bought by
Seller's Agent
Marsha Ramey
Poss Realty
Buyer's Agent
Michael Peak
Keller Williams Realty Of Franklin
List Price
$345,000
Sold Price
$345,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%

Purchase Details

Closed on
Sep 15, 2016
Sold by
Bought by

Purchase Details

Closed on
Jul 20, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Type Sale Price Title Company
Warranty Deed $528,000 None Listed On Document
Warranty Deed $345,000 None Listed On Document
Warranty Deed $345,000 None Listed On Document
Warranty Deed $250,000 None Available
Warranty Deed $133,000 --
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Previous Owner $106,400 Purchase Money Mortgage
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 Prior Sale
05/05/2026 05/05/26 Sold $528,000 -9.7% --
04/09/2026 04/09/26 Pending -- -- --
03/10/2026 03/10/26 For Sale $585,000 +69.6% --
12/30/2020 12/30/20 Sold $345,000 0.0% -- View Prior Sale
11/30/2020 11/30/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $345,000 -- --
Source: Carolina Smokies Association of REALTORS®

Tax 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.

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 $845 $158,600 $41,600 $117,000
2024 $845 $158,600 $41,600 $117,000
2023 $193 $158,600 $41,600 $117,000
2022 $745 $158,600 $41,600 $117,000
2021 $745 $158,600 $41,600 $117,000
2020 $745 $158,600 $41,600 $117,000
2019 $745 $158,600 $41,600 $117,000
2018 $745 $158,600 $41,600 $117,000
2016 -- $159,092 $43,000 $116,092
2015 -- $159,092 $43,000 $116,092
2014 -- $159,092 $43,000 $116,092
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26046555

APN: 651300-62-3644

Your Personal Tour Guide

Ask me questions while you tour the home.