$48,750
SOLD JUN 1, 2026

Lot 3 Black Gap Rd Franklin, NC 28734

5.38 Acres
$9,061 Price per Acre
234,353 Sq Ft Lot

Sale Details

Date Sold: June 1, 2026

2% Below List Price

102 Days on Market

About This Lot

As of June 2026

This 5.38-acre property is located in the gated community of Rainbow Mountain Development in Franklin, NC. Situated at high elevation, the property offers stunning mountain vistas, with particularly impressive winter views as the foliage clears. The property features two distinct, potential building spots—one on the left side of the road (ideal for a guest home) and another on the right (suitable for a primary residence). Situated in a tranquil, private, and wooded setting, characteristic of the Rainbow Mountain area. It is located near the Appalachian Trail, Standing Indian Campground, and local gem mines.

Last Agent to Sell the Property

Marsha Jones

Elite Mountain Realty, Inc. License #202161 Listed on: 02/02/2026

Last Buyer's Agent

Non Member

Non-Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $189

Lot Details

  • 5.38 Acre Lot
  • Steep Slope

HOA Fees

  • $42 Monthly HOA Fees

Property Views

  • Woods
  • Mountain

Community Details

  • Rainbow Mountain Estates Association

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 6531152305

Property Details

Property Type

Land

Est. Annual Taxes

$189

Lot Details

5.38 Acres

HOA Fees

$42 per month

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 5.38
  • Directions: Take US 64 W / US BYP S US 23 S toward Murphy, Turn left on to Black Gap Rd, Go through the gate and bear left, at log cabin, turn rt. The property is split by the road as you enter the property.
  • PropertySubTypeAdditional: Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Many Trees, Sloped, Views, Steep Slope
  • Topography: Sloping
  • View: Mountain(s), Seasonal View, Trees/Woods
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Exterior Features: None

Utilities

  • Sewer: None
  • Utilities: High Speed Internet Available, None, Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association Name: Rainbow Mountain Estates
  • Association: Yes

Lot Info

  • Parcel #: 6531152305
  • Zoning Description: None

Tax Info

  • Tax Annual Amount: 188.89
  • Tax Lot: 3
  • Tax Year: 2025
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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
06/01/2026 06/01/26 Sold $48,750 -2.5% --
05/15/2026 05/15/26 Pending -- -- --
02/02/2026 02/02/26 For Sale $50,000 -- --
Source: Highlands-Cashiers Board of REALTORS®

Agents Affiliated with this Home

  • M

    Seller's Agent in 2026

    Marsha Jones

    Elite Mountain Realty, Inc.

    (828) 399-1272

    2 in this area

    15 Total Sales

    Marsha Jones
    Section Image

  • N

    Buyer's Agent in 2026

    Non Member

    Non-Member Office

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 1002525

North Carolina Macon County Franklin 28734

Lot 3 Black Gap Rd, Franklin, NC

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