Lot 3 Black Gap Rd Franklin, NC 28734
Estimated payment $316/month
About This Lot
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.
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
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/02/2026 02/02/26 | For Sale | $50,000 | -- | -- |
Source: Highlands-Cashiers Board of REALTORS®
MLS Number: 1002525
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Ask me questions while you tour the home.