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For sale
    • $499,999

    775 Tate Cove Rd, Franklin, NC 28904

    2beds
    --sqft
    : 
    Residential, Cabin
    Built in 2007
    1.13 Acres Lot
    $464,300 Zestimate®
    $--/sqft
    $8/mo HOA

    What's special

    Stacked rock wood-burning fireplaceOverlooking the nantahala riverHardwood floorsFamily roomGranite countertops
    NANTAHALA RIVER FRONT! This is a must-see cozy and inviting 2-bedroom 2 bath log cabin overlooking the Nantahala River. This cabin is located in the coveted Rainbow Springs community, a fisherman's paradise! This parcel owns to the center of the river & has deeded fishing rights to a private section of the Nantahala River (a trout unlimited top 100 stream). This home features a stacked rock wood-burning fireplace, hardwood floors, T&G ceilings, granite countertops, 6-panel wood doors, new in 2025 central Heat and Air. Enjoy setting on one of the double 24 x 8 porches and watch the river roll by. Family Room and large storage/workshop/tackle room on the lower level. US Forest Service borders this property and surrounds the gated Rainbow Springs Community. This is truly a unique area in the Carolina mountains and the Eastern United States. USFS, wildlife, the real vision of the perfect log cabin on a pristine wild river. Private area on river shore to swing and just watch the river. Also has access to Nantahala Lake from down river access point. Most furnishings included.
    4 days
    |
    1,119
    |
    62
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: March 26, 2026 at 12:59pm

    Listed by:

    Michael Peak,

    Mason Peak Mountain Properties, LLC

    Source: Carolina Smokies MLS,MLS#: 26046707

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: Second
      Bedroom 2
      • Level: Second
      Dining room
      • Level: First
      Family room
      • Width: 17.83
      Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Electric, Wood, Heat Pump
      Cooling
      • Central Electric, Heat Pump, Ductless
      Appliances
      • Included: Dishwasher, Microwave, Electric Oven/Range, Refrigerator, Washer, Dryer, Electric Water Heater
      • Laundry: In Basement
      Features
      • Cathedral/Vaulted Ceiling, Ceiling Fan(s), Kitchen/Dining Room, Rec/Game Room, Workshop
      • Flooring: Carpet, Hardwood, Ceramic Tile
      • Doors: Doors-Insulated
      • Windows: Insulated Windows
      • Basement: Full,Finished,Heated,Recreation/Game Room,Workshop,Exterior Entry,Interior Entry,Lower/Terrace,Other
      • Attic: None
      • Has fireplace: Yes
      • Fireplace features: Wood Burning, Stone
      Interior area
      • Living area range: 1001-1200 Square Feet
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      Property

      Parking
      • Parking features: No Garage, Other Carport-See Remarks
      • Has carport: Yes
      Features
      • Patio & porch: Deck, Porch
      • Exterior features: Rustic Appearance
      • Has view: Yes
      • View description: Short Range View, Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: River Front
      Lot
      • Size: 1.13 Acres
      • Features: Adjoins USFS, Elevation over 3000, Hilly/Steep, Private, Wooded
      • Residential vegetation: Heavily Wooded
      Details
      • Parcel number: 651300621741

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Log,Cabin
      • Property subtype: Residential, Cabin
      Materials
      • Log
      • Roof: Metal
      Condition
      • Year built: 2007

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Shared Well

      Community & HOA

      Community
      • Subdivision: Joe Jones/Rainbow Springs
      HOA
      • HOA fee: $100 annually
      Location
      • Region: Franklin

      Financial & listing details

      • Tax assessed value: $177,800
      • Annual tax amount: $935
      • Date on market: 3/25/2026
      • Listing terms: Cash,Conventional
      • Road surface type: Gravel
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        Estimated market value

        $464,300

        $441,000 - $488,000

        $1,669/mo

        Price history

        Price history
        DateEventPrice
        3/25/2026Listed for sale$499,999+126.2%
        Source: Carolina Smokies MLS #26046707 Report a problem
        2/29/2016Sold$221,000+10.5%
        Source: Public Record Report a problem
        1/19/2010Sold$200,000
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$836 $177,800
        2023$836 $177,800
        2022$836 $177,800
        2021$836 $177,800
        2020$836 $177,800
        2019$836 $177,800
        2018-- $177,800 -4.7%
        2016-- $186,647
        2015-- $186,647
        2014-- $186,647

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $2,679/mo
        Principal & interest
        $2484
        Property taxes
        $187
        HOA Fees
        $8
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          Climate risks

          Neighborhood: 28904

          Getting around

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          Car-Dependent
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          Somewhat Bikeable

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