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.
Lot/land
$50,000
lot 3 Black Gap Road, Franklin, NC 28734
--beds
--baths
5.38Acres
Unimproved Land
Built in ----
5.38 Acres Lot
$-- Zestimate®
$--/sqft
$42/mo HOA
What's special
Offers stunning mountain vistasSituated at high elevationParticularly impressive winter views
- 61 days |
- 181 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: February 02, 2026 at 11:36am
Listed by:
Marsha Jones,
Elite Mountain Realty, Inc.
Source: HCMLS,MLS#: 1002525Originating MLS: Highlands Cashiers Board of Realtors
Facts & features
Property
Features
- Exterior features: None
- Has view: Yes
- View description: Mountain(s), Seasonal View, Trees/Woods
- Waterfront features: None
Lot
- Size: 5.38 Acres
- Features: Many Trees, Sloped, Views, Steep Slope
- Topography: Sloping
Details
- Parcel number: 6531152305
- Zoning description: None
Utilities & green energy
- Sewer: None
- Water: None
- Utilities for property: High Speed Internet Available, None, Sewer Not Available, Water Not Available
Community & HOA
Community
- Features: None
HOA
- Has HOA: Yes
- HOA fee: $500 annually
- HOA name: Rainbow Mountain Estates
Location
- Region: Franklin
Financial & listing details
- Annual tax amount: $188
- Date on market: 2/2/2026
- Cumulative days on market: 62 days
- Listing agreement: Exclusive Right To Sell
Estimated market value
Not available
Estimated sales range
Not available
$1,293/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/2/2026 | Listed for sale | $50,000+12.4% |
Source: HCMLS #1002525 Report a problem | ||
| 10/17/2025 | Listing removed | $44,500 |
Source: HCMLS #104529 Report a problem | ||
| 6/3/2025 | Price change | $44,500-19.1% |
Source: HCMLS #104529 Report a problem | ||
| 10/16/2024 | Price change | $55,000-8.3% |
Source: HCMLS #104529 Report a problem | ||
| 6/13/2024 | Listed for sale | $60,000 |
Source: HCMLS #104529 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 28734
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 5/10Cartoogechaye ElementaryGrades: PK-4Distance: 9.9 mi
- 6/10Macon Middle SchoolGrades: 7-8Distance: 13.6 mi
- 6/10Macon Early College High SchoolGrades: 9-12Distance: 12.4 mi
Local experts in 28734
- North Carolina
- Macon County
- Franklin
- 28734
- lot 3 Black Gap Road







