new - 2 days on rocket

MULTIPLE Cedar Wood Dr, Franklin, NC, 28734

$799,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
WaterfrontRiver Front, Stream
ViewMountain(s), Panoramic, Trees/Woods, Other
MLS #101450
StatusActive

About MULTIPLE Cedar Wood Dr

DEVELOPMENT SALE: exclusive offering of 24 lots in the gated community of Walnut Hills with the addition of the astounding and iconic Cedar Knob 116.96 acre conservancy easement land that includes four more home sites. Add your own nature trails, viewing platforms, and other endless possibilities! With exclusive access only to Walnut Hills, this offering has it all! Expansive views that travel for miles, meandering creeks, rock faces, beautiful meadows and clearings. Two community wells are included in this sale, along with one private well on lot 11 and underground electricity through Duke Energy already in place. Roads are roughed in and will be easy to complete and pave. Views from almost every lot, with breathtaking long range views from multiple lots. Most parcels are between one- and two-acres, giving you a total acreage of 31.99 +/- acres for the 24 lots. There are also roads roughed in for the conservation parcel with access from Stiwinter Road. The first home on the right inside gate is currently the only home in the community; it is being used a rental. This and 12 other lots have been sold over the years and privately owned. Opportunities are endless for this development piece. You are only 20 minutes from downtown Franklin, 30 minutes from Main Street in Highlands, and a short 20 minutes to the public boat put-in and beach area of Lake Glenville. HOA not active as purchaser would hold the rest. Must see to imagine all the possibilities!

Property Details

Property Features

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Meadows Mountain Realty - HF
  • Office Phone: (828) 526-1717
  • Listing Agent: Faye Wurm, John Bynum

Exterior Features

Exterior Information:

  • Waterfront: River Front, Stream
  • View: Mountain(s), Panoramic, Trees/Woods, Other

Lot Features

Lot Information:

  • Lot: Sloped, Rolling/Hilly, Wooded, Other, Waterfront

Other

Directions Information:

  • Directions: From Hwy 64 in Franklin (Highlands Road), turn onto Walnut Creek and go approximately 2.5 miles. Turn left onto Ledford Branch Rd. Turn right onto Coman Road in approximately .7 miles. Stay on Coman for about .3 miles. You will pass a home on left with garden. Keep going and stay to the right. Go over the bridge and through the gates to Walnut Ridge.

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,000
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Housing Market Comparison

See how this home compares to others in Franklin, NC.

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Franklin, NC

City

Med. Sold Price

$454.5K

Med. Price/SqFt

$229

Avg. Days On Market

6

# of Sold Homes

4

MULTIPLE Cedar Wood Dr vs Franklin

2 DAYS ON ROCKET

-4 Days

$799,000

+$344.5K More

KEY TAKEAWAY

This property is $344.5K more than the Median Sold Price in Franklin, NC.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Name: HighlandsCashiers
  • MLS Number: #101450

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Meadows Mountain Realty - HF
  • Office Phone: (828) 526-1717
  • Listing Agent: Faye Wurm, John Bynum

Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 1:16:10 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,462

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-721774
5
/10

  • East Franklin Elementary School

  • 100 Watauga St

  • 6.41 miles

  • Public District Grades KG-4

school-card-donut-721775
5
/10

  • South Macon Elementary School

  • 855 Addington Bridge Rd

  • 8.34 miles

  • Public District Grades PK-4

school-card-donut-721776
6
/10

  • Blue Ridge School

  • 95 Bobcat Dr

  • 8.39 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,333. Typical income of Franklin, NC residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About MULTIPLE Cedar Wood Dr

What is the listing price of this property?

The listing price of MULTIPLE Cedar Wood Dr property is $799,000.

What type of property is this?

The property MULTIPLE Cedar Wood Dr is land located in Franklin, North Carolina, 28734.

Is this property for sale now?

Active Listing: MULTIPLE Cedar Wood Dr is For Sale (Active/New) which means the seller is accepting offers.
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Rocket Homes›North Carolina›Macon County›Franklin›28734›MULTIPLE Cedar Wood Dr

This home is located at MULTIPLE Cedar Wood Dr in Franklin, NC and zip code 28734. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $799,000.

Over 1 listings were sold over their listed price in November 2024 in Franklin, NC. In the same period over 2 listings were sold below the listed price and 1 listings were sold for the listed price. The number of listings in Franklin, NC increased by 11.1% between October 2024 and November 2024. In November 2024 median list price was $454,500 and the average listing age was 6 days.

From Rocket Homes Real Estate and based on county public records data.

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