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  • Price cut: $50K (10/27)
    $600,000

    127 Franklin Rd, Swannanoa, NC 28778

    --beds
    --baths
    27.81Acres
    Unimproved Land
    Built in ----
    27.81 Acres Lot
    $887,000 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Private riverfrontForested mountainside
    Unrestricted Land Buncombe County NC. This is your chance to claim a rare piece of Western North Carolina 27.81 acres of private riverfront and your own forested mountainside. Nestled in the heart of Swannanoa, this property includes a house perfect for launching your mountain lifestyle. Fish from your own banks, hike your own trails, and watch the sunrise from your own peak. Swannanoa is seeing new life, with growth and energy returning.
    101 days
    |
    261
    |
    28
    |

    Zillow last checked: 8 hours ago

    Listing updated: October 27, 2025 at 09:01am

    Listing Provided by:

    Dwain Ammons dwain.ammons@allentate.com,

    Howard Hanna Beverly-Hanks, Lake Lure

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4299759MLS Logo

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: Long Range, Mountain(s), Water, Winter, Year Round
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: None, River Front
    • Body of water: Swannanoa River
    Lot
    • Size: 27.81 Acres
    • Features: Flood Fringe Area, Hilly, Rolling Slope, Sloped, Steep Slope, Wooded, Views
    Details
    • Additional structures: Residence
    • Parcel number: 968941840400000
    • Zoning: RES
    • Special conditions: Standard
    • Horse amenities: None

    Utilities & green energy

    • Sewer: Septic Installed
    • Water: Well
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Features: Pond
    • Subdivision: None
    Location
    • Region: Swannanoa
    • Elevation: 2000 Feet

    Financial & listing details

    • Tax assessed value: $513,000
    • Annual tax amount: $4,762
    • Date on market: 9/5/2025
    • Cumulative days on market: 101 days
    • Listing terms: Cash,Construction Perm Loan,Conventional,FHA,FMHA,USDA Loan,VA Loan
    • Electric utility on property: Yes
    • Road surface type: Gravel

    Estimated market value

    $887,000

    $621,000 - $1.22M

    $2,696/mo

    Price history

    Price history
    DateEventPrice
    10/27/2025Price change$600,000-7.7%
    Source: Canopy MLS as distributed by MLS GRID #4299759 Report a problem
    9/5/2025Listed for sale$650,000-61.8%
    Source: Canopy MLS as distributed by MLS GRID #4299759 Report a problem
    5/4/2023Listing removed--
    Source: Canopy MLS as distributed by MLS GRID #CAR3897371 Report a problem
    1/30/2023Price change$1,700,000-10.5%
    Source: Canopy MLS as distributed by MLS GRID #3897371 Report a problem
    9/22/2022Price change$1,900,000-15.6%
    Source: Canopy MLS as distributed by MLS GRID #3897371 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$4,762 +3.1%$724,100
    2023$4,620 +14.1%$724,100 +12.3%
    2022$4,051 $645,000

    Find assessor info on the county website

    BuyAbility℠ 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.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 28778

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: WD Williams
    • Middle: Charles D Owen
    • High: Charles D Owen

    Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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