Under contract-no show

Price cut: $25K (2/25)

$575,000

127 Franklin Rd, Swannanoa, NC 28778

--beds

--baths

27.81Acres

Est.:

Unimproved Land

Built in ----

27.81 Acres Lot

$722,100 Zestimate^®

$--/sqft

$-- HOA

What's special

Your own forested mountainsideHike your own trails

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. House has 2 bedrooms and a flex room with a 2 Bed septic permit.

215 days

211

10

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: $3,574
Date on market: 9/5/2025
Cumulative days on market: 213 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

$722,100

$513,000 - $982,000

$2,696/mo

Price history

Date	Event	Price
3/26/2026	Pending sale	$575,000
Source: Canopy MLS as distributed by MLS GRID #4299759 Report a problem
2/25/2026	Price change	$575,000-4.2%
Source: Canopy MLS as distributed by MLS GRID #4299759 Report a problem
10/27/2025	Price change	$600,000-7.7%
Source: Canopy MLS as distributed by MLS GRID #4299759 Report a problem
9/5/2025	Listed for sale	$650,000-61.8%
Source: Canopy MLS as distributed by MLS GRID #4299759 Report a problem
5/4/2023	Listing removed	--
Source: Canopy MLS as distributed by MLS GRID #CAR3897371 Report a problem
1/30/2023	Price change	$1,700,000-10.5%
Source: Canopy MLS as distributed by MLS GRID #3897371 Report a problem
9/22/2022	Price change	$1,900,000-15.6%
Source: Canopy MLS as distributed by MLS GRID #3897371 Report a problem
8/25/2022	Listed for sale	$2,250,000+338.6%
Source: Canopy MLS as distributed by MLS GRID #3897371 Report a problem
6/30/2014	Sold	$513,000
Source: Canopy MLS as distributed by MLS GRID #NCM562467 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,574 -25%	$513,000 -29.2%
2024	$4,762 +3.1%	$724,100
2023	$4,620 +14.1%	$724,100 +12.3%
2022	$4,051	$645,000
2021	$4,051 +5.3%	$645,000 +12.2%
2020	$3,847	$575,000
2019	$3,847	$575,000
2018	$3,847	$575,000

Find assessor info on the county website

Monthly payment

Est. payment

$3,082/mo

Principal & interest

$2828

Property taxes

$254

More affordability tools

Climate risks

Neighborhood: 28778

Getting around

24 / 100

Car-Dependent

12 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

4/10
W D Williams Elementary
Grades: PK-5Distance: 0.7 mi
6/10
Charles D Owen Middle
Grades: 6-8Distance: 2.3 mi
7/10
Charles D Owen High
Grades: 9-12Distance: 2.6 mi

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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