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Lot/land
  • Price cut: $50.5K (11/4)
    $449,000

    15 Water Gauge, Franklin, NC 28734

    --beds
    --baths
    5Acres
    Unimproved Land
    Built in ----
    5 Acres Lot
    $-- Zestimate®
    $--/sqft
    $42/mo HOA

    What's special

    Current well permitCleared homesiteNantahala lake accessUnderground power
    HUGE PRICE REDUCTION! NANTAHALA RIVERFRONT & NANTAHALA LAKE ACCESS. 5 acres on pristine, private, upper section of Nantahala River surrounded by USFS land. 4 miles of Nantahala River is accessible on Blue Ribbon Trout Waters. Cleared Homesite with underground power, septic installed & current well permit. Nicest section of the river for first class fishing, kayaking, tubing. Nantahala Lake access to launch your boat for lake activities. Hike on private trails with AT & Bartram Trails nearby.
    123 days
    |
    237
    |
    24
    |

    Zillow last checked: 8 hours ago

    Listing updated: November 04, 2025 at 06:29am

    Listed by:

    Cynthia Sullivan 828-200-4036,

    Old Town Brokers

    Source: Mountain Lakes BOR,MLS#: 151761MLS Logo

    Facts & features

    Interior

    Video & virtual tour

    Property

    Features
    • Fencing: None
    • Has view: Yes
    • On waterfront: Yes
    • Waterfront features: River Front, River, Lake Privileges
    • Body of water: Nantahala River
    Lot
    • Size: 5 Acres
    • Features: Wooded, USFS Boundary, Sloped, 3-5 Acres
    • Topography: Level
    Details
    • Additional structures: None
    • Parcel number: 6513723745
    • Zoning description: Single Family

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: None
    • Utilities for property: Underground Utilities, Cable Available, Phone Available, Propane, Satellite Internet

    Community & HOA

    Community
    • Subdivision: Rainbow Springs
    HOA
    • Has HOA: Yes
    • Services included: Road Maintenance, Gated
    • HOA fee: $500 annually
    Location
    • Region: Franklin

    Financial & listing details

    • Annual tax amount: $1,091
    • Date on market: 8/12/2025
    • Listing terms: Conventional,Cash
    • Road surface type: Gravel

    Estimated market value

    Not available

    Estimated sales range

    Not available

    $1,045/mo

    Price history

    Price history
    DateEventPrice
    11/4/2025Price change$449,000-10.1%
    Source: Mountain Lakes BOR #151761 Report a problem
    8/12/2025Listed for sale$499,500
    Source: Mountain Lakes BOR #151761 Report a problem
    7/1/2025Listing removed$499,500
    Source: Mountain Lakes BOR #151761 Report a problem
    5/1/2025Price change$499,500-2.1%
    Source: Mountain Lakes BOR #151761 Report a problem
    12/16/2024Listed for sale$510,000+13.3%
    Source: Mountain Lakes BOR #151761 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    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: 28734

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Macon

    Source: Mountain Lakes BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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