12 Gem Lake Estates Road, Franklin NC
- 4 Bed
- 3 Bath
- 1300 ft2
- 3.0 ac
For Sale $415,000
Remarks:
This charming 4-bedroom, 3-bathroom, bonus room, large utility room and 2 car attached garage is located in the desirable Gem Lake area, offering a perfect retreat for families. Situated on 3 acres unrestricted, level to slightly rolling land, the property provides ample space for outdoor activities and relaxation. Recent updates include new cabinets, appliances, and flooring throughout, ensuring a modern and fresh living experience. It features 2 fireplaces, one in a bedroom, the other in the living room. The home is set in a beautiful, serene setting with a small branch with footbridge that feels like your own mini-estate. The property also boasts a 2-car attached garage for convenience. With access to Gem Lake, you can enjoy fishing and other recreational activities right from your backyard. This is a wonderful opportunity to own a stunning older home in a peaceful and scenic location. NOT IN FLOOD ZONE.
General Information:
| List Price: | $415,000 |
| Status: | For Sale |
| Bedrooms: | 4 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1300 sqft |
| Parking: | Attached Garage |
| MLS Number: | CAR4207274 |
| Subdivision: | None |
| Bathrooms: | 3 |
| Year Built: | 1978 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 08-05-2025 | Under Contract | $415,000 | $320 |
| 07-03-2025 | Price Decrease | $415,000-12.63% | $320 |
| 05-03-2025 | Listed | $475,000 | $366 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Swain County West Elementary | 9 miles | PK-05 | 7 |
| Mountain Discovery Charter School | 10 miles | KG-06 | 8 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 12 Gem Lake Estates Road, Franklin NC | 0 mi | $415,000 | days | |
| 240 Bear Pen Cove, Franklin NC | 0.9 mi | $219,000 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
Powered by Google Maps
Mortgage Calculator
$
%
%
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
$
|
| H.O.A. / Maintenance |
$
|
| Property Insurance |
$
|
| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28734
|
Occupancy Types |
|
Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By Western Carolina Properties, Inc.
12 Gem Lake Estates Road, Franklin NC is a 1300 ft2 on a 3.000 acres Appraisal lot. This is for $415,000. This has 4 bedrooms, 3 baths, and was built in 1978.
Based on information submitted to the MLS GRID as of 2025-05-03 10:56:24 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
Click here for more information
Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Share
