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McTernan Manor 1689 Old Murphy Rd 4 Room Bed and Breakfast Franklin, NC 28734 $1,199,990 ($299,998/Room)
EXECUTIVE SUMMARY
1888 Mountain Estate with Cottages: Family Compound and currently generating Income. It offers a way of living shaped by hospitality, connection, and timeless character. The main residence has five bedrooms and six baths, with original heart pine, red oak, and yellow poplar floors. Beadboard and tin ceilings, handcrafted woodwork, and multiple fireplaces speak of another era while providing modern comfort. Generous gathering spaces make entertaining easy, yet the layout preserves privacy. Two cottages and a one-bedroom apartment above the garage add flexibility. In total, there are nine bedrooms and nine baths across nearly five unrestricted acres—a rare find this close to town. Perfect for family, guests, or income through rentals or continued use as a bed and breakfast. Mature landscaping and open green spaces invite gardening, outdoor dining, or intimate events. Despite its private feel, the property is just minutes from Franklin's restaurants, shopping, blends small-town charm with waterfalls, hiking trails, and nearby mountain towns like Highlands and Asheville. Just over two hours from Atlanta and 90 minutes from Asheville Regional Airport, this estate offers an incredible opportunity.
PROPERTY FACTS
| Price | $1,199,990 | Building Size | 12,405 SF |
| Price Per Room | $299,998 | No. Rooms | 4 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1888/2024 |
| Property Subtype | Bed and Breakfast | Parking Ratio | 0.5/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 4.87 AC | ||
| Zoning | R - Residential | ||
| Price | $1,199,990 |
| Price Per Room | $299,998 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Bed and Breakfast |
| Building Class | C |
| Lot Size | 4.87 AC |
| Building Size | 12,405 SF |
| No. Rooms | 4 |
| No. Stories | 2 |
| Year Built/Renovated | 1888/2024 |
| Parking Ratio | 0.5/1,000 SF |
| Corridor | Interior |
| Zoning | R - Residential |
AMENITIES
- High Speed Internet Access
- Patio
- Bed & Breakfast
- Public Access Wifi
- Smoke-Free
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Legacy Properties by Renee, LL
McTernan Manor | 1689 Old Murphy Rd
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