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Investment Highlights

  • Hot Growth Area
  • Flexible Development
  • River Views

Executive Summary

In-town 3.99 acre residential development site in Franklin, overlooking the Little Tennessee River with city water, sewer, and paved road access in place. Medium high density residential zoning supports a planned mix of 11 single family home sites and 8 townhomes, with concept layouts and modular construction plans available to help streamline a builder’s timeline. An alternate concept includes 14 duplex lots for 28 long-term rental units, ideal for meeting local housing needs in a growing Western North Carolina market. Below market pricing is intended to encourage a prompt sale to a ready developer.

Property Facts

Price $398,500
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Single Family Development
Total Lot Size 3.99 AC
Opportunity Zone Yes
Zoning MHD - Medium-high density residential

1 Lot Available

Lot

Price $398,500
Price Per AC $99,874.69
Lot Size 3.99 AC

Overlooking the Little Tennessee River with city water, sewer, and paved road access in place. Zoning supports a planned mix of 11 single-family home sites and 8 townhomes. Alternate concept includes 14 duplex lots for 28 long-term rental units.

Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
  • Listing ID: 41489802

  • Date on Market: 7/30/2026

  • Last Updated:

  • Address: 299 Lakeside Dr, Franklin, NC 28734

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