$289,000
●
House -
Off Market
80 Laurel Canyon Road
Franklin, NC 28734
2 Beds
2 Baths,
1
Half Bath
1,387 Ft²
$1,420
Est. Monthly
About This Property
Escape to the mountains in this charming 2-bedroom, 2.5-bath home,
where historically cooler temperatures during summer make it the
ideal getaway. Located in a peaceful, unrestricted neighborhood,
the home offers flexibility as a primary residence, seasonal
retreat, or vacation rental. The main level features a spacious
open-concept design with cathedral ceilings, a primary ensuite
bedroom with walk-in closet, and a guest room with easy access to a
full separate bath. Spiral staircase leads to the finished walkout
basement, complete with a rec room, bunk area, laundry room, and
half bath. Outside, enjoy a large flat yard with a fire pit and
spacious open deck with gates. Additional storage: 1-car attached
garage, large 2-bay metal building, and she-shed/workshop with a
covered porch. The property is minutes to the Cullasaja River,
waterfalls, and outdoor activities, 20+/- minutes from downtown
Franklin or Lake Glenville, and 35 minutes from the resort towns of
Highlands and Cashiers.
Unit Size
1,387 Ft²
Days on Market
-
Land Size
1.24 acres
Price per sqft
$208
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1973
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CANOPYMLS #CAR4270579)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2025 | Sold | ||
| Sold | |||
| Jun 21, 2025 | In contract | - | |
| In contract | |||
| Jun 13, 2025 | Listed by MOUNTAIN LIFE REAL ESTATE, LLC | $289,000 | |
| Listed by MOUNTAIN LIFE REAL ESTATE, LLC | |||
| Sep 16, 2021 | No longer available | - | |
| No longer available | |||
| Aug 1, 2021 | Listed by Bald Head Realty | $345,000 | |
| Listed by Bald Head Realty | |||
| | |||
|
Vintage Charm Oozes from every corner of this Mountain Chalet set on 1.24 acres at 3100 feet elevation. Outdoor living space includes 2 Open Decks and a Rock Firepit for making late night family memories. Nearly flat, grassy, usable yard and gorgeous landscaping w/easy care perennials. This Mountain Cottage has a Wall of Windows and Open Vaulted Ceiling with Wood Beams in the Kitchen, Eating Area, Living Room and Guest Bedroom. Main Level Master Bedroom, 18.2' X 14.4' w/French Doors to the Deck, 3 Closets, Private Full Bath. Rock Fireplace in Living Rm. w/Gas Logs. Lower Level has "L" shaped Multipurpose Area w/wood burning FP., additional sleeping area and trendy Tin Ceiling! Utility Rm. w/ Washer/Dryer, Commode & Sink. Two Car Metal Garage 25' X 22' w/2 Rollup Doors plus Garage/Workshop in Basement. Adorable She - Shed can be a Playhouse/Mancave or more sleeping area, it's 11.3' X 7.4' . Cabin's Main Level Heat source includes Gas Logs, Baseboard & Wall Heaters. Lower Level heat source is the wood burning FP. Metal Roof, updated plumbing, insulation added in ceiling, New Drain Field 2009. Most Furniture conveys. Time to Live the Dream!
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Macon
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Listed by: Heather Ball, MOUNTAIN LIFE REAL ESTATE, LLC
Last Updated: 2 years ago
Data Source: CANOPYMLS, MLS# CAR4270579
Last Updated: 2 years ago
Data Source: CANOPYMLS, MLS# CAR4270579
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
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.
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.
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